A look at the economy of the Soviet UnionIt was 98 years that communists randomly drew the borders between Armenia & Azerbaijan (and Georgia and Turkey). And it's still a mess to this day. WW3 soon.
Great time to take a look at the economy of the soviet union. This is a vast subject so I will only cover a tiny fraction of what can be said about it, but I will try to basically cover the general idea.
I will start by a little intro about the early communists/socialists. Not the revolution itself but how it got started after the revolution.
Fun fact: All the early communists that participated in the treaty got executed a few years later by Stalin, just like every single early bolshevik or socialist.
I can't help but laugh, every socialist revolution even thousands of years ago the early ones really think they have a bright future and all end up getting killed.
Yakov Ganetsky the soviet russian ambassador at the time was a famous communist financeer (hey just like George Soros), of course saying he was secrectly financing a socialist revolution was a crazy conspiracy theory until it happened. What is it with these financial people and wishing to dominate entire populations? A crazy conspiracy theory about George Soros: HE SAID, I have it on video, he said that he saw himself as a sort of divine person that had a special mission, a prophet that had to control the world.
So anyway this Yakov that was a financeer of a certain ethnicity which is probably why the subject is avoided by the west so much, got arrested by Stalin in 1937 after the commie police raided his appartement and found communist books that were "not real socialism" (the previous kind of socialism that failed) LOL! So after this he got tortured to confess he was a spy for Germany and Poland because why not, and then after a fair trial that lasted 15 minutes he was sentenced to death and shot the day of his trial. Can't see he didn't have it coming. If he had better predictive abilities than a potato he'd have lived. His wife and son also got shot to death because why not.
Askanaz Mravyan was a soviet armenian minister of foreign affairs that participated in this treaty and I cannot find how he died but he died at 43 in the soviet union while holding some political position.
Basically most to every early communist was killed and every single jewish communist from 1915-1920 got killed by papa Stalin. Then in the 1950s Stalin got paranoid about the jews again and he got poisonned probably by the serial rapist called Beriah, and oh no he put all the jewish doctors aka all the doctors in prison and there was no one around to help him. Karma. Talking about Karma Stalin during his life had bad events happen to him over and over again. The most famous one is when he wife that couldn't stand him just killed herself to make him suffer :)
The most famous revolutionary that got executed story is probably Trotsky, that delusional guy fled to Mexico right? Literally the opposite side of earth.
He criticized Stalin saying Stalin was "not real socialism" and Stalin wrote him out of history books and wanted him dead because Trotskism was "not real socialism".
In a villa with bodyguards etc. He survived 1 raid in 1939 or 1940 whatever I'm just writting this as I go, and then weeks or months later he got attacked again.
And he took an axe to the face. Trostky bodyguards tried beating the assassin to death but he stopped them to look like a good caring person. And then Trotsky slowly died with horrible pain. The murderer got a medla of honor, a few years of jail, and then lived a long and happy life.
I don't know how much of history can be trusted but documents, physical proof, that does not contradict each other, that can be trusted.
Some people did the research and every single name on the communist list got slaughtered.
Every socialist co-conspirator that betrayed and killed Caesar a few months after he limited welfare programs was cut to pieces.
Don't tell me it's a coincidence Caesar that had big support got killed just after reducing the amount of romans on welfare by half.
Just got started on this intro and this is already long. I told you it was impossible to make a full idea.
I am simply going to quote a few numbers about soviet production, the 1920s numbers come from marxists dot org & official soviet numbers, the ones from the second half of the century mostly come from declassified CIA documents.
www.theodora.com
Muh education! If I just find the right mentor I'll be a great profitable trader. Haha. "Education".
So to sum up it sort of always follows the same pattern...
The only countries that really try socialism are countries where money can fall from the sky, countries with natural ressources to sell to others so they can import. They crumble and slowly die over decades. The soviet union lasted 70 years. These guys have huge NatGas & Oil reserves and infinite forests.
Extremely dumb people want socialism in countries where the natural ressource is the population. There are no giant ressources to extract. Socialism there can't last decades. It can last maybe a few weeks. And then you run out of stuff & other people's money (if they had foreign currencies or gold otherwise it will last a few days the time it takes for the country currency to go to zero). Haha.
Venezuela has alot of Oil but it's expensive to extract and didn't work great for them.
Videos of people in Zimbabwe & Venezuela going into euphoria a few years ago are easy to find.
They're not smiling today thought 😬
Oh and today USA & UK socialists are against deforestation. And they are against extracting Oil & Natural Gas. 🙃 It's just beyond...
And 70% of US millenials can't find France or the UK on a map. 11% can't even FIND THE USA!
50% have a positive view of socialism. 20% of young New Yorker think jews perpetrated the holocaust.
There is no word to explain how unbelievably stupid they are.
My imagination itself is not powerful enough to come up with how there can be such immense stupidity to come to those idiotic conclusions.
When I was growing up it did not feel "normal" and I suspected something was wrong. Plebes were getting way dumber at an exponential rate. I was right.
If I keep hitting my head against a wall will I wake up from this dream?
Growth
Don't bet against Elon!A little update/correction, just so You understand what I thought and what I said last year. Bottom line: Elon Musk MUST be right about this. As he is smarter then You, and after all, Tesla is His project, not Yours. First of all, He stated _last year_ that we can expect a 50% growth / year. Represented here by the thick magenta line. (Side note: That was before the virus thing.) Secondly he even tweeted that "price is too high" recently, hence he knows math a little better than the FOMO retail investors (the majority) who jumped in around $750 :D and still wondering what happened and why aren't we at $2000 by now? So just HODL! :D Oh dear! If someone, I'm an Elon fan/follower. Any other real Tesla fans here? I don't see many, as if there were, they would listen to HIM. Try to calculate this difficult math problem :D for me please: $350 + 50% each year from 2019 - 2024. (My previous idea was from $420 -I'm biased). But naaaa, You guys always know better, and hope for more and more and get rich quick... until one day you'll get disappointed and drop out and/or loose. Why is that? Just notice the blue dotted line. That is also a possibility. A good investment from $750 to $751 in about one year, right? That was Your plan? :D Please! At the end of the day (I mean the year), Elon is gonna be right and not You . Either way, if there is high volatility or if there isn't. The former case is the green and red arrows, later case is the blue dotted arrow. OK, just listen to Dave Lee then, (smart, high IQ investor, big Tesla bull I know). He predicts TSLA around $2000 in 2024 (BTW, I predicted $2600-$3000 for 2024, but don't listen to me, I'm a biased delusional fanboy). You know, that is a year 2024, anyone able to count to 4 (years ahead) or just blindly repeats some phrases heard on TV/youtube without context and any real time frames understood? Long story short? Tesla is a great car, a great company, and no, You are NOT gonna get rich fast! Mark my words.
EURNZD WYCKOFF SCHEMATICS EXAMPLEHello traders,
we would like to share some value knowledge, about structure based mostly on Wyckoff schematics. As an example u have marked up few areas identify by us on multiple TF to help u deeper understanding about markets and printed structure itself. Please, scroll up chart to see multiple examples of accumulation and distribution schematics. Hopefully this will help u get some breakthrough in your trading journey.
God bless u all.