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.

Sunday, June 26, 2016

Stoned Zombies Waking Up. For Final Collapse...

Globalization is a swaying house of cards ready to collapse with extreme dislocation...the locus of risk is in the currencies and the untold trillions lent across borders at 0% over seven years. No one has any clue the amount of loss and dislocation caused by six sigma currency moves on a daily basis...human history's largest margin call is now underway...Bloomberg noted earlier today that the correlation between GBP/Swiss Franc is 100% with S&P futures. Who knew?