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.

Tuesday, June 7, 2016

Globalized Ponzi Implosion In Kardashian-Time

Formerly known as "real-time"...

World Bank June 7, 2016

"The World Bank is downgrading its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows."

Global GDP with Commodities:

"We're dumb beta - fully decoupled from Globalization"

German 10 Year Yield

For the moment, investors are loading up on both bonds and stocks, with the Fed seemingly sidelined and the European Central Bank rolling out yet another easy-money program Wednesday.