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.

Monday, January 18, 2016

The Hardest Landing

Stocks have peaked before profits (Y2K). Stocks have peaked concurrent with profits (2007). But stocks have never peaked AFTER profits. Until now. Central Bank dopium kept gamblers in the casino too long...

"sumamabitch!!!"
GAAP Profits with S&P

Distribution
Institutions started selling when profits peaked
Up volume / total volume

The trend is down, because the cycle is over...
Corporate profits (quarterly) year over year change

The Dow's Q3 (Ending Sept. 30th) revenue declines (20/30 stocks):
http://us.spindices.com/indices/equity/sp-500