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.
Thursday, December 4, 2014
Deflationary Body Count
Slowly at first, then goodbye to all that...
These remaining sectors are all 100% correlated due to HFT, so they'll all go at the same time. Then blogging time will be over, because we'll all be on the same page finally.
