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 20, 2016

Global RISK OFF: Locus of Overnight Risk

Last night...
Jan. 19, 2016: Japan Times
Mr. Yen Says Era of Weak Yen Is Over

“As long as the yen doesn’t break 100, there won’t be a problem"

Dollar/Yen just bounced off 2014 support...

Yen hourly
It was a meager bounce, to be sure:

Yen with S&P
Hourly:

Aussie/Yen