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

More Dollar BULL Shit

The long dollar CARRY trade is stranded on colossal self-delusion...

The dollar is at a 12 year high...
In the last rate rise cycle 2004-2006, the dollar never reached the current levels, even with rates at 5.3%. When rates started rising in 2004, the dollar fell:
Dollar index with Fed Funds rate

Shanghai Composite with US Dollar

Shanghai Composite with US Dow