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Are You Ready? The Government Doesn't Give A Damn
Market Ticker ^ | 8/22/11 | Karl Denninger

Posted on 08/22/2011 6:30:52 PM PDT by Kartographer

The world will recognize the Depression we have tried to cover up. This is not a US-centric story. The Eurozone will get the unemployment and tax consequences too. Germany will be forced to choose between propping up the entire rest of the Euro (which it can't) and detonating it and going back to the Deutsche Mark (which it will be forced to.) There is a very high probability of war that comes out of this, although the exact trigger is not something I can forecast. War is the classical solution to these problems, and it is unlikely to be different this time.

(Excerpt) Read more at market-ticker.org ...


TOPICS: Business/Economy; Government
KEYWORDS: denninger; depression; europeanunion; filter; karldenniger; pills; purification; ticker; water
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Is that the 'Fat Lady' I hear tuning up backstage?
1 posted on 08/22/2011 6:30:52 PM PDT by Kartographer
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To: Kartographer

Oh Yeah...


2 posted on 08/22/2011 6:32:06 PM PDT by Tijeras_Slim
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To: blam

PING!


3 posted on 08/22/2011 6:32:37 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer

Is that the ‘Fat Lady’ I hear tuning up backstage?


I think so.


4 posted on 08/22/2011 6:36:08 PM PDT by unkus (Silence Is Consent)
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To: Kartographer

I doubt two or more Eurpopean states will go to war with each other a’ la 1939. What is likely to happen is the conjunction of the two primary political forces-(socialism and Third World invaders)-leading to internal chaos. It will be like the recent events in London only the action will not stop for several years running. The revolutionaries will be supplied by weapons provided by Islamic States, the fervor will come from race and socialism.


5 posted on 08/22/2011 6:44:01 PM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Kartographer
GOLD $1900
6 posted on 08/22/2011 6:45:39 PM PDT by blam
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To: Kartographer

I’m guessing China’s going to be the trigger when we tell them their US securities are worthless.


7 posted on 08/22/2011 6:46:53 PM PDT by Newtoidaho (Fight organized crime. Vote out all incumbent Democrats!)
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To: Kartographer
"War is the classical solution to these problems, and it is unlikely to be different this time."

For some reason I read this in Ron Perlman's voice.

8 posted on 08/22/2011 6:50:22 PM PDT by Soothesayer9
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To: Kartographer

I think all I really need is extra toilet paper at the moment. You can never have enough of that when the SHTF. I’ll remind my wife to get an extra supply next time she is out.

Oh, and dog food. My wife let that one go lax lately.


9 posted on 08/22/2011 6:51:18 PM PDT by bolobaby
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To: Kartographer

Things are bubbling up and will burst at any time. How and what that brings is still up in the wind... This time, the US is not immune to the consequences. Things are looking very bleak... Too bad we have no leadership.


10 posted on 08/22/2011 6:52:29 PM PDT by Deagle
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To: AEMILIUS PAULUS
Spot on. Nightly chaos in a bunch of cities that will lead eventually to martial law.

Then the fun begins.

11 posted on 08/22/2011 6:52:44 PM PDT by buccaneer81 (ECOMCON)
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To: Kartographer

Big Government Dems Jailed -- Involved in criminal violation of
oath of office, grand theft, and treason against the United States.


Photobucket

Everything they do just grows the Tea Party more!

12 posted on 08/22/2011 6:53:25 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: BobP

Does it seem to anyone else that it just ain’t right that a grown man (sic) should be that fond of ice cream?


13 posted on 08/22/2011 6:55:13 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Kartographer

Funny, we haven’t heard from those guys ridiculing the “gold bubble” and talking about Dutch tulips lately.


14 posted on 08/22/2011 6:56:07 PM PDT by Hugin ("A man'll usually tell you his bad intentions if you listen and let yourself hear it"--- Open Range)
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To: buccaneer81
The Illusion Of Safety, Government Cannot Protect Us
15 posted on 08/22/2011 6:57:48 PM PDT by blam
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To: DuncanWaring
Does it seem to anyone else that it just ain’t right that a grown man (sic) should be that fond of ice cream?

I've often thought the same thing.

16 posted on 08/22/2011 6:58:23 PM PDT by buccaneer81 (ECOMCON)
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To: Kartographer
Germany will be forced to choose between propping up the entire rest of the Euro (which it can't)[don't do it Germany] and detonating it and going back to the Deutsche Mark.

This is rather poetic justice....Germany is leveled in WWII...even the leveling...didn't stop Germans from being who Germans are...highly successful people...now Europe is looking to Germany, of all places, to pull their sorry A$$'s out of the financial hole they've made for themselves.

17 posted on 08/22/2011 6:58:52 PM PDT by shield (Rev 2:9 Woe unto those who say they are Judahites and are not, but are of the syna GOG ue of Satan.)
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To: DuncanWaring
The boy does have a certain knack with it, ehh ?


(yep, that's an intentional boy .. call it my version of accuracy in media)

18 posted on 08/22/2011 6:58:57 PM PDT by tomkat (sic semper tyrranis .. literally)
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To: Kartographer

Ok, I am sufficiently freaked out!


19 posted on 08/22/2011 7:04:31 PM PDT by VRW Conspirator (Obama takes office, and 2-1/2 years later we are saying downgrade and America together!)
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To: DuncanWaring

That’s why he isn’t worried about a ‘double dip’, just what the ‘Bammy’ ordered!


20 posted on 08/22/2011 7:07:35 PM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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