Thursday, September 18, 2014

Globalization Supernova


The purpose of this era is to leverage Globalization to the maximum extent possible, so Central Banksters won't be able to put Humpty Dumpty together again.

Who can deny that the plan is working...

Status Update: So far, so bad
Let's see - The vast majority of global markets rolled over months and years ago. The leading stock markets are now Argentina, the Middle East, and Pakistan. The U.S. market is at a new all time artificially levitated high on the basis of massively degraded fundamentals and technicals. Multiple sectors have already rolled over: Utilities, energy, miners, homebuilders. The Fed's stock-buying program is tapered 80% on the way to full cessation in 4 weeks. Every risk known to man - geopolitical, economic, environmental has been totally ignored for years now. Global debt has grown 40% in five years. And now the world's largest IPO will be dumped on top of this shit show. 
Most importantly, the clueless masses are totally bought in to this fabrication. 

It's a solid plan. It should work:

This just in:
MW: Wall Street Didn't Learn from its Free Bailout:
The total lack of accountability, free money for increased speculation, and $4 trillion Fed stock buying program didn't curb Wall Street's overwhelming lust for greed. Shocking:

"If anything, bankers and brokers defiantly have hardened in their quest for bigger and bigger paydays. Wolf of Wall Street? What we’re seeing is a pack of wild dogs that continue to use any means necessary to line their pockets no matter the fines, convictions and settlements that regulators throw at them."

"Or maybe Wall Street is again playing fast and loose with the stability of the financial system: disproportionately rewarding risk-taking, cutting corners and betting that this time they’ll get away with it."

"Come to think of it, that’s probably the safest gamble of all."

I'll take that bet.

Hazardous Immorality Visualized
Economists have a concept called "moral hazard", meaning that if risks are incentivized, people will take more risks. For the rest of us, we just call that commonsense:



Fantasy: 


Reality: 


Where the bodies are buried: 


The "Fuck the Grandkids" sentiment index
Investors Intelligence Bulls-Bears one year moving average: