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.

Monday, April 11, 2016

GLOBALIZATION Is Dead On Arrival

"A lot of what you do see in terms of the profit growth you do have now is engineering," such as stock buybacks and global labor arbitrage"

"There's a demographic thing going on here...the boomers, all at a point where they have to be putting money into something...it's very rational to be buying stocks. It sounds crazy. You say, 'Wow, there's no earnings growth,'"

“Since last year, people haven’t paid much attention to earnings, but some day they will change their minds and can start paying attention, and that’s when earnings will matter again,”

This will be the most devastating financial collapse in human history without any comparison...

Earnings Yield (E/P):

P/E of the last sector holding this entire shit show up...