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IPFS News Link • Economy - Economics USA

Karl Denninger: Ten Things For 2010

An honest evaluation of who you can trust and who you can't is, in coming years, likely to be the most-important decision you will make, and you will make it time and time again. Being wrong over the last 20 years has cost you some money. Being wrong in the coming decade may throw you into rank destitution at best and cost you your life at worst. This is no laughing matter and there is no way around the facts. This is a somber message on a day when order is being lost in the FX markets, and those, my friends, underpin literally everything. As I post this the same scenario that set up the collapse last Thursday in the FX is presenting itself again. There is no guarantee it will produce another crash, of course, and in fact odds are it won't. But the yellow light is on, and if we get another one of these things it is unlikely we will bounce at all - the market will just go straight down the toilet instead. Forewarned is forearmed.

1 Comments in Response to

Comment by foundZero
Entered on:



It's me, Oyate. The real one this time. I chose to post on Denny's thread because he's my friend and...

Hey brave people, Oyate is getting the cra beat our if him in public by this troll. And guys, are we gonna let a little thing like a troll get us down and circumspect the reticent?


Have you noticed, that despite my best tuttilage, my troll cannot manage quadrasyllabic phonemes?  Christ, the fact that my troll has even mastered bastard English is beyond me. And if he/she can even comprehend this dialogue and understand it to be the belitting statement it is, well bully for them! They just took a quantum leap foreward to be roughly on par mentality with my dog.