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.

Thursday, November 6, 2014

Gambling Dumbfucks Can't See the Bubble, Because They Are The Bubble

As long as they keep throwing ever-more money at it, everything will be fine

The Earnings Yield (earnings / price) (red line) Peaked Three Years Ago

Subsequently, the rise in the market has been due to Central Banks, HFT, and Etraders locked in their own momentum feedback loop. Even in 2007, the Earnings Yield kept pace with the market:

A Bubble on Top of a Bubble

Stock prices are outrunning profits (above) and profits are out-running GDP (below). The unsustainability of this double bubble, can't be remotely over-stated:

Profits versus GDP:

In this casino the only cashier is the next dunce who walks through the door