Mike Krieger On The Death Of Globalization, The Death Of Currency And The Death Spiral

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Thu, 02/03/2011 - 16:23 | 932215 tellsometruth
tellsometruth's picture

Keep free thinking and telling some truth

Thu, 02/03/2011 - 16:27 | 932232 tellsometruth
tellsometruth's picture

make em nervous put them in your cell phone, just enter your zip:



yes i call yes it feels feutile, until it isn't...come on zh commenting here won't be enough


Thu, 02/03/2011 - 16:39 | 932294 ZackLo
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I've tried many times can't even get one of them on the phone.I still try though.



call your attorney general about the forclosure crises.

Thu, 02/03/2011 - 17:38 | 932532 tellsometruth
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Could not help myself... I just got on the air on the LarsLarson (local conservative talk host and national host too) show painting the picture of JP morgan...Mentionned todays unsealing docs of complicitness...cftc & manipulation of PM lawsuit... and profiting from food stamps and flipping bonds...Lars Larson said it sounded like the authorites are on the case and asked me what I wanted...My re: people to inform themselves and be free thinkers, and speak out...my cell cut our or I was taken off the air

ZH start doing some heavier lifting with what we know...peacefully try to enlighten please


Thu, 02/03/2011 - 17:49 | 932581 tellsometruth
tellsometruth's picture

Is this shit a thread killer? Do you think I am crazy for speaking out that way? Anybody else doing the same? Productive or not?   Or is somebody just gonna put troll beneath this or -1...

Thu, 02/03/2011 - 21:53 | 933381 clymer
clymer's picture

Man Mike..

"I debated whether or not to write today.  To be completely honest I feel as if I have said as much as I can and don’t want to start sounding like a broken record.."

~leads to this:

"The gun is cocked, the bullets are cold and the heretofore benign tumor that we call the dollar will puke its malignancy all over the world at once in desperate attempts to own something that will have value in the next monetary system."

Dude, that is like a holding a straight flush, and looking at the table, all bleary-eyed and beat, and throwing a few chips at the table with a disgusted, defeated expression, and then laying the cards down.

Keep writing.


Thu, 02/03/2011 - 23:28 | 933659 jeff montanye
jeff montanye's picture

you are right.  don't stop tst.

Thu, 02/03/2011 - 23:41 | 933696 tellsometruth
tellsometruth's picture

thank you for the words of encouragement...

step up zh readers!

Thu, 02/03/2011 - 17:51 | 932594 hbjork1
hbjork1's picture

Congresspeople only have 24 hours like everybody else and have a lot constituants going in different directions for the various pieces of legislation being considered. 

The concenious Representatives may keep a "count" of contacts for and against a given piece of legislation. 

If they don't recognize your name, at least it is a count.

Thu, 02/03/2011 - 17:51 | 932597 hbjork1
hbjork1's picture

Congresspeople only have 24 hours like everybody else and have a lot constituants going in different directions for the various pieces of legislation being considered. 

The concenious Representatives may keep a "count" of contacts for and against a given piece of legislation. 

If they don't recognize your name, at least it is a count.

Thu, 02/03/2011 - 17:52 | 932599 hbjork1
hbjork1's picture

Congresspeople only have 24 hours like everybody else and have a lot constituants going in different directions for the various pieces of legislation being considered. 

The concenious Representatives may keep a "count" of contacts for and against a given piece of legislation. 

If they don't recognize your name, at least it is a count.

Thu, 02/03/2011 - 16:31 | 932253 Cheesy Bastard
Cheesy Bastard's picture

And prepare.  The death spiral feels a little tighter today.

Thu, 02/03/2011 - 16:37 | 932286 Turd Ferguson
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Sorry for the spam but if you're trading PMs and not reading tfmetals, you're missing out:


Thu, 02/03/2011 - 17:11 | 932410 hungrydweller
hungrydweller's picture

Why would I "trade" my precious metals?  I save that for fiat based paper assets. 

Metals are for holding, not trading.

Thu, 02/03/2011 - 17:55 | 932611 RockyRacoon
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Turd rules!  Thanks for your blog.

Thu, 02/03/2011 - 22:16 | 933454 hardmedicine
hardmedicine's picture

so good to see you Rocky!

Sat, 02/05/2011 - 08:04 | 937161 Hephasteus
Hephasteus's picture

And it's good to see you too hardmedicine.

Thu, 02/03/2011 - 18:04 | 932654 hbjork1
hbjork1's picture

Sometimes people don't know that they are giving the gift.

Thu, 02/03/2011 - 20:11 | 933061 razorthin
razorthin's picture

Don't you mean FUBB instead of FUBM? Fuck U Ben Bernanke!

Thu, 02/03/2011 - 16:35 | 932272 AZSovreign
AZSovreign's picture

Just listen to this, it is truly food for thought



Thu, 02/03/2011 - 21:41 | 933337 BigJim
BigJim's picture

Yes, I got all excited about the GET calls yesterday... they talk the talk and seem to walk the walk. Gold and PM-backed currencies! The end of the Rothschild, Morgan, Lombard, Rockefeller stranglehold on debt-based currency issuance! The end of the Fed! You name it, they decry everything we love to hate.

But on further investigation, it appears they are part-and-parcel of the 'Dinar scam': http://www.mint.com/blog/investing/iraqi-dinar-scam/

Thu, 02/03/2011 - 17:51 | 932596 SgtShaftoe
SgtShaftoe's picture

Agreed.  Mike Krieger misses the point I think, or get's it half right.  This is the end of something, but not exactly globalization.  It is the end of the world as we know it... and I say GOOD RIDDANCE!  It's the end of a generation pillaging the future of others.  It's the end of the primacy of national governments and the beginning of humanity being put first... Just how I see it.  It may be a bumpy ride though in the meantime:



Thu, 02/03/2011 - 18:20 | 932714 In Fed We Trust
In Fed We Trust's picture

Yo Mike,

Brillant piece. I noticed last week you mention the V posters in Boulder Co I guess on Pearl St, when out dining?  I was thrilled to hear you live in BOulder, as do I. I was wondering if you would be up for coffee sometime? Tea Cup? We can talk of starting a local ZH chapter that meets in person.  You may have see my post in 2008 www.GoldmanSachsExposed.blogspot.com Let me about meeting up. And no it wasn't me with the V posters.

Patrick the Painter

Thu, 02/03/2011 - 16:27 | 932235 faustian bargain
faustian bargain's picture

Aw c'mon man. Don't worry, be happy.

Thu, 02/03/2011 - 16:30 | 932250 gorillaonyourback
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did someone give you a bannana? lolol just lookin at your picture

Thu, 02/03/2011 - 16:37 | 932280 Slipmeanother
Slipmeanother's picture

In the land with no bananas the man (or monkey) with one banana is King

Thu, 02/03/2011 - 16:47 | 932317 faustian bargain
faustian bargain's picture

It's me every morning, reading the news headlines.

Thu, 02/03/2011 - 17:57 | 932621 RockyRacoon
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Looks like an enema face.  Of course, the news is the same thing.

Thu, 02/03/2011 - 16:42 | 932302 DoChenRollingBearing
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Both!  Be happy!  Prepare!

Thu, 02/03/2011 - 16:47 | 932318 Kaiser Sousa
Kaiser Sousa's picture

"dont worry be happy was the number one Jam

damn if i say it you can slap me right here..."

Chuck D of Public Enemy from "Fight The Power"

Thu, 02/03/2011 - 19:16 | 932919 hardcleareye
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Good song to listen to while reading ZH.

Thu, 02/03/2011 - 21:45 | 933353 philgramm
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I like it but this is a better song to listen to while reading ZH

Thu, 02/03/2011 - 23:07 | 933605 Founders Keeper
Founders Keeper's picture

[Chuck D of Public Enemy from "Fight The Power"]---Kaiser Sousa

PE? That IS old school.


