Nothing Can Stop It: “An Economic Collapse that is Going to be Worse than 1929” *Video*
Before anybody in America ever cared about AIG, credit markets or bailouts, Karl Denninger had warned that the fuse was burning and had “gone inside the box.” This was in September of 2008, about a month before the bottom fell out of global markets and the...I Hope You’re Ready: “The Sell-Off Today Is The Start. Not the End.”
They’d have us believe that happy days are here again. And, if your only source of information for economic news is the mainstream media and their talking heads, then in all likelihood you’ve bought into the hype about an economy on the rebound, consumers...Obama Says “Everybody Underestimated It” – These Contrarians Didn’t
President Obama defends his deficit spending and handling of the economic crisis in an interview with WAGA-TV, arguing that everybody – experts, economists, analysts and advisers – all underestimated the severity of the downturn: “Well we’re...Denninger: “I Hope You’ve Taken the Last Couple of Years to Become Prepared”
Karl Denninger, who forecasted the breakdown in stock markets a couple of weeks before the crash of 2008, says that all hell is now breaking loose: You’ve once again had your 401k and IRA whacked by the incessant lies and scams promulgated by your government and...Government Will Have No Ammunition to Counteract the Next Market Collapse
The debt ceiling debate has been blamed for the stock market drops around the world over the course of the last two weeks, and many Americans likely believe that once that debate is resolved stock markets will bounce back. But what if the news surrounding the debt...
