Best of the Week
Most Popular
1.US Paving the Way for Massive First Strike on North Korea Nuclear and Missile Infrastructure - Nadeem_Walayat
2.Trump Reset: US War With China, North Korea Nuclear Flashpoint - Video - Nadeem_Walayat
3.Silver Junior Mining Stocks 2017 Q2 Fundamentals - Zeal_LLC
4.Soaring Inflation Plunges UK Economy Into Stagflation, Triggers Government Pay Cap Panic! - Nadeem_Walayat
5.The Bitcoin Blueprint To Your Financial Freedom - Sean Keyes
6.North Korea 'Begging for War', 'Enough is Enough', is a US Nuclear Strike Imminent? - Nadeem_Walayat
7.Bitcoin Hits All-Time High and Smashes Through $5,000 As Gold Shows Continued Strength - Jeff_Berwick
8.2017 is NOT "Just Another Year" for the Stock Market: Here's Why - EWI
9.Gold : The Anatomy of the Bottoming Process - Rambus_Chartology
10.Bitcoin Falls 20% as Mobius and Chinese Regulators Warn - GoldCore
Last 7 days
History Says Global Debt Levels Will Lead to Another Crisis - 18th Oct 17
Deflation Basics Series: The Quantity Theory of Money - 18th Oct 17
Attractive European Countries for Foreign Investors - 18th Oct 17
Financial Transcription Services – What investors should know about them - 18th Oct 17
Brexit UK Vulnerable As Gold Bar Exports Distort UK Trade Figures - 18th Oct 17
Surge in UK Race Hate Crimes, Micro-Racism, Sheffield, Millhouses Park, Black on Asian - 18th Oct 17
Comfortably Numb: Surviving the Assault on Silver - 17th Oct 17
Are Amey Street Tree Felling's Devaluing Sheffield House Prices? - 17th Oct 17
12 Real-Life Techniques That Will Make You a Better Trader Now - 17th Oct 17
Warren Buffett Predicting Dow One Million - Being Bold Or Overly Cautious? - 17th Oct 17
Globalization is Poverty - 17th Oct 17
Boomers Are Not Saving Enough for Retirement, Neither Is the Government - 16th Oct 17
Stock Market Trading Dow Theory - 16th Oct 17
Stocks Slightly Higher as They Set New Record Highs - 16th Oct 17
Why is Big Data is so Important for Casino Player Acquisition and Retention - 16th Oct 17
How Investors Can Play The Bitcoin Boom - 16th Oct 17
Who Will Be the Next Fed Chief - And Why It Matters  - 16th Oct 17
Stock Market Only Minor Top Ahead - 16th Oct 17
Precious Metals Sector is on Major Buy Signal - 16th Oct 17
Really Bad Ideas - The Fed Should Have And Defend An Inflation Target - 16th Oct 17
The Bullish Chartology for Gold - 15th Oct 17
Wikileaks Mocking US Government Over Bitcoin Shows Why There Is No Stopping Bitcoin - 15th Oct 17
How to Wipe Out Puerto Rico's Debt Without Hurting Bondholders - 15th Oct 17
Gold And Silver – Think Prices Are Manipulated? Look In The Mirror! - 15th Oct 17
Q4 Pivot View for Stocks and Gold - 14th Oct 17
Gold Mining Stocks Q3’17 Preview - 14th Oct 17
U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold - 14th Oct 17
Yuan and Gold - 14th Oct 17
Tips for Avoiding a Debt Meltdown - 14th Oct 17
Bitcoin Hits New All-Time High Above $5,000 As Lagarde Concedes Defeat and Jamie Demon Shuts Up - 13th Oct 17
Golden Age for GOLD, Dark Age for the Stock Market - 13th Oct 17
The Struggle for Bolivia Is About to Begin - 13th Oct 17
3 Reasons to Take Your Invoicing Process Mobile - 13th Oct 17
What Happens When Amey Fells All of a Streets Trees (Sheffield Tree Fellings) - Video - 13th Oct 17
Stock Market Charts Show Smart Money And Dumb Money Are Moving In Opposite Directions—Here’s Why - 12th Oct 17
Your Pension Is a Lie: There’s $210 Trillion of Liabilities Our Government Can’t Fulfill - 12th Oct 17
Two Highly Recommended Books from Bob Prechter - 12th Oct 17

Market Oracle FREE Newsletter

3 Videos + 8 Charts = Opportunities You Need to See - Free

The Cancer of Socialism Infecting the United States

Politics / Economic Theory Apr 17, 2011 - 07:22 AM GMT

By: Nadeem_Walayat

Politics

The following text is excerpted form the NEW The Stocks Stealth Bull Market Update 2011 70 page ebook is available for FREE Download. Chronic economic under performance by much of Europe as most notably illustrated by the bankrupting PIIGS is as a consequence of socialism, where the greater the degrees of socialism implemented the greater the economic under performance observed, where governments rely upon unsustainable inflationary deficit spending, money printing to give the illusion of temporary prosperity as a consequence of socialist policies that always eventually bankrupt economies.


in Britain the new Tory led coalition government is attempting to cut out the cancer of socialism through means of deep spending cuts and tax rises, but the socialism cancer spread for Britain may already have become terminal.

