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 Idiocratic Divergence: Why Stocks Are Rallying

Stocks are celebrating the deteriorating economy, in anticipation of more Fed Dopium

ZH: April 23, 2015

S&P and Nasdaq reach new all time highs based on worst economic data in six years

Forward interest rate expectations via 2 year Treasuries:

The Idiocratic Divergence. Visualized
One of these markets is right and the other one is wrong. One is following the economic data, and the other is following the Fed dopium.

Stocks versus 30 year T-bond yields: