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 30, 2015

An $18 Trillion Non-Confidence Vote

People buy stocks to get rich. People buy Treasuries because they ARE rich
The Treasury bond market figured out WAY back in 2010 that the economy was not going to float back from China. Since then, not withstanding three rounds of failed money printing, it hasn't wavered in its assessment.

Treasury yields with Fed Balance Sheet

The wreckovery has been postponed until never.