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.

Wednesday, April 13, 2016

The Last Drop of Liquidity: Capitulating Bears

We saw this movie in late August and late December, just prior to vertical drops...Volatility crushed, this time ahead of the big Doha circle jerk...Skynet's last source of liquidity - capitulating bears...

Global Dow was playing catch-up to the U.S.