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.
Wednesday, March 30, 2016
The Housing "Recovery"
This is what awaits all of the countries that didn't learn from 2008... U.S. New Home Sales
Home Builder stocks
Home Prices At the same level as they were 11 years ago...
