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

Everything Is In CYNK To the Downside

It was a critical week. Deja Vu of the 2008 TARP vote, the Greece "No" vote tanked markets on Monday, but then they rallied back all week on rumours of a deal this weekend. Which is under discussion now. Ironically it was the successful TARP vote that led to full liquidation, because RISK was OFF...

All short-covering.

RISK OFF VISUALIZED

Rydex Asset allocation: "Change of Plans"

Emerging markets and oil stocks are now in No Man's Land

European Stoxx:
Stair-stepping lower in 1s and 2s. Waiting for a big 3...

Everything is in CYNK to the downside...