XSO 1.21% 3,169.6 s&p/asx small ordinaries

It's been hard not to see recent world political events in terms...

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    It's been hard not to see recent world political events in terms of personalities, but is that what really happened in the USA in 2016? Populism sounds like it might mean electing a leader based on shallow considerations of popularity, but it actually means "a political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups."

    If ordinary people continue to feel that their concerns are disregarded, and why wouldn't they, then populism and/or volatility is the future. My guess is that the politics of fear and/or distraction and/or oppression (perpetrators may be defined to taste) will continue in turmoil against the inexorable pressures of disenfranchisement and unsustainable debt among the masses.

    I see currency resets worldwide as the bare minimum of disruption in store. However, the great crisis threatening in my mind is a collapse of equitable law and order. Taking just one example, the USA voting system seems (to me) so notoriously dysfunctional, in spite of the ready availability of digital-age fixes, that if the USA doesn't do something soon - very soon - it will cease to be even nominally democratic and coherent. I see the real division as not across political aisles, but moral ones. The paralysing congressional gridlocks that have been happening, have, I believe, been on that basis, not on party lines. They've affected us all here.

    In my opinion, our stocks and indices outlooks depend on those gridlocks softening, which I'd only expect to happen after an incremental shift towards either more corruption, or greater esteem for law and enforcement. The crisis could well be developing now, given the equivocal and disputed balance of power in the USA, but who knows. My wild guess is that community trust in law and order processes is about to be tested as seldom before.

    Pardon me if this is considered off-topic. Most posts here seem to be oriented around technical analysis, which interests me, but vicariously. I hope that what I'm saying helps a bit by feeding into forecast thinking.






 
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