18 September 2011

Important Events

The Lehman bankruptcy was a much more important event than 9/11. It marked the end of a 60-year credit expansion. Maybe it marked the high water mark for the US Empire, too. And the beginning of the end for the US dollar-based world monetary system.
Bill Bonner on
Dead Men Don't Spend

13 September 2011


Leadership is really a question of influence. In the past, leadership was based on power or position. Today leadership is based on choice. In other words, leaders used to get to pick their followers and tell them what to do. Today followers pick their leaders based on whom they trust and whom they want to be like.