Wednesday, August 31, 2016

The Last Nail In The Coffin For The Idiocracy

Including Brexit, there have been three volatility cycles in the past 12 months - all got bought with both hands. This will be the last one...

But first, there is yet another G20 circle jerk this weekend in China. This one is for heads of state whereas the ones in the Spring were for financial alchemists and ministerial peons. Nevertheless, these boondoggles serve to give the illusion of doing something while accomplishing nothing whatsoever. Which is the Idiocracy's sole aspiration in life. And therefore, what we can expect upon final meltdown is what I call the "David Cameron effect" as exhibited post-Brexit. A bunch of vacuous posers abruptly quitting, leaving a massive void of leadership and a jilted Idiocracy - except on a global basis. It will be fun, you'll see...George W. Bush will tear off his Obama mask and say "I got you again, dumbfucks"...



In the meantime, one of these volatility cycles is not going to be like the other three:


BTFD visualized:
Cash balances inverted
I circled cash balances ahead of the last three dips that got bought...