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, September 21, 2016

Eight Years of Ponzi

In 2008, Lehman brought down the global financial system via exposure to the $700 billion subprime market. Today, Deutsche Bank made a new low, having merely $50 trillion in notional derivative exposure...

Banks don't like 0%

Ameritrade

JPY aka. Overnight risk...

Cash balances inverted

Staples

Homebuilders

Average U.S. stock

Mind the Gap 'n Crap