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.

Sunday, December 18, 2016

The Casino Is Going Out Of Business

There's no one left to con...and if it's not a dead-end 1950s stock, it's not getting bought...

This was the worst year for IPOs in over a decade - worse than the great recession of 2009...

http://www.renaissancecapital.com/ipohome/press/ipovolume.aspx

IPOScoop: Holiday Markdowns
"Of seven IPOs that were priced and started trading in December, four got done at prices below their original terms. These four deals were cut to meet limited demand"

Best performing IPO of 2016:

One year to exactly nowhere...

The IPO Mutual Fund

China risk: World's largest IPO: Alibaba (2014)

The growth / value ratio with IPO Mutual Fund

Schwab with IPOs