#us

Great minds are to make others great. Their superiority is to be used, not to break the multitude to intellectual vassalage, not to establish over them a spiritual tyranny, but to rouse them from lethargy, and to aid them to judge for themselves. ↗

— William Ellery Channing

#break #establish #great #great minds #intellectual

The mind, in proportion as it is cut off from free communication with nature, with revelation, with God, with itself, loses its life, just as the body droops when debarred from the air and the cheering light from heaven. ↗

— William Ellery Channing

#air #body #cheering #communication #cut

Facebook is uniquely positioned to answer questions that people have, like, what sushi restaurants have my friends gone to in New York lately and liked? These are queries you could potentially do with Facebook that you couldn't do with anything else, we just have to do it. ↗

— Mark Zuckerberg

#anything #could #else #facebook #friends

And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling. ↗

— James Chanos

#because #buy #does #everyone #exposure

The saddest thing I can imagine is to get used to luxury. ↗

— Charlie Chaplin

#get #i #i can #imagine #luxury

Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last. ↗

— James Chanos

#cent #economy #eye #growing #healthcare

Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger. In terms of the general complacency, what we heard over and over from investors and clients and potential clients is, 'yes, yes, there are some excesses, but the government will figure out a way.' ↗

— James Chanos

#australia #china #clearly #clients #complacency

Belize suits me because I'm active and I like diving. I learnt when I was 18, in Thailand, and I have dived in Vietnam, which wasn't great, the Red Sea, which was incredible and reasonably priced, and then the Maldives, which is like being submerged in an aquarium. ↗

— Georgina Chapman

#because #being #diving #great #i

There's almost 70 billion in square feet under construction in high rises in commercial, residential and light manufacturing. And we estimate about 30 billion square feet, and that's with a 'B,' is commercial, that we would just consider office space. To put that in perspective, that's a 5x5-foot cubicle for every man, woman and child in China. ↗

— James Chanos

#almost #billion #child #china #commercial

What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations. ↗

— James Chanos

#bailed #banks #bonds #bubbles #china