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, November 19, 2016

CHART OF THE WEEK

As always, hard to pick just one, however, this chart of regional banks explains small caps outperformance, the reflationary false dawn, and short-covering, all in one glance:

"There's a light at the end of the tunnel"

Of course that rate hike never actually took place...

By definition, an Idiocracy can be fooled as many times as you want...

Google Trends: "reflation" (red line)