ZH: Dec. 9, 2015
Dollar Weakness Is Accelerating
Wall Street's most crowded "no brain" trade for 2015 is now being unwound violently. Euro and Yen are screaming higher...
Dollar/Yen
Euro carry trade
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.