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Bill Bonner Quotes: The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.
         

The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.


Bill Bonner
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Other quotes of Bill Bonner


Central planning doesn't work. A little bit of it is a drag. A lot is fatal.

Central planning doesn't work. A little bit of it is a drag. A lot is fatal.



Harness the Power of Accelerated Failure - the faster you fail, the faster you succeed.

Harness the Power of Accelerated Failure - the faster you fail, the faster you succeed.



You don't get what you want from investing, you get what you deserve.

You don't get what you want from investing, you get what you deserve.



That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.

That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.



If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.

If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.



A man's wealth can...also be measured by what he doesn't have and doesn't want. When he wants little, he is a rich man.

A man's wealth can...also be measured by what he doesn't have and doesn't want. When he wants little, he is a rich man.



If there is one thing that marks families with money in the long term it is this: delayed gratification.

If there is one thing that marks families with money in the long term it is this: delayed gratification.



People do not get what they want or what they expect from the markets; they get what they deserve.

People do not get what they want or what they expect from the markets; they get what they deserve.



You can forget about recovery. There is no recovery - and there's not going to be any recovery. Recovery is an impossibility.

You can forget about recovery. There is no recovery - and there's not going to be any recovery. Recovery is an impossibility.



The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.

The economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.





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There is no man in this world that God created to be a shadow of other people

There is no man in this world that God created to be a shadow of other people



The college diploma has no more power to hold the knowledge you have gained in college than a piece of tissue paper over a gas jet can hold the gas in the pipe.

The college diploma has no more power to hold the knowledge you have gained in college than a piece of tissue paper over a gas jet can hold the gas in the pipe.



Lead, follow, or get out of the way.

Lead, follow, or get out of the way.



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My big advantage was to have my father accept me as first-generation.




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Love must precede hatred, and nothing is hated save through being contrary to a suitable thing which is loved. And hence it is that every hatred is caused by love.



But having had your bright, fresh, original idea, the really hard part is turning it into a successful product. That's what takes all the sweat.

But having had your bright, fresh, original idea, the really hard part is turning it into a successful product. That's what takes all the sweat.




Quote Description


This page presents the quote "The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.". Author of this quote is Bill Bonner. This quote is about needs, civilization, world, spending money, economy, done,.