What Do U.S. Protests Have in Common with Europe’s Disunity?
by Editorial Staff
Updated: June 12, 2020
Negative social mood can divide not only families, streets and communities but entire continents as well. Consider Europe. In 1999, Robert Prechter wrote of the consummation of the European Union and conciliatory displays across the continent in the 1990s:
This multi-year pageant of apology, concession and agreement and the concurrent wonderful atmosphere of international peace and cooperation are consistent with my Elliott wave case that an uptrend of [large] degree is ending.
The Euro Stoxx 50 would record a top the following year, which stands unsurpassed in the two decades since. During its long-term trend toward negative social mood, Europe's once-friendly union has begun to turn into a federation of antagonists.
As negative mood intensified in February and March, tensions between member states swiftly escalated as nations rediscovered their self-interest. Borders closed. Hostilities renewed. Just imagine how the continent will look by the end of its large-degree bear market.
And imagine how your community will look as well. The psychology behind the bear market will test alliances of all sizes. No matter where you live, consider what you would do if the relationships you depend on change for the worse, as social mood grows more negative.
Widespread discord and bear markets go hand in hand
Eruptions of social upheaval leave most people surprised and unprepared. You can be among the few who are ready. Discover how negative social mood riles stock markets, decelerates economies, fractures alliances and turns friends to foes in a cautionary tale from the European Union in the June 2020 issue of The Socionomist, the flagship publication of the Socionomics Premier Membership.
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