With the coming market decision whether to rally on and confirm Wave 5 up, or do a vicious decline to finish IV down around the 1,740 S&P level, we see how “neoconic forces” have been hard at work setting up another war. This time by starving our North Korea.
That in itself wouldn’t be so bad, if only the Obama administration has not placed increased social spending and embracing “The Immigration Stimulus” at a higher priority level than maintaining military strength and keeping borders around the Homeland. Oh well, I quit politics this week.
Still, the facts do support an elevated risk of war in Korea over the next several months and again, inter-administration political operatives at the State Department seem to have their eyes set on the failed “regime change” concept which has spectacularly failed elsewhere.
So hang on for the ultimate economic stimulus for markets – war mongering – as the legacy of this administration is failing at most other levels…