All posts by "Karl Denninger"

Karl Denninger founded The Market Ticker® (, a blog dedicated to uncovering market mischievousness. He is also a columnist on and has appeared on MSNBC with Dylan Ratigan, on CNBC, and is a frequent guest on WBAL talk radio in Baltimore. He produces a weekly Internet radio segment on BlogTalkRadio with real-time call-ins from listeners and occasional invited guests. Karl is also one of the original founders of the Tea Party movement, and, along with FedUpUSA, launched the first financial protests related to the bailout of banking institutions after the failure and forced takeover of Bear Stearns. Previously, he was CEO of Macro Computer Solutions, and is a self-made entrepreneur and millionaire.

I’ve laid this out before but it’s time to do it again, because it’s coming folks. The recent ditty on how “nobody needs more than $3m for retirement”, defined as “whatever you need to get a $200,000 annuity”, is just one facet of how this will play out. Since I started writing The Ticker I have been repeatedly asked

Oh oh…. Nonfarm payroll employment edged up in March (+88,000), and the unemployment rate was little changed at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment grew in professional and business services and in health care but declined in retail trade. This report sucks. A month or two does not a trend make, but this,

The simple fact of the matter is that we have now degenerated from a society based on the Rule of Law to one that is based on stealing whatever is not nailed down and half of what is, use the guns that government has to suppress the “little people”, and do your level damndest best to take their guns

It’s coming folks. The sort of disruption you’re seeing in Cyprus, with outright confiscation of bank deposits and brokerage accounts, especially retirement assets such as 401ks and IRAs. Here. In America. Within two years. How do I know? Because the precedent has already been set, and you, the common American, sat for it. You allowed the GM bailout to take place

Guest Entry From Market Ticker… If so, you had better be paying attention — and so better your bank. There are reports circulating of an “impending” massive cyberheist operation that is targeted at consumers who use online banking services — which is, unfortunately, a huge percentage of people. There have been multiple “denial-of-service” attacks aimed