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.
Thursday, February 2, 2017
Third Wave Down Across The Board
Ameritrade. What else?
The Nasdaq is key, since it's gripping the Trump rally trend line going back to November...
S&P
High Beta (Banks, Energy)
Oil
Dollar
Meanwhile, trouble in paradise...
"I am the star of the Apprentice, I can fix the world"
