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, January 29, 2017

China Wants Their Money Back

China has exported roughly $1 trillion in capital in the past 18 months, now that is reversing, what effect that will have on global asset markets is TBD...

Recall what China's new capital controls did to Bitcoin (Yuan) at the beginning of this year...

Now the same thing is happening to global real estate...

China’s escalating crackdown on capital outflows is sending shudders through property markets around the world.

In London, Chinese citizens who clamored to purchase flats at the city’s tallest apartment tower three months ago are now struggling to transfer their down payments

China's first capital inflow since the currency devaluation in August 2015:

Meanwhile, the Trump trade is close to unraveling...

This is the dollar ETF:

"Globalization Can't Be Renegotiated"

USD (red) with S&P price momentum