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To: delapaz
Sounds like Sarah Palin has finally found Zero Hedge and Karl Denninger’s excellent websites (among a few others).

I hope not. Both of those blog sites are worse than worthless for people who don't know much about finance, and sources of astonishment for those who do.

To be fair, each occasionally does pick up on something interesting, but it's rare indeed.

34 posted on 11/07/2010 3:30:05 PM PST by snowsislander (Chicago-style politics at a national level is a national disgrace.)
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To: snowsislander

“Snow”, I agree with you on both Denninger and Zerohedge. These guys are permanent doomers and their investment advice has been terrible the last two years.

On QE2, I oppose this, but I don’t think it will have any dramatic effect.

Note that the same people that forecast that QE1 would be the end of the world, (Schiff, Denninger etc.) haven’t said much about how QE1 was reversed out with no hyperinflation, or anything close.

For those that think Denninger knows what he is talking about, check this gem from 2009

http://seekingalpha.com/article/150898-holy-cow-look-at-the-treasury-auction-schedule


50 posted on 11/07/2010 4:13:11 PM PST by Reverend Wright (Arrest, Intern, Deport !)
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