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.

Thursday, March 31, 2016

A Wafer Thin Flash Crash From Final Implosion

And we already know where it's going to come from...currency reversal:

The month and quarter ended today, so according to the Efficient Bonus Hypothesis, the market should roll over any minute now +/- tomorrow's jobless report...

Yen carry is the ONLY part of the global risk trade that didn't rally in the past 8 weeks. Meaning there's some catching down to do. And that is going to happen "off hours"...

Only one of these will be right in the end...

Aussie / Yen aka. "China"

Yuan with Aussie / Yen

Oi !!!

Trend gaps from the last two sell-offs, 20+ downside points...

Each spike in price / volume occurred during a low volume/volatility period, which was followed by high volume/volatility: