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.

Saturday, February 20, 2016

Appetite For Destruction: "Things Are Out Of Control"

Elliott Wave Is In The House...

Rydex Bull:Bear asset allocation
Shellacking visualized:

One year ago...
"There are times when one must invest other people's money in Imagined Realities, such as Chinese internet stocks, knowing full well it will end badly..."

Rydex daily: Slight disconnect recently...

The S&P /Treasury ratio:

"Who Wants To Be A Central Bank Muppet?"
Central Banks used drip feed levitation to boost asset prices to asinine levels totally unsupported by decaying fundamentals. Now Elliot Wave (Social Mood) will unwind this fiasco. Post haste. One is measured in billions, the other is measured in trillions.

I call this chart, "Bubbles":

I suppose we should add Special K to the list of bubbles, now sporting a P/E of 73. Here is the Kelloggs/S&P ratio. It peaked during the middle of October 2008 i.e. 3,3,3, down.

"What do you mean there's no 'Conomy in CasinoConomy?"