"One of the dirty little secrets of the stock market rally is that the rising corporate profits that powered it are largely phantom profits. They are artifacts of currency devaluation, not an increase in efficiency or production of goods and services."

--

Source : "Phantom Profits Will Vanish As The Dollar Strengthens" by Charles Hugh Smith, www.businessinsider.com. February 22, 2012.

Charles Hugh Smith

#Dirty Quotes #Secret Quotes #Rising Quotes

“I first started acting in primary school, just doing little plays. And from the moment I began, something just went 'click' inside me. Suddenly I wasn't shy anymore. Instead I felt confident and happy. I can remember the enormous sense of relief it gave me. I loved the feeling of making people laugh.”
“It's a good community, country music, because we get the chance to sit down and... me and Tim McGraw spend a lot of time. Me and Kenny Chesney had the opportunity to spend a lot of time together. It's been a lot of great advice through the years.”
“If you can engage the influencerâ€™s passions, and work with them to craft a compelling logical appeal, then you can leverage the credibility of the influencer to actually sway hearts and minds.”
“The past gives great examples of what can happen in the future. It's always important to remember.”
“Music will always be my greatest passion.”
“To have a sense of history one must consider oneself a piece of history....”

Source : Alfred Kazin (1982). “Contemporaries, from the 19th century to the present”, Horizon Pr
“'Gari' in Russian means "burn!"... I want to test myself, a trial by fire, so that my 'I' is burned off.”

Source : "'La Nuit Sera Calme' ('The Night Will Be Calm')". Book by Romain Gary, 1974.
“The reason why borrowed books are seldom returned, is that it is easier to retain books themselves than what is inside of them.”

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