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.

Tuesday, July 14, 2015

The Necessary Calm Before The Brick Shitting Storm

"The Dow has reached a new permanent plateau"

[Economist, Irving Fisher, 1929]

2015: "Which revenueless IPOs should I buy in a collapse?"

This just in:

"Hi, I'm fat, dumb and happy, PhD, what's your name?"

The calm before the brick shitting storm, Visualized...
You Are Here (blue circles, right)
Black line is VXO Options Volatility. Red line ratio of VXO/VIX

S&P Gaps

Buffoonish over-confidence and complacency are always the highest at the top.

Because manic dumbfucks are busy throwing their last life savings away on revenueless biotechs, while everything else falls apart in broad daylight...

"No buffoon saw that coming!!!"
Biotech black with average S&P stock (red)

Speaking of revenueless Biotechs...
The top performing IPO of 2015 is a company with zero sales. Up 8% to a new high today. Ready to get Shanghai'd into fucking oblivion...

Live by the buffoon. Die by the buffoon.