"When oil hit $10, the fucktards of empire realized they had bigger problems than ISIS...ISIS and its Saudi sponsors were re-priced into the fucking Stone Age..."
OPEC shocked the world yesterday when they INCREASED production quotas. Even the most bearish analysts hadn't predicted that scenario.
As we see, oil volatility is still calm relative to the last low in 2009 at this same level. It will take a spike and some heavy selling to put in a bottom now. The serial knife-catchers are about to get monkey-hammered...
Oil stocks: "Time for bankruptcy"
Kinder Morgan: Pipelines
"sumamabitch!!!"
The Alerian MLP:
Frackers
Gulf States stock market:
Middle East:
Canadian stocks:
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.







