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.

Tuesday, August 23, 2016

The U.S. Is Already In Recession

Counting debt accumulation as "GDP" is Terminal Idiocracy, because it merely papers over a recession already in progress...

For 2016, the government projects a -3.3% deficit while first half GDP was 1%. On a debt-adjusted basis, the Obama wreckovery was 100% fake:

GDP growth - Deficit as % of GDP:

Manufacturing orders:

Capacity Utilization with 0%:

Inventories - Sales:

Profits (year over year change, $billions):

Labor Market Conditions

Yields (10 year, 2 year):

Banks

Transports

Retail

Consumer staples with global GDP:

Small Cap Growth stocks: