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 9, 2015
Terminal Idiocracy: "What The Fuck Were They Thinking?"
There was a brief time at the top of the arc of the Idiocracy when I started to feel insane. And then I realized we live in an insane asylum which is run by the biggest psychopaths on the planet The American Dream has morphed into the American manic self-delusion, and it's global.
Arc of the Idiocracy visualized aka. printing money as the secret to effortless wealth...
S&P average stock:
Equal weight S&P (red) with cap weighted (black):
Emerging Markets with oil stocks:
Treasury:Junk bond (price) ratio:
U.S. deflation rate (red) with 1 Year Treasury yields (black) (log scale):
S&P % of stocks above 200 day moving average:
Transports (monthly): The blue vertical line shows the last time momentum (MACD) was this bad...
Russell 2000 small cap: Below where it was two years ago...
Price / volume
NYSE Composite with internals:
Amazon versus Macy's aka. "What the fuck were they thinking?"
The exits from the hotel Californication are almost closed...