A Quote by Bill Bonner

None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.
We will have more crises and none of them will look like this because no two crises have anything in common except human nature.
The problems of a period are the existential crises of what can be but hasn't yet been resolved; and regardless of how seriously we take that word 'resolved,' if there were not some new possibility, there would be no crisis - there would be only despair.
Over the years, I've been involved in many business crises. I qualify this, since my crises have never involved life and death or the survival of the human race. But they are still crises.
Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending
Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State will have to take the road which will eventually lead to communism.
When there is pressure for leaders to respond to problems or crises, they often simply intensify their efforts in their particular defined sphere of activity - even if that's not relevant to the real problem. To do otherwise requires taking on entrenched practices and asserting power in areas where it often will not be well received. And leaders tend to see major crises more as threats to their own position rather than as systemic challenges for the societies that they govern or the institutions that they manage.
In the seed and the soil, we find the answers to every one of the crises we face. The crises of violence and war. The crises of hunger and disease. The crisis of the destruction of democracy.
Those policies - more taxes, more regulation, more debt, more spending, more government - will make American worse. It just will, in my view.
Brexit will lead to a flight of talent, money and taxes - and the country will have to take on more and more debt.
If you listen to the political discourse in America today, you would think that all our problems have been caused by the Mexicans of the Chinese or the Muslims. The reality is that we have caused our own problems. Whatever has happened has been caused by isolating ourselves or blaming others.
[Barack Obama failed to sell a health care reform plan to American voters] because the utter implausibility of its central promise - expanded coverage at lower cost - led voters to conclude that it would lead ultimately to more government, more taxes and more debt.
If you think about the actual problems we are facing - all the crises - we have the means to solve these crises. The past has shown us we are able to do things we never imagined we would be able to do.
It doesn't take much insight to realize that wars have been getting worse every time - worse from the point of view of the civilian, more and more destructive, more and more total.
More taxes, more regulation, more Washington domination, more debt. Those things are not the future for America. They will never work.
After a study of some forty years and more of the great religions of the world, I find none so perfect, none so scientific, none so philosophic, and none so spiritual as the great religion known by the name of Hinduism. The more you know it, the more you will love it; the more you try to understand it, the more deeply you will value it
The 1992 crisis proved that the existing system was unstable. Not moving forward to the euro would have set up Europe for even more disruptive crises.
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