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, May 11, 2016

FINAL Collapse From All Time Highs aka. Third Wave Down

This will not be the beginning of the bear market, this will be the end. The third wave at all degrees of trend is the collective realization that the trend is now down. We can rest assured that the fewest number of people will see this coming...

August and January didn't reap panic, but this will...
Ovelapping degrees of failure visualized. This level was first crossed in November 2014. Wave 2 (green) ended right here in December:

Of course, this isn't just about U.S. stocks, this is about Oil, carry trades, commodities, junk bonds, municipal bonds, China, "RISK"...

World ex-U.S. with S&P ETF:

The fewest number of people will see this coming. 0% was a long rope they could wrap around their necks to go bungee jumping. So they did...

Cash balances: