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, December 13, 2017

The Scylla And Charybdis of Dumb And Dumber

The tax cut and the rate hike are both now "priced in" to the casino. Meanwhile, currency and bond markets are a tad skeptical about raising rates on the middle class while lowering taxes for the ultra-wealthy. But unfortunately, the ill-fated Idiocracy is trapped between the Scylla and Charybdis of dumb and dumber. And they don't trust anyone who can be trusted...

Because we all know how bullish Fed rate hikes are:

Overnight Risk Deja Vu: