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.

Friday, August 5, 2016

Because "There Is No Alternative" To Self-Implosion

A year of risk ignored at maximum complacency amid the lowest volume and volatility in over a decade...

The World ex-U.S. was down this week, but why should that matter to fake-believe?

Oil and deflation have had a good short-covering bounce...

Junk bonds rolled over on heavy volume...

Yield rolled over, but the VIX ignored it...

The Yen Carry Trade aka. "China" was not impressed...as fake-believe is getting weaker and weaker...

The world's riskiest bank, Deutsche Bank plumbed new lows this week, totally ignored...

Tech moonshots all around, as the five horsemen of Tech are now the largest market cap companies on the planet...Apple, Google, Facebook, Microsoft,

Amazon:

Energy aka. "Exxon" rolled over with oil, meaning that the Dow's new 'All time high' was massively unattended by Energy, Transports, Financials, Commodities, Retail, Materials, Pharma/Healthcare, Homebuilders, Cyclicals, Automakers, Junk Bonds...