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.

Thursday, March 3, 2016

Setting Up The Last Flash Crash

Covering all shorts ahead of history's biggest collapse is a necessary and sufficient condition for rapid implosion...

Equal weight / cap weight ratio
Wall Street's favourite pair trade was long S&P, short Russell small cap. That just imploded...

This has been the biggest short-covering rally since 2009. All of Wall Street's favourite shorts just got extreme unwound while myriad hedge funds got blown up, before, during and after. Bears are being steamrolled by dumbfucks eager to bankrupt themselves.

The most shorted ETF is Semiconductors, which have had another good run...

The left-for-dead shipping industry had its biggest % rally since S&P wave 4 (of 5) in 2009. The only problem is that wave 4 is near the bottom, whereas wave 2 (current) is near the top...

Resource stocks, same idea...

Casinos...

Pipelines

Brazil

Canadian $

Freeport McMoran (Mining company):