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.

Tuesday, March 6, 2018

Blow-Off Top. In Tech

As it was in March 2000, the Dow aka. real companies faltered early. Tech continued higher for several weeks longer and then imploded spectacularly. The difference of course between now and back then is that the gamblers now will be hiding in GoDaddy when the recession begins...

The most important chart right now is this one depicting the narrow exit gamblers must navigate to get out of the casino...

In other words, as long as Netflix doesn't implode, this will all be fine...

"Safe haven"