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.

Wednesday, January 20, 2016

The Arc of the Idiocracy

Originally, Ponzi schemes consisted of paying people back with their own money.

However, the Idiocracy took Ponzi to all new levels of asinine. What I call, the arc of the Idiocracy...

The same arc can be observed in many forms...

Global Macro: All new lows
Canadian dollar, all commodities, EM currencies, EM Debt

Canadian stocks are in free-fall