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.
Sunday, October 4, 2015
"Who Wants More Kool-Aid?"
Globalization's sad charade visualized: MSCI World stock index (ex-U.S.) with Global Commodities Global stocks at Y2K levels:
"At least the Dow is strong" Solvency and sanity now hinge on the Dow
