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“The purpose of school, Zimbardo notes, is to turn present-oriented little beasts into responsible future-oriented children.”
― Endgame: The End of the Debt SuperCycle and How It Changes Everything
― Endgame: The End of the Debt SuperCycle and How It Changes Everything
“If I seem unduly clear to you, you must have misunderstood what I said.”
― Code Red: How to Protect Your Savings From the Coming Crisis
― Code Red: How to Protect Your Savings From the Coming Crisis
“China is now Asia’s least equal society with 1% of the population controlling more than a third of the country’s wealth, most of which is tied up in property. Alarmingly, China’s property vacancy rate is estimated to be 22%, suggesting that 49m homes are sitting empty and have been bought by wealthy speculators. That equates to around 30% of all apartments sold in the past decade. How long can the bubble continue given such a large number of empty and expensive apartments?”
― A Great Leap Forward?: Making Sense of China’s Cooling Credit Boom, Technological Transformation, High Stakes Rebalancing, Geopolitical Rise, & Reserve Currency Dream
― A Great Leap Forward?: Making Sense of China’s Cooling Credit Boom, Technological Transformation, High Stakes Rebalancing, Geopolitical Rise, & Reserve Currency Dream
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