?Computers crash, and you have to reboot them. That will happen to the global economy,? said Mark Faber, publisher of the Gloom, Boom, and Doom Report.
?Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate,? said Andrew W. Mellon, President Herbert Hoover's Secretary of the Treasury. The Republicans did not win a presidential election for 20 years after that comment.
? The modern Olympic Games are orgies of lachrymose nationalism. War by other means, warrior-athletes, watched by men in suits and uniforms?.rogue California chemists running their eye popping, vein-clustered, vest stripping robots against degendered state laboratory freaks,? said author, Ian Sinclair, and outspoken critic of the Olympics.
?The biggest mistake you can make in a bear market is to cover your shorts too soon? he said.
?I used to tell lies. But I?ve given it up, because the field has become overrun with amateurs,? said the great American 19th century humorist, Mark Twain.
?We?re all just one trade away from humility, Bud,? said a stockbroker in the classic film, Wall Street.
?Who knew the blockbuster this year would be a horror show,? said Tony Crescenzi, market strategist and portfolio manager at bond giant, PIMCO.
?I?m long tear gas after the Athens experience. They are going to need that tear gas in Rome and Madrid at some point,? said Steve Cortez at Veracruz Research.
?It?s a bit like looking for gold in a minefield,? said Fidelity International?s China Special Situation Fund manager, Anthony Bolton, amid widespread accounting fraud in the country.
?People think that Treasury bonds are riskless, but a 100 basis point rise in interest rates leads to an 18% capital loss,? said Andrew Neale, a portfolio manager at Fogel Neale Partners.
