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    • Five Hundred Million Dollar Negative Yield Bond Issued
      No, central banks aren’t screwing the economy up with their purchases: Veolia (Paris:VIE) has issued a 500 million 3-year EUR bond (maturity November 2020) with a negative yield of -0.026 %, which is a first for a BBB issuer. To be clear, central banks didn’t buy those bond, investors did. But central bank purchases of […]
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War and Peace

Some thoughts that are shorter and pithier than Leo Tolstoy’s book:

“Peace is not the absence of war, it is a virtue, a state of mind, a disposition of benevolence, confidence, justice.”  -Baruch Spinoza

“War must be, while we defend our lives against a destroyer who would devour all; but I do not love the bright sword for its sharpness, nor the arrow for its swiftness, nor the warrior for his glory. I love only that which they defend.” – J.R.R. Tolkien

Not necessarily war related but so often overlooked by the peacemakers as well as the war hawks:

“If you don’t take the time to do it right, when will you have the time to do it over?” – Former Advanced Inorganic Professor

“Begin with the end in mind” – Stephen Covey

 

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2 Responses

  1. I don’t consider myself a hawk or a dove: I don’t believe reality can be squeezed into either category. Instead, I go where my analysis of the evidence (which may be faulty, but ultimately we all have trust our own judgement) leads me. So I was a dove on Vietnam, Panama and W’s invasion of Iraq, and a hawk on Yugoslavia, Rwanda (but no one in power was), Afghanistan (initially, when our goal was to get the people who attacked us on 9/11), and currently on stopping ISIS in Iraq. On Syria and Libya my views were mixed, but I felt if we were going to act we needed to act quickly and heavily (my understanding of Hillary’s views, but not Obama’s). In any case, one size does not fit all.

  2. If you don’t take the time to do it right, when will you have the time to do it over?” – Former Advanced Inorganic Professor
    My favorite of the quotes above.

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