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, April 29, 2016

April's Fools: All Signs Point To Third Wave Down

Everything peaked and rolled over this week.

The Bank of Japan capitulated this week as the currency went into full RISK OFF mode. There is now a colossal divergence between carry trade risk and stocks...