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.

Monday, October 5, 2015

Bear Market Visualized: Sanity and Solvency Self-Destructing

The "2 + 2 = 5" denialistic self-implosion

This just in...

"Cash-out refinances jumped 68 percent in the second quarter from a year ago...This is the highest volume of this type of refinance in five years."

The biggest rallies are in bear markets. It's a sign that bears are capitulating while bulls hang themselves with false hope...

50 week moving average: