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 6, 2016

Wall Street Will Shit A Massive Brick. Yes Again...

Going back to 2008 we see the exact same VIX triple top pattern followed by a rally headfake, and then the meltdown. The key difference in this cycle is that Skynet has done a much better job of crushing volatility after each spike, thereby ensuring mass complacency...all of which means that Wall Street will shit a much bigger brick this time...

Feb. 2008:
PonziWorld: VIX Uptrend

A year of volatility ignored

S&P downside gaps:

Percent bearish confirms the magnitude of bricks we can expect...

The original VIX (S&P 100) is more like 1987...