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.
Wednesday, August 26, 2015
Financial Deathstar 2.0 Implosion Sequence
The pervasive ASSumption -
"The U.S. is decoupled from China and Emerging Markets"
Shanghai Comp (red) with U.S. Dow:
Oil/Oil Stocks
Euro Carry Trade w/U.S. 1 year Treasury yields:
Yen (Inverted) aka. "Damocles' Sword" 1997 x 10
Aug. 23, 2015
[Large] Investors Are Selling U.S. Stocks At The Fastest Rate Ever
Down volume / Total volume
"It was a bad time to be listening to Larry Kudlow"