"Free Markets" or Fair Markets. Choose One.

HFT is Programmed for Disaster

Today was the release of Michael Lewis' new book "Flash Boys" about the rise of High Frequency Trading. To celebrate the occasion, the FBI opened an investigation into this industry, only about several years too late. Everyone has their own spin on this narrative, however, as usual, greed is at the root cause of this entire fiasco. When all of the stock and commodity exchanges themselves were IPO'd in the past decade and became publicly traded companies, then BIG SURPRISE, these exchanges morphed into for-profit casinos and went to work monetizing their customers at all costs. Shocking I know. The Business of Business is Profit...

The Business of America is Business

An extraordinarily expensive post-secondary educational system that doesn't educate

An extraordinarily expensive healthcare system that doesn't make people healthy

An obscenely expensive Military Industrial Complex that can't win wars

I'm seeing a pattern here...

Preparing for the "1929 Can't Happen Again" Crash

Only the Soylent Idiocracy would "believe" that something that's already happening in real time, can't happen. Income inequality was outsourced back to 1929 levels right in front of their fucking eyes and they did nothing about it, so ignoring signs of the resulting market crash should take no more effort than tuning in to ESPN or the Kardashians.

All we're doing now is standing around waiting for the Dow worshippers to realize that they bought into a Ponzi Scheme built upon a hollowed out economy. "The problem with bubbles is that they force one to decide whether to look like an idiot before the peak, or a bankrupt idiot after the peak" (a serious dilemma, indeed).

Of course a surprise panic collapse would by no means be possible were it not for a society of self-absorbed zombies who inherently assume that borrowing from Third World factory slaves will continue forever...

Wall Street's Greed Is Tanking This Market (Yes, again)

Wall Street Is Burying This Market In Junk

Rearranging Deck Chairs on the Titanic

Everyone wants to point fingers for this ongoing clusterfuck, including me. However, until the human race comes to terms with the fact that there are now 7 billion people on this planet and everyone wants the same "things" at the expense of everyone else, then all economic discussions ignoring that fact are merely pointless parlour games...

Today's "Elites" Are Getting Desperate

Things are spinning out of control for the global elites running this circus. 

These pampered pretenders don't have ANY capacity to face reality or adversity, so like human call options many of them will just expire worthless...

Soylent Idiocracy

Euthanizing the Masses with Spectacle
Keeping up with the Dow Joneses, the Kardashians, and all things fake has exacted a heavy toll on the Idiocracy. Real adversity hasn't even begun yet for the yuppy-class, but the zombified masses are already burned out on their all-consuming rat race to nowhere.

For all 50 or so of us realists, it's been an excruciating five year horror show, watching the exact same frat boys who fucked things up the last time, "fix" the problem by applying 25x more of their econo-dunce alchemy. We'll never get that time back...

A Stealth Collapse In Broad Daylight

No, they never learn
It took four years, but eventually the degenerate gamblers at large who have the attention span of a coked up flea, finally forgot the pain of 2000 and 2008 and piled back into stocks one more time. Some people just never learn, so once again, they're ALL IN, double or dog food, while Wall Street makes its way out the back door. 

This will be a stealth collapse in broad daylight, since the Idiocracy would never presume that printing money and borrowing to oblivion could end badly...

The Last Empire: Protecting the Ponzi Scheme

No one trusts the U.S. government. Even Americans don't trust the U.S. government.

The darkest form of evil always comes falsely packaged as something "good"...

Ponzinomics: The Lessons Learned

Nine out of ten people arrive at my blog by accident, either googling "BTFATH" or searching for Chinese internet stocks. The majority of those people shit their pants and head straight back to the Wall Street Journal.

The other ~five of you searched for "the world economy is a ponzi scheme" and landed here for a reason. I know, I see it in my blog's dashboard. One guy recently googled "fuck this globalized ponzi scheme"...AWESOME.