Bill Bonner: Are Pope Francis, Bill De Blasio and Barack Obama Right?

Bill-Bonner2

“People think the rich are capitalists and that capitalists are rich. Not so. A real capitalist takes losses as well as gains. He makes mistakes… and pays for them himself.  Sometimes it’s not about the money. Often, he doesn’t know how much he’s got… and doesn’t care. It’s the journey he likes, not necessarily the destination.  The capitalist is misunderstood. So is capitalism. It is not so much a system; it is what happens when there is no system. It is what people get up to when they are left to their own devices.  Good? Bad?  We don’t know… but it’s better than being told what to do by some jackass with his own agenda.”

http://www.bonnerandpartners.com/are-pope-francis-bill-de-blasio-and-barack-obama-right-about-capitalism/

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