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, October 4, 2016

Competitive Debasement 2016

Globalization is all about the competitive debasement. Personally, I think I'll pass...

First the good news...

Today's global market "bid" if that's what you want to call it, was once again compliments of the UK FTSE and the British Pound at a new 30 year low...

Competitive debasement visualized - stocks back in 2000, purchasing power cut almost in half since 2007: