‘You take the blue pill, the story ends. You wake up in your bed and believe whatever you want to believe.
‘You take the red pill, you stay in Wonderland — and I show how deep the rabbit hole goes.’
— The Matrix
Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.~Irving Fisher, Ph.D. in economics, Oct. 17, 1929
All war is based on deception.
Hence, when able to attack, we must seem unable;
When using our forces, we must seem inactive;
When we are near, we must make the enemy believe we are far away;
When far away, we must make him believe we are near.~Sun TzuSource: The Art of War
The US and China, the world’s two main economic powers, have locked horns over establishing a major development bank that could rival the twin Bretton Woods institutions – and Beijing has emerged, for the first time, as the clear winner.~David Marsh, OMFIF