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

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: