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, December 3, 2015

Carry Trade Meltdown ("Overnight") Risk

The ECB's circle jerk today tanked the dollar as Euro-based gamblers didn't get any additional monthly stimulation...

Europe sold the U.S. off-hours, the U.S. is selling Asia off-hours, Asia will sell Europe next etc...

Dollar / Yen is going into liquidation mode, circa August...

S&P and Dollar/Yen have recoupled. To the downside