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, December 19, 2015

Keeping Up With The Dow Joneses: Faking It Is A Full Time Job

The Dow is down -4% on the year. It's at a level first reached in July 2014.

The Dow is currently at 17,128, having traversed 49,561 points year to date. Yes, you read that right. Adding up the daily high-low range equals almost 50,000 Dow points.

In other words, the Dow has traversed 290% of its current value mid-year, to end up -4% lower.

Burning money. Literally
Price / volume:

Distribution
NYSE Up volume / total volume: