In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up.
Marc FaberRelated topics
disconnect economist inflation investor market real seen sky working years dumpsRelated quotes
I have seen the mystics play there
Once or twice but I knew they had a reason
Enchantment plays it's cards all right
Hand in hand with the working of the seasons Legends can be now and forever
Teaching us to love for goodness sake
Legends can be now and forever
Loved by the sun, loved by the sun.
Jon Anderson
One hundred years of delay have passed since President Lincoln freed the slaves, yet their heirs, their grandsons, are not fully free. They are not yet freed from the bonds of injustice. They are not yet freed from social and economic oppression. And this nation, for all its hopes and all its boasts, will not be fully free until all its citizens are free.
John F. Kennedy
We entered a synagogue which was packed with the greatest stinking bunch of humanity I have ever seen. Either these Displaced Persons never had any sense of decency or else they lost it all during their period of internment by the Germans.... My personal opinion is that no people could have sunk to the level of degradation these have reached in the short space of four years.
George S. Patton
It is no small mischief to a boy, that many of the best years of his life should be devoted to the learning of what can never be of any real use to any human being. His mind is necessarily rendered frivolous and superficial by the long habit of attaching importance to words instead of things; to sound instead of sense.
William Cobbett
It's an interesting fact that fewer than 17 % of Real cats end their lives with the same name they started with. Much family effort goes into selecting one at the start ("She looks like a Winnifred to me"), and the as the years roll by it suddenly finds itself being called Meepo or Ratbag.
Terry Pratchett