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, December 20, 2016

Trump-o-Nomics: Steal From The Ultra Poor. Give To The Ultra-Wealthy

What did his supporters think that a sociopathic billionaire would do - make THEM wealthy?

Ha ha ha ha ha ha. Good one. Unfortunately, when this all implodes with extreme dislocation, they will discover he helped them become Third World peasants.

"Wait 'til you see what I bought this year. It cost me everything"

What Forrest Trump has done, in Econ 101 For Barely Lucid Fucktards terms, is he has crowded out global GDP with his proposed tax cut. Markets don't wait for inauguration day. And unfortunately, his new Goldman Sachs-appointed cabinet of 400 year-old industry whores doesn't possess the collective brain power to figure it all out. To them, the middle class and the rest of the world are just annoying distractions.

Be that as it may, using the Global bond fund as a proxy, we can easily see both the combined interest rate and currency effects of Trump-o-Nomics has had on global demand: