So Much For Universal Default Disappearing Posted by Karl Denninger Gee, how do you like the rape job that the banks just served up on you? (Click to enlarge) Read that white part carefully, and then make sure you…
It’s Called DEFLATION Folks Posted by Karl Denninger Never mind the man behind the curtain, who won’t utter the word: The Labor Department reported Thursday that productivity jumped at an annual rate of 6.9 percent in the fourth quarter,…
CNBC Protects Bad Guys Who Took Huge Bailouts from Taxpayers Janet Tavakoli, President, Tavakoli Structured Finance, Inc. The economy is in trouble because banks borrowed massively, and they borrowed many multiples more than they could afford. CNBC acts as if…
Now Seniors Get To Feel The Bezzle Posted by Karl Denninger If you remember just a short while ago I reported on what certainly appears to be a very clumsy scam pulled by the BLS in their so-called “inflation”…
