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, July 31, 2016

Nowhere To Hide

Wall Street's "Safe" energy play imploded late last week. Exxon, the only Energy company still making money posted its smallest profit since 1999, missing analyst expectations by 35%...

The Exxon/Energy sector ratio has rolled over...

U.S. Stocks were 100% correlated to oil back in January. Currently they are negatively correlated, with stocks rising despite oil's accelerating decline...

Only a tool assumes that will continue now that Exxon is rolling over...

Nothing matters until it collapses...