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.

Sunday, November 15, 2015

The Hardest Landing: Tech Moonshots Are Coming Home

To generate the fastest collapse possible, catapult the largest cap tech stocks straight vertical at the very end phase of a bull market and then stand aside as they return to reality in a no-bid market...the last mega cap moonshots holding up this charade are now rolling over, look out above...

The Tech overthrow was a bull trap. The sector is now back at February levels:

Key moonshots are descending rapidly
Amazon -5% from highs

Facebook
-6%

Google
-4%

Microsoft
-3.6%

Priceline - 12%

Netflix -20%

It doesn't help that the world's largest stock is gapping down at the same time on news that the iPhoney 11++ isn't selling as well as the iPhoney10+...

And it doesn't help that Alibaba has been flagged as the next Enron...