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.

Monday, April 18, 2016

"Eureka: Harvard Discovered The Secret To Effortless Wealth"

Russian Roulette
Central Banks are supposed to normalize risk at the end of the cycle, not artificially force RISK ON. When this never-before-tried-for-a-reason experiment ends, it's going to be FUGLY...

Remember when Janet Yellen remarked that Biotech valuations are "stretched?" (circled). Who the fuck do you think financed that overvaluation?

Telegraph July 2014
"Has monetary policy aided and abetted risk-taking? I hope so. That's why we did it"
- Anthony Haldane, BOE

And on the same day, we learn that stocks are 72% overvalued relative to GDP...

ZH: April 18, 2016
Greenspan Admits The Plan Was Always To Push Stocks Higher