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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (18792)5/1/2015 11:55:46 PM
From: humble1  Respond to of 41120
 
hawkmoon: what you say makes historical sense. it is not easy to hop between the time frames without slipping and falling.

but the 1% thingy can go on for a very long time, as long as bread and circuses are abundant. the 1789 french revolution was probably caused by "the little ice age" and the food production decline. thus the "let them eat cake" attributed to wrongly maligned marie antionette. the 1917 russian revolution was another deprived peasantry revolution which was caused by already scarce resources devoted to the war.

there will always be peasants. our peasants are well treated, though they may not believe it. yes, they come out on the streets once in a while, but pretty soon they get tired and go back to their sports shows and trashy sitcoms, beamed into their abodes, and devour a bag of mcdonald's and/or a bucket of the colonel's fried chicken and biscuits, or ingest the latest street drugs. i know this sounds harsh and sad and eltist. it probably is but it may also be reality. our peasants have bread and circuses in abundance.

now your war thing: that's the black swan. i don't see anything but regional conflicts (fingers crossed about the mushroom thingy) on the horizon. india and pakistan may destroy each other and asia may blow up and the mideast, too. hopefully not! but, still, the 1% will not just survive but prevail.

my answer: be in the 1%.



To: Hawkmoon who wrote (18792)5/2/2015 10:06:42 AM
From: robert b furman  Read Replies (1) | Respond to of 41120
 
I wonder if the jealousy about the 1% isn't just the historical norm.

William Hearst JP Morgan,The Vander Bilts- they all had wealth in a relative way that blew every one elses wealth/accumulation of things.

I've always thought of it as inspirational.

The fact that a geeky kid like Bill Gates made it in my lifetime is encouraging the system is still working.

Poor people rioting in cities are those who chose not to pursue excellence.

In GM if you were black and educated -you were on the fast track.

The highest potential for a fast track career is for a black or any recognized minority person to keep their nose clean - get an education (of which scholarships abound (Negro College fund for example)) and interview with major corporations who have EEO / HR goals.

A little tough love is in order IMO

Bob