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.

Monday, March 13, 2017

In Clowns We Trust

All Ponzi schemes end suddenly and violently. This one will be no exception...

Ponzi schemes end when gamblers all want their money back at the same time but then realize that there is no money. There were only ever marginal fools willing to pay asinine prices for worthless pieces of paper...

While being totally unhedged:

The Nasdaq VIX reached its lowest level ever today, since the "anachronistic" concept of hedging is out the window...