HFT is Programmed for Disaster
Today was the release of Michael Lewis' new book "Flash Boys" about the rise of High Frequency Trading. To celebrate the occasion, the FBI opened an investigation into this industry, only about several years too late. Everyone has their own spin on this narrative, however, as usual, greed is at the root cause of this entire fiasco. When all of the stock and commodity exchanges themselves were IPO'd in the past decade and became publicly traded companies, then BIG SURPRISE, these exchanges morphed into for-profit casinos and went to work monetizing their customers at all costs. Shocking I know. The Business of Business is Profit...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, March 31, 2014
Sunday, March 30, 2014
The Business of America is Business
An extraordinarily expensive post-secondary educational system that doesn't educate
An extraordinarily expensive healthcare system that doesn't make people healthy
An obscenely expensive Military Industrial Complex that can't win wars
I'm seeing a pattern here...
Saturday, March 29, 2014
Preparing for the "1929 Can't Happen Again" Crash
Only the Soylent Idiocracy would "believe" that something that's already happening in real time, can't happen. Income inequality was outsourced back to 1929 levels right in front of their fucking eyes and they did nothing about it, so ignoring signs of the resulting market crash should take no more effort than tuning in to ESPN or the Kardashians.
All we're doing now is standing around waiting for the Dow worshippers to realize that they bought into a Ponzi Scheme built upon a hollowed out economy. "The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or a bankrupt idiot after the peak" (a serious dilemma, indeed).
Of course a surprise panic collapse would by no means be possible were it not for a society of self-absorbed zombies who inherently assume that borrowing from Third World factory slaves will continue forever...
All we're doing now is standing around waiting for the Dow worshippers to realize that they bought into a Ponzi Scheme built upon a hollowed out economy. "The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or a bankrupt idiot after the peak" (a serious dilemma, indeed).
Friday, March 28, 2014
Thursday, March 27, 2014
Rearranging Deck Chairs on the Titanic
Today's "Elites" Are Getting Desperate
Things are spinning out of control for the global elites running this circus.
These pampered pretenders don't have ANY capacity to face reality or adversity, so like human call options many of them will just expire worthless...
These pampered pretenders don't have ANY capacity to face reality or adversity, so like human call options many of them will just expire worthless...
Saturday, March 22, 2014
Soylent Idiocracy
Euthanizing the Masses with Spectacle
Keeping up with the Dow Joneses, the Kardashians, and all things fake has exacted a heavy toll on the Idiocracy. Real adversity hasn't even begun yet for the yuppy-class, but the zombified masses are already burned out on their all-consuming rat race to nowhere.
For all 50 or so of us realists, it's been an excruciating five year horror show, watching the exact same frat boys who fucked things up the last time, "fix" the problem by applying 25x more of their econo-dunce alchemy. We'll never get that time back...
Keeping up with the Dow Joneses, the Kardashians, and all things fake has exacted a heavy toll on the Idiocracy. Real adversity hasn't even begun yet for the yuppy-class, but the zombified masses are already burned out on their all-consuming rat race to nowhere.
For all 50 or so of us realists, it's been an excruciating five year horror show, watching the exact same frat boys who fucked things up the last time, "fix" the problem by applying 25x more of their econo-dunce alchemy. We'll never get that time back...
Friday, March 21, 2014
A Stealth Collapse In Broad Daylight
No, they never learn
It took four years, but eventually the degenerate gamblers at large who have the attention span of a coked up flea, finally forgot the pain of 2000 and 2008 and piled back into stocks one more time. Some people just never learn, so once again, they're ALL IN, double or dog food, while Wall Street makes its way out the back door.
This will be a stealth collapse in broad daylight, since the Idiocracy would never presume that printing money and borrowing to oblivion could end badly...
It took four years, but eventually the degenerate gamblers at large who have the attention span of a coked up flea, finally forgot the pain of 2000 and 2008 and piled back into stocks one more time. Some people just never learn, so once again, they're ALL IN, double or dog food, while Wall Street makes its way out the back door.
This will be a stealth collapse in broad daylight, since the Idiocracy would never presume that printing money and borrowing to oblivion could end badly...
Thursday, March 20, 2014
The Last Empire: Protecting the Ponzi Scheme
No one trusts the U.S. government. Even Americans don't trust the U.S. government.
The darkest form of evil always comes falsely packaged as something "good"...
The darkest form of evil always comes falsely packaged as something "good"...
Monday, March 17, 2014
Ponzinomics: The Lessons Learned
Nine out of ten people arrive at my blog by accident, either googling "BTFATH" or searching for Chinese internet stocks. The majority of those people shit their pants and head straight back to the Wall Street Journal.
The other ~five of you searched for "the world economy is a ponzi scheme" and landed here for a reason. I know, I see it in my blog's dashboard. One guy recently googled "fuck this globalized ponzi scheme"...AWESOME.
The other ~five of you searched for "the world economy is a ponzi scheme" and landed here for a reason. I know, I see it in my blog's dashboard. One guy recently googled "fuck this globalized ponzi scheme"...AWESOME.
Sunday, March 16, 2014
Globalization: The Largest Bubble In Human History
When Bernankenstein & Co. were running to and fro after Lehman trying to put Humpty Dumpty together again, apparently it never occurred to those geniuses that they were not addressing the real problem, they were only addressing the symptom of the problem. Subprime, McMansions and 1% "Patriot Loans" were only props to keep the Globalization bubble inflated for a few...years...longer...Therefore, by saving the status quo, all they did was give the stoned masses a longer rope to wrap around their neck...
Saturday, March 15, 2014
Nothing Matters While It Collapses
The title of this post used to be "Nothing Matters Until It Collapses". However, I had to change it to the above, since collapse in broad daylight is already well underway...
