QUOTE: Not enough to cover the giant web of obligations

“What remains are games of musical chairs, Ponzi schemes, frauds, swindles, stonewalls, ruses, ploys, scams, dodges, bluffs, subterfuges, QE martingales, interventions, rehypothecations, pretenses and other modes of evading or disguising reality. The reality is that there is not enough real wealth to go around, certainly not enough to cover the giant web of obligations that masquerades as ‘money.'” – James Howard Kunstler in an essay titled The Cyprus Fiasco Is A Metaphor For The Entire Global Financial System

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PRODUCTIVITY: Keep records

“Everything is an idea for something, something that touches the imagination, a fact that seems relevant or maybe just a statement I find interesting — either because it resonates or because I disagree. All of it is fodder for continued work or thinking on the topics. It’s also important to me to record the ideas that my instincts tell me are bad.”

 
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