This Is How All Empires End

With Third World choices attended by third grade logic:
"Obama “would rather spend the money on food stamps than he would on a strong military or support for our troops.” (Dick Cheney, June 25th, Faux News)

We've already seen this movie, circa 1989 Soviet Union. Only the Big Dick and the rest of the Mickey Mouse Club, are still bought into their pathetic fantasy...something about being lied to constantly...

The Collapse Will Be Epic

This was just a five year (massively failed) bailout
Five years of wasted time and wasted money, masking the steady deterioration in the underlying economies. Propping up lenders with cheap money while borrowers become ever-less solvent in the meantime, is the dumbest fucking idea in the history of mankind - aside from giving time for the ultra-wealthy to move their assets offshore.
All while the stoned Idiocracy was occupying the couch, the fridge, and the TV set...

Don't Expect Any Advance Warning of Economic Collapse

Because Wall Street hasn't figured out how to short it yet
There is a reason that the HUGE GDP drop yesterday was totally ignored by Wall Street (and hence the media). It's because the market is still rising and therefore Wall Street can't AFFORD to be correctly bearish. Unlike 2008, Wall Street hasn't found a profitable way to short a bad economy.
This is all just the biggest circle jerk in human history...

More is Never Enough For Walmart Street

Walmart's current revenue of ~half a $trillion is not meeting Wall Street's "expectations"

Q: So how many small businesses does Walmart have to destroy to meet Wall Street's expectations?

A: All of them...

"Save Money. Live Jobless"

No one can afford the true prices at Walmart
Walmart and Ponzinomic frat boyz have conveniently divided the Globalized pseudo-economy into (wage-slave) "producers" and (jobless) "consumers". 

Let's see how they're doing...

2008 Deja Vu. The Idiocracy is in Denial

The U.S. is likely already in recession

2.9% drop in GDP is biggest during economic expansion since World War II

Dow up 50 Points...

"Dude, Where's the Economy?"

U.S. economy contracted -2.9% in First Quarter

While Wall Street was calibrating how many profitless DotComs to dump onto Depends-wearing ETraders, that illusion-formerly-known-as-the-economy was just downgraded yet again to -3%! 

These backwards revisions to first quarter GDP are making even the buffoons look like buffoons...

Wall Street's Greed Will Bury this Market (yes, again)

FULL CASINO:

June has 37 IPOs, the highest monthly number since Y2K. 
Eighteen of those IPOs are this week (two carried over from last week). Six tomorrow alone. Wall Street knows that its window of pump and dump opportunity is closing, so they ordered up a convenient double pump (and dump) to suck in the ETraders one more time...

Globalization's dominoes are falling...

The buffoons who created and benefited from this fiasco can't get us out of it

The U.S. wants to work with Iran in Iraq. Iran says the U.S. should stay out of Iraq. Israel warns the U.S. about working with Iran in Iraq. Got that? It's a total fucking buffoon-fest.

And experts on Iraq who understand things from the Sunni, Shia, Kurdish (and every other ethnic aspect), say that the country is on the brink of irrevocable civil war...

Priced for Obliteration

Momentum Feedback Loop
What happens to a generation of self-absorbed dumbfucks who want a tax cut for the ultra-wealthy, cheap oil from terrorist-sponsoring nations, two prolonged blunders to teach those foreigners the "American way", a stock market at all time highs, and game show hosts running the entire circus? Well, something had to go. In this case it was just the economy and the children's future.

The stock market is rising because it's rising. It's locked in a momentum feedback loop which is merely a contest to see who can throw the most money down the shit hole before this entire self-delusional ponzi scheme collapses for good. ETraders are blowing smoke up each others' asses at the joy of the Dow rising every day, as they throw every last dollar of retirement funds into the market...