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
Escape From Reality
I bailed myself out in Y2K by buying video game stocks. They're the only growth stocks that do well in a recession... Activision
Nasdaq % of stocks above 50 day moving average
"When I was a kid we had this thing called real reality"