What this era represents from end to end is a demographic disaster, compounded 10x by 0% for eight years straight. A non-existent rate of return, itself a function of cannibalizing the economy for short-term quarterly profit. Now having herded the lemmings into the casino in a zero sum Ponzi scheme betting that the longest bull market in history will last forever. All while cannibalizing the status quo at an accelerating rate. In other words, disaster capitalism ran out of things to eat overseas and came home for the last supper…
Wednesday, October 24, 2018
Waterfall Crash In Real-Time
How else can you have a crash in broad daylight but in a society full of salesmen? Talking constantly while saying and knowing absolutely nothing, other than knowing how to con the next fool to make the quarter. The Madoff-inspired Financial Services industry is preying upon retirement anxieties in order to keep sheeple locked in the casino…