Monday, January 15, 2018

The Sum Of All Fools

What happens when 1987, Y2K, 2008, 2011, and 2015 are tied together using maximum leverage? Hang tight...

Absent a real global economy, Global Central Banks succeeded in monetizing 0% poverty capital into human history's largest simultaneous asset bubbles. "Everything" at the same time. To say that this will be a hard landing is an asinine understatement...

First off, driving this entire global reflationary charade is the oil futures market.

Any questions?

Not to be outdone is the echo housing bubble:

The echo retail bubble

The Keynesian bombing of foreigners bubble

The echo construction bubble

The echo Emerging Markets bubble

The echo Biotech bubble

The echo IPO bubble

The echo tech bubble

And, of course, BitCasino, TitCoin, Fucktoken and so forth...

All tied together, by the short volatility bubble and a tax cut for the ultra-wealthy.

What else?