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.

Wednesday, September 16, 2015

"We're Decoupled From The World Now"

The first leg down in the Asian/Emerging Market meltdown aka. the Yuan Devaluation (Aug. 11th), culminated in an overnight drop in the Dow of 1000 points, two weeks later. Ignore the fact that sector-by-sector, the U.S. market had been falling apart for months and years prior. In other words the Flash Crash brought down the last few U.S. sectors still rising...

"BUT, going forward, as the Asian crisis deepens with each passing day, the U.S. will be fully decoupled. From now on..."

An asinine scenario, as NOT seen below via the Aussie/Yen (Red) and S&P 500 (black), wherein every time the neckline is broken, U.S. stocks tank...

"If it weren't for Asia, we'd be at all time highs..."