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, January 27, 2016

Global Ponzi At MAXIMUM RISK

Oil is crashing because of China (lack of demand). China is crashing because of oil:

This just in: oil shorts will be glad they covered...

Last night...

Reaching full downside alignment:
~~China~~
~~Oil~~
~~Momentum Stocks (FANG)~~
~~Yen carry~~
~~Short-covering~~
~~Stock buybacks~~
~~Apple~~
~~ECB, PBOC~~, Fed, BOJ

Before the close:

After the close:

Meanwhile, the Fed announces the results of their latest circle jerk tomorrow afternoon. Markets will be volatile before, during and after the meeting.

The global casino all hinges on this one chart...

Oil with the S&P 500:

96% correlation. 100% short covering...

Wilshire 5000