[turner]

$this->bbcode_second_pass_quote('AirlinePilot', 'D')enninger has made some calls over the last few years. Unfortunately he has almost exclusively called it right Along with Schiff, Roubini,Taleb, Shedlock etc.

Choose to disregard this analysis at your own peril. I've done a lot of research into Denningers math and really he isn't wrong. The only thing he may get a bit incorrect is the magnitude and the timing. Long term i believe he is correct and his calls are more about waking folks up to the rape of our money and a call to action. His stuff is read by most as Tin but I believe he is going to be looked back on as being very correct about what happens.

I think there is still room for us to go down either path, be it deflation, or inflation, there are still things which point to either one being plausible.

Denninger's math right now is I believe unassailable. He has it nailed. I plan on following this guys calls and advice. His track record on a lot of other things has been clairvoyant for over two years now.

What I see here and many other places is analysis based on traditional outcomes and economic/financial environments. Karl's take is not based on that and rightly so. We are in uncharted waters. We are seeing the remaking/remodeling of our banking and monetary system undergoing massive change and implosion right in front of our faces. The further loss in valuations of just about every category of financial instruments will be nothing short of devastating. The reset of capitalism which is needed every twenty years or so is being desperately and incorrectly fought right now. Instead of allowing the reset to happen allowing debt to be cleared we are putting it off with ridiculous amounts of more debt. We are doing it fiercely and doing it globally. That cannot be sustained.

As Karl rightly puts it, we are past the event horizon and either way the end result will be bad. There is no soft landing coming, it will be all bad no matter how this plays out. The longer we wait and fight it, in some false hope of positive moves which will not come, the bigger the crash becomes on the other side. The time is now to expose the banks, the ponzii scheme that is government and monetary policy, and the nonsense that "green shoots" and sentiment can change the new pardigm that we are in.

[rangerone314]

Disastrous deflation first, followed by disastrous hyperinflation. Weeeee!

[mos6507]

$this->bbcode_second_pass_quote('NoWorries', 'O')k. But my point remains that he has been saying the same thing for a long time, and it hasn't happened yet.

WHEN?

[vision-master]

Did Matt Simmons predict the World depression?

Nope......

Maybe that's why we haven't seen the super-spike?


YET!

[BigTex]

I like Denninger, but it may be time for him to take a vacation. He's getting a little shrill.

He reminds me of the following comment I heard once:

"Never bet on the end of the world, because it only happens once, and even if you're right there will be no way to collect your winnings anyway."

I think that many of the doomer crowd are spot on about the "what", it's the "when" that is the open question.

Think about how long other corrupt systems and organizations have hung around. One would have thought that Newton and Galileo would have put the church out of business centuries ago, but it's still going strong.

[vision-master]

Web forums are a very primitive way to communicate telepathically with many people from all over the World. Give it time.

Were still communicating by smoke signals.

[cipi604]

$this->bbcode_second_pass_quote('TheAntiDoomer', '')$this->bbcode_second_pass_quote('AirlinePilot', 'D')enningers advice and calls have made me a tidy sum of money already. Ill trust him far more than the cornucopian dolts here and the pumpers on CNBC and the MSM any day.

I cannot argue with the voice of reason backed by objective and realistic analysis of available data.

[vision-master]

The Bailout Bubble - The Bubble To End All Bubbles


$this->bbcode_second_pass_quote('', '&')quot;All of this terminology is econo-jargon," said Celente. "It's like calling torture 'enhanced interrogation techniques.' Washington is inflating the biggest bubble ever: the 'Bailout Bubble.' "This is much bigger than the Dot-com and Real Estate bubbles which hit speculators, investors and financiers the hardest. However destructive the effects of these busts on employment, savings and productivity, the Free Market Capitalist framework was left intact. But when the 'Bailout Bubble' explodes, the system goes with it."

The economic framework of the United States has been restructured. Federal interventionist policies have given the government equity stakes, executive powers and management control of what was once private enterprise. To finance these buyouts, rescue and stimulus packages -- instead of letting failed businesses fail and bankrupt banks and bandit brokerages go bankrupt -- trillions of dollars are being injected into the stricken economy.

Phantom dollars, printed out of thin air, backed by nothing ... and producing next to nothing ... defines the "Bailout Bubble." Just as with the other bubbles, so too will this one burst. But unlike Dot-com and Real Estate, when the "Bailout Bubble" pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

[DantesPeak]

$this->bbcode_second_pass_quote('', 'B')ut unlike Dot-com and Real Estate, when the "Bailout Bubble" pops, neither the President nor the Federal Reserve will have the fiscal fixes or monetary policies available to inflate another.

[vision-master]

shotonoil figured by the end of 2011?

[DantesPeak]

$this->bbcode_second_pass_quote('vision-master', 's')hotonoil figured by the end of 2011?

[AirlinePilot]

It hasnt been Denninger's portending of doom that has made me money. I've been reading him for years. I did not participate in the latest downturns since early 2008 so have avoided any real losses in my 401K/other investments. Being up 40% compared to the markets sure feels good right about now and all I did was to move out of them!

I'm not optimistic currently, dont see how you can be.

$this->bbcode_second_pass_quote('DantesPeak', 'I') look for a chaotic situation developing at some point before the end of 2010, following the path of Weimar Germany - only with supercomputers instead of paper. Although due to the importance of the US dollar in the world, the rest of the world won't allow money creation to get too crazy before something is done.

[IgnoranceIsBliss]

We need to finance the healthcare reform package (to the moon!), throw around some money to keep houses selling ($15,000 to every buyer?), loan money to the states so they can keep paying unemployment benefits, loan money to the FDIC & fund increasing Medicaid and food stamp rolls.

These are just a few of our wants. Add in a possible rebuild of the missle defense shield just for good measure (with newer and better technology of course!)

There is no way in heck this can work out well. There are too many people depending on government benefits just to keep from starving. We are way over the cliff.

[beamofthewave]

While then why not just claw back the 20 trillion we have given the banksters for precisely nothing and use that money to assist the citizens in transitioning to a peak oil world? We could put insulation in every single home and building, put solar panels and windmills on every building, green rooftops, buy topsoil for all the farms and make it so the topsoil does not runoff into the rivers, have green cleaning products for everyone, clean up the rivers and streams throughout the country. But NOOOO, Obama just wants to take care of the banksters and ultrarich. Makes me want to puke.

[Daphne64]

$this->bbcode_second_pass_quote('beamofthewave', 'W')hile then why not just claw back the 20 trillion we have given the banksters for precisely nothing and use that money to assist the citizens in transitioning to a peak oil world? We could put insulation in every single home and building, put solar panels and windmills on every building, green rooftops, buy topsoil for all the farms and make it so the topsoil does not runoff into the rivers, have green cleaning products for everyone, clean up the rivers and streams throughout the country. But NOOOO, Obama just wants to take care of the banksters and ultrarich. Makes me want to puke.

[TreebeardsUncle]

I don't believe in a deflationary or inflationary collapse coming or other hyperbole.
The panic has passed. Am moving out of oil.
Recommend the following: V, PCU, FCX, VALE, AAPL, and barrick gold. They have been doing well lately. Metals will continue to do well as demand from the orient in particular picks up. Communications are in demand and communications mean copper will be needed.
The world's copper supply is about 29% depleted now and the lead time for production is long.
Expect to see great appreciation in PCU and FCX accordingly over the next 18 months.
g

[deMolay]

Just when the G20 and the global elite had declared all was well. Come on in, bring your wallet. That dirty filthy scourge of DEFLATION creeps out. My My, you mean all is not rosy? http://www.theglobeandmail.com/report-o ... le1306056/

[deMolay]

There Is No Spark, in Canadian economy. A 0% GDP growth for July. http://www.theglobeandmail.com/report-o ... le1306631/

[mefistofeles]

Yeah that's what I'm going to tell my gold dealer the next time I try to buy a Kruggerand or a round of silver. Wait you're charging me too much haven't you heard there's deflation. Or maybe I should use the same argument when I fill up and have find myself spending $3.50+ per gallon. This is too much haven't you heard we're in a deflationary climate.

[heroineworshipper]

Just 1 web page about Japan deflation & now it's globally taking root again. Sheesh. Look. Gas is $3.13 & everyone's cashing out their government mortgages & back to hauling their SUV's 50 miles every day.