Part of the The Fed Up United States
Written by Daniel Nicolas. Posted on October 12th 2008
I just found this perfect explanation of the current economic crisis that is standing on the edge of catastrophe. Karl Denninger was on KFYI tonight and someone from Ticker Forum was fortunate enough to record it and upload it for our listening. This is serious. Denninger is not a crazy, tinfoil hat alarmist. He is dead serious and spot on. I’ve been trying to follow and understand what is going on since the start of the year. Tonight was the best simply summary of what is going on. A caller on the show directed me to visit Fed Up USA and it has a ton of information and ways to take action instead of just sitting down and watching TV and hoping the crooks that caused the problem will solve it.
You can listen to the mp3 of the show here. I’ve hosted it on waking ideas so it doesn’t put a strain on anyone else’s servers.
This is how serious it is. Here is a recent post from his website. It’s entitled: POTENTIAL ECONOMIC SEIZURE DEAD AHEAD.
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