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.
Monday, March 7, 2016
Stage Last: Speculative Blow-Off aka. Throwing It All Away
As always occurs at the very end of a "rally", the speculative junk goes parabolic... These are the "leading" stocks right now:
