‘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
Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.~Sun TzuSource: The Art of War
Credit expansion can bring about a temporary boom. But such a fictitious prosperity must end in a general depression of trade, a slump. The boom squanders through mal-investment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment.~Ludwig von Mises