Ponzi World (Over 3 Billion NOT Served)

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.

Friday, January 2, 2015

The Lunatics are Running the Asylum

ZH: Jan. 2, 2015
German 5 yr bund yields turned negative today

Investors are paying the German Government to borrow their money

Spain 10 yr @ 1.49% thanks to ECB money printing

Post-2008, when policy-makers decided to do nothing to address the structural problems, they started us down the path of insanity. Once that path was taken, the only alternative was to come clean and admit this would all end badly OR merely constantly ratchet up the level of insanity.

We know which path was taken. We are now in the dementia zone.