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.
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Thursday, April 28, 2016
The Freaks Come Out At Night
We interrupt this low volume circle jerk to remind gamblers that the sellers are all BELOW this market. And the BOJ no longer has its finger in the dike...