James Chanos quote — “What we define as a bubble is any kind of debt-fueled asset inflation …”

Quote

What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.

James Chanos

Barbara Kingsolver The Lacuna history

Settling for what is comfortable is one of the biggest enemies to our enlargement... In every season of life... we need to be committed to enlarging our personal capacity (even whe…

Christine Caine A Life Unleashed: Giving Birth to Your D… commitment potential

What I believe is that people have many modes in which they can be. When we live in cities, the one we are in most of the time is the alert mode. The 'take control of things' mode,…

Brian Eno