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.

Friday, March 13, 2015

"They Don't Ring Your Bell At The Top"

Capitulation:

http://www.cnbc.com/id/102500760

"Marc Faber is well-known for his persistently bearish take on U.S. stocks—as his nickname, Dr. Doom, implies. But now he argues that large-cap American equities could actually be a great spot to keep one's money."

Extraordinary Delusions and the Madness of Crowds
Actually, Nouriel Roubini used to be "Dr. Doom", but he capitulated last year.

CNBC: Nov. 13, 2014
Marc Faber even more bearish as stocks rise

CAPITULATION