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 21, 2016
The Idiocracy Will Believe Anything. Except The Truth
This entire stock market rally since 2007 has been a momentum con job fuelled by Central Bank *free* money which is paid for in jobs... CNBC: June 21, 2016 U.S. Stocks Only Safe Haven "There is no alternative"
Speaking of momentum casino, oil is tanking again today...
Here are the current speculative futures long positions: