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.

Friday, March 4, 2016

Raising The Oil Wrecking Ball To A Higher Altitude

Skynet is squeezing shorts by compressing volatility post jobless report. Of course oil shorts are getting squeezed the most, but it doesn't matter because expiration is looming and the spot market can't be manipulated by Skynet. By day 30 (~16th?), price will be "found", it's only a question of how fast and far the drop. In 2009, the rollover day drop was -20%, compared to -10% now.

WTI just hit $35.70 real-time
Yesterday's close:

Momentum idiot loop visualized:
S&P gaps above and gaps below...

Speaking of jobs, below is the true unemployment rate that can't be manipulated by con artists peddling fiction:

This is the total number of jobs divided by the U.S. population. We see how many people "retired" in 2008, compliments of the "Big Short" aka. Best Picture nominee...