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 16, 2015

The End Of Globalization aka. Re-pricing Insolvency

Has never been closer at hand...

Denialistic buffoons have been trying to catch the bottom in oil all year, and now they're on the verge of getting buried...

The irony that cheap oil is the catalyst for ending the status quo cannot possibly be overlooked. Industry buffoons overinvested $trillions of 0% poverty capital into oil exploration and production, which imploded the entire fucking industry when demand didn't show up. Shocker.

One chart to rule them all: "Got margin of error?". Unfortunately, when volatility explodes, "hedging time" is over and price explodes lower...

Oil with oil volatility

Oh my, look at all of this energy sector debt aka. junk bonds...

Rule #1: Follow the money. Down the shit hole...
Oil industry revenues/share (red) with oil price: