Saturday, June 28, 2014

This Is How All Empires End

With Third World choices attended by third grade logic:
"Obama “would rather spend the money on food stamps than he would on a strong military or support for our troops.” (Dick Cheney, June 25th, Faux News)

We've already seen this movie, circa 1989 Soviet Union. Only the Big Dick and the rest of the Mickey Mouse Club, are still bought into their pathetic fantasy...something about being lied to constantly...

Thursday, June 26, 2014

The Collapse Will Be Epic

This was just a five year (massively failed) bailout
Five years of wasted time and wasted money, masking the steady deterioration in the underlying economies. Propping up lenders with cheap money while borrowers become ever-less solvent in the meantime, is the dumbest fucking idea in the history of mankind - aside from giving time for the ultra-wealthy to move their assets offshore.
All while the stoned Idiocracy was occupying the couch, the fridge, and the TV set...


Don't Expect Any Advance Warning of Economic Collapse

Because Wall Street hasn't figured out how to short it yet
There is a reason that the HUGE GDP drop yesterday was totally ignored by Wall Street (and hence the media). It's because the market is still rising and therefore Wall Street can't AFFORD to be correctly bearish. Unlike 2008, Wall Street hasn't found a profitable way to short a bad economy.
This is all just the biggest circle jerk in human history...

More is Never Enough For Walmart Street

Walmart's current revenue of ~half a $trillion is not meeting Wall Street's "expectations"

Q: So how many small businesses does Walmart have to destroy to meet Wall Street's expectations?

A: All of them...

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...

2008 Deja Vu. The Idiocracy is in Denial

The U.S. is likely already in recession

"Dude, Where's the Economy?"

While Wall Street was calibrating how many profitless DotComs to dump onto Depends-wearing ETraders, that illusion-formerly-known-as-the-economy was just downgraded yet again to -3%! 

These backwards revisions to first quarter GDP are making even the buffoons look like buffoons...

Monday, June 23, 2014

Priced for Obliteration

Momentum Feedback Loop
What happens to a generation of self-absorbed dumbfucks who want a tax cut for the ultra-wealthy, cheap oil from terrorist-sponsoring nations, two prolonged blunders to teach those foreigners the "American way", a stock market at all time highs, and game show hosts running the entire circus? Well, something had to go. In this case it was just the economy and the children's future.

The stock market is rising because it's rising. It's locked in a momentum feedback loop which is merely a contest to see who can throw the most money down the shit hole before this entire self-delusional ponzi scheme collapses for good. ETraders are blowing smoke up each others' asses at the joy of the Dow rising every day, as they throw every last dollar of retirement funds into the market...

Sunday, June 22, 2014

Smells like Desperation: Pathetic

The Illusion is now only convincing to those who are overwhelmingly desperate to be lied to - you know, everyone you ever met...

The only problem with capitalism are the capitalists

Karl Marx didn't have to be right, but the capitalists went out of their way to prove him right. Supply Side Ponzinomics turned the economy into a zero sum game between labour and capital, cannibalizing long-term demand. Game over.

"As Karl Marx explained, capitalism is a revolutionary force, it commodifies everything, human beings and the natural world - which it exploits for profit until exhaustion or collapse" 
[Chris Hedges, Oct. 10, 2011]

Friday, June 20, 2014

The Year of Living Dangerously

Brought to you by "Extend and Pretend"TM

The most expensive vacation in human history. Enjoy it while it lasts, because it's going to end with a big fucking bang...

The Fall of Rome Redux: We Live In a Fed-Printed Potemkin Village

Without the Fed, there would be no billunaires
I just read this Op-Ed written by a billionaire and a reformed Fed member, blasting the Fed for creating "balance sheet" wealth instead of real economic wealth. As usual, only half of the facts were told in an attempt to blame the Fed solely for the past 30+ years of economic carnage. The truth in all of this is that it was corporate errand boys at the behest of billionaires who annihilated the economy and otherwise arbitraged Third World labour in place of developed world labour, something literally no one in the lamestream wants to admit. The Fed's role in all of this was merely to print a fake economy to replace the real one that had been outsourced. We live in the Fed's Potemkin Village because the real economy no longer exists and under the current globalized paradigm will never ever exist again. This is the story of our time. Everything else is an historical footnote:



Thursday, June 19, 2014

The Dying Age of Ultra Greed

The Story of our Time: "GREED, GREED, AND MORE FUCKING GREED"
As I've been showing recently, the Nasdaq and Russell 2000 are staggering under the weight of all of the recent junk IPOs. Wall Street knows that time is running out on their last pump and dump therefore, they've significantly ratcheted up the IPO calendar to include 16 IPOs next week and 32 total new IPOs over the next three weeks. Hammering the Nasdaq with more junk will work great until it fails catastrophically. A polite reminder of what happens when volume re-appears in an over-bought and overvalued market i.e. Skynet system test, in real-time:



Wednesday, June 18, 2014

FULL PONZI

Final collapse preparations are underway. Please be patient.

In the meantime, the Dow Jones Illusional Average will remain pinned to all time highs for self-delusional convenience.

Why things have to get a lot worse before they can get any better

The "Fuck You Jack, I'm Ok" model is in overdrive

"By almost any measure, the world is better than it has ever been"(Billy Gates, Slumdog Billunaire)

From: Credit Suisse 2013 Global Wealth Report (My notations in red)

Tuesday, June 17, 2014

A Higher Minimum Wage Kills Profits, I mean Jobs

And slavery leads to full employment

Having sucked the U.S. economy dry, it's time to move the company

Corporate profits at all time record highs as a % of GDP wasn't enough, since on Wall Street, more is never enough. The new game is to eliminate all taxes.

Only fools pay taxes.  Elites on the other hand, spend them...

There's No Global Warming Here

The mega "double tornado": coming soon to a trailer park near you...

 https://www.youtube.com/watch?v=xYzfH7vPyHc

Sunday, June 15, 2014

The Empire's Frontier is Collapsing

Empires don't have control, they have the illusion of control, which they rent at an exorbitant rate until another country comes along willing to bankrupt themselves for the same delusion.

The Neocons' cherished Pax Americana fantasy is dissolving in real-time, and they are the last to realize that it was always doomed to fail...

Friday, June 13, 2014

Bonfire of the Insanities: Then there were none

Nature's Darwinian response to a society of self-absorbed refugees incapable of caring about anyone but themselves, is to make them wholly oblivious as to when it's their turn to ride under the bus. They'll never see it coming.

Globalization Meltdown

Point of recognition approaching
Every corner of the world is beginning to realize that this is all just history's largest lie, without any comparison. The Rage is spreading and the uber-buffoon "elites" are clueless and paralyzed...

Thursday, June 12, 2014

"Aw Fuck, Not this Again !"

Everything comes as a "surprise" to the Idiocracy. Something about having their heads permanently installed in their own asses. That, and believing CNN "is the most trusted name in airliner searches".


Buy the Fucking Collapse (BTFC)

Everything the Neocon Fauxtards touch turns to shit. Supply Side Ponzinomics bankrupted their own country and sponsored two disastrous military blunders. Now they ignore every major issue of importance while talking about Bowe Bergdahl incessantly. It wouldn't occur to them to have an inquiry as to why the hell they went to Afghanistan in the first place, because that would make too much fucking sense...

Wednesday, June 11, 2014

Sacking Rome

The Tea Party just sacked Wall Street's most influential Republican supporter 
Eric Cantor of course is the House Majority leader, but he is also one of the most far right of the House Republican leaders and yet he was still outflanked by the Tea Party Taliban. Cantor's primary campaign spent $5 million versus his little known challenger who spent $200k. The Tea Party is launching an early offensive against the entire U.S. government...

Tuesday, June 10, 2014

The "Fuck the Grandkids" Index

Ever wonder why politicians and media buffoons talk incessantly about trivial issues, while everything of importance collapses in the background?

Here's the answer...

The Dow Jones Prozac Dispenser Laced With Fed Heroin

Feeling Lucky?
The Dow finally broke through its "permanent plateau" last week. All it took was for bullish sentiment to hit a 7 year high. ETraders are ALL IN...

(Advanced) Descent Into Madness

Never say that the Idiocracy ignores ALL problems, if there is a way to make money from a crisis, they will find it. Here below we see the solution to the ever-escalating number of school shootings. It's the bulletproof blanket. Problem solved. $1,000 MSRP. I feel much safer now with sending my kids to school.

"So, as we drift into numb acceptance that gun violence is part of U.S. culture, ProTecht offers us the Bodyguard Blanket, an orange shroud designed to stop a 9mm bullet. "















"Gun violence is part of U.S. culture". The French take long lunches, Americans run around killing each other. It's a cultural thing.

Sunday, June 8, 2014

Shock Doctrine on a Global Scale

The Financial Crisis Enabled Ponzi Capitalism to Go ALL IN
Just as WWII was an extension of the unresolved WWI, likewise what comes next will be the brutal resolution to what only got initiated in 2008 i.e. final total meltdown of self-imploding Globalized Ponzi Capitalism...

Market Tops are a Process...

Followed by an Event...

Saturday, June 7, 2014

The Smell of Fear: Believe What You See, Not What You're Told

There are conflicts of interest in every direction now -  a steady blur of buffoons and morons...

The Illusion is Flickering

The descent into madness has been slow but relentless. Now Europe is charging people to save their own money - on asinine parity with printing money to inflate the stock market. And yet the all-things-fake Idiocracy doesn't even blink at this mass insanity. They just switch from full acceptance to full-auto with one click...

Friday, June 6, 2014

Blow-off Top = Zero Risk = Zero Hedge = Capitulation

100% Pure Pollyanna 

A zero volatility market is impossible to hedge, so no one does - despite having maximum capital at risk. Yet another "unintended consequence" of Central Bank market intervention...

Debt IS Deflation

Dunced policy-makers are fighting deflation by subsidizing more debt.

It would be nice to pretend that today's thought dealers know what they are doing, but since they stood by and watched as the 2007/2008 bubble inflated and then collapsed, we can say with absolute certainty that they have no clue what the hell they are doing...

Thursday, June 5, 2014

The Newest Games in the Casino

Keeping Etraders fat and happy while everything else implodes in the background

Monetary Policy@FULL CASINO

ECB: Negative interest rates for depositors aka. coerced spending and gambling
How desperate are our thought dealers to maintain the status quo? Beyond any comprehension. Worse yet, they have yet to inform the masses that this is all heading towards a brick wall which is really what they should have been doing all along i.e. admitting that they can't borrow us out of this catastrophe.

Wednesday, June 4, 2014

Who wants to get Monkey Hammered?

The Gods are angry and want this all to end as devastatingly as possible. Buried for good.

Fortunately, Wall Street makes it easy for them, by pumping out disinformation constantly. Anyone who places their trust in Wall Street this time around will be obliterated...

"Dude, Where's the Economy?"

Frat boys outsourced the economy, now they spend every day looking for it

Once again, pseudo-economic GDP has gone missing for the second quarter ending June 30th. Don't worry though, because the "economy is in great shape, we just don't believe it". You can't make this shit up...

The "Stealth" Implosion of Globalization Continues...

This entire shit show is lurching towards collapse while clueless policy-makers do everything they can to ignore it - now discussing "Bowe Bergdahl" 24x7 - because we know that the future of 320 million people hangs on one hill billy. 

It's not even possible for collapse to come as any other way than total surprise... 

Tuesday, June 3, 2014

The Colossal Failure of Modern Economic Theory

We are witnessing the real time death throes of modern macro-economic theory

The twin pillars of modern macro-economics are Fiscal (Keynesian) and Monetary policy. In the modern era, both of these "schools of thought" were given tremendous impetus during the 1930s Great Depression, as desperate policy-makers sought macro-driven strategies for alleviating poverty.

The concept behind both of these policies was "good", however, the implementation of both of these policies has been an ever-greater overwhelming disaster...

The Ultimate Greater Fool's Market

The steady flow of greater fools provides the illusion of stability...
Who is having a harder time in this shit show - the stoned masses desperately pretending that the impossible is indefinitely sustainable - locked in a futile attempt to keep up with the Dow Jones', even as costs are rising, pay is stagnant, and new job opportunities are non-existent? Or is it harder on the handful of us trying to maintain sanity amid mass insanity, as we do our best to stay as far away from the trailer park as possible, while the economic tornado bears down on the happy camping trailer monkeys?

Debatable perhaps, and yet irrelevant to those of us who have no inclination in the first place towards a totally pointless and superficial way of life...

Monday, June 2, 2014

HALO Crash Checklist

How long will it take for history's largest-ever house of lies (with no comparison) to collapse with extreme dislocation?

Let's see...

The Age of Export Mercantilism

Beggar thy neighbour policy never ended, except at Harvard.
The days of the multinational profit extraction machine are numbered.