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

Third Wave Implosion Tracker

The story today was the major breakdown in the USD/JPY. Oil had a counter-trend bounce, but tomorrow is the first day of ETF rollover which should put pressure on "oil" aka. the front month. All global risk assets are rolling over in synch, as momentum builds to the downside...

Just to make this abundantly obvious to even the most stoned zombies who won't see this coming...the S&P rolled over EXACTLY where it rolled over in August and literally almost exactly where it rolled over in December, blue horizontal line...the first overnight gap was registered this morning...