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, September 8, 2016
666 Bottom. 666 Top.
The last time S&P (EMini) futures traders were this exposed was at the March 2009 666 S&P bottom. There's as much leverage at the top as there was at the bottom.