经济史是一部基于假象和谎言的连续剧。要获得财富，就要认清假象，投入其中，然后在假象被公众认识之前退出。

Economic history is a never-ending series of episodes based on falsehoods and lies.

世界经济史是一部基于假象和谎言的连续剧。

The history of economic is a never-ending series of episodes based on falsehoods and lies.

重要的不是你做对或做错了，而是你做对时赚了多少，做错时亏了多少。

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.

宏观经济机器虽然复杂，但理解它的只有几个简单齿轮：生产率、短期债务周期和长期债务周期。

The economic machine, though complex, is driven by just a few simple gears: productivity, the short-term debt cycle, and the long-term debt cycle.