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, August 21, 2015

Deathstar Damage Report

*Someone* borrowed way too much money in a foreign currency. And now we're going to find out who...

Global Dow's Third wave down at all degrees of trend:

OECD Carry Trades w/U.S. interest rates

Oil and oil stocks:

Skynet is getting monkey hammered. Shit wants to break:
Down volume / Total volume:

Panic time in China

First weekly close below the 50 week MA since 2012