(As many as 10,000 people a day are flooding into Europe from the middle east) In Europe, Right Now — Here, In The US TOMORROW By Karl Denninger Let me explain what you’re not seeing reported about the European situation right here, right now. There...
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...
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...
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...
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...
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...