Technical Analysis is a method used by some to make investment decisions. From Wiki:
A core principle of technical analysis is that a market’s price reflects all relevant information impacting that market. A technical analyst therefore looks at the history of a security or commodity’s trading pattern rather than external drivers such as economic, fundamental and news events.
Or as my financial adviser puts it, “follow the market”.
A key aspect of Technical Analysis is to look for patterns and trends over time. For example, a pattern of higher highs is thought to indicate an upward trend, such as this one:
Conversely, lower lows suggests you’re going to lose heavily betting on that stock.
Using that simple logic, how are your freedoms looking these days?
Taking Australia as our case study, what has the trend been over the last few decades?
In the chronology below, I’ve tried to show key moments for and against individual freedom and liberty, making a purely subjective justification for each item. For example, Responsible Service of Alcohol legislation could be argued as a positive for freedom because it might assist those who don’t want to be beaten up by drunks, but in my view it’s an unnecessary imposition on the rest of us, if only for the additional cost overhead (training, enforcement, regulation, dedicated government departments) applied to our drinks.
Since the 2001 September 11th attacks, you can be detained without trial for 14 days.
The government can keep your “metadata” (I bet nobody knows what that means without searching) and you can have your citizenship revoked, even if you were born here.
You can’t write or publicly speak about an alleged disconnect between the people profiting from Aboriginal grants and employment perks and their ancestry or skin pigmentation.
Your right to employment, travel, entry in to shops and restaurants, and to protest can be revoked immediately without parliamentary debate or approval but on the word of an unelected Chief Medical Officer.
You must take an experimental treatment to remain employed in a huge number of jobs in a wide range of occupations. The source of this may be State government legislation OR private employer mandates, but the freedom to choose has been revoked either way.
On the plus side, Uber rideshares are legal (although you had to bail out the taxi licence speculators).
If freedom was charted, I reckon it’d look something like this:
(That’s Bitcoin for the last month, if you were curious).
You might get some temporary wins, and these should be cheered, but it’s just lipstick on a pig.
We’ve been losing rights and freedoms at an increasing pace for quite some time. It’s an interesting question to ponder; when did it start?
My guess is we were most free probably just prior to the First World War. The government interfered in our lives to such a minimal degree, you could go through a day without interacting with its officers. In fact, a passport with a photo was only introduced by the UK (and by extension, Australia) in 1915.
However, there’s a pragmatic aspect to the answer too; “freedom” isn’t worth much without access to dentistry, penicillin, clean water, power, affordable protein, etc.
It’s just an opinion, but I think the rot set in when the Berlin Wall fell. We bought a lie that we had the best system so what’s the only logical action from that conclusion; MORE of that system. Let it take care of us from cradle to grave.
I hate it.