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 29, 2016
Free Money Forever: 'Conomy Sold Separately
This is when it gets interesting...
Amazon top ticked the last three rallies. I'm sure it will be different this time. But I'm even more sure that the Idiocracy will believe it's different this time... July, December, February, ?
Alignment of the Nasdaq third wave (above) with the defensive stock reversal (below) will initiate S&P third wave...