Bravo, Mr. Denninger. Bravo.
Gates
6k posts, incept 2008-01-29
Bullshit!... Karl, you ARE reaching people that have NEVER heard of the TF.
Whatever Karl chooses to write in the future will most definitely continue to reach a metric shitton of people. Of that, I'm quite sure.
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"Obama is the dark-center of the anal fissure of a chancre infested, hemorrhoid laden asshole preparing to pucker and spew endless jets of diarrhea."--Chthonic
Which is bigger, a metric shitton, or an imperial shitton?
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It's amazing how many people are ashamed of their body. It's even more amazing how many people aren't ashamed of their brains.
And the answer is... AN IMPERIAL SHITTON.
See, metric is just over 10% larger, whereas imperial is 25% larger.
But I think I'd rather pass on the imperial shitton and grab an imperial stout instead.

Tully
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"It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds." (Samuel Adams)
Tritumi
2k posts, incept 2008-11-29
I just want to note that your efforts here are not at all in vain. One reason among many I check your tickers is quite simply the quality of the writing. For clarity and concision, you are unbeatable. A real model for anyone wanting exemplars.
So how or whichever path you choose going forward, I hope you keep the archive of past tickers alive. Since we may well be reliving the experience in someway shortly, the home truths in your tickers will continually shine a light.
Thank you very much for your contributions to our sanity.
Karl,
To borrow terminology from The Matrix movie series, to me, you are the modern day equivalent of Morpheus.
I was your typical CNBS/CBS Marketwatch reader who never saw behind what was presented as the party line. During the 2007/2008 crisis, I saw that first "blip" in the matrix. I realized that what was being presented to me had a foul odor to it. I didn't know exactly how to characterize it, I just had this instinctual feeling that a lot of stats and data I was looking at just did not make any sense anymore.
I poked around the blogosphere, looking for alternative views. Most of these lacked cogency. UNTIL I came here, and in addition to this a few other sites as well, where there was open discussion about the rotten underpinnings to what is to become the most insidious bubble in the history of modern finance. FINALLY a discussion that was not trying to stir up apocalyptic fervor or internet jackassery, but rather was a level headed commentary that FINALLY addressed cogently the reasons for the obviously high levels of fiction in asset pricing.
A whole new world opened. I SPECIFICALLY thank you for the time and patience you have taken in some of your posts to explain your insights in a systematic, step by step fashion, that allowed newbies like me to take in the content. You probably could have made your points using a few sentences of condensed jargon, but you have always made a point of using extra verbiage lay your points out in well spoken logic that appeals even to non-financial readers. I have shared your posts with friends and family, and the extra time you have taken to make your posts accessible and logical are a credit to your efforts.
Thank you.
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"If you don't have borders... if you don't have laws... you don't have a country."
Neo?
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"...But whenever we see things done wildly, but taken tamely, then the State is growing insane..." - Gilbert Keith Chesterton 1910
"I found a flaw in the model that I perceived is the critical
Kyla wrote..
Neo?
He moves like - them...
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If it's true that "assault weapons" are "weapons of war" and don't belong on the streets of America, why do the police need them? Who are the police at war with?
Tat668
4k posts, incept 2007-09-09
THANK YOU, KARL, for all your thoughts and efforts placed into this forum.
I believe that you have, for some, built a very close knit family within the confines of this "Blogsphere". You as the head, you, who has guided the path of educating for those who are constantly doused with misinformation.
Just want you to know that you are always welcome in my home on this country's left coast. If you do not mind a cot with your sleeping bag, you can come and stay with us and share our food.
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"This marks the beginning of the end."- Barack Obama 2-26-09
"Every rock we turn over, every time we looked for it, it's not only there, it's worse than we anticipated."
Bill Priestap, FBI's coun
Beignet
2k posts, incept 2008-05-16
Thank god theres at least something.
With all the years of school i have, with all the years of learning on the job, I received no greater education than what I learned here from Mr. Denningner and all the friends I found here.
Thank you all.
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Time is up.
Global Day of Jubilee is on the way - there is no other choice
I hate to burst your bubble, but there is no Santa Claus, the tooth fairy does not exist and American justice does
Azbob
1k posts, incept 2007-07-27
Thanks for all you've done Karl. Looking forward for 2014 and beyond!
Happy Holidays!
AZ
Tat668
4k posts, incept 2007-09-09
MERRY CHRISTMAS AND A VERY PROSPEROUS 2014!
It has been great, and may the spirit of this community lives on.
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"This marks the beginning of the end."- Barack Obama 2-26-09
"Every rock we turn over, every time we looked for it, it's not only there, it's worse than we anticipated."
Bill Priestap, FBI's coun
Ricka01
1k posts, incept 2009-03-05
Quote:
I received no greater education than what I learned here from Mr. Denningner and all the friends I found here
plus one to that. Thanks everyone!
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"The issue is that nobody has any right to chain me to their fears or satisfy their greed at my involuntary expense and anyone who thinks otherwise, even just a little tiny bit, can just
Thank you all,
and Happy Christmas and New Year.
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"If rate I raise, burst, the frothy bubble will. If rates I lower, inflation will I get.
Unclear, is the housing market."
Racer
423 posts, incept 2009-09-04
Curbyourrisk wrote..
I received no greater education than what I learned here from Mr. Denningner and all the friends I found here.
Thank you Karl. Merry Christmas.
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"The more you buy, the more you save." Consumer's motto.
"Spend nothing, save everything, starve the beast." My motto.
Merry Christmas Gang!!! Happy New Year!!!
Dear Karl:
I wish you well. I do recommend Uruguay and have a friend that would literally meet you at the airport should you ever consider moving South. I derive zero anything from recommending this, but for what its worth I can refer you to the relevant reputable lawyers, real estate agent, etc.
Its the least I can do.
Good luck in your endeavors.
Ps- I would have your back AND reload ;)
Oculust
316 posts, incept 2008-05-16
Karl,
I want to add my thanks for all you've done here over the years. Any detail I could add, others have already expressed more eloquently above.
And that's the singular greatness of your creation here - not just your own integrity and intellectual prowess, but that which you've encouraged in others. The sum of that makes this place unique in its constructive power, and has benefitted me in ways which have changed my life, and called me to clean up my act. Now, even my foolish setbacks in that regard feel positive - you have taught me to think in serious terms about the data that reality provides.
It seems to me that TF has been intellectual history in the making. I feel privileged and blessed to have had access to it. The little flag you were kind enough to place by my handle stands as one of my life's cherished honors; I feel proud that you deem my small acts worthy of recognition in this milieu.
May fortune continue to favor you and yours.
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The surest way to lose the Eye of Reason is to stare into the political spectrum.
Many here have said "Thank you" to Karl much better than I will ever be able to. Many of you, as well as Karl, have provided me with much to mediate on, however dimly.
Thank you one and all, for showing me the Different Paths.
Still round the corner there may wait
A new road or a secret gate,
And though I oft have passed them by,
A day will come at last when I
Shall take the hidden paths that run
West of the Moon, East of the Sun.
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Gun Control: because what's the fun of being in the Majority if the Minority are able to defend themselves?
Your ignorance is someone else's superpower.
CRT isn't meant to radicalize young minoritie
Mcvee10
22 posts, incept 2010-06-25
I too would like to say Thank you Karl. I don't have much to say, I prefer listening over talking personally. I've enjoyed reading your editorials and your readerships comments over the years. My very best. MV
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So long, and thanks for all the fish.