What? Me worry? [Updated end of day]
Weekly oil price with volatility
U.S. Oil ETF new all time low:
Volume x price left side:
Junk bonds new low:
Frackers new low:
Pipelines are in melt-down mode:
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.