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

The Age of Denial Is Ending. In Denial

Deflation is hunting denialists to extinction...

Global Dow

Since 2008, we've seen peaks in:

Gold/silver
Bitcoin
Soft commodities
Hard commodities
Oil
Fracking
Materials
Industrials
Transports
Global trade
Global stocks (chart above)
Corporate revenue
Global interest rates (500 year low)
Emerging Market Debt
Junk Bonds
Consumer sentiment

Since the Yuan Devaluation Aug. 11:
EM currencies
Carry trades
IPOs
Biotech

Lumber aka. "Housing recovery"

The Dow is pausing in 2013 on its way back to 2008...

Deflation #Won:

Game over, man