Everything Adds Up To A Major Crisis.

America Felt Victorious And Generous After World War Ii. They Had Also Learned From The Mistakes After World War I When They Imposed Punishment On Germany. What Became Of Germany? A Nazi Dictatorship Which Threatened The World. Today's Germany Doesn't Feel As Prosperous And Generous As America Then. But Actually, Germany Still Is Very Prosperous.

Unfortunately, The More Complex The System, The Greater The Room For Error.

Mankind's Ability To Understand And Control The Forces Of Nature Greatly Exceeds Our Ability To Govern Ourselves

The Prevailing Wisdom Is That Markets Are Always Right. I Take The Opposite Position. I Assume That Markets Are Always Wrong.

The Main Difference Between Me And Other People Who Have Amassed This Kind Of Money Is That I Am Primarily Interested In Ideas, And I Don't Have Much Personal Use For Money.