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, June 30, 2016

BEYOND Idiocracy: Recession Momentum Trades

We're six sigma beyond Idiocracy...

Global deflation, bond yields, oil, Yen, Yuan, Stocks ex-U.S., GDP, Global Trade, Europe, Financials, Tech, Retail, Transports, Energy, Retail...
OR
"I'll take S&P 500 for everything Alex..."

Recession stocks are now momentum trades, in CasinoConomy. What else could they be?

"From a chart-oriented perspective, "These are momentum stocks,"

"Dollar store stocks are surging. Dollar Tree hit an all-time high on Wednesday, and Dollar General hit a record high on Tuesday, as investors may look to retreat into safer stocks during a turbulent time in the stock market."

"I'm retreating into safer momentum stocks"