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.

Wednesday, December 2, 2015

"No One Told Me This Was All Fake"

"When the economy refused to float back from China, they just imagined one instead..."

Idiocratic Full Employment:
When people can no longer find jobs, then the economy has reached full employment

This just in:
Fed's Lockhart: "We've reached full employment"

You can't make this shit up...

Labor participation rate with foodstamps:

Part-time for economic reasons i.e. can't find a full time job...

Labor participation rate by age group: Red line is 25-54 year olds...

Total jobs relative divided by U.S. population:

Interest rates and jobs:
Idiocratic belief of the day: "Monetary policy is really helping the job market"