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.

Tuesday, November 24, 2015

Carbon Neutral: The Only Way To Fix The Middle East...

"While failed empires converged on a smoking crater referred to as 'Syria', little did they know that their entire way of life was being re-priced in real-time. Their final lesson was realizing that they were never more than exceptional fools..."

The markets dodged a bullet today thanks to the rally in oil...

The solution to the Middle East and to exceptional tools, is collapsed oil...

This just in after the close...

ZH: Nov. 24, 2015

Crude Slides After API Reports Another Huge Inventory Build

Oil with oil implied volatility (red)...

Production (red) with Storage (black), which is still climbing. Blue circle shows the last time when oil bottomed in 2009...

If the dollar weakens won't oil rally?

Normally oil is inversely correlated with the dollar as shown below with inverse dollar and oil. The blue circle shows the last extreme low in oil i.e. the last time oil hit $12/barrel the dollar was weakening which is the exact scenario I expect now: