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Stock impact report

The West's Descent Into 'Cultural Revolution' [zero hedge]

New York Times Company (The) (NYT) 
Last new york times company (the) earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: zero hedge
Authored by Charles Hugh Smith via OfTwoMinds blog,The goal of the Cultural Revolution isn't to persuade, it's to enforce compliance.A Cultural Revolution is a movement designed to preserve the political and financial power of a ruling elite by social rather than political or financial means. Thus the primary tools of a Cultural Revolution are not redistributing power via elections (politics) or financial reforms; the primary tools are public shaming and denouncements, purges of those in positions of authority, show trials, guilt-by-association, wholesale denouncements of entire classes and widespread accusations of anti-progressive ("counter-revolutionary") tendencies in which guilt is defined by all-or-nothing litmus tests of one's loyalties to the Cultural Revolution's strict ideology.You haven't memorized Mao's Little Red Book? Off to re-education camp you go. Or house arrest, banishment, beatings, imprisonment or if the mob's blood lust demands it, execution.The key dynamic of a Show less Read more
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