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The Obblogatory Life

Wednesday
8 September 2010

Quotation: Herbert Marcuse

Herbert Marcuse – The
people recognize themselves in their commodities; they find their soul
in their automobile, hi-fi set, split-level home, kitchen
equipment.

(1898–1979), U.S. political philosopher. One-Dimensional Man, ch. 1 (1964).

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Nothing in this world: Calvin Coolidge

persistence

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Talking about In his gloomiest prediction yet, Marc Faber sees big financial bust leading to war – Business Intelligence

In his gloomiest prediction yet, Marc Faber sees big financial bust leading to war – Business Intelligence

Speaking at a conference in Singapore on Wednesday, Faber said:

"The crisis has not solved anything. On the contrary there is less transparency today than there was before. The government’s balance sheet is expanding, and the abuses that have led to the one cause of the crisis have continued".

"I think eventually there will be a big bust and then the whole credit expansion will come to an end," Faber added.

"Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to stimulus".

In one of his Gloomiest predictions, Faber, referred to as Dr Doom, said "the average family will be hurt by that, and then in order to distract the attention of the people, the governments will go to war".

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Friday Quotation: Mahatma Gandhi

Keep your thoughts positive, because your thoughts become your words.
Keep your words positive, because your words become your behaviours.
Keep your behaviours positive, because your behaviours become your habits.
Keep your habits positive, because your habits become your values.
Keep your values positive, because your values become your destiny.

Mahatma Gandhi (1869-1948).

This quotation is never more appropriate as the foundation of one’s health (mental, physical and spiritual), one’s social wealth (family, friends, society, etc.) and one’s material wealth (money, assets and income) are all directly related to our habits. So, pause for five minutes today, and ponder the impact of his words on whatever problems you have. And remember: keep it positive.

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