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.
Monday, June 8, 2015
Blow-off Top @MAXIMUM Leverage. MINIMUM Economy.
This will make 1929 feel like a fucking picnic. This fake shit show is held aloft merely by Etraders throwing their last life savings away at the Wall Street casino
The only market for a 0% Ponzi bond or Profitless IPO is the assumption of an even bigger moron to come afterward
Profitless IPO Momentum
The IBD (Investor's Business Daily) 50 is the best known broad-based index of Momentum stocks. In April an ETF was created to track the index.