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.

Sunday, March 22, 2015

In Greed We Trust

This will be the largest loss of capital in human history, without any comparison.

CNBC: March 22, 2015

"In a chart making the rounds on Wall Street, Ned Davis Research points out that the price-to-sales ratio for the median stock in the S&P 500 has risen to the highest value ever..."

I will summarize the attached article as:

BTFATH because TINA: "There Is No Alternative"

http://www.zacks.com/screening/stock-screener

I performed another stock screen, this time across ALL companies > $25 million market cap (incl. ADR, CDN, excl. ETF, MLP, CEF):

Across all companies, 1694 or 30% are operating at a (combined) loss of -$198 billion, with a combined market cap of $3 trillion. Loss as a percentage of sales is -10%.