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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: X Y Zebra who wrote (24790)10/25/2004 3:14:15 AM
From: Elroy JetsonRead Replies (1) of 306849
 
Another quote from Marcus Aurelius reveals a lot about his personality. He said, "the measure of a man is shown by his his aspirations and goals". He doesn't say accomplishments, he says aspirations and goals.

There's a lot of people who have lofty goals, often based on a fantastic delusion, who think this alone should outweigh their horrific results.

Although personally an ascetic and an admirable man, his over-spending, particularly on military campaigns, set in motion a later collapse. I think his spending on bread and circus was more symptomatic of Rome's lack of domestic focus.

The Fed is creating their own version of bread and circus as our real focus is on Don Quixote pursuits, and I expect similar results.

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