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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Sunday, February 28, 2016
"You've Got To Shock The Monkey"
This should do it...
Global risk aversion is accelerating... European Stoxx Composite:
Four failed rallies, then "sumamabitch!!!"
Yes, it's the IQ test again...
S&P 500 and Crude oil Stocks catch down to oil, not the other way around...