Actions Have Consequences
From the Desk of Don Yocham: |
| | | | | | | | | | | | | 2011: The Year that everything changed.As Winter approached on the Eve of 2011, a young Tunisian set himself on fire.
He had had it with police corruption and no opportunities to work. He wasn’t the first of his fellow citizens to choose self-immolation. But it was his most desperate act that sparked a series of revolutions across the Middle East and northern Africa. After three weeks of street protests in Egypt, Hosni Mubarak was forced out of power.
In the Spring, mostly young adults took to the streets of Spain to demand an end to the old government and replace it with, well…nothing.
When Summer finally came ‘round, the London Riots raged for 5 days. The object here being free stuff.
And by Fall, we had Occupy Wall Street here in the good ‘ole USA which yielded today’s cliches of “99%” and the “1%.”
What do these protests, riots, and tent cities have in common? Seemingly nothing.
But I’d say everything.
Because while each movement had vastly different goals, the movements themselves were but effects that sprung from the same cause…
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| P.S. Tomorrow at 3pm, I'm doing a live primer on Options Greeks for my 21st Century Wealth Society members. It's not too late to join us. And when you do, you can attend the primer and start getting the trades that have allowed us to tap into the market's quick up and down moves. |
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2011: The Year that everything changed. As Winter approached on the Eve of 2011, a young Tunisian set himself on fire. He had had it with police corruption and no opportunities to work. He wasn’t the first of his fellow citizens to choose self-immolation. But it was his most desperate act that sparked a series of revolutions across the Middle East and northern Africa. After three weeks of street protests in Egypt, Hosni Mubarak was forced out of power. In the Spring, mostly young adults took to the streets of Spain to demand an end to the old government and replace it with, well…nothing. When Summer finally came ‘round, the London Riots raged for 5 days. The object here being free stuff. And by Fall, we had Occupy Wall Street here in the good ‘ole USA which yielded today’s cliches of “99%” and the “1%.” What do these protests, riots, and tent cities have in common? Seemingly nothing. But I’d say everything. Because while each movement had vastly different goals, the movements themselves were but effects that sprung from the same cause… P.S. Tomorrow at 3pm, I'm doing a live primer on Options Greeks for my 21st Century Wealth Society members. It's not too late to join us. And when you do, you can attend the primer and start getting the trades that have allowed us to tap into the market's quick up and down moves. |
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