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.
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Monday, February 22, 2016
Oil Is "Soaring". The Dow Is "Leaping". Leon's Getting Larger
Manufacturing at 2009 lows? Which stocks should I buy in CasinoConomy?
"Soaring oil", in the Old Age Home:
"You've seen this movie before"
"Don't tell us the ending"
(I had this conversation with my parents one time)
The Equal Weight / Cap Weight Ratio with the Wilshire:
JPY:
10 year yield
Transports
And a leaping Dow causing maximum pain for shorts and longs at the exact same time...full of sound and fury, signifying nothing...
"What do you mean there's no 'Conomy in CasinoConomy?"






