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.
Tuesday, March 8, 2016
.25% Recovery @ MAXIMUM THRUST
Bulltards are going bat shit about their "breadth thrust" technical indicator firing. As we learned in October, a breadth thrust in a bear market is a Shanghai Surprise - Mega-dunces throwing their life savings at the casino while pretending to be temporarily wealthy... Maximum stimulus: Fed Funds (blue) with Fed balance sheet (red):
.25% Obama recovery visualized HINT: It's the same as Bush's - 7 years of non-stop bullshit, followed by maximum implosion
"What do you mean printing money isn't the secret to effortless wealth?"
Maximum breadth thrust(s) visualized:
Emerging Markets with NYSE Momentum (red) upper pane.
Blue vertical lines show the last two Zweig Breadth thrusts...
Shanghai Surprise: "I'm rich!!!"
This is the Idiocracy and the stock market Wall Street is the guy holding the camera...
"Oh my god, dude..."