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.

Sunday, May 1, 2016

A Flash Crash MegaPlosion @ Third Wave Down

Every sector is about to take a hit at the same time and "no one" sees it coming, too busy piling into junk bonds. This should be interesting...

Below are the largest U.S. stocks by market cap i.e. the only stocks that really matter:

These were all down on the week except Exxon, Amazon, Facebook and At&T all of which had high volume key reversals this week...when these are all red at the same time, it's game over man...

In order of size:

Tech