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.
Showing posts with label pump and dump. Show all posts
Showing posts with label pump and dump. Show all posts
Wednesday, March 27, 2013
Just Another Wall Street Greedfest
The sole goal of Monetary Policy these past four years was to levitate asset markets until the real economy resumed organic growth. Of course, due to the number of jobs shed after 2008, that was never going to happen. Here we are, four years later, still applying record amounts of fiscal and monetary stimulus, while the vacuous morons in leadership scratch their heads as to why there are no jobs...
Labels:
deflation,
Ponzi Scheme,
pump and dump,
stock market crash
Friday, May 18, 2012
Faceplant: Wall Street's Biggest Pump and Dump
facebook went public today and the IPO debut was a total flop. Once again, retail investors were conned into another massive internet pump and dump.
Labels:
collapse,
facebook ipo,
pump and dump,
SHTF,
vix
Subscribe to:
Posts (Atom)