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Andrew Anglin
Daily Stormer
January 18, 2017
Individualism and democracy are necessary to maintain the concept of limitless consumerism and capitalism.
If you have collectivism and populism, then people start asking “but what is the meaning of life? do we truly exist simply to serve the economy?”
RT:
Ray Dalio, the founder and co-chief investment officer of Bridgewater Associates, often referred to as the world’s largest hedge fund, says rising populism in developed countries has a greater effect on markets than central banks.
“Populism scares me. I want to be loud and clear — populism scares me. It is the extremes,” said Dalio at Bloomberg’s panel at the World Economic Forum in Davos. Bridgewater Associates oversees $150 billion in assets, making it the largest known hedge fund.
“Populism is not just the belief that there is a wealth gap… But it’s also a sense that they don’t represent me. It’s a matter of nationalism; it’s a matter of getting greater control. It’s a matter of increased polarity – the left becomes more left, the right becomes more right – and that particular dynamic, I would say that this is the first year where populism is the most important issue globally,” he said.
“I would say before it used to be central banks, central banks don’t matter as much, now the number one issue economically – and as a market participant – is how populism manifests itself over the next year or two,” Dalio added.
Dalio mentioned Huey Long, the Louisiana populist who was assassinated after announcing a run for president in 1935. Long favored wealth redistribution. He also acknowledged “the world’s wealth gap is the highest since the 1930s.”
“In the 1930s every government that existed practically was populist. So populism by definition is nationalist and protectionist. And it’s also a matter of values. There is a sense of threat; my country is losing its values to internationalism,” he said.
“We may be at a point where globalization is ending, and provincialization and nationalization are taking hold,” Dalio added.
Savor that flavor.
The people are back.
And we are declaring that we do not exist to produce and consume. We have greater purpose to our existence. And we are going to pursue that purpose instead of the economic purpose that the Jews have declared for us.
The linking in America or “conservative values” with economic liberalism was a neat trick, but it’s over now. No one cares about economic liberalism anymore. I’m not sure that they ever did, they just went along with it because the Republican party tied it to Christian morals.
Now we have traditional values tied to nationalism. And there is no going back from that.
