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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (555874)	3/19/2010 12:21:41 PM
From: TimF	Respond to of 1575420

Socialism, or social democracy, or whatever else you want to call it, doesn't seem to have hurt stockholders overseas too badly. Over the past 10 years, according to MSCI Barra, stock markets across socialized Europe have produced total returns of about 2% a year in U.S. dollar terms, according to MSCI Barra. The countries are not significantly more socialist than they where 10 years ago. Some are less socialist. Your fact would be significant in terms of supporting the idea that socialism is not harmful only if these countries where highly free market 10 years ago and where now largely socialist. Meanwhile, here in the land of the free, investors have made zero. The US has gotten more socialist in terms of how much of the GDP is taken up with government spending, and also in terms of the extent of regulation. Also there is serious talk of greatly expanding the role of government, and stock markets look to the future, not just the current situation. Beyond that 10 years is way to short of period to analyze such things at least if there has not been an extremely dramatic change in what the government does that's large enough to overwhelm the normal business cycle or other normal reasons for multi-year swings in the stock market.