I do not understand why some would call me an economic oracle. Although I correctly foretasted key economic events in the past 10 years, the truth is that any economic forecasting model can become useless with the change of just one variable. And if we learned anything from experience, the only constant in markets is change. The first rule of economic forecasting is to understand that it is a science of probability not a science of certainty.
If people become ecstatic the whole society will have to change, because this society is based on misery. If people are blissful you cannot lead them to war -- to Vietnam, or to Egypt, or to Israel. No. Someone who is blissful will just laugh and say: This is nonsense!
If we can recognize that change and uncertainty are basic principles, we can greet the future and the transformation we are undergoing with the understanding that we do not know enough to be pessimistic.
If you believe in yourself (even if no one else does) then keep trying until you succeed. Success isn’t for a few “lucky” people, it comes from trial and error, and, failure is a huge part of becoming successful provided you learn from your past mistakes, and, make a conscious effort to change what doesn’t work.
In real world, the successful persons are those who adapt to the changes in their environment smartly and most effectively, and surely not those who resist mindlessly. No matter how strong, mighty and intelligent you may be, you are still vulnerable to the inevitable continuous changes in our world that are way beyond your control. History teaches us that even mighty dinosaurs, who emerged over 200 million years ago and ruled our planet for 135 million years, could not survive as they were unable to adapt to changes. So be Smart and Savvy to survive in today's fast paced dynamic world. Embrace the changes, even though you are stepping out of your comfort zone, and operating outside your element. Your strategic adaptation to changes, and effective Management of Change contain the seedlings to your survival and success. Cheers, my friend!
In the age of knowledge and global socioeconomic exchange, goodwill and trade relations are far important to national prosperity and stability than land or military power. Socioeconomic systems that are built on exclusive ideologies, religious or ethnic purities are breeding grounds for extremism and will eventually lead to civil and international conflicts. Those countries must change or fail.
Inflation is a force of pressure. If the socioeconomic system of a country is open and democratic, the pressure will dissipate via elections and peaceful change of government. On the other hand, if the system is closed, it might be able to contain the pressure for a while, but the pressure will continue to build up and at a certain point it will exceed the strength of the system causing it to crack. Rulers who learn from history and create a socioeconomic system that is open will achieve stability and continuity. Those who fight against these socioeconomic forces may win some battles in the short term, but they will lose the war.
It's wonderful that we complement each other, and aren't equal in many ways. We're like Day and Night, Sun and Moon, Ocean and Land. It's not for us to strive to become equal, my friend; but to honor our differentiating and complementing qualities, and respect each other for who we are. It's our complementing differentness that paints our world so beautiful - with multiple mesmerizing and magical colors. So be happy that we're different, and do not change. You're good as you are! Cheers!
Life is never static, and that's what I find most beautiful. It is beautiful, because of its ups and downs, twists and bends, roundabouts and straight roads, and ebbs and flows in general. Nothing is permanent, and only constant is the constant change. "Even this shall pass" is the mantra and a constant reminder for us, on every occasion when we feel excited with life's flows, and also in the darkest moments when we feel down and out with life's ebbs. The disappointments, betrayals, feelings of helplessness, being alone, all these will be ebbing away, as the life goes on. It's amazing how life can be so kind and good, and at the same time so bitter and cold....and yet everything shall pass. So enjoy today, and live this moment to the fullest, enjoying life's ebbs and flows.
Many people are afraid of Change, because they view it as the destroyer of their comfort zones. They fail miserably to see that the same Change is the creator of something new, exciting, and of potential value in their lives. Do not be afraid of Change, but do make an effort to manage it when the Opportunity knocks on your door.