November 25, 1998. Long range planning does not deal with future decisions, but with the future of present decisions. Peter F. Drucker. Never make forecasts, especially about the future. Elizabeth Wong, head of the Malaysian human rights group Suaram, during 1998 Malaysian economic crisis.
All financial markets are belief systems.
We all put money in a bank and then borrow out ten times as much and feel safe. Because we believe in each other as a system. I have never been part of an important business, trade, transaction, deal, or event that did not have its success begin and end in faith. The operators did not turn off the main audible alarm because it would cancel some of the annunciator lights. Radiation alarms were coming on.