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.

Tuesday, January 5, 2016

All Aboard The Fake Recovery

A seven year fake recovery non-normalized in terms of fiscal and Monetary stimulus, both of which are still being applied in record amounts.

A lie and fantasy of such magnitude that it's believed by literally every fucking zombie on the planet.

And now even believed by the short-term bond market...

This is the one Year Treasury Yield as a ratio of the Fed Funds rate. As we see, this magnitude of spike has only occurred one other time - after Lehman when the Fed was taking rates to zero...

Long-term Treasuries are betting this all collapses sooner rather than later...

Yield spreads (2 year - 30 year) show how far behind the curve, the Fed is on normalization:

Stock market internals with Fed policy