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

World's Largest Stock Enters Bear Market (-20%)

Got iPhoney 6++? (I do)

Apple is the latest "Emerging Market" to enter a bear market:

https://www.aei.org/publication/perspective-ridiculously-enormous-market-caps-americas-20-valuable-biggest-companies/print/
1. ~~America’s~~ The world's largest company by market capitalization is Apple with a current valuation of $693 billion. That market cap of one US company is more than the market capitalization of the entire stock markets of Saudi Arabia ($483 billion) and Mexico ($480 billion). Although not shown here, Apple’s market cap is also greater than the entire stock markets of Thailand ($430 billion), Indonesia ($422billion) and Russia ($386 billion).