and some receive more socialized benefits than money saved
could a following generation have to work to provide for elders
who promised themselves more than can be provided
not receive the same benefits?
The German government financed its military operations in WWI
completely through borrowing.
The average pencil is seven inches long,
with just a half-inch eraser
in case you thought optimism was dead.
People can foresee the future
only when it coincides with their own wishes,
and the most grossly obvious facts can be ignored
when they are unwelcome.
Bull markets are born on pessimism, grow on skepticism, mature on optimism,
and die on euphoria.
Sir John Templeton
The incestuous relationship between government and big business
thrives in the dark.
It's not how right or how wrong you are that matters
but how much $ you make when right
and how much you do not lose when wrong.