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.

Monday, March 9, 2015

Breaking Bad: Revisiting The Lehman Indicators

Central Banks have totally fucked up the business cycle, so we now have to look to the "Lehman Indicators" to see where we are in the cycle. Lest we're tempted to buy GoPro shares in the middle of a recession. These are the stocks that peaked late(st) last time:

Beer stocks are the ultimate "late stage" indicator, since they actually peaked AFTER the collapse. Now they are currently at the bottom of a bearish rising wedge: