I have never known anyone else," Egwene said to him, "who will work so hard to avoid hard work, Matrim Cauthon.
What you measure affects what you do. If you don't measure the right thing, you don't do the right thing.
Certainly, the poverty, the discrimination, the episodic unemployment could not but strike an inquiring youngster: why did these exist, and what could we do about them.
The momentum today behind the idea of a new global reserve currency reflects, in effect, the rise of the rest in world politics and economics, led by China.
The powershift began already several years ago, under the Bush administration, when the dollar became very volatile and started declining. That is when China shifted from having almost 100 percent of its reserves in dollars to 75 percent. Some countries went completely out of the dollar. The dollar, for all intents and purposes, lost its special reserve status and people starting talking about a portfolio, or basket, approach as a store of wealth instead of the dollar.
Policies seemed almost deliberately designed to suppress new enterprise and job creation. How many Americans will start a business if the interest rates are 150 percent?
China's accumulation of reserves is a result of the IMF's mismanagement of the Asian financial crisis a decade or so ago. If countries know they can't rely on the IMF to help them, their best defense is their own reserve cushion. In a time of spreading global recession, too much emphasis on savings in surplus countries like China can impede prospects for global growth.
We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U. S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.
Every revolution was first a thought in one man's mind.
A friend of mine who passed through a most severe trial, when I discussed it with him, he said simply, if it’s fair, it isn’t a trial.
In the world we live in everything militates in favor of things that have not yet happened, of things that will never happen again.