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.

Saturday, May 14, 2016

The Tool Or the One That Follows Over And Over Again?

Markets will determine when this shit show ends, not proven EconoDunces data mining bogus statistics for a comfort-seeking Idiocracy...

All of the largest cap stocks were down on Friday, except Apple which was down every other day last week...

Based on the bogus retail sales data that came out Friday, the Atlanta Fed now says that GDP growth will be almost as high as the deficit.

Treasury yields are not impressed...

Blackberry and Apple. Another late cycle gadget bubble...