Author Topic: An Economic Collapse that is Going to be Worse than 1929  (Read 570 times)

0 Members and 1 Guest are viewing this topic.

Offline Croix de Fer

  • Sr. Member
  • ****
  • Posts: 3219
  • Reputation: +2510/-2195
  • Gender: Male
An Economic Collapse that is Going to be Worse than 1929
« on: August 04, 2013, 09:49:50 PM »
  • Thanks!0
  • No Thanks!0
  • with Karl Denninger.

    “As the Obama Administration runs against the economic reality of what they passed, they are now trying to find ways to dodge it. . . . The Obama Administration’s reaction to this has been to unilaterally, and by the way illegally, put off the imposition of mandate.”  This is not going to save the teetering economy as Denninger contends, “Bernanke has lost control of the bond market and, in general, his policy. . . . The reality is the Fed is not in charge, and when that confidence level breaks, you are going to see all hell break loose.” Denninger goes on to predict, “We are setting up for a collapse that is going to be worse than 1929, and it’s going to come sometime within the next two years.  It could come as soon as the next couple of months, but it is going to happen, and there’s nothing that is going to stop it.”

    *EDIT (inserted video interview)
    Blessed be the Lord my God, who teacheth my hands to fight, and my fingers to war. ~ Psalms 143:1 (Douay-Rheims)

    Offline jlamos

    • Jr. Member
    • **
    • Posts: 305
    • Reputation: +209/-0
    • Gender: Male
    An Economic Collapse that is Going to be Worse than 1929
    « Reply #1 on: August 04, 2013, 10:36:16 PM »
  • Thanks!0
  • No Thanks!0
  • Quote
    Thy right hand, O Lord, is magnified in strength: thy right hand, O Lord, hath slain the enemy. And in the multitude of they glory thou hast put down thy adversaries: thou hast sent thy wrath, which hath devoured them like stubble. --Exodus 15:6-7


    Quote
    And they have served strange gods, and adored them, whom they knew not, and for whom they had not been assigned: Therefore the wrath of the Lord was kindled against this land, to bring upon it all the curses that are written in this volume: -- Deuteronomy 29:26-27




     

    Sitemap 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16