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, May 2, 2016

100% Idiocracy: An Undying Faith In Money Printing

Printing money to create effortless wealth only works when you print an unlimited amount of it. No half measures will suffice...

ZH: May 2, 2016
Goldman Throws In the Towel on USDJPY Rally for Now

"Until the BOJ stops being so lazy with their money printing program, we are now bearish USDJPY"

In other words, $3 trillion of balance sheet expansion which is now backfiring and unwinding, is not enough. You can do more dammit!!!

The dumbest society in human history...
BOJ balance sheet (red) with USDJPY:

China unwinding visualized...

USDJPY can indeed fall much further: