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.
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Tuesday, January 27, 2015
"Dude, Where's the Economy?"
The recovery has been postponed until the economy returns from China
So that's what this was all about...
1 Year Treasury Rates:
Another year of corporate "synergies" and 0% interest rates, should fix everything