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.

Saturday, August 8, 2015

"Dude, Where's The Economy?"

"While hubristic circus clowns were discussing how best to generously share exceptionalism with the rest of the world, their make-believe recovery was falling apart in broad daylight..."

1 Year Treasuries (red) with U.S. inflation expectations (TIP: TENZ ratio)...

U.S. Capacity Utilization aka. "Employment"

Rate of change in Fed balance sheet (red) with 30 year yield (blue)
aka. "Smoke and mirrors"

Jedi Mind Trick for Stunned Dunces aka. Printing money to buy stocks
Fed balance sheet (red) with U.S. stocks (blue)

"No one could believe that outsourcing the economy to the Third World and printing money to buy stocks didn't fix deflation":

Treasuries are always right.

Stocks are always "Aw fuck, not this again"