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this time is different (redux)

12 July 2011 in Uncategorized | Tags: , , | 1 comment

With China, you have the ultimate ‘this time is different’ syndrome. Economists say they have huge reserves, they have savings, they’re hard-working people. It’s naïve. You can’t beat the odds forever.

–Professor Ken Rogoff: via NYT

The Speculations of Mr. Spectator

  • the Folly of him who lets his Fancy place him in distance Scenes untroubled and uninterrupted, is preferable to that of him forcing a Belief... 12 years ago
  • Books...are the Presents to Posterity of those who are yet unborn.... 12 years ago
  • the World is a Copy or a Transcript of those Ideas which are in the Mind of the first Being...those Ideas...are a Transcript of the World... 12 years ago
  • 'The Time was when all the honest Whore-masters in the Neighborhood would have rose against the Cuckolds to my Rescue' -letter... 12 years ago
  • a father, who having arrived at great Riches by his own Industry, took delight in nothing but his Money... 12 years ago
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