Wednesday, October 08, 2008

Karl Denninger video 7 Oct

Karl Denninger says yesterday 10.7. 2008 that there was a sell off of both stocks AND bonds. Not good. He's telling people to prepare for stock/bond/credit collapse and have enough cash and food for at least 6 months - hat tip Virgo


At 10/08/2008 9:24 AM, Blogger Louisa said...

Did I miss something about a bond selloff yeserday (10/7). Mr. Denniger says bonds sold (he meant U.S. right?) and from what I saw, bonds did not sell off, they were stronger (and yields lower) going back a month now and including yesterday. I don't understand what Denninger is saying. Can someone help me understand? Thanks.

At 10/08/2008 5:04 PM, Blogger David said...

October 7, 2008






At 10/09/2008 6:59 AM, Blogger 45north said...

I my fantasy world I would replace Paulson with Denninger! Denninger is that German?

At 10/09/2008 7:22 PM, Blogger David said...

Technically, both Paulson and Denninger are Germanic/Teutonic names. They have origins in any of the following nation-states: Denmark, Sweden, Norway, Germany, Austria, Switzerland, Luxembourg, Netherlands. Iceland, Belgium, USA, South Africa, Australia, New Zealand, and England have names originating from any of the preceding nation-states.


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