Thu, 02/03/2011 - 16:29 | 932240 NOTW777
Thu, 02/03/2011 - 16:33 | 932269 Atomizer
Atomizer's picture

It's all about ratings. There are countless examples, here is one.

Fake CNN Gulf War Reporting 



Thu, 02/03/2011 - 16:30 | 932244 cougar_w
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we must be careful and deliberate as this thing plays out to not let our passions get out of hand as they have in so many similar circumstances in world history.

Why? No seriously, why don't we want that?

Thu, 02/03/2011 - 17:12 | 932416 dearth vader
dearth vader's picture

Wait for the dead-cat bounce. At least, there must be one!

Thu, 02/03/2011 - 17:35 | 932521 Calmyourself
Calmyourself's picture

Excellent question.  The passion of a few have changed the world in the past and they will again.  It is about time to release the men of passion to achieve real change.

Thu, 02/03/2011 - 19:12 | 932907 hardcleareye
hardcleareye's picture

Because a Demagogue can lead you down very destructive roads.  Hitler was a man of passion, and he did achieve change (not all change is good), but at what cost.......

Thu, 02/03/2011 - 18:43 | 932807 DosZap
DosZap's picture


Trust me, No One wants it to come to that, but KNOW that there are millions ready to rock and roll, should there be no choice.

Unfortunately, the tree of liberty must be from time to time refreshed with the blood of tyrants and patriots.


Thu, 02/03/2011 - 22:37 | 933517 Bringin It
Bringin It's picture

DosZap says - Trust me?!? 

DosZap you out yourself as a zinophile whore for Israel [ie. "I love Zionism", "I support Zionism"] and then here you say you're ready to ready to rock and roll and shed some blood of tyrants??? 

Who are these tyrants you're ready to go up against?  I'd love to know as most of the Tyrants I can see appear to be, like you ... self identified Zionists.

Maybe it's the patriots you're getting all jazzed about killing?  Conflicted is what you are.


Thu, 02/03/2011 - 16:32 | 932256 buzzsaw99
buzzsaw99's picture

The Lord Blankfein hath chosen the bernank to lead his banksters out of Egypt and into the promised land. With liberty, and clownbux for few.

Thu, 02/03/2011 - 20:14 | 933072 razorthin
razorthin's picture


Thu, 02/03/2011 - 23:44 | 933703 tellsometruth
tellsometruth's picture


Thu, 02/03/2011 - 16:32 | 932259 treemagnet
treemagnet's picture

heard it, seen it, get it.  when's the VIX gonna spike? 

Thu, 02/03/2011 - 16:33 | 932264 Jason T
Jason T's picture

Thanks for writing Mike.  Great points to consider about asian currencies.

Thu, 02/03/2011 - 16:50 | 932338 Eternal Student
Eternal Student's picture


Thu, 02/03/2011 - 16:38 | 932288 Atch Logan
Atch Logan's picture

Everytime there is a crises, you "world is ending" guys screams the world is over.  You trot out a bunch of facts (with which you have provided numerous times before) and which this crises applies to.

Even if one agrees with you that in the long term you a probably correct, in the short term you are inevitably wrong and it weakens your overall argument and, frankly, wears people out, makes you look bad, and also makes you and those who agree with you look like nuts.

Let things happen.  Let the end come, and then crow.  Then jump on a box and say "I told you so."

Frankly, I am as sick of this shit as I am of Bernake, Obama and their poodles.


Thu, 02/03/2011 - 16:50 | 932336 rubearish10
rubearish10's picture

LOL, funny shit man. Your sentiments are echoed succinctly. 

Thu, 02/03/2011 - 21:56 | 933395 philgramm
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What's wrong with repeating the realistic point of view.  It seems that CNBS, HarryWanger, Cramer, Bernanke, Geithner all seem to be repeating the "everything is fine" view.  ZH is one of a few places that gives you an opposing view than the TPTB.  Do what you like with the information but it holds a much needed place in the conversation 

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