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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Tuesday, March 1, 2016
This Isn't A Bear Market. It's A Burial Service.
Super Tuesday just steamrolled weak bears. Stocks moonlaunched into outer space on fake optimism, as "clarity" about the next captain of the Titanic emerges...will it be the Democrats' runner-up from 2008, or Camacho for President? Needless to say the establishment is shitting their pants right now. Every time Larry Summers or some NeoCon jackass (Kristol & Co.) come out against Trump, his ratings go up. Because THEY are the reason this is happening...
Today was one of the S&P's biggest point gains ever Here are the S&P days with point gains > 40, during past 5 months...
NYSE Momentum with biggest up days marked with down arrows...
Burial service visualized: Price / volume:
Look at this, and then look up again. Stop me any time... NYSE Composite
