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.

Monday, November 21, 2016

NOPEC Bets At Record High

WTI Crude Futures Open Interest just hit a record high last week...

All compliments of fake optimism over another fake OPEC deal...

As a reminder, the U.S. Department of Energy expects record Global production in the current (fourth) quarter...meaning that OPEC/Russia et al. will now agree to "freeze" at an all time high...

Vertical blue line is one year ago: