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The United States has been a global power since late in the 19th century. ”
Most of our pocket wisdom is conceived for the use of mediocre people, to discourage them from ambitious attempts, and generally console them in their mediocrity. ”
Markets do not run better when manufacturing shifts to China largely because of the actions of its government. Nor do they become more efficient when Chinese companies are given special privileges in global markets, while American companies must struggle to compete with unfairly traded goods. ”
The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of dollars in an attempt to prevent a global depression. ”
My company survives because I've learned to respect the ideas of people younger than me and recognize when my wisdom is obsolete. ”
Our global economy is much more fragile than many of us realize. ”
I think global warming is the gravest threat. With global warming, it's the product of a war between old energy - between the carbon cronies, who, by the way, could not stay in business in a true free market capitalism. ”
Britain has taken itself out as a major player in the international system, at least for a while, with the kind of cuts that they've made in their national security budget. ”
We are to seek wisdom and understanding only in the length of days. ”
The closest you are going to get to playing international football is the Champions League. ”