Thursday, March 13, 2014
The "Fuck You Jack, I'm Ok" Historical Experiment Is Self-Imploding
Global Wealth Has Never Been Higher and Yet We Already Live in a Refugee Camp
The de facto moral collapse already occurred in broad daylight between episodes of American Idolatry and the Kardashians. Economic collapse is WELL advanced, minimally disguised by Wizard-of-Oz style smoke and mirrors. Financial collapse began in 2008, yet was interrupted by global Central Banks on behalf of billionaires and Baby Boomers. They "saved" the system by adding 25x more speculative leverage. And in keeping with the moral collapse theme, they enforced no accountability hence leaving the exact same sociopaths ensconced on Wall Street. For a morally decayed society that gambles in the same casino that already robbed them twice, and that otherwise believes money printing is the secret to effortless wealth - final collapse can't come any other way than by total surprise...
There is No Need to Predict What Is Going to Happen When It Largely Already Happened
The de facto moral collapse already occurred in broad daylight between episodes of American Idolatry and the Kardashians. Economic collapse is WELL advanced, minimally disguised by Wizard-of-Oz style smoke and mirrors. Financial collapse began in 2008, yet was interrupted by global Central Banks on behalf of billionaires and Baby Boomers. They "saved" the system by adding 25x more speculative leverage. And in keeping with the moral collapse theme, they enforced no accountability hence leaving the exact same sociopaths ensconced on Wall Street. For a morally decayed society that gambles in the same casino that already robbed them twice, and that otherwise believes money printing is the secret to effortless wealth - final collapse can't come any other way than by total surprise...
There is No Need to Predict What Is Going to Happen When It Largely Already Happened
Wednesday, March 12, 2014
When A Butterfly Flaps Its Wings In The Ukraine
The Global Bank of Ponzi Doesn't Accept Withdrawals from Any Branches
I was thinking about investing massively in the Ukraine,
I was thinking about investing massively in the Ukraine,
Then I realized, I already am...
Friday, March 7, 2014
Double or Dog Food: ALL IN @Dow Casino (Yes, again)
I have come to realize that my thesis regarding the stock market is flawed - because people are not as oblivious to the insane risks as they desperately pretend to be. Most people playing the stock market right now know that it's a long shot. They know they've been burned before. However, unfortunately, they've been conned by their investment advisors and Wall Street into believing that it's the only way they can retire.
So really, today's investors are nothing more than compulsive gamblers, playing the market like it's a lottery - all in, double or dog food...meanwhile the Wall Street croupiers laugh while they sweep the influx of dumb money straight into offshore bank accounts...
Thursday, March 6, 2014
Lucky 666: Beyond the Log Periodic Bubble
Today is 5 years to the day since the 2009 low in the S&P 500
The S&P is now beyond the log periodic bubble, which in Idiocratic terms means the "coast is clear". Please resume all oblivious risk taking...
The S&P is now beyond the log periodic bubble, which in Idiocratic terms means the "coast is clear". Please resume all oblivious risk taking...
Tuesday, March 4, 2014
The Dying Age of Billionaires and Buffoons
This week marks the fifth year anniversary of the 2009 stock market low. March 6th is the day when Wall Street's benchmark S&P made its sinister 666 low. During the past five years, risks have grown steadily with each and every Dow point higher and are now historically unprecedented. 2008 was the wake up call - the Piper demanded to be paid. But the village idiots were not willing to end their ludicrous profligacy, so they offered up their children's future for a few more years of partying...At this late stage, either the miniscule handful of us coming to this realization before-the-collapse will be correct, or every village idiot you ever met will be vindicated for having their head shoved up their own ass...
Investing With Bernie (Yes, again)
When the attention deficit Idiocracy awakens from their Kardashian-induced stupor, they will be absolutely shocked to realize that they entrusted their life savings with Wall Street's Bernie Madoffs for a third time. We're just waiting for speculators to throw their last remaining Bitcoins away on the handful of junk stocks holding back the HALO crash. We can even predict what they are going to say when it all collapses:
"Aw Fuck, Not This Again!!!"
"Aw Fuck, Not This Again!!!"
Monday, March 3, 2014
Sunday, March 2, 2014
The Great(est) Depression
As all 20 of us have surmised by now, the impending Depression will make the 1930s seem like a picnic. The problem with a Ponzi Scheme is that it creates massive supply/demand imbalances which are only fully revealed after-the-collapse.
Sadly no one can tell any of this to the blissfully stoned masses at large; so they will have to learn these things a day late and many dollars short, as did those who invested with Bernie Madoff...
Sadly no one can tell any of this to the blissfully stoned masses at large; so they will have to learn these things a day late and many dollars short, as did those who invested with Bernie Madoff...
Saturday, March 1, 2014
A Fatal Attraction to All Things Fake. Now Ending Badly.
The Creator gave the human race everything they needed, so they threw it straight into the landfill.
Given enough time, humans will believe literally anything, just so long as it's not contaminated by any form of reality. And the more people believe something, the more certain will be their belief, no matter how impossible or totally asinine.
Given enough time, humans will believe literally anything, just so long as it's not contaminated by any form of reality. And the more people believe something, the more certain will be their belief, no matter how impossible or totally asinine.
Therefore, in order to be successful, the impending reset needs to be sufficiently "adverse" so as to finally wean the hairless monkeys off of their addiction to all things shiny and fake, and otherwise accept unvarnished reality (truth) the way it was intended.
Life Outside of the Corporatized Matrix
"Emancipate yourselves from mental slavery;
None but ourselves can free our minds."
Marley/Redemption Song
Fuck Ted Nugent and Anyone Who Looks Like Him
Ironically, these evolution-denying demented hill billies are at risk of self-extinction...
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