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.

Friday, November 6, 2015

Countdown to "Liftoff"

The much "better than expected" jobless report catapulted the dollar higher. Commodities and Emerging markets are getting hammered. Nothing like seven years of delayed higher wages to implode fake wealth...

"The S&P 500 can't handle a good jobs report"

Seven years of fake wealth can't handle interest rates at .25%...

Average S&P stock with interest rates

Aussie / Yen: Carry trades not happy...