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, October 2, 2015
Damocles' Sword Is Falling
The disastrous jobs report just broke the Dollar / Yen's six week triangle, to the downside. The Fed is on hold until forever... Dollar/Yen
