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 5, 2015

No Bid Market

"At the end they hedged risk by buying Amazon shares"

Those expecting this to end spectacularly, won't be disappointed. The volatility trap is set...

The marginal willingness to "sell" forward volatility has already been substantially diminished, even with the Nasdaq 100 at all time highs. A preview of the no bid market when hedging becomes instantaneously impossible because there's no one on the other side of the trade - Anyone who wanted to be an idiot (by selling vol) has already been an idiot:

3 month forward volatility futures:

Inverse volatility ETF aka. "No ROI"

Way too late to hedge...
Index put/call: