50 day moving average (red):
http://www.cboe.com/micro/skew/introduction.aspx
Sure, whatever...
We're one more Yuan devaluation from ending this shit show. And the pressure builds every single day...
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.