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, May 8, 2015

No Jobs And Collapse. Whichever Comes First.

Great News ! No Economy !

ZH: May 8, 2015:

April Payrolls Miss, March Revised Much Lower, Wage Growth Disappoints

June rate hike off the table: (Nasdaq Futures):

MW:

"[Un]employment at 7 year Low"

Employment or unemployment?

May 7, 2015:

Stock buybacks hit new record highs

The "symbiotic" relationship between low interest rates and no jobs:

Corporations kill the jobs, which imports deflation. The Fed keeps interest rates at 0% forever, automating more jobs. The profits are ploughed straight back into stocks, bypassing the economy. Zero "incentive" to change all of this. Yet.

"U.S. Recovery is pure fiction. A lie"