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, September 25, 2015
Social Mood Ran Into The Brick Wall Of Reality
Central Banks reverse engineered social mood higher for six years straight via the casino, while the economy was decimated. Now, social mood is collapsing as reality crushes mass delusion.
Global Risk Off Visualized. This clusterfuck doesn't go in reverse...
Brokerage stocks are now tanking as another generation of gamblers has been fully monetized:
Dead Unicorns visualized: The IPO index has been monkey hammered back two years, as the IPO market has gone dead.
IPO volume is down a staggering -67% year-to-date. Even backing out Alibaba from last year, net proceeds are down -50%: