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.

Saturday, December 29, 2012

The Scylla and Charybdis Called Reality

Hedge fund redemptions, a failed Santa Claus rally, inexplicable bullish sentiment, the ongoing fiscal cliff clusterfuck, leverage at multi-year highs, punk holiday sales, weakening consumer confidence, rising VIX (see below), an Elliot 3rd Wave (down) at multiple degrees of trend, all packaged in a candy-coated suppository administered by HFT bots, courtesy of Central Banks.

Prepare the Escape Pod for Evacuation
Meanwhile, the smart money has ignored its own advice (to buy stocks) and instead increased their holdings of U.S. Treasuries to a record level.

For the Idiocracy - Your Bus Is Now Loading...Faux News On Every Station...

Lastly, as we see below, the jaws of reality are at three year wides, to lure as many oblivious fools as possible onto the bus ride into the abyss...