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.

Saturday, June 25, 2016

LIMIT DOWN: "Bought The Fucking Brexit"

Skynet versus Elliott Wave (aka. "Panic"), Monday. Game on...

Traders came into this fiasco massively wrong-positioned. So what did they do? They just made up a reason to be bullish and bought the dip. What else?

ZH: June 24, 2016
Today Was All About Monetizing Hedges. Monday Will Be The True Test

Deja Vu of August, they bought the market limit down. Except it's not August and instead of a V-shaped recovery, it rolled back over...

S&P 500 futures showing overnight and today...