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.

Thursday, August 13, 2015

Fools And Their Money. Are Soon Parted.

The U.S. casino is larger than the rest of the world combined.

The U.S. has 5% of global population and 52% of stock market capitalization

MW: Aug. 12, 2015
Countries by Stock Market Capitalization

Unfortunately, the money is now all in the Caymans
We've never seen anything this asinine before...

The marginal valuation of stocks is determined by the marginal fool with money.

Once that gets sucked into revenueless IPOs, look out below.