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.

Friday, March 18, 2016

Shanghai Surprise: Dollar|Yuan Devaluation

Market are in RISK OFF mode, the Risk cycle is over, so Central Banksters "incentivized" gamblers to go ALL IN...

"This “Shanghai Accord” to weaken the greenback was aimed at calming the financial markets"

In other words, Global Central Banksters just devalued the Yuan relative to every other currency except the dollar...the same procedure that monkey hammered markets the last two times (August/January)...And I'm sure that unwinding the two year, long dollar carry trade won't have any side effects...

Yen / Yuan

Yen / Yuan with Japanese Nikkei

Yen / Yuan with European Stoxx Composite:

Dollar / Yen with S&P:

ALL IN Visualized
Option Skew

Mind the gaps