This is a depiction of Wall Street attempting to take down the massive facebook IPO. Friday's debut was just the rumblings of indigestion:
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.
Monday, May 21, 2012
Friday, May 18, 2012
Faceplant: Wall Street's Biggest Pump and Dump
facebook went public today and the IPO debut was a total flop. Once again, retail investors were conned into another massive internet pump and dump.
Labels:
collapse,
facebook ipo,
pump and dump,
SHTF,
vix
Wednesday, May 16, 2012
A Clockwork Atlas
Atlas is the mythical hero from Ayn Rand's magnum opus 'Atlas Shrugged'. He is a metaphor for all of the 'great men' in the world who keep the planet running while the rest of us ne'er do wells do our best to stay out of the way or otherwise assist as best we can with their lofty travails.
Unfortunately, Atlas had to be let go, because it turns out he has been fucking the dog for oh say about the last many thousands of years.
Labels:
a clockwork orange,
Anarchy,
Ayn Rand,
SHTF
Sunday, May 13, 2012
Russian Roulette - Full Auto
"The man who wants everything, ends up with nothing"
The drama in Greece is getting to be very interesting. It's a microcosm of the choices that EVERY major Western nation currently faces, whether our media propaganda machines will admit it or not.
Labels:
collapse,
debt,
deflation,
denial,
Depression,
Greece,
Ponzi Scheme,
SHTF
Wednesday, May 2, 2012
Don't Worry, Be Happy !!!
Don't Worry, Be Happy
That's the public service message from the world's Central Banks to all of us in the general public, and especially to Wall Street.
That's the public service message from the world's Central Banks to all of us in the general public, and especially to Wall Street.
When Bernanke embarked upon Quantitative Easing, three years ago in early 2009, he said at the time that the new policy (of printing money) would have unintended consequences. In Donald Rumsfeld's terminology, "unknown unknowns".
Labels:
market collapse,
quanitative easing,
SHTF,
sovereign debt,
vix
Tuesday, May 1, 2012
Globalization is Dead
Updated 5/1/2012: Of all my posts over the past 5 years, this one gets the most consistent hits, no doubt because it becomes ever more relevant with each passing day. So, I am dusting it off and moving it to the top of the list again, as time is running out on the Grand Ponzi...
Labels:
Anarchy,
Economic Collapse,
globalization,
mercantilism,
SHTF
Friday, April 27, 2012
Monday, April 23, 2012
COLLAPSE-o-NOMICS
Now presenting, The Idiocracy's guide to collapsing your own economy. Now on display anywhere near you:
Labels:
collapse,
deflation,
fiscal policy,
Monetary Policy,
outsourcing,
Ponzi Scheme,
rent seeking,
SHTF
Wednesday, April 11, 2012
Idiocracy Goes Cannibal
Deja Vu of last August, the market is already in freefall and yet the media, public and investors are largely oblivious to the ubiquitous signs of resurgent financial and economic distress. As we now know last year's crash was mitigated by global central bank intervention. So reality was yet again delayed, but will not be denied.
Labels:
SHTF
Tuesday, April 3, 2012
Assume the Position (yes, again)
Once again, copious Central Bank liquidity has lulled the General Public back into its semi-lucid coma. All is well in Fantasy Land. Even Occupy Wall Street is quiescent and the Idiocracy on Wall Street has taken the opportunity to mock them. Yet just today we received the latest rude reminder that the markets and by extension the economy are solely supported by Central Bank monetization programs.
Labels:
Apple,
federal reserve,
Monetary Policy,
quantitative easing,
SHTF
Subscribe to:
Posts (Atom)