Reading Ahmandinejad’s “intense and rambling” letter to the U.S. president, one might wonder how he got to be president. The answer is that Ahmandinejad is skilled at the politics of a bear market. Consider the following negative mood traits, which are listed as common bear market attributes in The Wave Principle of Human Social Behavior:
Desiring power over people
Go back and examine Ahmandinejad’s public statements over the last few months and you will see that his pronouncements, which range from advocating the destruction of Israel to threatening to “ravage U.S. global interests,” are crafted to appeal to all of these characteristics. The U.S. is a great target for Ahmandinejad because, after 200 years of rising trend, it is a representation of the opposite side of each of these characteristics. HSB lists the countervaling bullish sides of the traits listed above as :
Desiring of power over nature
Consider the following comment from his recent letter to Bush: “Liberalism and Western style democracy have not been able to help realize the ideals of humanity. Today these two concepts have failed. Those with insight can already hear the sounds of the shattering and fall of the ideology and thoughts of the liberal democratic systems." This from a man who is himself an elected leader. As HSB explains (see Additional References for the chart and full discussion) liberal democracy is a bull market result: “As social mood becomes more positive, more territory moves from dictatorship to representative government.” The reason Ahmandinejad is getting the “rock star” treatment in Indonesia is that he is so willing to push the bear market buttons of an agitated populace. These bear market impulses are growing strong, not just in Iran but all over the world.
Another bear market attribute is Ahmandinejad's "spiritual" approach to politics. HSB notes, "A falling mood brings religious animosity." Not since Ayatollah Khomeini confronted the U.S. at the end of the last major bear market in 1980, has a foreign leader engendered so much fervent hostility toward the U.S. According to multiple reports, Ahmadinejad believes, "The ultimate promise of all Divine religions will be fulfilled with the emergence of a perfect human being, the 12th Imam, who is heir to all prophets.” The Imam's return will be preceded “by cosmic chaos, war, bloodshed and pestilence. After this cataclysmic confrontation between the forces of good and evil, the Mahdi will lead the world to an era of universal peace.” And people say EWI is bearish.