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 6, 2016

Third Wave Implosion Tracker

Reality is hunting the Idiocracy to extinction...

Today's low volume short-covering rally was all about filling yesterday's downside gap. What else?

Once again, all open gaps are to the downside. Why selloff during the day, when you can selloff overnight, ahead of everyone else...

I think we all see where I'm going with this...

The VIX filled its gap as well, deja vu of August...

Relative to the article above, as I pointed out today, small cap volatility is low, but the VIX is even lower, making the ratio a key signal:

RVX/VIX: