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.

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Tuesday, October 16, 2012

M.O.A.C. (Mother of All Crashes) Is Inevitable

While the pollyannas of the day run around desperately trying to escape reality, let's review the facts so everyone can reach their own conclusion on what happens next.

It's abundantly clear what I think: I believe that 2008 was just a warning and therefore the true M.O.A.C. is now overdue. Given that nothing has structurally changed since 2008, we are now on sudden death borrowed overtime.

That said, I have been wrong so far, which offers the pollyannas among us an ongoing glimmer of hope however tenuous...