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.

Tuesday, April 26, 2016

Skynet Ground and Pound: The Largest Stocks Are Primed For Meltdown

Time for the big boys to go down...

Equal weight / cap weighted S&P:

ZH: April 26, 2016
Exxon Loses 'AAA' debt rating

BBG: Feb. 2, 2016
John D. Rockefeller’s Standard Oil Trust has been rated AAA by S&P since 1930.

"The only other U.S. corporate issuers with AAA ratings aside from Exxon are Microsoft Corp. and Johnson & Johnson."

The Buffett portfolio

Google is imploding after not laying off enough people to please Wall Street

JP Morgan Chase

Alibabylon: World's largest IPO

Walmart

Facebook needs to beat expectations on Wednesday or it may face a near-term day of reckoning, as its sky-high valuation has investors demanding a scale of growth not expected in any of its major rivals.