Update 10/11 - Weekly
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Uploader Comments (kdenninger)
All Comments (210)
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The days of the locusts are upon you,while most Americans stumble through life with a false reality steeped in a false history
foisted on you by apologists and propagandists
American people will soon start staggering into reality
for your money is gone it will be replaced by foreign money the biggest blow out in the history of mankind has taken place and cannot be mended as the new money comes and you wake up in the North American Union
Know that the true north strong and free stands by you.
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the coming austerity will shake your foundations of what is real ,but the deafening silence in America concerning the reality of your situation will give way soon as the flood gates open and the reality takes hold
when banks defraud the world forces not seen by you do things that bring empires to their
demise. Ron Paul warned you and you ignored him,but I assure you soon no American alive will forget the date october 15 for it will be set in stone.
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prepare for the Rock has never been defeated by all other empires that tried.
and your leaders like the leaders during the
Vietnam war are drunk on arrogance and power
this war will end one day but it has already
assured the loss of your status as sole super
power take care it does not leave you without a home no pensions loss of 401k and in bread lines .
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America is up against the Persian empire
commonly known as the Rock , Christianity
has derived from it's ancient religion .
it is sucking your pensions ,401k's and everything else down the corrupt system known as wall street.
it is bankrupting you all but your arrogance will not allow you to lose this war
the marketshare being vacuumed by corrupt methods
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and a mccain and his party in power would turn things around.. i think not
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This should ruffle a few feathers.
NWO puppets giving the SAME speech
watch?v=qSPYMZKPt2U
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The reporter on fox just said do we even need auto makers anymore, get rid of the auto makers in this country. Thats whats she said I'm not kidding insane.
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Interesting Clip from 10-13-08
Peter Schiff interview(former fin'l advisor to Ron Paul). watch?v=jB9fuIvksLw
Financiers are now studying the Weimar Republic. Germany entered WWI by borrowing the cash for war (sound familiar?), then couldn't repay, causing them to hyperinflate their currency, and opening the door to Hitler's power.
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Argentina gave most of their money to the banks, and their credit dried up too.
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There will be an update this weekend....
Short answer right now is that VERY SMALL improvements in credit have been seen, which is why the market hasn't totally gone to crap. Key words here are VERY SMALL.
That's not good and it won't hold unless REAL improvements show up and soon. This "recovery" in the stock market has a half-life of days to a couple of weeks unless structural changes are seen.
kdenninger 3 years ago
Mr. Denninger,
your predictions for Monday were extremely accurate. After the U.S. announced they were going to give money direct to the banks, the DOW rebounded very strongly.
I and many others believe this is a very deceiving. I believe the tide is receding very far away, and the only course left is for it to come back.
A crash on our shores.
DHTCAMUS 3 years ago
Not immediately.
Watch the credit markets. I was surprised at the strength of this with LIBOR and TED coming in only a bit, but the bond market was closed.
Volume was LIGHT. Little liquidity means big moves backed by nothing.
Ted and LIBOR better come in tomorrow or this gets nasty fast. This is not an investors market; it is for traders who can be fleet-footed ONLY; if you're not, sit in short-term Treasuries or an FDIC-insured BANK!
kdenninger 3 years ago
George Soros's ideas for ending the crisis:
-- First, the government needs to recapitalize the banking system by buying equity stakes in banks.
-- Second, interbank lending needs to be restarted with guarantees and bringing LIBOR (London Interbank Offered Rate) in line with Fed funds. This is in the works. It is going to happen.
toosinbeymen 3 years ago
Yeah, that worked great. Not. Libor didn't come in anywhere near what it should have, and all that "unlimited" liquidity was bid for and disappeared in about an hour.
The gun was fired and went "Fizzle!" Now what?
kdenninger 3 years ago