Unfortunately the United states during the past 10 years has increasingly accelerated along the socialist route for not only the masses but the super rich as well in the form of a series of bankster bailouts known as TARP and QE.

Socialism is KILLING the work ethic, it destroys capitalism driven competition that generates economic growth, it turns workers into lazy benefit claimers, people who are not willing to work for the market driven wage but for some fantasy land pay figure that the market will not bear, thus artificially high unemployment rules where just as is the case in the UK large swathes of housing estates full of those immersed in the benefits culture and who over time lose the ability to work but instead proceed to suck productive life blood of the economy, as those that work are forced to increasingly pay ever higher taxes for those that either choose not to work or are employed in mostly un productive debt fuelled government work programme's.

Meanwhile the lack of socialism in of all places such as communist China where capitalism driven competition is generating growth of 10% per annum.

The welfare / benefit states need to be cut back drastically else Britain and the US will soon be where the European Bankrupting PIIGS are today.

Have we learned nothing from the soviet experience of socialism ?
Where the shops were near always empty with long queues and workers worked for worthless fiat currency, producing goods no one wanted to buy under government supply dictats.

Socialism is just as dangerous as any other religion (with their self filling armageddon prophecies) that will destroy societies that it professes to save and therefore just as religions have been banned from the interfering in the governance of secular western societies (that many Muslim countries are only now starting realise), then so should the religion of socialism be banned before it destroys said societies.

To save countries such as the United States and Britain from terminal ACCELERATING decline we need to promote competition driven capitalism, which means promoting the work ethic, savings and entrepreneurship in the general population and limit the size and scope of government, else ever escalating socialist debt will ensure that we will become just the latest to join a long list of banana republics,  to whom no one in the world will want to listen to what we once were, rather look down upon us at what we have let ourselves become, fat, lazy, good for nothing benefit scroungers looking for economic scraps thrown to us in the form of foreign aid from the new economic super powers in predominantly the east.

The ebook follows on from the 3rd of April 2011 publication of key analysis and concluding trend forecast for the DJIA stock index for 2011 (Stocks Stealth Bull Market Trend Forecast 2011), that includes the full detailed analysis and additional trend forecasts for the following major world stock market indices : UK FTSE100, China SSEC, India BSE and Russia RTSI.

Download Now- The Interest Rate Mega-Trend Ebook (PDF 2.8meg), the only requirement is a valid email address.

                         CONTENTS

   
  Introduction
1
   
     Why a Stocks Stealth Bull Market?
2
     2009 - Birth of the Stocks Stealth Bull Market
2
     2010 - Bull Market Consolidates and Targets 12,000
9
     Bear Market Rally Mantra Repeatedly Busted
13
     The Head and Shoulders Propaganda Pattern
14
     Hindenberg Crash Omen Proved to be the Summers      Best Contrary Indicator!
15
     Economy & Inflation Conclusions Applied to the      Stock Market
16
     Stock Market Mega-Inflationary Trend
18
     Rising Interest Rates Implications for the Stock      Market
19
     Black Swan Events - Japanese Tsunami and Nuclear      Meltdown
26
     Crude Oil Price Impact on Stock Market Trends
30
     The Copper Price and the Stock Market Trend
32
     Stock Market Manipulation
33
     Current Stock Market Sentiment & Psychology
34
     Quantitative Easing AKA Money Printing
35
     U.S. Dollar and Stock Market Trend Relationship,      Currency and Real Wars
37
     Stocks Stealth Bull Market Elliott Wave Analysis
40
     Stock Market Technical Analysis
44
     Formulating a Stock Market Conclusion for 2011
47
     STOCK MARKET FORECAST 2011 FINAL      CONCLUSION
49
     Risks to the Forecast
50
     The SHOCK MARKET BUBBLE
50
     The Stocks Stealth Bull Market Mega-trend 50
     FTSE 100 Stocks Index Forecast 2011 51
     Emerging Markets Outlook 2011 52
     CHINA 54
     INDIA 57
     RUSSIA 59

Recap of Stock Market Trend Forecast for 2010 - 02 Feb 2010 - Stocks Stealth Bull Market Trend Forecast For 2010

Dow 10,067 - Stocks Multi-year Bull Market that bottomed in March 2009 will trend Sideways during first half of 2010 attempting to break higher. The second half will see a strong rally to above 12,000 targeting 12,500 during late 2010.

DOW Stock Market Forecast 2010

Source and Comments: http://www.marketoracle.co.uk/Article27602.html

Your motivated by outrage analyst.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2011 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of three ebook's - The Inflation Mega-Trend; The Interest Rate Mega-Trend and The Stocks Stealth Bull Market Update 2011 that can be downloaded for Free.

Stocks Stealth Bull Market Ebook DownloadThe Interest Rate Mega-Trend Ebook DownloadThe Inflation Mega-Trend Ebook Download

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife