Desecration

"Businessmen, they drink my wine, plowmen dig my earth, none of them along the line know what any of it is worth." - Dylan/All Along the Watchtower

The Stock Market: Where Money Goes to Die

Everyone Thinks They'll Be That One Guy Who Gets Out At the Top
I love Paul Farrell (not in that way) - he's almost as crazy as I am. He recently published, "The Crash of 2014: Like 1929 you'll never hear it coming"  Actually, a lot of technicians I've read recently think they would have seen 1929 coming. These are swing traders who key off of support levels and when those key levels break, they exit. Quickly. However, my prediction is that no one will see this one coming. It will be what I call a "HALO" crash. High Altitude, Low Opening. There will be no preliminary sell-off and failed bounce as there was in 1929 AND 1987. When global liquidation begins, markets won't be falling in a linear-predictable fashion. There is no comparison whatsoever to the amount of combined leverage in the markets now as there was in those previous periods. 

NO ONE IS GOING TO GET A MEMO AHEAD OF TIME

Watching Rome Collapse in Real Time

The New Roman Empire Is Globalization and its collapse is well underway. The foundations are being destroyed as I write. 

Unfortunately, this isn't a fucking mystery novel. We live in the dumbest and most cynical society in human history, so the signs of advanced collapse are all pervasive and yet universally ignored by the corporatized media. 

Therefore at this late stage, all we are waiting for now is the acceleration phase, which can come at any moment or for any reason...

The Age of Greed Is Ending. Extremely Badly

The Days of Rage
Those in the Ukraine and other current "hot spots" are merely front-running the rest of us. The accumulation of geopolitical and economic risks since 2008 have laid a funeral pyre for global ponzi capitalism that will be visible from outer space once the torch is set to it.

The Promise of the Joker and the Fool

The Ship of Fools is Now Fully Boarded and Ready to Sail.

There is nothing the oblivious and callous elites can do to further amplify risk. Not one thing. 

"Good job everybody"

The Corporatized Matrix Liquidated the Real Economy

We are the human batteries powering the Corporatized Matrix - born into indentured servitude. The Corporate endless growth paradigm cannibalized the real economy, leaving a hollow illusion populated by denatured human drones...

It Will Be Cataclysmic

Central Banks have made me look like an idiot for five years straight, but the favour will be repaid spectacularly. This blog is no more than an ongoing exercise in explaining that the impossible is not possible.

The technical and fundamental risks that attend currently are far beyond anything we've experienced in the past 100 years. This asinine strategy of supporting lenders while borrowers get buried under ever-growing debts, has generated extreme risk.

And this Fed-generated mass stupor, assisted by junk food and junk culture, in the face of unprecedented risks, only assures that the inevitable "reset" will be cataclysmic...

China: Globalization's Greatest Fool

Japan already tried to export their way to prosperity, and in terms of creating a sustainable economy, it didn't work. The more countries that try it, the less successful they will be. The last one into a Ponzi Scheme is by definition the greatest fool, and in terms of globalization that would be China...

Helter Skelter / Rich Man's Panic 2014 Edition

If it seems like things are starting to spin out of control, it's because they are. For anyone who is not hypnotized by CNN and Faux News, it's becoming readily apparent that things are coming unglued...

The Almighty Dow: Priced for Obliteration

Contrary to the delusions of the Lost Boys, deflation doesn't mean lower prices at Best Buy. For companies that are now leveraged to the maximum extent humanly possible, deflation means financial obliteration...

On Wall Street More is Never Enough

Despite profit margins (as % of GDP) being the highest in U.S. history, if profits don't continue to grow, then the stock market will fall. That's how we got to this fatal juncture, obscene profits were never enough, because the stock market only goes up when profits grow...