Rule #1: Never Trust A False Profit

Denial is nature's way of fixing the problem. At the source. The cost of lying is going up exponentially with each passing day...

But first, as I write, Trump's last General just resigned. H.R. McMaster, John Kelly, James Mattis:

"Because you have a right to have a Secretary of Defense whose views are better aligned with yours"

We can all sleep well knowing that now no sane or cogent human being stands between Forrest Trump and the nuclear codes.

Getting back to the casino, Secretary of Goldman Sachs was out today tightening the noose:

Another post on Zerohedge in denial over climate change. I'm starting to like these useful idiots more and more. The best way to sequester carbon is through ignorance. What Donial Trump and his loyal con men represent more than anything is the repudiation of the truth. Only by refuting every aspect of reality can they make this gong show great again. Which is why we've been besieged by a non-stop barrage of lies for two years straight. At this late stage meltdown can only come as a colossal surprise to a cabal of like-minded dunces blowing smoke up each others' asses constantly. This will be a lesson in trusting criminals that they never forget.

As of today's close, the S&P 500 is down -8% on the year. But notice the difference between now and January. Back then, the market crash was greeted by a spike in the VIX and in selling pressure (TRIN). This time, despite the fact that the market is now down -16% from the all time highs in September, gamblers are fat, dumb, and happy:

On a longer-term scale we see down volume as a ratio of up volume is also fat and happy.

The goose is cooked:

New lows exploded today on a scale we haven't seen in three years:

This is called silent scream

Of course, economic denial has gone global. I call it "Japanification". The aging of society to the point where it's run into the ground by an Idiocracy of incontinent dullards.

Archie Bunker is now running the government.

The ECB picked a fantastic time to end emergency stimulus:

Trump was elected using the highly successful "Deaths of despair" campaign strategy. Basically capitalizing on economic devastation and fentanyl-assisted suicides to get elected. He restored false hope to the exact same people who voted for George W. Bush and his economic larceny. Twice.  

Which means that Donny was sent to finish the job that GWB started. 

Trump has passed himself off as saviour by stripping working people of their healthcare and sending the money to offshore bank accounts via tax cuts. Who wouldn't believe he's not on the side of the middle class? People who will believe anything and anyone, except the truth.