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, September 15, 2017

America Incorporated Has Nothing Left To Sell

America has turned into a multinational corporation wherein the only policies that get implemented are those that benefit ultra-wealthy shareholders. Eventually you run out of people to exploit...

ZH: Hard Economic Surprise Index Collapses Back To March 2009 Recession Levels

For those who remember, that was when the S&P 500 bottomed at 666 as stunned zombies sold their souls to keep the party going. Today of course it made a new all time high.

"Because the new bullshit market is just getting started"

This week my "buddy", hedge fund manager, Hugh Hendry capitulated. He's had enough of the blue pill and imagined realities. I would parse his latest bullshit, but since I don't agree with anything he's ever said, I'll pass.

It's ironic timing because:

ZH: Gamblers Have Never Been More Delusional

"An unexpected decline in August retail sales and downward revisions to the prior two months mainly reflected weaker results at auto dealerships"