Ponzi World (Over 3 Billion NOT Served)

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.

Friday, December 5, 2014

All Clowns Report to the Circus

'Tis the Season for Willful Self-bankruptcy, in God's name. Amen

Consumption Sentimentality

U.S. Stocks versus rest of the world composite

Russian Stocks with Brent Crude

Junk

IPO index

Russian Programming

Deja Vu Canadian Style

All Commodities

Credit Spreads versus U.S. stocks
We've never seen this before

The True Nasdaq
More Russian programming

NYSE Tick: Ratio of up/down trades (unweighted by volume)

Global macro: Gold, Canadian Dollar, Commodities, Russian Stocks
One of these is not like all of the others...

Wishful thinking
There's no way out of the Hotel Californication:
Put/call Ratio

Fool me three times. Shame on me.

Just waiting for the last clowns to join the circus.