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.

Saturday, January 16, 2016

Financial Deathstar 2.0 Damage Report

"It was a collapse in broad daylight"

New 52 week CLOSING lows, weekly basis:

Dollar / Yen
Yuan
Canadian dollar
Russian Rouble
EM currency
Aussie dollar

EM debt
Junk bonds
Leveraged loans

WTI Crude
Brent crude
CRB all commodity index
Baltic Dry Index

S&P 500
Dow Industrials
Nasdaq
Nasdaq 100
Russell 2000
Wilshire total market index

Global Dow
European Stoxx600
Emerging Markets Composite
Shanghai Composite
Bombay Sensex
Hang Seng (Hong Kong)
TSE 50 (Canada)
Aussie All Ordinaries

Transports
Energy
IPO
Materials
Resources
Biotech
Commercial vehicles
Financials
Construction
Homebuilders
Machinery
Pharmaceuticals
Retail

European Stoxx600 composite:

Canadian stocks

S&P 500 w/ 50 week moving average

S&P with down volume / total volume:

U.S. GDP after the close on Friday
Cut to .6%