Blood Money
2008 was the wake up call. Borrowing yet more money from Third World factory slaves after 2008 was the biggest mistake our generation will ever make.
Opportunistically exploiting other peoples' economic oppression, under the assumption that "it can't happen to me", is the Faustian Assumption.
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.
Tuesday, April 29, 2014
Friday, April 25, 2014
RAGE AGAINST THE MACHINE
We are being led straight into the abyss by the most clueless dumbfucks in the history of this planet. PhDs who would fail kindergarten.
Don't worry, IT'S coming. The Fed's Dow-levitation Jedi Mind Trick is wearing off...
Thursday, April 24, 2014
When the Music's Over
By ignoring 2008 and all subsequent risk, the Idiocracy has opted for the most abrupt and devastating ending to this clusterfuck. Despite insane risks, just today consumer sentiment came in at the highest level in 9 months. The underlying reason these zombies are "blind" to blatantly obvious risk is because the entire Developed World has devolved into history's largest morally void refugee camp, populated by consumption addicts incapable of seeing beyond their own immediate self gratification. These oblivious zombies have become human call options now ALL IN on the Globalized Ponzi Scheme, betting that there will always be Third World factory slaves at the ready to make their latest iGadgets. These human call options are in no way prepared for or capable of accepting less, so when they are once again proven disastrously wrong, it's going to get fucking ugly in a hurry. They will have nothing left to lose...
The Biggest Lie Ever Sold
100% of Econo-Dunces See Treasury Yields Higher In Six Months
I'm seeing a trend here. Economists now see nominal interest rates rising. Ever since the Fed tapering began in December, interest rates have been falling, confounding all predictions.
In the context of a debt to GDP ratio of 370% placing the economy under MASSIVE deflationary pressures, REAL interest rates are rising every single day...
Wednesday, April 23, 2014
Crash Test Dummies
100% of Econo-Dunces See ZERO Risk of Recession this Year
Economists are 100% confident that the U.S. can borrow its way to growth as it has for the past four years in a row. Thanks for the profound insight. Meanwhile, the econo-dunce text books now need to be updated to include money printing as a viable source of national income, since 100% of economists endorse the strategy. You can't make this shit up. They didn't see 2008 coming, and they don't see any risks now; so this Globalized disaster can't end until the dumbfucks who created this fiasco are monkey hammered into oblivion...
Sunday, April 20, 2014
American Dream to American Nightmare
The Most Persistently Overvalued Stock Market In U.S. History
Once again, commodity prices are dead-cat bouncing which has produced a bagload of hand wringing over inflation. Let's make this debate as straightforward as possible:
Once again, commodity prices are dead-cat bouncing which has produced a bagload of hand wringing over inflation. Let's make this debate as straightforward as possible:
Anyone who believes that the status quo and its attendant ludicrous borrowing is indefinitely sustainable, ad infinitum, is an "inflationist". Anyone who believes that the age of inflated debt, inflated bullshit, and inflated dumbfucks is long overdue to collapse in a way that makes 2008 seem like a fond memory, is a deflationist.
Central Banks merely gave everyone five more years of cheap money to borrow themselves ALL IN on the American Nightmare...
Central Banks merely gave everyone five more years of cheap money to borrow themselves ALL IN on the American Nightmare...
Friday, April 11, 2014
Rome Has Fallen - Short of Being Sacked...
"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed" (U.S. Second Amendment to the Constitution)
Thursday, April 10, 2014
What Went Wrong?
Ahh yeah...we fucked up again. We thought we had an economy, but it turned out to be a Ponzi Scheme. These things happen. That's what human beings do, we fuck everything up. The creator built a perfect world and then for some unknown reason went and created the human race. The one mistake she made. After that we said, don't worry about screwing anything up again, because we have that all covered. The first order of business was to create religion to blame God for whatever malfeasance we were about to get into. There are tens of thousands of religions and permutations thereof to choose from, but there's only ONE REALITY - you know, the one God created. So choose carefully...
Tuesday, April 8, 2014
All Things Fake Are Now Crumbling
“The real hopeless victims of mental illness are to be found among those who appear to be most normal. Many of them are normal because they are so well adjusted to our mode of existence, because their human voice has been silenced so early in their lives that they do not even struggle or suffer or develop symptoms as the neurotic does. They are normal not in what may be called the absolute sense of the word; they are normal only in relation to a profoundly abnormal society. Their perfect adjustment to that abnormal society is a measure of their mental sickness. These millions of abnormally normal people, living without fuss in a society to which, if they were fully human beings, they ought not to be adjusted.”
They Don't Wake You Up From a Stoned Coma at the Top
Or Do They?
Not one day goes by when some prognosticator doesn't give some specious reason for buying into the already collapsing status quo. It's unbelievable...
Not one day goes by when some prognosticator doesn't give some specious reason for buying into the already collapsing status quo. It's unbelievable...
Subscribe to:
Comments (Atom)