Karl Denninger's Cryptic Message: "It Has Started...that is all." | |
Face Palmer User ID: 1149868 Germany 02/12/2013 08:26 AM Report Abusive Post Report Copyright Violation | And what is "it"? "The world will soon wake up to the reality that everyone is broke and can collect nothing from the bankrupt, who are owed unlimited amounts by the insolvent, who are attempting to make late payments on a bank holiday in the wrong country, with an unacceptable currency, against defaulted collateral, of which nobody is sure who holds title." Never attribute to malice that which is adequately explained by stupidity. The woman who is not pursued sets up the doctrine that pursuit is offensive to her sex, and wants to make it a felony. No genuinely attractive woman has any such desire. - H.L. Mencken, In Defense Of Women |
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Buck Zander User ID: 26745463 Canada 02/12/2013 08:44 AM Report Abusive Post Report Copyright Violation | Copying my response from the other thread: Denninger has been crying "collapse!" for over a decade now. He is about as good a read/listen as Schiff, Keiser, Celente, Faber, Taleb and the like and gets it right, along the way, at about the same frequency. Even a broken watch gets the time right twice a day. There must be a law that people can't lie. |
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ReVbo™ User ID: 34200965 United States 02/12/2013 08:53 AM Report Abusive Post Report Copyright Violation | Copying my response from the other thread: Quoting: Buck Zander Denninger has been crying "collapse!" for over a decade now. Well, the Collapse has been happening for the last decade for more and more ppl to see. Exactly. It's hard, predicting just when it's gonna happen. It should've happened many times before, but you can never underestimate these Keynesians. They may be wrong, but they're not stupid. They learned a lot of fancy tricks with all those Ivy League degrees and they're gonna pull every last one of them out of their bag before it's all over. John 8:32 And ye shall know the truth, and the truth shall make you free. |
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biscuits and gravy User ID: 1072087 United States 02/12/2013 09:32 AM Report Abusive Post Report Copyright Violation | it's gotta be something that Carl was told through his political connections on the condition that he keep it to himself. So I don't think it is market related or currency related. On those issues he's way ahead of any politician and doesn't need to be sworn to secrecy. Last modified: 2013-02-12 09:30:02 by quads4444 One Tequila! Two Tequila! Three Tequila, ...... Floor! |
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Anonymous Coward User ID: 1277757 Saudi Arabia 02/12/2013 09:44 AM Report Abusive Post Report Copyright Violation | Denninger is a fade. Dude has been a mega bear since 2009 and has been run the puck over. Quoting: Anonymous Coward 1277757 Sometimes Denninger is off base. Anyone able to comment on this track record for accurate doom casting? He said short the banks and REITs in 2009. Most of them are up over 400% since. Has been bearish on gold - gold goes to $1900 and he is a screaming bull. Opps. |
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