A Quote by Bernard Lietaer
Look at any financial institution, at any bank. They're all photocopies of each other. There's no diversity of institutions and even less diversity of currency. Therefore, just as you say its very logical that an ecosystem like this will collapse, it's very predictable a monetary system like this will collapse, too. And it hasn't finished collapsing, by the way.
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The presently existing global financial and monetary system will disintegrate during the near term. The collapse might occur this spring, or summer, or next autumn; it could come next year; it will almost certainly occur during President William Clinton's first term in office; it will occur soon. That collapse into disintegration is inevitable, because it could not be stopped now by anything but the politically improbable decision by leading governments to put the relevant financial and monetary institutions into bankruptcy reorganization.
The future will be less predictable, forecast rises will shrink, company lifetimes will shrink, new entrants will proliferate and it’s going to just get more unpredictable. If you thought financial crises came and went, just count on them – another economic collapse, it’s almost going to be like not news any more. But for startups this is great, because it’s a perpetual driver of disruption.
Men in America were terrified that if women got an equal say in society, the system would collapse and their lives would be valued less. Whites in America were scared that if blacks obtained their freedom and equality, the system would collapse and their lives would be devalued. Heterosexuals are terrified that the psychotic institution of marriage will collapse if gays are given their right to marry. And humans are terrified that if animals are liberated and no longer viewed as inferior subordinates, human life will be valued less.
There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. If you look at all of the monetary crises over the last 100 years, any time that there has been even a whiff of a collapse of the dollar, the silver ratio has soared.
There is a diversity of thought and philosophy, diversity of languages and dialects, diversity of political spectrum, and there's a diversity of taste for food. I don't label or characterize Jews in any way.
To those who feel that their values are THE values, the less controlled systems necessarily present a spectacle of "chaos," simply because such systems respond to a diversity of values. The more successfully such systems respond to diversity, the more "chaos" there will be, by definition, according to the standards of ANY specific set of values- other than diversity or freedom as values. Looked at another way, the more self-righteous observers there are, the more chaos (and "waste") will be seen.
I just love it so much [acting]. When I get passionate, I’ll give you everything until I collapse. That’s not in any ’Look at me, I’m a saint’ kind of way. It’s very selfish in a way. I’m doing this really awesome exploration, and it’s like a drug, because I completely disappear.
For me, diversity is not a value. Diversity is what you find in Northern Ireland. Diversity is Beirut. Diversity is brother killing brother. Where diversity is shared - where I share with you my difference - that can be valuable. But the simple fact that we are unlike each other is a terrifying notion. I have often found myself in foreign settings where I became suddenly aware that I was not like the people around me. That, to me, is not a pleasant discovery.
People want to complain... my point especially when it comes to racial humor is... we have that diversity, so I don't look at it like we are making fun of people, I look at it as how awesome is it that we can talk about this stuff, that we do have this kind of diversity, that we do live in a country that shows an array, unlike any other in the world.
Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI (Systemically Important Financial Institution) does fail I have little doubt that private investors will in fact bear the losses-even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would slow, and the U.S. economy would become less of a magnet for foreign investors. Economic growth, which in any case has recently been at unsustainable levels, would decline somewhat. History proves, however, that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse.
When you look at the things people are really fed up with, like the collapse of the pension system, like the failure to get money to the frontline of the health service, Gordon Brown is more responsible for that than any other politician including Tony Blair
Censorship is saying: "I'm the one who says the last sentence. Whatever you say, the conclusion is mine." But the internet is like a tree that is growing. The people will always have the last word – even if someone has a very weak, quiet voice. Such power will collapse because of a whisper.
Censorship is saying: 'I'm the one who says the last sentence. Whatever you say, the conclusion is mine.' But the internet is like a tree that is growing. The people will always have the last word - even if someone has a very weak, quiet voice. Such power will collapse because of a whisper.
Marriage is like a temple resting on two pillars. If they come too close to each other the temple will collapse.
I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I'll be all right; I've got a few veg.
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