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.

Sunday, March 27, 2016

Why It's Called "Globalization"

Back in August, -7% of S&P downside originated "off hours", as evidenced by the three downside gaps (black rectangle). In January -5% of S&P downside originated "off hours", via three downside gaps as well...

At the beginning of each down wave, most of the S&P selling was taking place in other time zones...

S&P 500 with large (>20 points) up gaps (black) and down gaps (red):

Bloomberg: "Aussie is seen as a proxy for the Chinese economy..."

Aussie Dollar / JPY

Aussie is also a proxy for the S&P 500...

USD / JPY
I think we all see where I'm going with this...