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.

Saturday, September 26, 2015

1929 Hotel Californication Count

All charts Nasdaq 100

5 waves down off of the FOMC meeting last Thursday and then 50% retracement (retracement doesn't even show up on the daily chart above)
Futures from FOMC last Thursday ('c'), through yesterday's close which almost broke to new lows...
From: http://www.barchart.com/interactive_charts/futures/NQZ15

As it was in Y2K, Nasdaq is leading the Third wave down

The doors just closed on the Hotel Californication