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, May 14, 2015

In The Idiocracy, Even Collapse Is Monetized

"By the end, amid collapsing revenues, corporate insiders used share buyback programs to temporarily support stock prices while the remaining cash was siphoned to offshore bank accounts"

ZH: May 14, 2015

Kansas City Southern Gives Disastrous Economic Update. Pulls Guidance. Announces buyback to siphon remaining cash.

Railroads: Backbone of the pseudo-economy:

Buyback ETF (Focused on companies buying back the most stock):
Buybacks just shift share ownership from insiders to mainstreet bagholders, they add zero value: