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, June 22, 2016
"Remain" Was Bought With Both Hands
The British Pound reached its highest level of 2016 today. Meaning the best case scenario ("Remain") is 100% priced in to global markets. Brexit is not an option...
