Monday, April 27, 2015

The Last Temptation of Main Street: Maximum Rioting

ZH: April 27, 2015
The Chinese government is encouraging everyone to throw their last savings away in worthless stocks, just prior to the economy collapsing. Which just happens to be the same strategy in the U.S., Europe, Japan, Canada...

ZH: April 23, 2015: WTF Chart of the Day - Chinese Etrading accounts:

Driving the divergence between fantasy and reality ever-wider:
Chinese stocks and GDP growth (red line):

Meanwhile, here in the U.S.:
U.S. Value Line Arithmetic Average (red) with Fed Balance Sheet (black)

"Ignorance is bliss"