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, March 21, 2017

Bueller? Third Wave Down All Degrees Of Trend

2008 Deja Vu
Banks are getting liquidated in size

The Nasdaq gapped up to a new all time and then reversed hard down. Facebook and Apple couldn't hold the entire market up any longer...

Nasdaq with total market new highs:

S&P count

Dollar

Rates

Carry
USDJPY

NYSE above 50 dma (yesterday's close):

RISK OFF
Micro cap / Dow ratio:

Retail