Hedge Fund Redemptions On Track To Match 2009
"The transition from active management to passive has been devastating"
The Ackman Fund
The Icahn Fund
"Hedging"
Dumb Beta aka. Buy and Implode:
Belief in Central Banks is TOTAL:
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.