In this episode Alan Hall explains how factionalism and authoritarianism always increase during the negative move of bear markets. As people become more fearful they look to leaders who will protect them and gladly accept greater limits to their freedoms. Alan’s in-depth socionomics study on authoritarianism shows a revealing correlation between bear markets and authoritarian tendencies. It turns out that fear itself is something to be very afraid of.
You can read Alan’s study on authoritarianism here:
http://www.socionomics.net/PDF/Authoritarianism-Free-Update.pdf
You can find out more about socionomics at http://www.socionomics.net.
NOTE: Remember to tune into the Optimistic Bear weekly financial round-up every Tuesday at 9:00pm, Pacific Time. You can also listen to previous shows.
22 December 2010
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