We will continue to ignore political and economic forecasts, which are an expensive distraction for many investors and
businessmen. Thirty years ago, no one could have foreseen the huge expansion of the Vietnam War, wage and price controls, two oil shocks, the resignation of a president, the dissolution of the Soviet Union, a one-day drop in the Dow of 508 points, or treasury bill yields fluctuating between 2.8% and 17.4%.
Dance music ... stirs some barbaric instinct - lulled asleep in our sober lives - you forget centuries of civilization in a second, & yield to that strange passion which sends you madly whirling round the room.
If a great country yields to a small country, it will conquer the small country. If a small country yields to a great country, it will be conquered by the great country.
How do you measure whether or not a strategy of economic growth that is articulated by a very smart, capable economist actually yields growth? You can't. But you can influence.
You have hedge funds and people like that buying these assets to yield 15 or 20 percent, I mean, that's the buyer for these people that are trying to unload them.
Crush humanity out of shape once more, under similar hammers, and it will twist itself into the same tortured forms. Sow the same seeds of rapacious licence and oppression over again, and it will surely yield the same fruit according to its kind.