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, March 5, 2015

Momentum Bubble: History's largest Circle Jerk

Since 2008, the ultra-wealthy have been bidding up their own assets, deluding themselves that the fabricated valuations they place on them are real.

Momentum bubble visualized:

Sales / Price: The amount of revenue for each dollar invested in stocks:

http://www.multpl.com/s-p-500-price-to-sales

Data from WSJ:

One year ago, 41 private venture start-ups were valued at $1 billion or more. Now, 75 companies are valued above $1 billion. The combined valuations of these > $1 billion companies tripled in the past year:

Biotech: The leading sector since 2009 AND 2000:

Growth at all costs visualized

Growth : Value Ratio

In a self-fuelled momentum bubble it's easy to get in.

Impossible to get out.