Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Ten Things for 2010 (Denninger/Market Ticker Strong Warning)
The Market Ticker ^ | May 14, 2010 | Karl Denninger

Posted on 05/14/2010 8:42:21 PM PDT by Travis McGee

(This is from the middle, but go to the link and read it all.)

Get those "sudden stop" plans in place - NOW. If you're in a big city you're in big trouble. Find friends or relatives that aren't and see what you can do about a place to go where you have a reasonable shot at avoiding the worst of this. Look, all-out civil unrest (or worse) is a low-probability event but if you get trapped in a big city and the worst comes that city will go feral within hours and become a free-fire zone. What's worse, many of these cities are openly hostile to citizens having and using effective self-defense; the bad guys don't give a damn about laws - that's why they're called criminals. There really are bogey men in the world - they're called gangs folks, and they would love the opportunity that a breakdown that would come with such an event. In such a circumstance the only way to win the game is not to play. This is all about where you are, not what you have.

If you haven't acquired the means of lawful self-defense in whatever form or fashion you deem prudent at this point, the time to do so was yesterday. You need time and practice as you need competence - the biggest component of self-defense is the thing found between your ears, not the thing in your hand(s)! I know I've harped on this before but if you think you can go buy a gun when things get dicey and be "protected", having invested nothing in practice and/or training you are very likely to have that weapon taken from you and then be shot with your own gun. That's a crappy way to die; if you're unwilling or unable for whatever reason (including legal restrictions where you live) to acquire the means of defense then being concerned about the above (where you're going to go, how you're going to get there, and what you've got for supplies) becomes even more important.


TOPICS: Business/Economy; Government
KEYWORDS: banglist; cwiiping; denninger; kook; prediction; prophecy; ticker
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-80 ... 181-184 next last

1 posted on 05/14/2010 8:42:21 PM PDT by Travis McGee
[ Post Reply | Private Reply | View Replies]

To: Eaker; afnamvet; AK2KX; Ancesthntr; An Old Man; ApesForEvolution; aragorn; archy; ArmedSkeptic; ...
CW2 Ping


2 posted on 05/14/2010 8:43:15 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Travis McGee
Karl Denninger warns starkly in today's column that the wheels are coming off the train as it's heading for the canyon where the bridge is out. Here is the end of his column:

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.

3 posted on 05/14/2010 8:46:17 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Travis McGee
I was born on a cusp....looks like I'm going to die on one.

Crap.

4 posted on 05/14/2010 8:47:20 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Lurker

A front row seat to interesting times.

Time to hunker down.


5 posted on 05/14/2010 8:49:35 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 4 | View Replies]

To: TigerLikesRooster; FromLori; dennisw; rabscuttle385; Black Agnes

Recommended reading at Market Ticker.


6 posted on 05/14/2010 8:50:24 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Travis McGee
A front row seat to interesting times.

If I had a choice, I'd pick boring.

7 posted on 05/14/2010 8:50:24 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Lurker

Me too. I’m on the downslope of 50, and I’d like to coast a little, but can’t.


8 posted on 05/14/2010 8:51:58 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Travis McGee

I’m already a reader of Denninger’s site, but may I be added to your ping list?


9 posted on 05/14/2010 8:53:58 PM PDT by perfect_rovian_storm (The worst is behind us. Unfortunately it is really well endowed.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: perfect_rovian_storm

You bet. It’s a ping list involving “CW2,” but I ping anything concerning market collapse leading to civil disorder etc.


10 posted on 05/14/2010 8:55:20 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Travis McGee

oh for god’s sake. enough with the drama. where’ this guy’s money invested? lemme guess...gold.


11 posted on 05/14/2010 8:55:31 PM PDT by Round 9
[ Post Reply | Private Reply | To 1 | View Replies]

To: Travis McGee

Well, either crash or another tsunami of fiat money flooding into financial market by central banks of the world.


12 posted on 05/14/2010 8:57:44 PM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Travis McGee

I’m on one of the CW2 ping lists, but not yours I don’t think. I’d like to be on all of em if I can.

BTW, I just bought a copy of EFAD a couple weeks ago. It’s next on my reading list. Glenn Beck keeps distracting me with other things, but I’m dying to get to it.


13 posted on 05/14/2010 8:58:31 PM PDT by perfect_rovian_storm (The worst is behind us. Unfortunately it is really well endowed.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Round 9

From what I’ve read on Denninger’s forum (not a big readers since market stuff is like Greek to me), he is not a huge gold guy.

He’s a very smart man.


14 posted on 05/14/2010 8:58:45 PM PDT by little jeremiah (http://lifewurx.com - Good herb formulas made by a friend)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Round 9

Nope. Not at all. Read the column at the link. He thinks gold is stupid since he’s calling for a deflationary depression, not hyperinflation.


15 posted on 05/14/2010 9:00:08 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Travis McGee

That reminds me, I need to site in some rifles.


16 posted on 05/14/2010 9:00:11 PM PDT by Blood of Tyrants (The US will not die with a whimper. It will die with thundering applause from the left.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Travis McGee

add please


17 posted on 05/14/2010 9:01:20 PM PDT by phockthis
[ Post Reply | Private Reply | To 10 | View Replies]

To: Travis McGee

The worst thing is not dying, since we all have to do that anyway. The worst things IMO would be to be helpless and at the mercy of whatever kind of Big Dogs are calling the shots at any given time; being a refugee, pawn, etc, being tortured, or especially watching those you love and are responsible for suffering.

Dying - I’ve come *this* close several times and although it certainly focuses the attention, it’s not a tragedy; I consider it a door that one goest through. It’s the stuff before it happens that can be tragic and possibly avoided by careful planning.


18 posted on 05/14/2010 9:01:27 PM PDT by little jeremiah (http://lifewurx.com - Good herb formulas made by a friend)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Blood of Tyrants

Invest in steel, copper and lead.


19 posted on 05/14/2010 9:01:28 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 16 | View Replies]

To: little jeremiah
The worst thing is not dying, since we all have to do that anyway. The worst things IMO would be to be helpless and at the mercy of whatever kind of Big Dogs are calling the shots at any given time; being a refugee, pawn, etc, being tortured, or especially watching those you love and are responsible for suffering.

I tried to capture that in my third novel. With no religious spin, I believe we are in for a time of great tribulations.

20 posted on 05/14/2010 9:03:00 PM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-80 ... 181-184 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson