Newly Posted Denninger Speech from a Month Ago | Emergency Economic Stabilization Act of 2008 Message Board Posts


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Msg  1630 of 1640  at  1/10/2010 7:47:14 PM  by

azusgm


Newly Posted Denninger Speech from a Month Ago

 
Worth a watch. 
 
Interesting point in toward the end. Whereas I had thought of the final blowup as coming in the Treasury, he suggests that it will occur on the Fed's balance sheet. The Fed is the banker to the banks. Hoping Denninger will expand on his remarks in a future post on his blog.
 
 
Can't always agree with him and see some slip ups, but he overall a very good source.


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Replies
Msg # Subject Author Recs Date Posted
1631 Re: Newly Posted Denninger Speech from a Month Ago tobyw 0 1/11/2010 9:47:38 AM
1637 Re: Newly Posted Denninger Speech from a Month Ago grano salis 0 2/9/2010 3:02:50 PM




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