BitCasino: Canary In the Coal Mine for DowCasino

Both pure fabrications of a Central Bank-sponsored sugar high in social mood...

On the Turning Away

"It's a sin that somehow, light is changing to shadow

And casting its shroud over all we have known

Unaware how the ranks have grown

Driven on by a heart of stone" 

(Gilmour/Pink Floyd)

The New Sodom and Gomorrah

In this modern Sodom and Gomorrah, there is no convincing people that all of this is doomed to collapse (again), because they are totally incapable of believing it. Nothing can convince them that all of this is an illusion. Apparently, they've stumbled upon a magical new market - one that only goes up. And when a herd of buffalo decides to stampede off of a cliff, there's nothing that can stop them. Unfortunately, this isn't about winning a debate. This is a survival level event...

How I Learned To Stop Worrying

...And Profit From The Demise of Ponzi Capitalism

The ludicrous gyrations in Bitcoin (aka. BitCasino) are a timely warning for what can happen to any asset class when price is disconnected from the underlying fundamentals solely due to liquidity and speculation. The Dow, which is the only asset class that has not corrected in the past two years, is more than primed for its own spectacular performance. The past five year phony levitation in U.S. stocks was based solely upon artificial liquidity injections from the Fed which stoked speculation in a self-fulfilling cycle until stocks became wholly disconnected from the stagnant economy. As we see with BitCasino, speculative liquidity driven rallies on low volume are violently reversed when volume picks up to the downside. It's all just a timely preview for what we can expect for the Dow which has been disconnected from reality for years now...

The Age of Hazardous Immorality Will End "Abruptly"

Torn By the Promise of the Joker and the Fool

Sadly, the flash crash casino doesn't warn its customers when they are about to be wiped out, or that the house always wins; nevertheless the stoned masses are double down at the same roulette wheel that robbed them the last two times. It had to be this way...

Bedtime for Bonzo

Pick two:

• A sound economy
• A healthy and stable society (yes, with universal health insurance)
• Global military dominance

MELTDOWN IS INEVITABLE

Belief in the Impossible Is Epidemic and Highly Contagious

The best way to inoculate oneself from the widespread unfounded trust in the Globalized Ponzi Scheme, is to first and foremost believe that it should collapse under the weight of its own bloated depravity. After that, faith in a new debt-sponsored illusion to replace the last debt-sponsored illusion, is not quite as alluring. I literally could just recycle my posts from 2007/2008, because this is all just extreme deja vu. I never thought in my lifetime we would see this level of stupidity ever again much less a mere five fucking years later.  Unlike 2008, this is the crisis that Wall Street doesn't see coming. This "stealth" meltdown setting up in broad daylight, is going to accomplish what Occupy Wall Street could only dream of achieving i.e. obliterate Wall Street...

The Scylla and Charybdis of Deflation and Higher Interest Rates

European Style...

ALL IN@FULL CASINO (Yes, Again)

Do That To Me One More Time
Following 2008, stunned comfort-seekers wanted their 401k balances restored as quickly as possible and therefore turned a blind eye to Wall Street's corruption. Unfortunately, for the New Gomorrah, the cumulative cost of bailing out Wall Street after 2008 is far more than they can afford, and then some. So the society that never learns is going All In for a third and last bludgeoning in the exact same casino that took their money the last two times...

The Shootings Will Continue, Until Morale Improves

Only a fool speaks of uncertain things with certainty. 

The even greater fool speaks of certain things with uncertainty - 

Plausible deniability is the opiate of the masses. 

The #1 Rule of Survival: Don't Drink the Kool-Aid