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's OK.

I include those countries, yes,amongst others. But where do you mean as "real socialism"?

Marx, the original bourgeois socialist, whose blinkered writings underlie the worst genocides in human history.

Its politically convenient convenient for both left and right to over-state the proportion of GDP spent on defence. According to the World Bank, in 2016 the US spent 3.3% of its GDP on defence. Bearing in mind, the US gains back a proportion of its defence expenditure from export sales to other...

But the clues are there written all over history for any peoples faced with the "option" of becoming either Socialist or Communist. Far too many of them ended up communist when they thought they were going to be socialist, run by dictators or dictatorial political bureaux or the ruling party...

I usually risk 2% per trade. My positions are long-term trend-following and usually run for 1-4 weeks I regularly have 5-20 trades open simultaneously. 20 trades might seem a high number but several of these will be pyramid trades on the same forex pair or stock index so my total instruments...

My view is, he's clever, with one important idea to his name, then a massive ego that won't let us forget how - not just clever - but important he is to the entire world. You'd think he'd cured malaria. Tried to read his black swan book but it tells not teaches. As far as trading's concerned...

How does socialism create capital?

Having universal public health and education systems don't make a country a socialist state. Only someone who doesn't live in a socialist state could possibly even consider that. I just go back to the plain truth that capitalism makes money, socialism merely spends it.

It does happen, and it doesn't make trading stocks easier. All you can do as a stock trader is have a stop-loss in place, and hope that occasionally you pick on one of these indications so you can get out quick - or get in quick. I rarely trade stocks, focusing on indices and forex now. Stocks...

The US and the western European states were wealthy before WWII. Finland wasn't however. Finland became wealthy because of Nokia. Maybe we've forgotten how ubiquitous their stuff used to be. http://www.wired.co.uk/article/finland-and-nokia Its always been the case that capitalism creates...

I did think of the Marshal Plan when I posted but where do you suppose that money came from?

The western countries discussed all became wealthy through pure capitalism (and imperialism abroad) - the US did not turn socialist and become rich, it was founded on capitalist ideals with a tightly restricted government and then the people went ahead and made it rich. But likewise the UK, the...

Careful! or I shall be forced to resort to Wikipedia.

The Germany we see today became as wealthy as it is through capitalism. Its' got some stupid socialist policies but so has everywhere in the western world. Doesn't make them socialists and doesn't make socialism a desirable regime to live under. Sweden and the rest became wealthy through...

Its odd (and incorrect) that Americans see western European states (and Sweden) as so socialist and just as bad that Europeans see the US as so capitalist. In reality, they are all a mix of capitalist policies and socialist/democratic policies. In all, the poor get publicly funded healthcare...

How is life better in a socialist state than a communist one? And some examples would be a help. Don;t forget it wasn't just me that said socialism is a milestone on the way to communism, it was Lenin first. Thing is, once you've got socialism you can never get rid of it and you will be subject...

First off, this absolutely wasn't a "normal" market period. Then again, maybe it is indeed simply the extra volatility during the early market. But if you're looking at the half-hour in question, you should really compare with another half-hour period, not the remainder of the day. PS: I've...

Well, full marks for honesty Chris, but I've still go to wonder - why?

But isn't that the point of flash crashes? They are flash crashes and not flash rallies because fear is stronger than greed, at least for that time period?