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, February 27, 2016

"The World Is Saved" Not. Pride And Hubris Before The Fall

Billunaire bukkake whores aka. Central Bankers, squandered their resources inflating Warren Buffett's fake wealth for seven years straight, while he reminded the indolent masses how lucky we are...

The G20 Circle Jerk was this cycle's TARP (bailout) "the world is saved" short-covering rally, which unraveled immediately thereafter...

The NYSE Composite gives the clearest wave count, with respect to magnitude and duration...

And resemblance to 2008...

...short-covering which favoured beaten down cyclicals, small caps, and Financials:

All while recession stocks made their final overthrow highs...

Globalization and Warren Buffett's ego are too big to bail