A Quote by George Soros
There is a well-established conviction that the central banks always do what is necessary to keep the system going and then afterwards you then take care of the legal aspects. In a crisis, you simply do not have time to think about such concerns for too long.
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I think our legal system needs to be developed. Cases of citizens who are detained and then have to wait much too long for a trial - that is scary, for everyone. When someone commits a crime he needs to be charged quickly. Why does this take so long in many cases? I don't know. Is it because our legal system is still rudimentary? China has promised to modernize its legal system. This has high priority.
This is the first global crisis that doesn't start in poor countries and it was caused by the rich countries. So it's necessary to take advantage of this crisis - the financial system has to be regulated. It's necessary that the central banks in the world should control a little bit the banks' financing, because they cannot bypass a certain range of leverage. And I believe that there's no other - more any reason for a G-8 group or any other "G." I believe that we should guarantee that the G-20 should be now an important forum to discuss the major economic issues of the world.
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.
Quantitatve easing is NOT going away. Every major country is running a deficit. If they are all net borrowers then who is the lender? The central banks. For this reason – QE is not going away for a long time.
I bought a house right before the housing crisis happened. So I paid too much and then I was stuck with it for a long time. So that was sad for me. I was like, "I'd better make a movie about this to get it out of my system."
The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.
I turn on the machines and start to think about ideas and take it from there, it usually begins if it's a beat, a track creating a beat/beats and then the bass-line/lines, then comes the sounds--drones, atmospherics etc, then the edits of various sounds I created and keep going till I feel I have enough sounds ideas to start working and building a track. I have many banks of sounds that we hear that can be manipulated in the machines.
We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit.
I wanted to take a stand against what I think was not so well established then but is thoroughly well established now, which is the substitution for a real sense of a country of a hideous distortion which you can sell to the people called 'heritage'.
It's tempting to think, 'This is silly. I'm an artist. I care about my work, my work is first. I don't care about what kind of dress I wear... That's so secondary to me.' But if you care about your work... then you need to take this part of it just as seriously as you would going into an audition and going into work.
The legal system doesn't work. Or more accurately, it doesn't work for anyone except those with the most resources. Not because the system is corrupt. I don't think our legal system (at the federal level, at least) is at all corrupt. I mean simply because the costs of our legal system are so astonishingly high that justice can practically never be done.
The Dhamma has to sink deeply into the mind so that whatever we do, the mind has always goodness within it. All the ways of making merit are aiming at this. Goodness lies in the right view that is established in the mind. Then we don't have to celebrate it or let anybody know about it, simply let the mind have firm confidence in the goodness and keep going like this.
Well, in regards to surfing, I’ve learned that there is always another wave coming. Translated that means there is always tomorrow. No matter how badly you get caught inside, if you can just hang in there and keep paddling, the set is going to pass and there will be a lull afterwards. So don’t give up, just take your pounding, wait until the set passes, then make your move.
Somebody says, 'Well, I can't be concerned about other people. About the best I can do is to take care of myself' Well, then you will always be poor.
The most inspiring piece of advice I've gotten is simply to persevere. My mom taught me to always keep going no matter what from an early age. When it feels too difficult to push forward, I always remind myself, 'This too shall pass,' and then I redouble my efforts.
I find that if I use my time well and take care of my mind/body when I'm outside of work, then I feel more supported throughout my day. So, instead of waking up and going straight for my cell phone or running to the gym, I take a few deep breaths, envision what I'd like to achieve that day, then rid my mind of anything that isn't going to help me get there.
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