Friday, June 12, 2015

The Soylent Idiocracy: Euthanized By All Things Fake

Fake food
Fake economy
Fake recovery
Fake leaders
Fake culture
Fake science
Fake news
Fake change
Fake billunaires
Fake happiness
Fake people

Fake wealth
The role of the Fed is to prop up the fake stock market so that people don't care that everything real is being sold out from under them. Now, instead of building wealth based upon a real economy, Etraders swap worthless pieces of paper back and forth pretending to be wealthy.

Netflix with Fed balance sheet:

All of which will vanish overnight, when the next buyer of profitless IPOs can't be located.