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, August 21, 2018

Then There Were None

On the eve of the longest bull market in history, this has been the most anticipated all time high in history...

Some history:

Japan Nikkei: All time high 1990, cycle high Jan. 2018

Shanghai Composite: All time high Oct. 2008, cycle high June 2015

European Composite: All time and cycle high, April 2015

Emerging Market stocks: All time, Jan. 2007, cycle Jan. 2018

World ex-U.S. stocks: All time Nov. 2007, cycle Jan. 2018

Commodities/Oil: All time July 2008, cycle April 2011

Gold: All time and cycle high, Sept. 2011

Crypto market cap: December 2017

Which leaves:

"Easy money"