A Quote by Jonathan Franzen
THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor.
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Anybody can go onstage and be dirty. You have to be funny, that's the key. You can say anything as long as it's funny. You can't take it too seriously up there. And people coming to see you can't take it too seriously.
In a bubble, eventually people start saying, 'Wait a minute... these prices are way too high! What is anyone buying anymore? What could they possibly be thinking?' And then there's a correction and a bursting.
The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.
I've put up with too much, too long, and now I'm just too intelligent, too powerful, too beautiful, too sure of who I am finally to deserve anything less.
People tend the take everything too seriously. Especially themselves. Yep. And that's probably what makes 'em scared and hurt so much of the time. Life is too serious to take that seriously.
The Fed contributed to the financial crisis, keeping interest rates too low for too long. I give them credit for responding and stabilizing the economy and the financial sector during the crisis. But then they tried to do too much with quantitative easing that went on forever, just dramatically exploding their balance sheets.
You should not take old people who are already dead seriously. It does them injustice. We immortals do not like things to be taken seriously. We like joking. Seriousness, young man, is an accident of time. It consists, I don't mind telling you in confidence, in putting too high a value on time. I, too, once put too high a value on time. For that reason I wished to be a hundred years old. In eternity, however, there is no time, you see. Eternity is a mere moment, just long enough for a joke.
Sometimes, something of someone is liked too much not because it holds too much value or has a true value, but because there are too many bidders and buyers to have the same thing at the resale
value.
When you have a good heart: You help too much. You trust too much. You give too much. You love too much. And it always seems you hurt the most.
There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it ultimately gets away from them, and they end up spending more money, causing much more damage to the economy.
If I write too much of anything for too long, I burn out on it. So it helps to vary my output from year to year.
The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, driven by the insiders having exited but the sucker outsiders hanging on hoping for a revivial, but finally giving up in the final collapse.
To take those fools in clerical garb seriously is to show them too much honor.
If something takes too long, something happens to you. You become all and only the thing you want and nothing else, for you have paid too much for it, too much in wanting and too much in waiting and too much in getting.
One cannot see any world leader who has got a grip on the financial markets these days. They're too big, too fast. I think that's quite scary.
You loved people and you came to depend on their being there. but people died or changed or went away and it hurt too much. The only way to avoid that poin was not to love anyone, and not to let anyone get too close or too important. The secret of not being hurt like this again, I decided, was never depending on anyone, never needing, never loving.It is the last dream of children, to be forever untouched.
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