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.

Monday, May 20, 2013

Supernova

You can tell I am somewhat superstitious and always looking for some arcane sign of the 'top'.

For example the S&P closing at 1666.

Or solar stocks going supernova...

One stock I would actually buy if it wasn't being inflated by speculators trading on the :15 minute boundary (and I wasn't expecting the overall market to collapse):

Solar City finance and install solar panels for personal residences. Instead of paying the utility, you instead pay a monthly fee to Solar City, which is commensurate with the utility bill. Here it is up a mere 550% in six months:

Sunpower, up 475%:

Canadian Solar - up a mere 350%:

Here again is my favourite 'solar stock' - the land of the setting sun's Nikkei - tacking on another wafer thin mint 1.5% overnight. Nothing phony about this rally:

And clearly no sign of 'froth' in these markets...