A Quote by Stephane Hessel
Let us not be defeated by the tyranny of the world financial markets that threaten peace and democracy everywhere.
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It is often said that in today's modern and postmodern world that the forces of darkness are upon us. But I think not; in the Dark and the Deep there are truths that can always heal. It is not the forces of darkness but of shallowness that everywhere threaten the true, and the good, and the beautiful, and that ironically announce themselves as deep and profound. It is an exuberant and fearess shallowness that everywhere is the modern danger, the modern threat, and that everywhere nonetheless calls to us as savior.
I have seen the rise and fall of Nazi tyranny, the subsequent cold war and the nuclear nightmare that for fifty years haunted the dreams of children everywhere. During that time my generation defeated totalitarianism. As a result, your world is poised for better tomorrows. What will you do on your journey?
There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis.
Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for example, always had to pay a lot more in interest to borrow money than governments in developed nations.
My attitude to peace is rather based on the Burmese definition of peace - it really means removing all the negative factors that destroy peace in this world. So peace does not mean just putting an end to violence or to war, but to all other factors that threaten peace, such as discrimination, such as inequality, poverty.
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.
Do not trust financial market risk models. Despite the predilection of some analysts to model the financial markets using sophisticated mathematics, the markets are governed by behavioral science, not physical science.
The financial markets tend to be just a backdrop for a novel, for a heist or something that isn't necessarily integral to it. On the whole, I don't think the financial world has been well served by novels.
Unless and until we have peace deep within us, we can never hope to have peace in the outer world. You and I create the world by the vibrations that we offer to it. If we can invoke peace and then offer it to somebody else, we will see how peace expands from one to two persons, and gradually to the world at large. Peace will come about in the world from the perfection of individuals. If you have peace, I have peace, he has peace, and she has peace, then automatically universal peace will dawn.
Let's win the peace and democracy the good people of Iraq so richly deserve after decades of tyranny.
Let us face at the outset how many Christians are not victorious, but defeated. Defeated by circumstances, defeated by other peoples? natures and wrong-doings, defeated by the down-drag of the flesh, defeated by loss, by pain, by suffering, by worry. Instead of saying with confidence, ?This is the victory that overcometh the world, even our faith?, they have to say in honesty, ?This is the defeat that has been caused by the world, even our self-centeredness.? That is the opposite of faith. Unbelief is not the opposite of faith; self-centeredness is ? being centered in self rather than in God.
The Founders knew that a democracy would lead to some kind of tyranny. The term democracy appears in none of our Founding documents. Their vision for us was a Republic and limited government.
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
Those are serious questions of war and peace, of freedom or tyranny, whether or not there is ever going to be a hope of us instilling some democratic systems in a part of the world that frankly is breeding hate and destruction directed right at us.
As difficult as it can be to find genuine inner calm, it is the key to creating peace in the world as we know it. The world will not change until we do, and there is nothing the world can deliver to us that will give us the peace we crave. Peace comes not from the world, but from God.
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