Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Sunday, February 10, 2008

VIX UPTREND

Q: If the Volatility Index (VIX) above was a stock, would you buy it?

A: I Would

However, it's not a stock, it's an index that measures investors' anxiety levels as imputed from option prices. Therefore, a rising VIX indicates rising anxiety levels.

If we have a breakout above that triple top, Wall Street will shit a brick.