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.

Monday, November 9, 2015

Moonshots Of Overvalued Junk aka. Prefab Collapse

In order to design the fastest most brutal crash ever, one would do exactly what has transpired - tank the majority of the market and keep the indices pinned to all time highs with moon shots of overvalued junks stocks having either declining revenues or P/E ratios measured in hundreds...

What could go wrong?

The NYSE Composite is at a level first reached a year and a half ago. % of stocks above 200 dma has rallied back to pre-Lehman levels...
NYSE Composite w/%of stocks above 200 day moving average:

"Sumamabitch!!!"
NYSE Composite with S&P

Energy stocks / oil price aka. "short-covering:
Historically overvalued, with no prior comparison (over 20 years):

"Because no blind man saw that coming"
Internet stocks versus all commodities: