Monday, May 11, 2009

Denninger on the economy

http://market-ticker.denninger.net/archives/1030-The-Economic-Tsunami-Is-Curling-Over.html

I like his logic on the "Singularity". Any comments? Does anybody see anyway this could be avoided?

2 comments:

lagscrew said...

here is one

you have to listen to this-please!!!!


http://www.youtube.com/watch?v=PXlxBeAvsB8&feature=player_embedded

mlytle said...

Hi lagscrew,
I just saw your link, it's sad but not totally surprising. This society/economy is being run completely into the ground. That this administration and media can talk about "green shoots" when this type of theft is going on, is beyond amazing. Only thing more amazing than this is the (so far) almost total passivity of the U.S. population.

Mark L.