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.

Tuesday, October 27, 2015

Terminal Idiocracy: Buried By Lies

It's been nine years since the last interest rate increase. To hear the Econo-dunces talk, this charade can go on forever...

GAAP 'n Crap:

The last two recessions directly coincided with the decline in profits (red). Fed funds rate in (black)...

Transports getting hammered again. Down -3% today...
Monthly momentum

Fake recovery unwind:
The fake recovery caused the dollar to rally (red line), hammering Commodities and Emerging Markets. The Bank of Japan and ECB increased their stimulus programs in response, driving major carry trade inflows into U.S. "assets". Now all of that "hot money" has to go back to Europe and Asia without breaking the S&P futures...

$USD (Red line) with One year Treasuries

"The Fed may not raise rates at all next year"

"The economy is not healthy. Extremely bullish news"