The Idiocracy has been transported right back to where they were post-Lehman. This time without a Fed safety net.
CasinoConomy will be dead on arrival.
"All shorts must cover prior to collapse"
Then:
Now:
As it was with the TARP Wall Street bailout post-Lehman, Fake euphoria attends a Fake bailout, juicing a Fake short-covering rally, based upon a Fake recovery, all believed by a Fake Society. Now ALL IN.
During non-stop Greek drama for five years straight, the corporate disposable batteries were fully drained by psychopaths in broad daylight.
"No blind man saw that coming"
The 'Conomy left the Casino a long time ago...
Goldman Sachs always knows something. Don't they?
NYSE Distribution: aka. Institutional selling in size.
The velocity of decline can't be overstated...
Price / volume
Time is up on Obamanomic charades
1 year forward interest rates versus global carry trades
The moment when a bunch of dumbfucks realize simultaneously that they are a bunch of dumbfucks...
Value Line Geometric Index
"It was a bad time to be ALL IN Imagined Realities"
Russell (small cap) / Dow Ratio
"Got clean underwear?"
As it was in 2008, large cap blue chips are underperforming speculative growth stocks as indicated by the ratio of volatilities (vxo / vix)
Sadly, being a greedy dumbfuck tripping over other greedy dumbfucks trying to get out the same closed door at the same time, does not qualify as a "Black Swan" event.