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, January 16, 2015

Psychopath versus Psychopath

Central Banksters conned Wall Street into believing that the imagined "recovery" is real

So Wall Street went "All In" Betting on a Fake Recovery
ZH: January 16, 2015

Leveraged funds at RECORD SHORT 30 year T-bond:

The bet is that the economy will float back from China any day now...

WALL STREET'S HOUSE OF PAIN VISUALIZED
Shorting this will be hazardous to one's financial health.
Thirty Year Treasury bond at all time high

And of course, Prechter & Co were wrong, but nobody really gives a shit

Their assertion has been that long-term Treasuries peaked in 2012, an opinion of course that was wholly inconsistent with the deflationary thesis, and the experience of the early 1930s. And inconsistent with the minor detail that short interest is at a record high, with bond yields at all time lows.