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.

Friday, April 17, 2015

The Madoff Moment

The Idiocracy is not defined by hard questions that are not answered, it's defined by hard questions that aren't even asked.

Unasked question of the week:

If China GDP growth is currently at a 25 year low with stock euphoria at a 7 year high. What does that portend for demand when gambling Chinese housewives realize they just lost the life savings? Like the rest of the world, Chinese stocks will be chasing GDP lower.

We are witnessing the Madoff Moment, coalescing in real time.