Friday, February 28, 2014


"Businessmen, they drink my wine, plowmen dig my earth, none of them along the line know what any of it is worth." - Dylan/All Along the Watchtower

The Stock Market: Where Money Goes to Die

Everyone Thinks They'll Be That One Guy Who Gets Out At the Top
I love Paul Farrell (not in that way) - he's almost as crazy as I am. He recently published, "The Crash of 2014: Like 1929 you'll never hear it coming"  Actually, a lot of technicians I've read recently think they would have seen 1929 coming. These are swing traders who key off of support levels and when those key levels break, they exit. Quickly. However, my prediction is that no one will see this one coming. It will be what I call a "HALO" crash. High Altitude, Low Opening. There will be no preliminary sell-off and failed bounce as there was in 1929 AND 1987. When global liquidation begins, markets won't be falling in a linear-predictable fashion. There is no comparison whatsoever to the amount of combined leverage in the markets now as there was in those previous periods. 


Wednesday, February 26, 2014

Watching Rome Collapse in Real Time

The New Roman Empire Is Globalization and its collapse is well underway. The foundations are being destroyed as I write. 

Unfortunately, this isn't a fucking mystery novel. We live in the dumbest and most cynical society in human history, so the signs of advanced collapse are all pervasive and yet universally ignored by the corporatized media. 

Therefore at this late stage, all we are waiting for now is the acceleration phase, which can come at any moment or for any reason...

Monday, February 24, 2014

The Age of Greed Is Ending. Extremely Badly

The Days of Rage
Those in the Ukraine and other current "hot spots" are merely front-running the rest of us. The accumulation of geopolitical and economic risks since 2008 have laid a funeral pyre for global ponzi capitalism that will be visible from outer space once the torch is set to it.

The Promise of the Joker and the Fool
There is nothing the oblivious and callous elites can do to further amplify risk. Not one thing. 
"Good job everybody"

The Corporatized Matrix Liquidated the Real Economy

We are the human batteries powering the Corporatized Matrix - born into indentured servitude. The Corporate endless growth paradigm cannibalized the real economy, leaving a hollow illusion populated by denatured human drones...

Saturday, February 22, 2014

It Will Be Cataclysmic

Central Banks have made me look like an idiot for five years straight, but the favour will be repaid spectacularly. This blog is no more than an ongoing exercise in explaining that the impossible is not possible.

The technical and fundamental risks that attend currently are far beyond anything we've experienced in the past 100 years. This asinine strategy of supporting lenders while borrowers get buried under ever-growing debts, has generated extreme risk.

And this Fed-generated mass stupor, assisted by junk food and junk culture, in the face of unprecedented risks, only assures that the inevitable "reset" will be cataclysmic...

Friday, February 21, 2014

China: Globalization's Greatest Fool

Japan already tried to export their way to prosperity, and in terms of creating a sustainable economy, it didn't work. The more countries that try it, the less successful they will be. The last one into a Ponzi Scheme is by definition the greatest fool, and in terms of globalization that would be China...

Thursday, February 20, 2014

Helter Skelter / Rich Man's Panic 2014 Edition

If it seems like things are starting to spin out of control, it's because they are. For anyone who is not hypnotized by CNN and Faux News, it's becoming readily apparent that things are coming unglued...

The Almighty Dow: Priced for Obliteration

Contrary to the delusions of the Lost Boys, deflation doesn't mean lower prices at Best Buy. For companies that are now leveraged to the maximum extent humanly possible, deflation means financial obliteration...

Wednesday, February 19, 2014

On Wall Street More is Never Enough

Despite profit margins (as % of GDP) being the highest in U.S. history, if profits don't continue to grow, then the stock market will fall. That's how we got to this fatal juncture, obscene profits were never enough, because the stock market only goes up when profits grow...

Tuesday, February 18, 2014

Collapse-O-Nomics: Commonsense is Extinct

No Reasonable Idea Will Go unClusterfucked by the Idiocracy
The Lost Boys continue to decry today's "Keynesian" policy failures - this obviously ludicrous idea of borrowing the economy out of debt. However, when I took (Macro) Econ 101 way back in 1987, the Professor at the time - an ardent Keynesian - taught us that correct application of fiscal stimulus is to run deficits during recessions and surpluses during expansion. Therefore, in the context of a typical five year business cycle, that would lead to one year of deficit followed by four years of surplus and hence a balanced budget (if not net surplus). However, today's Keynesian bashers don't know any of that, because they never took Econ 101 nor even Commonsense 101. These Keynesian bashers are as deluded as the Krugmanites who think they too know anything about appropriate use of fiscal policy. No sane doctor would prescribe using antibiotics for 30 years straight and then declare like a dumbfuck at the end of it all that antibiotics don't work. This is all just a game by and for morons of which there is no shortage on all sides of this equation.

Friday, February 7, 2014

Conflict of Interest: A Cautionary Tale

For those outside of the U.S. who don't understand all of the angst and hand-wringing over Obamacare, don't worry, you never will. It's a cautionary tale for any country that allows private interests to take over the government and commercialize everything. Regardless, everyone knows that aspiring Third World countries can't afford universal health coverage anyway...

Sunday, February 2, 2014

Lead Me Not Into Annihilation

The new Sodom and Gomorrah will be duly destroyed, at which point we can all finally stop pretending. Anyone who is unprepared for collapse at this late juncture, is "endangered" to say the least. Nature selects against that part of the herd that lacks a survival imperative...

Saturday, February 1, 2014

Zen and the Pointless Pursuit of Dopamine

Rats in a Corporate Controlled Maze, Seeking the Next Ball of Cheese

"Remember when you were young, you shone like the sun.
Now there's a look in your eyes, like black holes in the sky.
Shine on you crazy diamond"
-Pink Floyd