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  • What's Dead (Short Answer: All Of It)

    03/05/2009 10:55:28 AM PST · by Oberon · 66 replies · 2,583+ views
    The Market Ticker ^ | 03/05/09 | Karl Denninger
    Just so you have a short list of what's at stake if Washington DC doesn't change policy here and now (which means before the collapse in equities comes, which could start as soon as today, if the indicators I watch have any validity at all. For what its worth, those indicators are painting a picture of the Apocalypse that I simply can't believe, and they're showing it as an imminent event - like perhaps today imminent.) All pension funds, private and public, are done. If you are receiving one, you won't be. If you think you will in the future,...