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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Thursday, February 2, 2017
Third Wave Down Across The Board
Ameritrade. What else?
The Nasdaq is key, since it's gripping the Trump rally trend line going back to November...
S&P
High Beta (Banks, Energy)
Oil
Dollar
Meanwhile, trouble in paradise...
"I am the star of the Apprentice, I can fix the world"
