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 4, 2016

Stair-Stepping Towards "Sumamabitch!!!"

Two gap down opens in a row compliments of Europlosion...

Global Dow:

U.S. versus rest of World:

Emerging Markets are getting pole-axed this week...down almost -5% so far...

S&P Momentum

Financials

Transports back below the 200 day...

Apple right at the $94 support line...

Ameritrade: Gamblers are used up...

The Nasdaq Count
I think we all see where I'm going with this...we only have two prior examples to look at, so it's not exactly rocket science...