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.

Wednesday, April 26, 2017

Betting It ALL On Magic Unicorns In Fairyland

The current risk set-up consists of a 2008 short-covering rally in banks, a Y2K blow-off top in Tech, and a 2014 meltdown in Commodities...

Shorts are covering ahead of tonight's BOJ meeting and tomorrow's ECB meeting. In the meantime, Trump just unveiled his magic unicorn...

"Not only can that not pass Congress, it cannot even begin to move through Congress. This is something that actually cannot be done."

Banks

Nasdaq

Commodities

Since my latest wave count was fragged by Skynet and Magic Unicorns, I'm falling back on the old school gap 'n crap: