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, June 22, 2016

Free Trade. Free Money. And Santa Claus.

Those who still believe in *Free* Trade and *Free* money, are the last to figure out, that it will only cost them $Everything. Which is somewhat the opposite of *Free*. They are history's biggest self-absorbed dullards, and the last to know...

Manufacturing jobs (blue) with Labor Participation rate (red):

Wages as % of GDP (red) with Manufacturing jobs (blue)

China's FX Reserves

China and the other Asian mercantilists only sell to idiots, they don't actually buy anything from them...

Wednesday, June 22, 2016

*Free* Trade. *Free* Money. And Santa Claus.

Free Trade. Free Money. And Santa Claus.