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.

Thursday, January 28, 2016

Denial Is 100% Correlated To Meltdown

~~Oil~~
~~Apple~~
~~Biotech~~
~~China~~
~~PBOC~~
~~ECB~~
~~Fed~~
Bank of Japan

~~FANG/Momentum~~

This just in: Following Facebook's earnings beat last night and everyone piling into that piece of shit today, now Amazon is getting shellacked...

Paging billunaire wunderkind Jeff Bezos, your 20-year old company has to make something called profits, eventually. Anyone can import cheap junk from China and sell it on the internet for a loss. The direct-from-China stock with a 1000 P/E ratio, selling dollar bills for 90 cents, doesn't make any money. It's shocking, really...

The Growth/value ratio keeps falling aka. "derisking"

China is melting down again, but fully ignored, since we're decoupled from reality...

Shanghai Composite with S&P:

Close-up view:

All of which means that the Bank of Japan has to save the world, from itself. Tonight (Today in Japan)...