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.

Tuesday, March 22, 2016

The Status Quo is 97% Correlated To Oil

Speculators went all in on an oil rebound

CFTC Speculative Long positions / Price of Oil:
quandl.com/data/CFTC

Commercial shorts (producers) sold the rally
CFTC Commercial short positions / Price of Oil:
quandl.com/data/CFTC

ZH: March 22, 2016
Goldman: Sell Risk Ahead of Q2 aka. "April"

"Finally, Goldman points out something traders have been all too aware off: everything is an oil trade."

Oil/stocks correlation: 97%