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, July 12, 2016

August Do Over @10x Risk. RISK IS BINARY

Good times...
Last summer everything was going great until China started devaluing their currency. One year later and what's changed? U.S. stocks are at a new all time high, while EVERYTHING else is lower...

Global stocks are lower

Oil and commodities are lower

Global financials are lower

Global GDP growth is lower

Deflation is lower

Global yields are lower

Corporate profits are lower

Dollar / Yen is lower
Junk Bonds are lower

Transports, Tech, Biotech, Retail, and Financials are lower

And perhaps most importantly, the currency that caused all of last year's turmoil, the Chinese Yuan is lower: