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.

Friday, January 6, 2017

Hell To Pay For Dow 20K

Globalization was an attempt to monetize poverty that got monetized by poverty...

Stop me any time:

Today's weaker than expected jobs report and far weaker than expected factory orders confirms that the Trump reflation is a total fraud. The dollar is the means by which the U.S. imports global poverty. Therefore, the "reflation trade" was strictly financial. On the economic side, it had the exact inverse effect - deflation.

Here we see financial deflation expectations as imputed from bond yields (red) with the inverse dollar. As dollar rises (black line moving down), generally deflation moves lower as well UNTIL Brexit and Trump's proposed tax cut drove massive monetary policy divergence, as the U.S. was flooded with global liquidity...

All of which was just another headfake in a long line of headfakes...

Wage CPI with bond yields:

Algos are taking their time unwinding volatility as the casino hangs by a thread at all time highs...

S&P:

Nasdaq