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.

Monday, March 9, 2015

Which Stocks Should I Buy In A Bubble?

Who will tell me when to sell ahead of everyone else?

A Tale of Two Bubbles:

Biotech and Fracking

Last July, Janet Yellen said that Biotech was overvalued. Right after that, fracking stocks crashed totally "unexpectedly", to the tune of trillions (including the debt). Everyone said "that's odd, I wonder why that happened?".

So after that, momentum chasers stopped investing in 'Energy Indepedence' with both hands, and instead focused on the most overvalued sector. Why? Because they didn't learn a fucking thing about overinvestment.

Doh!

An escalator ride up. An elevator ride down.