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 15, 2015

Social Mood Is Turning Down: Deflating Back To Reality

In Y2K they sold worthless IPOs, amid great enthusiasm

In 2003-2007, they sold toxic subprime mortgages to great enthusiasm

Post-2008, they sold the Middle Class amid decade-high enthusiasm:

The Monetization of An Etrader
The red line is the equity put/call ratio inverted. The black line is the internal health of the NYSE vis-a-vis % of stocks above 200 DMA. Speculative optimism peaked last July and has been waning since:

When the Idiocracy realizes that they were conned again by the exact same psychopaths as last time, the ammunition will fly.