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, February 22, 2016
Oil Is "Soaring". The Dow Is "Leaping". Leon's Getting Larger
Manufacturing at 2009 lows? Which stocks should I buy in CasinoConomy?
"Soaring oil", in the Old Age Home:
"You've seen this movie before"
"Don't tell us the ending"
(I had this conversation with my parents one time)
The Equal Weight / Cap Weight Ratio with the Wilshire:
JPY:
10 year yield
Transports
And a leaping Dow causing maximum pain for shorts and longs at the exact same time...full of sound and fury, signifying nothing...
"What do you mean there's no 'Conomy in CasinoConomy?"