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.

Wednesday, November 4, 2015

Skynet vs. Elliot Wave: Manic vs. Panic

Now that everyone has had a chance to double down, the real pain will begin...

If we're not at the peak, we're getting damn close:

Microsoft (purple), Amazon (red), Facebook (blue), Google (green)
Nasdaq 100 in the background...

Bitcoin is going late stage parabolic, up 150% in two months...
Bitcoin in red, with the Nasdaq 100 (black):
Volume is from Bitcoin
Data from: http://bitcoincharts.com/

ZH Nov. 4, 2015
Bitcoin is latest conduit for capital outflows from China

It peaked with the Nasdaq in late July and bottomed with the Nasdaq in August...
It's now down -20% from the overnight high of $500...

Another blow-off top...
Lockheed Martin...

Philip Morris
-6.5% reversal on the weekly chart

The bodies are going to start stacking up...