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.

Monday, August 17, 2015

"It Was A Bad Time To Have My Head Installed In My Own Ass"

ZH: Aug. 16, 2015
Yuan Devaluation Sparks Biggest Junk Bond Crash Since Lehman

Doh!
Junk bond yields versus Treasuries:
Data from: https://research.stlouisfed.org/fred2/series/BAMLH0A3HYC#

"Who wants more Netflix?"
Netflix with Norfolk Southern Railways