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.

Sunday, November 27, 2016

This Is Not A Rally, It's A Burial Service

Self-burial for a denialistic old age home. I have to admit, I like their plan...

Hedge Funds are ALL IN to stave off redemption. China is imploding on a nightly basis. Gamblers are clueless. And it all hinges on OPEC...

The sheer fantasy that insolvent Saudia Implodia, having 10% of global daily market share could single-handedly control the oil market is a first order fantasy for a first order Idiocracy...

"First we maximize production, then we freeze. They're proven serial idiots, they won't notice."

Speaking of proven serial idiots...Stock market gamblers are even more clueless than oil market gamblers, if that's even possible...

Here are Energy stocks (red) with oil prices (black).

"We really need more leverage this time..."

"Ok, the last two year-ends were just trial runs. This year we'll get buried. For good."