by The Investor on November 27, 2007
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That which is at rest is easy to grasp.
That which has not yet come about is easy to plan for.
That which is fragile is easily broken.
That which is minute is easily scattered.
Handle things before they arise.Manage affairs before they are in a mess.
A thick tree grows from a tiny seed.
A tall building arises from a mound of earth.
A journey of a thousand miles starts with one step.
Contriving, you are defeated;
Grasping, you lose.
Laozi, (Taoist philosopher, China, 4th Century B.C.)
by The Investor on September 4, 2007
“I am not obliged to do any more. No man is obliged to do as much as he can do. A man is to have part of his life to himself.”
Samuel Johnson
I assume the famous 18th Century Londoner and pioneer of the dictionary Samuel Johnson would include women if he were still issuing pithy soundbytes today. Men and women alike are now working longer hours than ever, albeit for better salaries than ever before.
Our combined efforts are keeping Britain and the US among the richest economies in the world (fourth and first, respectively). But to what end?
The British public has shopped its way into over a trillion pounds in debt. We’ve bid up house prices to crazy levels, with desperate first time buyers borrowing historically huge multiples of their salaries just to buy a starter flat, and often giving little thought to the long years ahead of repaying the mortgage.
The British work the longest hours in Europe, and what do we have to show for it: Multi billion pound shortfalls in pension contributions, and calls for the retirement age to rise to 75.
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