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

Extend And Pretend To the End: It's Just Easier To Fake it...

Central planners are attempting to artificially extend the business cycle. EconoDunces unanimously believe they can do it...

The widespread delusion we live under is that if interest rates never rise then the "expansion" can go on forever. It would be the first indefinite expansion in world history.

Corporate profits % of GDP:

Inventories - sales

GAAP (Real) Profits