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.

Friday, June 24, 2016

PANIC TIME: Smash Crash From All Time Highs

Which country is the most leveraged? The one whose stock market closed at the all time highs yesterday. Therefore, after the first hour when hedges are monetized, losses will very likely accelerate.

According to ZeroHedge, most puts are deep out of the money and expire TODAY. Meaning that gamblers will be MASSIVELY underhedged going into next week. And of course when volatility spikes out of reach, the only option left will be "SELL"...

Exceptional Stupidity: