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.
Sunday, January 17, 2016
Corporations Are About to Get Right Sized
Globalization is dead:
"Sell all rallies" Corporations are about to get down-sized. For Good. S&P Profits w/Fed Funds rate
Leveraged Loans aka. Stock buybacks and *special* dividends
Inventories - Sales
Capacity utilization with interest rates "Low interest rates help the economy" Unless it's being outsourced...