GO PLACIDLY AMONG THE NOISE AND HASTE
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Remember that there is a fool every corner and a sucker born every minute; be on good terms with all of them.
Speak your truth quietly and clearly; listen to others, even the dull and ignorant; for they too have money to spend.
Avoid loud and aggressive persons, they are vexatious to the spirit. If you compare yourself with others, you may become vain or bitter - especially if you check out their balance sheets - for always there will be greater and lesser persons than yourself.
Ask not what you can do for your country, but what your country can do for you - before it goes broke.
Keep interested in your career, however humble; you'll probably need the money.
Exercise caution in your business affairs, for the world is full of trickery. But let this not blind you to what virtue there is: many persons strive for high ideals, though everywhere life is full of private heroism, as well as public humbug.
Be yourself, but only if you can't do better than that. Especially, do not feign affection, for what is the point? Neither be cynical about love; for in the face of all aridity and disenchantment it is perennial as the grass...or at least as cyclical as US presidential elections.
Take kindly the counsel of years, gracefully surrendering the things of youth; the old codgers might know something. Nurture strength of spirit to shield you in sudden misfortune. Misfortune is practically guaranteed; especially after 18 years of Alan Greenspan at the Fed.
But do not distress yourself with imaginings; there is no need...things are worse than you could ever imagine anyway.
Beyond a wholesome disciple, be gentle with yourself. But do not forget to kick a man when he is down; he would do the same to you.
You are a child of the universe, no less than the trees, the stars, and bathtub plugs; you have a right to be here. And whether or not it is clear to you, no doubt the universe is unfolding as it should, whether you like it or not.
Therefore be at peace with God and on even terms with bookies and bar keepers. With all its shame, drudgery, claptrap and broken dreams, it is still a beautiful world.
Bill Bonner
Editor's Note: This piece of prose first appeared in The Daily Reckoning, of which Bill Bonner is the founder and editor. He is also the author, with Addison Wiggin, of the New York Times and international best-seller: "Financial Reckoning Day: Surviving the Soft Depression of The 21st Century" (John Wiley & Sons).
Bill Bonner's latest book - 'EMPIRE of DEBT' - has finally arrived in Britain. This follow-up to his collaboration with Addison Wiggin exposes the Anglo-American economy for what it really is - an empire built on delusions.
The lucky winners of our Winter GiveAway (a case of 6 x 750ml Moet & Chandon champagne each) are: