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.

Wednesday, March 11, 2015

Socialism For Billionaires. By Goldman Sachs.

The Middle Class bailed out the billionaires, and then the billionaires laid everyone off

"Things have never been better"

Here is Central Planning for Billionaires. The Euro has fallen 24% in one year. The Dax has gained 38% since this past October. European wages are stagnant, unemployment is rampant, import prices have risen 24% in dollar terms. The Middle Class is getting squeezed into oblivion. The oligarchs are making bank.

The biggest bubble on the planet, this side of Spanish Ponzi bonds

The German DAX is up 38% in 100 days. That's 160% compounded annually:
Rate of change (lower pane):

The Euro is at $1.05 to the dollar, down from $1.38 a year ago.

The monetization of the Middle Class continues, in broad daylight. Draghi-nomics, by Goldman Sachs.