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.

Monday, May 18, 2015

The Idiocratic Oath: "No One Can Predict the Inevitable"

Membership has its privileges

Subconsciously, the disposable society knows they're being lied to, but they don't care. Without the lie, there can be no shopping sprees, no cross-country soccer tournaments, no iGadgets, no unreality TV escapism. No external gratification as a proxy for "happiness".

Social Mood versus GDP stalling at 0% interest rates

Consumer Sentiment (red line) with forward reflation expectations (via 1 Year Treasuries)

"No one warned me this was all fake"