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 20, 2015
Unhedged Funds: Then There Were None
"At the end they all piled into the same two stocks and were shocked I tell you, when it all collapsed with extreme dislocation..."
eBay P/E Ratio: 16 Amazon: P/E: 946
"Come on Dec. 31st..."
The Idiocracy's fountain of knowledge aka. Google
"Collapse is what happens while making other plans"