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.

Thursday, October 27, 2016

The Last Fool Was Found aka. NO LIQUIDITY

Wall Street couldn't resist dumping more shit into a weak market, so the biggest IPO of the year just imploded...

Red alert:

Maximum risk exposure
Extreme complacency
China currency out of control
Oil rolling over at record inventories
Yield implosion
Deutsche Bank dead cat bounce

It's a bad idea to price an IPO when risk appetite is collapsing...

Small cap growth / Dow: