denninger
Jobs Report Is A Train Wreck
The report below is typical take-no-prisoners Karl Denninger's interpretation of the latest labor report. Contrary to the rose-colored paint that the media and Wall Street is attempting to smear on this pig, Denninger gets it right with this line: "This report is a train wreck." The Market Ticker – Employment Report: WATCH THE HAIR [...]
Denninger on Fiscal Situation
An interview with Karl Denninger regarding the fiscal cliff and a coming downgrade is about 12 minutes in length:
What Will It Be Like After the Collapse?
Those who wonder what will happen when the economy/government collapses may not have to wonder for long. Things seem to be deteriorating rather rapidly both here and abroad. Karl Denninger speculated about what a collapse means and provided a partial list of what he expects: Every pension fund blows up. All of them. Many doubled [...]
Obama’s Self Image Destroys His Presidency
The power of the Presidency is nowhere near as great as Obama believes it to be or would like it to be. Nor is his charisma. His presidency, to the extent it had any chance to succeed, is failing because of both beliefs. Obama’s confidence in his powers of persuasion and charisma appear unlimited. Unfortunately, [...]
House of Cards Around The World
The video below is probably the best reporting I have seen on CNBC for a long time. It puts the financial system of the world in perspective. The rating agency, Egan-Jones, is not beholden to the US or any other government. It works solely for clients with the purpose of protecting them and their assets. [...]
Insanity or Other Motives at Work?
Albert Einstein defined insanity as doing the same thing over and over and expecting a different result. By that definition, clearly our economic policymakers in Washington belong in the little rooms with padded walls. Karl Denninger discusses below the use of debt as a means to bolster GDP. There is not a sign of evidence [...]
Banking System Collapse?
Market Ticker presents an important Dylan Ratigan video dealing with the insolvent banking system. This problem is a gigantic mess and probably too big for the crooks in Washington to cover up. That doesn’t mean they won’t try.
Not a Sell-off, a Collapse
Karl Denninger’s summary on Obama’s CNBC press conference: So as an investor you are reduced to one – and only one – question: How long will the “bubble view” of both Treasuries and Equites hold up – that is, for how long will people buy both stocks (at ridiculous bubble-spending levels where the government is providing [...]
Your Eyes or Government Data?
No need for “Green Shooters” or “Kool-Aid drinkers” to read the following. Be comfortable in your rosy world without letting facts intrude. The rest of you, however, better be prepared for what is coming. It is not going to be pretty! In a piece, reminiscent of Groucho Marx’s line, “Who you going to believe — [...]
Denninger not Impressed
Karl Denninger rants often, but usually accurately. Here is his take on this economy: Green Sharts! Chicago Fed Index -0.63 by [email protected] (Karl Denninger) Oops…. Led by deterioration in production- and employment-related indicators, the Chicago Fed National Activity Index declined to –0.63 in June, down from +0.31 in May. Three of the four broad categories of [...]
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RICHARD RALPH ROEHL
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