The Wizards of Dumbfuckistan are at Maximum Smoke and Mirrors
The Globalized Corporate Ponzi Empire with its rampant apologists, pretenders, and billionaires is coming unglued in every direction - economic, environmental, political, geopolitical and health-related. The desperation is sad and pathetic. Too much pretending has left the shrink-wrapped human call options ALL IN with nothing left to give their corporate slave masters. The rat race to nowhere has arrived at its final destination, nowhere - leaving nothing to show for it but discarded corporate drones, burned out and mentally unstable.
The lies and delusion that this society desperately buys from its glassy-eyed circus clowns in leadership, now defy any and all description. This society places more trust in Wall Street and political game show hosts, with its future, than it does in climate scientists. No blog at this juncture can even hope to depict the daily insanity that now passes as "business as usual"...
The lies and delusion that this society desperately buys from its glassy-eyed circus clowns in leadership, now defy any and all description. This society places more trust in Wall Street and political game show hosts, with its future, than it does in climate scientists. No blog at this juncture can even hope to depict the daily insanity that now passes as "business as usual"...
A Global Conspiracy of Dunces
It's been five years of this ludicrous charade and yet today's thought dealers still can't come to terms with the fact that it's a Ponzi Scheme. Collectively they threw $33 trillion of monetary and fiscal stimulus (aka. "Grandchildren's money") down the shit hole and they are still trying to figure out why their pseudo-economy isn't growing. It never occurs to them that there are limits to how much debt can be used to pretend to have an economy, and that when peak debt is reached it's game over.
This Just In: "Global Growth Worries Climb"
"Five years after the financial crisis ended, soft growth in Europe, a stop-and-start U.S. recovery and waning momentum in China have policy makers groping for what to do next."
Clearly, we are dealing with some hardcore dumbfucks.
The definition of insanity is doing the exact same thing over and over again, each time expecting a different result
Ponzinomics@Peak Leverage: Fed Funds Rate with U.S. Total Debt
The Dow Jones Prozac Dispenser: The Casino IS the Economy
It's been five years of this ludicrous charade and yet today's thought dealers still can't come to terms with the fact that it's a Ponzi Scheme. Collectively they threw $33 trillion of monetary and fiscal stimulus (aka. "Grandchildren's money") down the shit hole and they are still trying to figure out why their pseudo-economy isn't growing. It never occurs to them that there are limits to how much debt can be used to pretend to have an economy, and that when peak debt is reached it's game over.
This Just In: "Global Growth Worries Climb"
"Five years after the financial crisis ended, soft growth in Europe, a stop-and-start U.S. recovery and waning momentum in China have policy makers groping for what to do next."
"It will take a long time before we see a real recovery," [Yes, forever is a long time, indeed]
Clearly, we are dealing with some hardcore dumbfucks.
The definition of insanity is doing the exact same thing over and over again, each time expecting a different result
Under the Neocon-inspired 35+ year specious paradigm of Supply Side PonziNomics - a system of one-way trade was contrived whereby jobs and industries were exchanged for debt, with billionaires brokering the transfer while monetizing the massively increased profit stream in the form of higher share prices. Every time the Dow ticks higher, the Middle Class can hear the sound of the invisible jobs liquidation machine grinding away in the background. And the worst part in all of this is that the developing world's standard of living of course didn't rise much at all in the meantime, since those nations built their own domestic ponzi-style crony economies while Third World wages were crowded out by unprecedented corporate profit margins. This entire course of events, merely implies that the developed world standard of living now has to fall, to correct the massive trade imbalances.
Ponzinomics@Peak Leverage: Fed Funds Rate with U.S. Total Debt
The Dow Jones Prozac Dispenser: The Casino IS the Economy
As long as the Dow ticks relentlessly higher, the latent societal mental illness remains under control thanks to the all-critical daily dose of greed-based Prozac. Even those who don't directly watch or care about the Dow are indirectly being manipulated vis-a-vis the effect that the stock market has on mass social mood. Scientists have proven that they can tell whether or not stocks are up or down by analyzing the "mood" of Twitter feeds. Elliot Wave Theory postulates quite the opposite situation of course i.e. that social mood drives stock prices, not the other way around. However, in this insane asylum, 70% of stock volume is controlled by HFT Bots which are tapping Central Bank supplied monetary dopium to drive stock prices. Apparently, Central Banks and HFT Bots didn't get the fucking memo that social mood is supposed to drive the stock market. In that context, the entire feedback model has been reverse engineered. Stock prices are now driving the ever-more manic social mood which is now fraying as reality and fantasy are going in totally opposite directions.
Cognitive Dissonance, Source of "Excessive Mental Stress"
What happens when reality and fantasy go in opposite directions? Psychologists call that cognitive dissonance:
Excessive mental stress? Sounds familiar. Today's Borg-assimilated zombies inherently know that something doesn't add up on this Dow-induced fantasy, but they can't quite put their finger on it. After all, they watch CNN and Faux News and it's "business as usual" - All airliner searches, AC360 episodes and Benghazi circle jerks. They talk to the rest of the Borg who are fully brainwashed to the delusion, and everything is A-Ok - all ESPN scores and TMZ updates. What then is the problem?
