Black Monday

[Blue Skies]

The language of hate which is prevalent under Trump and in Brexit has ramifications. Trump has demonised government agencies. The tax chief in the UK (civil servant - not a partisan politician) has received death threats for daring to publish the anticipated costs of Brexit. Under this hostile enironment if someone does something that appears not to blindly support the same policies, they are increasingly demonised.

https://www.theguardian.com/politics...-cost-estimate

Sorry this a bit off topic but remember when TV first came in & later the internet, they were heralded as this incredible opportunity for the democratisation of information, everyone would have access to previously 'rationed' knowledge & education. Hasn't quite worked out like that with esp social media having unintended consequences. I see Tim B-L inventor of the internet says there's 3 things needed to save it. 1) Regain control of personal data 2) It's too easy for misinformation to spread, 3) political advertising online has become so sophisticated we need greater transparency & understanding, & is working on a new model.

[skid]

Not sure what is "limp wristed liberals" but there are many kinds of liberalism:

A supporter of liberalism, a political philosophy founded on ideas of liberty and equality

• Classical liberalism, a political or social philosophy advocating the freedom of the individual, parliamentary systems of government, nonviolent modification of political, social, or economic institutions to assure unrestricted development in all spheres of human endeavor, and governmental guarantees of individual rights and civil liberties
• Conservative liberalism, a variant of liberalism, combining liberal values and policies with conservative stances, or, more simply, representing the right-wing of the liberal movement
• Economic liberalism, the ideological belief in organizing the economy on individualist lines, such that the greatest possible number of economic decisions are made by private individuals and not by collective institutions
• Social liberalism, the belief that liberalism should include social justice and that the legitimate role of the state includes addressing issues such as unemployment, health care, education, and the expansion of civil rights

To which kind do you object?

Or just the kind of liberalism that thinks there must be a better way of looking at the world rather than crass slanders,winning and losing, and two dimensional thinking?----(what in the world are they doing in New Zealand?)

[Biscuit]

Or just the kind of liberalism that thinks there must be a better way of looking at the world rather than crass slanders,winning and losing, and two dimensional thinking?----(what in the world are they doing in New Zealand?)

Yes, liberalism is primarily about respecting individuals and resolving issues co-cooperatively rather than by applying power. Considering New Zealand's relative lack of power internationally, it's hard to understand any New Zealander applauding any shift away from liberalism.

[Blue Horseshoe]

It's been a black day on the Black Monday thread

[Biscuit]

It's been a black day on the Black Monday thread

on the other-hand, the market has had a pretty good day - calm before the storm?

[Beagle]

Feeling exhausted, deflated and wrung out...cheer up you're not the only one. By any account its been a very tough week for a lot of people.
http://www.sharechat.co.nz/article/8...ounce-backhtml
NZX50 index down 4.1% for the week wiping out nearly half the whole years gain in one week but cheer up again, we have one of the very best performing markets in Asia and almost the best yield as well.

I'm going to make sure I stay well hydrated this weekend as I have a lot of wounds to lick and I don't want to run out of saliva.

[Tomtom]

It doesn't requires nerve or guile to sail gentle seas. It's great storms and the fear they create that leave opportunity in their wake.

[blackcap]

It doesn't requires nerve or guile to sail gentle seas. It's great storms and the fear they create that leave opportunity in their wake.

As I type, Dow Futures up 480 and Nasdaq up 175. What were people worried about.

[Beagle]

As I type, Dow Futures up 480 and Nasdaq up 175. What were people worried about.

OPh...I don't know...the possibility the Dow might have dropped another 2,000 in a single day ?

[Justin]

ppl start cheer up and celebrate everything rebound where is the crisis