Broad Oak Magazine

WRONG! (apparently...) (pic source) Computer expert and financial maven Karl Denninger lost a lot of weight a couple of years ago. He...

         I'm struck by the vehemence of opposition to so-called "Obamacare".   Why are you struck by vehement op...

Denninger points out that if interest rates return to normal, two-thirds of taxes will go out to pay the rent on the debt. He urges default ...

Karl Denninger looks at recently-failed US banks and by comparing their asset valuations with losses charged to the Federal Deposit Insuranc...

See Denninger .

We're going to be splatted by a headlights-on-full-beam, diesel-pluming, horn-honking road-train of debt. Fred Goodwin, CEO at Nomura (i...

Look at this fascinating interactive graphic from the New York Times, about the shrinking and swelling of the major US financial firms. They...

A couple of days ago I said that US debt default would splat the US far worse than its trading partners; of course, I missed the point. The ...

It's getting to the point where things go worryingly quiet. First we had a speculative and debt-fuelled stock market bubble; then ditto ...

Jesse reports on another big bank about to go down; Karl Denninger speculates that the FDIC is colluding in the cover-up of widespread ban...

The first serious, sensible, important piece I've seen from Toby Young , and it's a corker. He reflects on the well-heeled but louch...

Karl Denninger calls again for the fat cats to "eat their own cooking", i.e. accept responsibility for the ruinous debt that will...

Denninger: ... a handful of banks, most specifically Goldman Sachs, constitute the majority of NYSE trading volume... This "back and f...

Karl Denninger continues to reflect on a story that hasn't had much coverage - two Japanese have been caught in Italy, attempting to smu...

Karl Denninger "does the math" and reckons that as Americans retrench, the economy will contract far more yet - at least 20% in t...

Karl Denninger opines that the seeming rally is a little game by traders to keep the ball in the air; but in his view, it's going to com...

We Brits are naive with money - we're so unused to having any - our Government has always looked after it for us. Perhaps this is why t...

Fractional reserve lending, as "Sonus" explains so clearly here , became possible when people accepted receipts for gold as paymen...

Karl Denninger argues that the failed stimulus will lead to accelerating deflation in the US. His prediction is that demand for the dollar w...

Karl Denninger covers a lot of ground - perhaps too much in one posting - in his attempt to clarify fractional reserve banking and its conse...