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.

Thursday, April 23, 2015

The 2015 Bear Market Is Well Underway

Y2K was my first encounter with lying psychopaths selling worthless garbage to the public.

Not that I'm bitter about it.

April 23, 2015

15 years and one month later, Nasdaq finally eclipses its all time intra-day and closing high set in March 2000:

What could go wrong?

Nasdaq with 8 week moving average of New 52 week highs which peaked in late 2013, almost a year and a half ago:

The average Nasdaq stock is ready for a third wave down, which will come as somewhat of a surprise given the unprecedented divergence.