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.
Wednesday, June 25, 2014
"Save Money. Live Jobless"
No one can afford the true prices at Walmart Walmart and Ponzinomic frat boyz have conveniently divided the Globalized pseudo-economy into (wage-slave) "producers" and (jobless) "consumers".
Let's see how they're doing...
Shanghai Composite with S&P
One of these is exhibiting reality, the other one is exhibiting debt-sponsored denial Mind the Output Gap: