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.

Thursday, December 11, 2014

The Daily Meltdown

We've never seen this before: The 8th Hindenburg Omen in two weeks.

Skynet is getting desperate...

Greece getting greased due to the upcoming election and a possible Euro Exit

Emerging Markets following crude lower - answering the dumbfuck question of the day:
"is this demand related?"

Junk bonds (high yield) over-exposed to the Black Swan in oil, diverging somewhat from stocks (black line):

Yes, of course United Airlines closed at a new all time high

Cheap oil trumps collapsing global economy. For now.

Can the oil collapse implode global markets?
Yes, it is - between epidodes of the Kardashians, of course.