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.

Tuesday, December 15, 2015

EXTREME VOLATILITY. All Time Low Liquidity.

CNBC: Dec. 15, 2015
The JPM Morgan "Wizard" Quant who "predicted" the August crash says that option positioning indicates DOUBLE normal volatility tomorrow (post-FOMC 2pm), although he doesn't know which direction(s). He also reiterates that liquidity across all asset classes is at all time lows.

Apart from stocks, I assume that the dollar will reverse sharply lower, especially relative to Yen and Euro...

ZH: Dec. 15, 2015
Long Dollar Trade Has Never Been More Crowded

$USDJPY (red) with 10 year Treasury yields...the farce awakens...