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.

Thursday, May 19, 2016

August Deja Vu: Volume, Volatility, Panic?

China is devaluing their currency nightly, volume and volatility are picking up to the downside, tomorrow is Options expiration, complacency is rampant. All deja vu of August...

ZH: May 11, 2016
"Should the VIX Rise above 20, Liquidity Would Get Cut In Half"

Skynet used every device in its arsenal to take back 2040 today...

Really, what could go wrong?

FULL THROTTLE
Skynet used the low TRIN (red) to crush volatility, but not so much...

Oil fell then bounced today, where else...

Consumer staples bounced today. Where else...

Stair-stepping to the Elliot Straight Down Wave aka. Gap 'n Trap:

I need not remind anyone that this is not actually August and the same outcome will not obtain...

Global Dow is almost back to August LOWS...

People lie. Charts don't lie: