From The Market Ticker's Karl Denninger:
Text and graphs available here.
Of course, if you believe the "Green Shoots" crowd (you know, the same crowd that didn't see last year's crash), then feel free to ignore Mr. Denninger's warning, which is based on math and historical data, rather than wishful thinking.
Prepare accordingly.
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It's not just the the swamp - it's our fault, too, for sending the wrong people there
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I note, with mingled approval and annoyance, this article in the Orlando
Sentinel. It was first published in 1984.
One hundred senators, 435 congressmen,...
9 hours ago
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