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.

Thursday, October 1, 2015

Unicorns Just Got Shanghai'd

Silicon Valley is shitting a brick. Right now.

Unicorn denotes a start-up company whose valuation exceeds $1 billion dollars.

Market price momentum peaked last September w/Alibaba:
S&P Price / NYSE Volume:

http://www.renaissancecapital.com/ipohome/press/ipovolume.aspx

Alibabylon with momentum line from first chart:

IPO ETF: Shanghai'd