Rick Santelli recently unleashed [6] his own brand of truthiness on an unsuspecting CNBC audience, that, just like in China, "the central planners are in control" in Japan, Europe, and most of all America. As part of the 3 minutes of lack-of-free-market despair, Santelli drew what we called "the chart of the year." By popular request, it is reproduced below...
The world has change through time...
[7]
Source: @Not_Jim_Cramer
As one bright trader (@Chart_Gazer) noted:
1. Capitalism
2. Socialism
3. Communism
So the next time someone throws the "free-market capitalism" bull$hit around, show them this chart and ask them how the US (and European, and Japanese, and Chinese) markets are any different from (3).
