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.

Tuesday, November 22, 2016

Occupy Greedthink

A tiny blip in wage inflation - likely due to regional minimum wage increases - has caused stoned zombies to go ALL IN at the end of the cycle. The irony can't be overlooked...

Russell / Dow ratio:
Small caps outperform early in the cycle, blue chips outperform at the top, small caps rally at the end aka. short-covering...

The reflationary false dawn:

Dozens of small banks made new highs today...

Compliments of overpaid morons blowing smoke up each others' asses...Greedthink: