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, October 11, 2016
Aside From Everything. What Could Go Wrong?
S&P
Dumb Beta with VIX
Yield Short-term with selling intensity (gray line):
Long-term
Deutsche Lehman
Facebook and friends with inverse VIX:
Currency (GBP ETF)
Leveraged oil:
Nasdaq 100 with cash balances
Season of the clown...
October 2008 and October 2016: