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.

Thursday, October 1, 2015

Third World Deflation Is Closing In For The Kill

"When attempting to monetize poverty at 0%, sometimes you get monetized. Shit happens"

The deflationary ground and pound Main Event hasn't even started yet and already the body count is rising.

Deflation is hunting all denialists to extinction.

Below we have a sneak preview of the fate awaiting the almighty Dow...

At their peak, all risk assets have had the shelf life of a rotten banana:
Gold, Bitcoin, Fracking stocks, Apple, IPOs, Chinese stocks, Biotech:

Rates of return since peaking:

Cash 0%

IPO -20%
Apple -20%
Large cap Biotech -24%
Gold -42%

Chinese small caps -53%

Fracking -55%

Bitcoin -80%

Revenueless Biotech -80%

Revenueless Biotech:

"Who wants more Kool-Aid?"