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.

Saturday, November 1, 2014

BTFATH: Careful What You Wish For

ZH:

The Halloween Yen Massacre Sends Markets to All Time Highs

The Psychos are scraping up the last fools...

"Some markets" are at all time highs

Most markets, not so much...

The Dow's Broadening Top:

"It is a common saying that smart money is out of market in such formation and market is out of control. In its formation, most of the selling is completed in the early stage by big players and the participation is from general public in the later stage"

"Price keeps on swinging unpredictably and one can't be sure where the next swing will end. Regarding the shares volume, it is very irregular and leaves no clue to the direction of the next move."

BTFD
Mind the 5 Gaps Below
SPY ETF

We've seen this movie before, and yet, for the attention deficit, it always ends totally "unexpectedly"

Utilities

Biotech Weekly

Sure whatever

Kuroda's last hurrah

Yen:Dollar

History's ultimate carry trade. 1997 x 100:

Yawn

Another couple years and I'll get my money back from Y2K
Not that I'm bitter...

Nasdaq 100

UK FTSE
Stuck in 1999
How much hyperbolic bullshit have we endured since then? A fair amount...

The U.S. stock market. Programmed by Russians.

S&P 500 with price range of average stock

Nasdaq Internals:

Bears at 16%

Extinction

BTFATH: Everyone wants a market at all time highs. So be it.