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.

Tuesday, April 5, 2016

Deutsche Bank And Credit Suisse Going Full Lehman

WSJ April 4, 2016
In a Difficult Year, These Two Will Have It The Roughest

"Based upon first quarter revenues, 2016 could be worse than 2008 for global investment banking"

3 month IPO count with Russell Small Cap Growth index i.e. weaker than 2008...

Deutsche Bank is going to 0 Euros

Credit Suisse is right behind...

The broker/dealer index aka. "Wall Street"