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.
Friday, January 8, 2016
Terminal Idiocracy
Because when global markets are in meltdown mode, that's a clear sign that the "best is yet to come"
Global Dow
52 week range of average S&P stock with interest rates