— Bill Bonner
Whether you are looking at the big picture or the little picture, it is important to remember that what you see is only a very small part of the whole thing. And the picture is likely to be distorted in many different ways.
The media, the financial industry, regulators – all have their own agenda, motivations, and favored narratives. What we see has already been refracted through several lenses. But the most dangerous distortions appear in the light we bend ourselves to fit our own prejudices, delusions, and desires.”