Belmont Club

By Richard Fernandez

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March 19, 2009 - 10:19 am - by Richard Fernandez
Eggplant
2009-03-19 13:53:51

blert said:

“BTW China is dumping her long T-Bonds right and left. It’s game-over for Ben. We are much, much closer to the brink than is easy to accept. You have been put on notice.”

That is also Karl Denninger’s message. If he is to be believed then our Cook is Goosed.

So I’ve been put on notice. How do I respond? I might add that Denninger said repeatedly that we will NOT go into hyperinflation (this indicates that buying gold is not a good option).