Sunday, 2 July 2023

Quotations

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"But there is one part of getting old we’re not so good at preparing for; one investment for which we don’t employ specialists, to ready us. Or even discuss in the pub. And it’s the pension plan of memories — our investments in mental souvenirs. We do not, it seems, regard the fact that, by the time we’re 70, we will be as a dragon, sitting on a lifetime’s hoard of hours and days. A dragon with four slightly dodgy knees, who doesn’t get around as much, and so spends most of its time just sitting. Just sitting with the past.

"No man should reach his final years full of regret, and abandoned ideas, and heart-aching disappointments, simply because he obediently played by the rules of “what a man should be”. Because there is no science, or physics, or rules, of what a man “should” be! You have signed no Man Contract; there is no one to report to. By the time you’re 70, everyone whose disapproval, ridicule or disappointment you feared will be long gone, or dead. There is no one who will give you a medal for your sad dutifulness. The approval you wanted will never come. Rebel now! While you still have the time!" Caitlin Moran

"[Adam] Smith believed that human beings had a natural sympathy with one another that led them to look beyond their immediate prosperity. He grasped that commerce, far from sundering people, draws them together into networks of mutual dependency." Daniel Hannan

"How on earth is it possible that someone blows up critical infrastructure on the territory of Europe and no one has a say, no one condemns, no one carries out an investigation?" Péter Szijjártó, Foreign Minister Hungary, talking about the Nord Stream pipeline

 
Hanjo Girke
Replying to
There is no investigation because we are no independent nations but vassals. We all know who did it. Sweden wouldn't have blocked sharing its findings for "classified" reasons otherwise. We would not have prevented an independent investigation by the security council otherwise.
"Harvard itself calculated in 2013 that if it admitted students based on their academic qualifications alone, less than one per cent of its undergraduate student body would be black, as opposed to its then current 10 per cent black share. (That ten per cent is now up to 14 per cent, without any corresponding national rise in the test scores of black students.)” The Spectator

13 comments:

  1. Biserica Sf. Gheorghe, 1839
    By Auguste Raffet (1804-1860)
    Litografie, Dimensiuni: 28,8 x 17 cm, 1050.00 LEI TVA inclus
    https://www.anticariat-unu.ro/auguste-raffet-1804-1860-biserica-sf-gheorghe-1839-p310774

    ReplyDelete
  2. If the truth be told, we are getting sick and tired of the little piss-ant who runs the cease-pool of corruption, tyranny, delusion and death called Ukraine. This clown—and that’s what he is actually trained as—just can’t seem to stop stridently demanding money, arms and support from the rest of the world and lecturing everyone to fall into line or else.

    Why the US Should Stop Sending Money to Zelensky
    By David Stockman

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  3. The last few decades have been marked by a special cultivation of the romance of the future. We seem to have made up our minds to misunderstand what has happened; and we turn, with a sort of relief, to stating what will happen—which is (apparently) much easier.

    G. K. Chesterton,
    What’s Wrong with the World, 1910

    ReplyDelete
  4. European stock funds have just suffered 16 straight weeks of investment outflows, Bloomberg reported on Friday, citing fund flow data from a research note by Bank of America strategists.

    According to the report, total withdrawals amounted to $27 billion since the start of the year, with Europe recording the biggest outflows among major regions at $4.6 billion in the past week alone.

    https://www.rt.com/business/579083-investment-outflows-europe-us/

    ReplyDelete
    Replies
    1. Big Brother does not allow me to open that link in Chrome which is outrageous, but I found this on Bloomberg. I have no idea what it means, by the way.

      A $27 Billion Stock Exodus Shows How Investors Feel About Europe
      European stock funds just had a 16th week of outflows:
      When it comes to Europe’s underperforming equities, investors are voting with their feet.

      The region’s stock funds just suffered a 16th straight week of investment outflows, taking total withdrawals to $27 billion in the year to date, Bank of America Corp. strategists said in a note on Friday, citing EPFR Global data. In the past week alone, Europe had the biggest outflows among major regions with a $4.6 billion exodus.

      The flows highlight how a rally in European stocks has petered out at a time when the Nasdaq 100 index is about to record its best ever first half of a year. The UK has been a particular laggard with the FTSE 100 little changed since the start of 2023.

      European Stocks Underperform US Peers | Stoxx 600 has surrendered its outperformance of the S&P 500

      The region’s underperformance partly reflects an increasing preference among investors for growth stocks and megacap technology, which have a much bigger weight in the US. The strength of the US economy is also likely to have also played a part amid fears of weakening global growth.

      “Tech exposure is driving regional equity flows again, benefiting US equities and the dollar,” Barclays Plc strategist Emmanuel Cau wrote in a note this week, highlighting that Europe was the only major region to see outflows in June. “In contrast, US investors have started selling European equities for the first time this year, with the weakening in activity data prompting broader outflows from the region.”

      Delete
    2. The war is harming Europe and boosting America. America in some ways (quite a few) is England's biggest enemy. Is it Europe's? Probably not so much.

      Delete
    3. ' I have no idea what it means'

      It means the eurozone is doomed.

      Delete
    4. 'Big Brother does not allow me...'

      Use this in your browser:

      https://chrome.google.com/webstore/detail/windscribe-free-proxy-and/hnmpcagpplmpfojmgmnngilcnanddlhb?hl=en-US

      It's free and it works.

      Delete
  5. The Eurozone like the European Union is doomed but not in short or medium term. Adam Smith said there's a lot of ruin in a nation by which he meant a nation can withstand a lot of ruinous events. Same with the Eurozone. But clearly Europe is in relative decline and has been for a hundred years or more.

    ReplyDelete