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, April 28, 2016

Rotating To the Free-Fall Zone aka. "Sumamabitch!!!"

Today's late day "surprise" selloff indicates that the S&P 500 is entering Third Wave...

The simultaneous rollover of small cap value and defensive stocks indicates that the implosion sequence has been initiated...

Aside from parabolic junk there were three laggard groups holding up the market: Small caps, Cyclicals and Energy which all have the same rising wedges, that are now breaking...

Small Cap Value