The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.
Noam ChomskyAbout author
- Author's profession: Activist
- Nationality: american
- Born: December 7, 1928
- Died: April 17, 2017
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This is what youth must figure out: Girls, love, and living. The having, the not having, The spending and giving, And the meloncholy time of not knowing. This is what age must learn about: The ABC of dying. The going, yet not going, The loving and leaving, And the unbearable knowing and knowing
E. B. White
The United States of America was a pirate nation for the first one hundred years of its existence, ripping off the patents and trademarks of the imperial European powers it had liberated itself from by blood. By keeping their GDP at home, the U.S. revolutionaries were able to bootstrap their nation into an industrial powerhouse. Now, it seems, their descendants are bent on ensuring that no other country can pull the same trick off.
Cory Doctorow