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.

Thursday, January 25, 2018

Ponzi Implosion Is Right On Track

Gamblers didn't believe the bears who warned that implosion was very possible; so they went ALL IN to make it inevitable. Everyone has a role to play...

But, as always, don't take my word for it. Trump waved his magic clown wand and turned a big, fat, ugly bubble into an all new economic expansion featuring interest rate hikes and Fed balance sheet rolloff. Anyone who trusts this casino croupier deserves their certain fate...

Every sector and every risk asset on the planet has been inflated to the maximum extent possible. This will be the first collapse of "everything" risk, at the exact same time. Rotation need not apply...

First, reviewing the volatility set-up:

Long-term