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.
Tuesday, September 20, 2016
Eight Years Of Hopeless Bullshit
Obama's presidency will be remembered as the eight years during which the Developed World middle class went bankrupt compliments of 0% poverty capital, while he made speeches and blew smoke up everyone's asses non-stop...
"Two degrees left rudder"
Speaking of eight years of bullshit at 0%, tonight/tomorrow is the Bank of Japan and Fed's latest circle jerks.
The current market condition can only be described as NO LIQUIDITY: