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.
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Tuesday, December 13, 2016
Get Ready For Blastoff
This is going to be very interesting. Can the bulls close the Dow over 20,000 by buying stocks ahead of a Fed rate hike, with Financials having their biggest melt-up ever?
Or, will Icarus implode en route? Dow with Rest of the World:
