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, November 19, 2015

The U.S. "Healthcare" Cartel Is Going Out of Business

Which will collapse first, the bloated healthcare system or the ludicrously overpriced university system? Costs keep going up while ability to pay is collapsing...

Jim Cramer:
"No one's making money, this is staggering"
"It's reaching a crisis level"

Premium increases have led the healthiest people to leave the Obamacare exchanges rendering them "unprofitable". Of course, if those "invincibles" have any type of accident, they're bankrupt, but they're probably bankrupt already anyway...

This just in:

"Because no one's making money"

Price performance
Healthcare (red) versus S&P since 2009: