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, July 10, 2015

CasinoConomy: Third Wave Down From All Time High

This week the casino ran out of idiots willing to throw money down the shit hole, which means the 'Conomy will now dictate the velocity of convergence, which unfortunately is in a Third Wave down...

As it was in 2008, the gamblers were the last to know:

As represented by the ratio of relative volatilities S&P 100:500