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, November 19, 2015

Flash Crash 2.0: Zuckerberg Shrugged

The number of stocks holding up this disaster continues to fall...

Equal Weight S&P (red) with market cap weighted...

At tops, the cap weighted index outperforms. For a while...

The ratio of RSP / SPY: A Colossal Divergence...

The ratio has been falling throughout this entire 2.5 month headfake "rally" i.e. since the day of the Flash Crash (where the blue lines meet):