The Biggest Mega Bubble in Human History

This post is dedicated to all of the morons who keep denying that the markets are in a new bubble. Of course none of those people read this blog anyway since Faux News and TMZ take up so much time.
The collapse will be fucking epic...

The Globalization greedfest is ending. HALO Crash is on deck

Most people just assume that there will always be Third World factory slaves working for them in exchange for worthless IOUs

These new-fangled "socialist" accoutrements:  sovereign ponzi bonds, *special* dividends, stock buybacks are all compliments of Third World wage slaves and massive recurring trade deficits. Now the $25 trillion Financial Death Star 2.0 is already starting to implode and Skynet hasn't even had a system test yet.

Canary Meet Coalmine

There's a country we all know well, which in terms of organic growth peaked decades ago. Subsequently it has been using an "eight ball" of fiscal and monetary heroin in order to patch the ever growing crater where its economy used to be. The corrupt politicians take full advantage of the attenuating boom/bust cycle to get elected and then immediately renege on all of their promises for "hope and change". With each cycle of this recurring madness, there is less and less left of the real economy remaining, as fiscal debt has soared to log Ponzi levels. This malfeasance is allowed to continue because the government is controlled by cynical geriatrics who just want this all to continue during their lifetimes so they can dump the irresponsibly accumulated debt onto the kids. The latest iteration of this circus is now ending amid soaring inflation and stagnant incomes. The government is printing money to buy stocks in a futile attempt to keep the market from collapsing (yes, again). United States? China? (stop guessing)

Japan...

Is this good for the grandchildren?

Or does this all have the life expectancy of a mid-air grenade?
If every voter approached the polls requiring one question to be answered - is this policy, law, political buffoon, good for subsequent generations or just this one - then the vector would turn from down to up and this generation would start to pull its own weight as opposed to liquidating the assets created by prior generations.

Clearly, what we have today is the exact opposite, because I can't get through my day without some jackass telling me to my face, "I hope this all works during my lifetime". Hence, every decision is taken with an ever-shorter gratification in mind. And, big surprise, everything gets steadily worse, even as the surveyed masses decry "the nation [insert country here] is heading in the wrong direction". 

That's all there is to this entire fucking fiasco. Until this infantile behaviour ends, the vector is straight into the abyss, and no one has any right to expect anything different.
As we've learned from the untimely arrival of the Idiocracy, 500 years early, the future has a way of arriving way ahead of time.

Are You A Commie?

Because if you are, I can't like you

But if you're a Fascist, that's different. A Fascist is a reformed Commie who likes capitalism. Both embrace authoritarianism. The difference is that the Commie forces equality down your throat and the Fascist forces inequality down your throat. 

But the worst of all are those fucking "socialists..."

Game of Dumbfucks: Held Hostage by Morons

An army of Forrest Gumps are running the globe
As long as this clusterfuck works to the benefit of an ever-smaller and ever-wealthier minority, the globalized ponzi scheme will continue to discard more and more long-term employees with each passing day. All while Rain Man & Company wait for the economy to float back from China.

  

"Since 1929, all stock-market rallies have had something in common that this one doesn’t". I'll take a stab - an economy? Brilliant !

Artificial Intelligence: Precision Without Accuracy

Stocks are "fairly valued" when extrapolating the impossible into the indefinite future
I constantly read pseudo-intellectual Wall Street bullshit telling me that the earnings ratio for this that or the other asset class is x.xx which is x% above or below the "historical norm". I've even posted a few thousand of those stats right here. These pundits have the studied precision of a tea leaf reader handing out lottery numbers. Unfortunately, as we saw in 2008, those types of temporary pseudo-statistics represent nothing more than a set of interdependent asinine assumptions which conveniently extrapolate the impossible into the indefinite future. These half-assed guestimates have the shelf-life of a rotten banana. However, as we know, that won't stop the better part of the Idiocracy from taking advice from their esteemed roller coaster advisers that stocks are still "fairly priced", never mind profit margins being at the highest level in recorded history at the expense of a balanced economy. Yes, this is all just history's largest-ever circle jerk...

The Decaying Idiocracy: A Stagnant Monoculture

"Idiocracy"

"Advertising, commercialism, and cultural anti-intellectualism have run rampant and dysgenic pressure has resulted in a uniformly unthinking society devoid of intellectual curiosity, social responsibility, and coherent notions of justice and human rights."

The human race's greatest enemy is the human race. Like a 400 pound fat man, this society can no longer get out of its own fucking way.

Volatility Implosion Explosion

Life After the Dow Jones Prozac Dispenser

Adventures in Central Planning and mind control, destined to end with a big fucking bang...

Time to Pay the Piper: There's No Free Lunch

The bill is way past due on this five year vacation from reality
Now that the pseudo-recovery is "picking up speed", the Idiocracy has conveniently forgotten the Faustian Bargain they made between long-term jobs and the stock market. There is a price to be paid for all of this mindless mass consumption: $Everything (no refunds)...