Karl Denninger-Headed for a 1930’s Style Depression
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Is the economy getting ready to crash or take off to new highs? Karl Denninger of Market-ticker.org says, “How do you take off? Where is the consumption base that forms 60% of our economic output? We have a small percentage of the population that has done extremely well with this so called reflation. However, we have everybody else who has done very poorly.” One of the biggest drags on the economy will be further implementation of Obama Care in 2015. When next year comes around, Denninger says, “The worst of this impact will come after the elections in November. I think coming into 2015, you are going to see a major deterioration in the employment index. That’s bad news for the economy as a whole.” Denninger thinks we could be headed for a 1930’s style depression and adds, “The longer that the Fed stays involved in their manipulation of market rates, the more likely it becomes. . . . The problem with the Fed and fiat currencies is, in nominal terms, you can prevent the deflation.” Join Greg Hunter as he goes One-on-One with financial analyst and writer Karl Denninger.
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"The Aristocracy of Commitment."
This is what I mean when I say "Lump sum pay-out."
The worth, to me, and others, of an armed man in the middle of a historical crisis -
10,000,000.00 United States Dollars -- or a equivalent value.
( A third party that isn't asking for donations.)
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Is Karl's wig bullet proof....?
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"air power has never won a war." Oops I forgot about Nagasaki, didn't I?
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HITLER WANTED RUSSIAN OIL FIELDS ! CHENEY WANTED IRAQ OIL FIELDS ! BOTH USED MILITARY AS PAWNS
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Thank you, Greg. Karl is a very sensible fellow, and seems likeable as well.
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Air power is nothing more than highly mobile artillery
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Every schoolboy knows a deflationary depression is coming. It has been delayed by the money printing, but cannot be avoided. In world you always have to pay the piper in the end.
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Throw the intelligence community 'under the bus'. They armed the Taliban, they used gas in Syria trying to get the US to attach Assad, they failed to predict the Soviet invasion of Afghanistan, the didn't prevent the Rosenberg Jews from stealing the US atomic secrets in the 50's, they didnt predict the fall of the Shar of Iran, they support Israeli State terrorism, they didn't stop the Zionists from doing 9/11, they helped the Jewish Lobby to assassinate the Kennedy brothers, they helped the Zionists assassinate JFK Jnr, they purposely got the WMD wrong so the US would go to fight yet another Israeli war in Iraq, they run the concentration camps of Gitmo and Al Gharib...Obama is right. Fuck the 'intelligence community' I say.
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Murder of lots of Americans, but not just Americans. Lots of other nationals died at 9/11 too. The Zionists did this and will pay the price in the end.
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It will be far worse - in the 30's people were more self reliant - now they pay for everything - food water heat entertainment - etc - . the culture is vastly different.
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The comming economic collapse will be nothing like the "1930's style depression" it will be unlike anything we have come to pass with, reason being is there will be environmental changes coupled with an economic system that is fictitious and unreal to a certain extent that the paper it is printed on is worth more then the value we have given it.
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Karl stick to the economy.
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Wow. Got to remember not to check out this channel. Greg Hunter is a true hack.
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At 5:37 he talks the truth about Benghazi. We were funneling arms through there because the network had been created when we took over Libya. We just never stopped the funneling of guns and locals knew about it.
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were going tit's up today oct 9th
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also regarding gross, don't you mean a big fish in a small pond?
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how can we take off? with a global economy, we're so interconnected that how can we take off when, for instance, china's housing market is tanking and there are so many derivatives exposed to that??????
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Sorry men. But, those who dream in returning to Gold standard are those who want to control the gold mining and gold production in order to control currencies, governments and nations. Also, as gold is limited, the emition of currency based in gold is also limited. So, when the gold is fully emited, then the world economy reach its END. That's impossible under the modern monetary system.
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Riiiiiight.... because it was too much government involvement in the economy that caused the 1930s depression (rather than got us out), and "Obamacare" is causing a demonstrable drag on the economy. o_O All kinds of fantasyland bullshit here.
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How can there be so many smart people in this country yet we have the biggest boob in history running the place?
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