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Post by avordvet on Jul 23, 2014 5:30:55 GMT -5
A dire warning for those who are awake to the demise of AmericaAnthony Martin, Conservative Examiner, July 22, 2014 A highly respected market analyst issued today a dire warning for those citizens who are awake to the demise of America. Karl Denninger of The Market Ticker reported this morning that another economic meltdown could be imminent. The type of meltdown to which he refers is one similar to the crash of 2008. Denninger was among the very first in 2008 to sound the warning that all of the signals were in place to send the country into its worst recession/depression since the 1930s. The overwhelming majority of economists and market analysts, both inside and outside the government, never saw it coming. Rather, they went as far as to debunk Denninger's warning, referring to him as a fear-monger and a quack. It turned out that Denninger was spot on and all of the rest were made to look like buffoons when they tried to explain how something so destructive could not be foreseen. Spokesmen for the Bush administration and then the Obama administration all seized on the mantra that it is impossible to predict this type of economic catastrophe. "Nobody saw it coming," they said. www.examiner.com/article/a-dire-warning-for-those-who-are-awake-to-the-demise-of-america
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