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.

Thursday, July 28, 2016

History's Biggest Bull Trap

Low volume and volatility are the order of the day, as the past two weeks features the narrowest S&P 500 trading range since 1995. In addition, this is the week of the Tech Moonshot, as Skynet is getting desperate to keep this shit show levitated. The last time we saw that was last July...

So far, Apple, Microsoft, and Facebook have gapped higher. After hours, Google and Amazon are joining the party...