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, February 27, 2015

Bad News Bulls

Straight from the "no shit" file:

CNBC: Feb. 26, 2015

The U.S. Wreckovery is a Fraud

"The downturn in U.S. profits is accelerating and it is not just an energy or U.S. dollar phenomenon – a broad swathe of U.S. economic data has disappointed in February"

How to generate a stock market crash
Combine a market at all time highs with collapsing profits. There will be no buyers under this steaming pile: