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Pop Trends, Price Culture

What Makes Mortal Enemies Make Nice?

Updated: July 17, 2015

To "demonize the enemy" is a staple of war propaganda. But, you don't need a war to call your enemy demonic. Case in point, the United States and Iran for the past 35 years -- as in, "The Great Satan" vs. "The Axis of Evil." Each country really did use language that describes a mortal foe. So what on earth explains recent news of these two enemies shaking hands over a comprehensive nuclear agreement? This week's Pop Trends, Price Culture explains the otherwise inexplicable answer.

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Pop Trends, Price Culture

Pop Trends, Price Culture is the podcast with strong opinions and strong language about the intersection of psychology and markets. You can download or listen online (it's free). Host Robert Folsom presents real people and real stories with as they meet in the crossroads of mood and markets.

Robert Folsom has covered politics, popular culture, economics and the financial markets for more than 25 years, via print, radio, video and digital content. Robert has served as a writer and editor with Elliott Wave International since 1992. From 2000 to 2007, his 5-day per week blog on built an investor readership of some 70,000, who read Robert's unique perspective on everything from media follies to mass psychology to under-reported facts about investing.