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April
24
2020

Narrative Insanity
Karl Denninger

Oh really, now you figure it out?

You needed a study to go through the NY daily Covid death report and figure out that if you didn't have one of the underlying conditions they specifically listed your risk of being killed by this bug was roughly equal to your all-cause mortality -- that is, of no particular concern at all?

Or do you need a study to know that anywhere from a quarter to a half or more of the mortality from this bug came from nursing home patients, when in fact the first big "oh oh" was in a nursing home in Washington State?

Or are you going to continue to tell me that this virus is racist because if you're FAT as a consequence of your personal choices and thus wind up diabetic and hypertensive, and rather than deal with the underlying issue -- what you put in the piehole and how much -- you instead whine to a doctor and pop a pill in a puerile attempt to deny the truth while screaming "discrimination" and shame anyone who points out that you're killing yourself that when a virus, which doesn't give one wet crap about your SJW screamfest comes along and kills you that it was "someone else's" fault?

Or maybe you're so damn busy wearing out kneepads in front of our President while screaming "MAAAAAGGGGAAA", choking on his putrid effluent, that you sat back and let yourself be imprisoned in your own home and then when one governor in GA decides he's had enough of that crap to a small degree you gobbled the President again when he disagreed?

Maybe you're on the other side of the aisle and think that paying people the equivalent of $40,000 a year or more to sit at home and get drunk rather than work at a job that pays $10 or $15/hour is a good idea.  With what will you obtain the actual value to pay them?  Oh, you didn't think of that, did you?  How's that going to work when the price of meats doubles, and it's in the pipe right now, because all those illegal invaders are now out of work and the plants are shutting down because of either outbreaks or other supply chain disruptions.  No, you won't starve -- but your wallet might.

Heh, look!  Amazon's stock price is flying!  Meanwhile your local businesses are destroyed.  WalMart didn't do enough you know, so now we have to make sure the coup-de-grace is delivered to every town across this land -- all the local bars, restaurants, hair places, gyms and others.  Beelzebezos loves this; go work in his warehouse -- for as long as your health lasts, which won't be long.  He can always find another sheep to replace you when your value is reduced to that of mutton -- it's not like you didn't scream for 26 million people to be unemployed so he'd have a crap-ton of new victims to exploit, right?

I said when this started that the claims made by the so-called "medical exSPURTS" were a load of bull**** and the data didn't add up.  Now it's coming out from all sides, but the economic and budgetary damage is just starting.

It'll be a while -- like it was in the 70s -- before the really ugly gets to us.  Except this time it's happening with the federal budget and balance sheet impaired to a degree never before envisioned.  How long do we have before it all goes to crap?

Less time than we had before -- and I remind you, my analysis on this going back 30 years, and refined a few years back pegged 2024 as a critical point.  We've now accelerated the core breach to a material degree.

Pat yourself on the back America -- rather than rise up and tell the clownfaces at both state and federal levels NO, and back that up with whatever was necessary, up to and including drafting a second Declaration, you lapped it up like dogs so long as the $600 weekly check showed up -- which Pelosi, in concert with Turnip, conveniently arranged.

When your grocery bill doubles and the jobs don't come back don't say you weren't warned -- because you were.

 


Mr. Denninger, recent author of the book Leverage: How Cheap Money Will Destroy the World, is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public. Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.

He has been a full-time trader since 1998, author of The Market Ticker, a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Mr. Denninger received the 2008 Reed Irvine Accuracy In Media Award for Grassroots Journalism for his coverage of the 2008 market meltdown.

 

 

 

market-ticker.org

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