Then they inadvertently stumble across the truth. How fucking rude, that someone left the truth right out in the open where anyone could see it. There it is, inconveniently revealed in all of its hideous natural and real glory, no sugar coated infotainment enema. No happy ending:
> What is this - Spain is bankrupt yet is selling debt into the open market at record low interest rates?
> More tornadoes, "firenadoes" and other natural disasters chewing up the entire country amid yet another "scientific" climate change report? Don't they know that I don't believe in Climate Change? I vote for 12-year old boy-men who are well compensated to tell me it's not true:
Justin Bieber for President
Marco Rubio, who may well be the next President of the U.S. if he can beat Hillary and Mickey Mouse (leading contender, by far).
Cognitive Dissonance Exhibit A:
"I think severe weather has been a fact of life on earth since man started recording history. I understand that there's a vast consensus of scientists that are saying that human activity is what's contributing to changes in our climate." [...But what do they know - I'm President of the Mickey Mouse Club...]
Cognitive Dissonance Exhibit A:
> What? Nothing changed on Wall Street? What about the bailout and the free money? What was that for?
> What? Obama is the exact same as Bush? Didn't I vote for Hope and Change? WTF?
> What? Record debt levels, record long-term unemployed, record foodstamps, 20-year low household median income? Why then is the Dow at an all time high?
> What? The stock market is a money printed illusion? That's not what my investment advisor tells me, you know the one who lost all of my money in 2008.
> What? The stock market is a money printed illusion? That's not what my investment advisor tells me, you know the one who lost all of my money in 2008.
What Happens When the Dow-Generated Prozac Runs Out?
Clearly Central Bank Monetary dopium administered via drip feed to Russian-progammed HFT Bots with the stock market at all time highs, the economy tanking in real time, and a borderline psychotic population, is a latent fucking catastrophe. Drip-feed levitation requires low volumes and minimal selling pressure. As long as the psychos in the psyche ward remain anaesthetized by the Kardashians and Company, there won't be any problems. However, the minute this shit show goes in reverse, all hell is going to break loose. Drip feed levitation will yield to panic and low volume will yield to high volume. Russian-programmed HFT will go full Fugazi aka. Flash Crash as it does every single day even now, all of which will culminate in underwear staining "discontinuous price discovery". Meanwhile, stock market "circuit breakers" will make things ten times worse by halting stock trading at each 10,20,30% interval regardless of number of shares traded. Which means that brick shitting ETraders are going to have their sell orders stacked up to kingdom come, as the circuit breakers instantly find the next limit down threshold and halt trading all over again. In the meantime, currencies, index futures, options, commodities will all be trading straight down in the background.
Monkey Hammered Into Fucking Oblivion
As we see with all of the above denialistic insanity and Justin Bieber for President, a society this desperate to ignore the truth AND that still trusts Wall Street with its savings after 2008, is destined to get monkey hammered into fucking oblivion and deservedly so. Clearly this is all playing out this way for a reason. Which gets to the next point...
Rome Didn't Collapse In a Day
The scariest thing in all of this is that throughout past history, the decline of an empire was measured in decades and centuries. In days gone by, there was no Grand Casino to hypnotize the stoned masses into believing that the status quo was indefinitely sustainable. Sure there was Colosseum spectacle, akin to today's ESPN or Reality TV or CNN, however the Grand Casino is a whole other level of mass delusion, papering over latent psychosis. Meanwhile, this entire delusion has allowed the damage inflicted to the real economy to continue unrelenting for the past five years straight. The exact same economy-destroying Supply Side Ponzinomics that led to the instant obliteration of all pseudo-jobs created during Bush's two terms in 2008, has now gone into level-11 with Obama's Greatest Lie Ever Sold.
Occupy the Psyche Ward
In the context of a society whose trips to the "mental" hospital are now statistically correlated with the stock market, all of this false market manipulation is frightening indeed. It's been a five year, one-way trip higher into a manic new high, so there hasn't been a true test of sanity for a long time. Suffice to say, when this all goes in reverse, the human call options are going to become mighty "interesting", to say the least.
(NOTE: If you are wondering why I reference CNN episodes versus Faux News, it's because of rule number one: never go FULL RETARD)
Market Masturbation
Globalization Peaked in 2007 - This Latest Bubble is the U.S. Supernova
This is what the global economy thinks of this mass delusion i.e. it's history's largest con, without comparison.
The Global Dow (Not to be confused with the infinitely manipulated U.S. Dow)
Sanity and Reality Check:
This is what the global economy thinks of this mass delusion i.e. it's history's largest con, without comparison.
The Global Dow (Not to be confused with the infinitely manipulated U.S. Dow)
Sanity and Reality Check:
P.S. As you can tell, I am trying to get to my last post, because this level of insanity has become totally absurd. I can't condescend to this level of debauchery without myself sounding like a jackass. Anyone who hasn't taken steps to "mitigate" their exposure to this impending collapse, is already done like dinner.
Protect your family. Protect your sanity.