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.

Saturday, October 22, 2016

Party Like It's 1999 x 2008...

In a staggering deja vu of Y2K, AT&T just agreed to buy Time Warner for $80 billion. AOL's takeover of Time Warner at the Y2K peak in February 2000 was the greatest market timing move of all time, as AOL's bubble valuation crashed immediately thereafter...

First, some context...

This is the U.S. stock market adjusted for Federal debt and inflation with the Labor Farce Non-Participation rate:

This is corporate profits baselined to GDP aka. "Shock Doctrine":

First the Y2K part:

Time Warner (I drew in the buyout price pending Monday open).

AT&T just paid a 100% premium over where the stock was trading this past February...

AT&T

Microsoft

Priceline

Amazon

Now the 2008 part:

Lockheed Martin

JNJ

Y2K x 2008 = 2016

NVIDIA