Article written by Prieur du Plessis, editor of the href=”http://www.investmentpostcards.com”>Investment Postcards from Cape Town” blog.

Max Keiser’s guest this week is Karl Denninger who is the founder of market-ticker.org. Karl gives some predictions on the US economy for 2011. He is downbeat and forecasts a terrible year for housing, banking and a myriad of other sectors. He says Europe would disintegrate and the euro would decline to parity with the U.S. dollar. China would also break the peg and would see a rise in commodity prices, bubble assets and less exports to the U.S.

Part 1

Source: YouTube, January 1, 2011.

Part 2

Source: YouTube, January 1, 2011.

Part 3

Source: YouTube, January 1, 2011.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

Max Kaiser: Face to face with Karl Denninger was first posted on January 9, 2011 at 8:55 am.
©2011 “Investment Postcards from Cape Town“. Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at wordpress@investmentpostcards.com

Feed enhanced by the Add To Feed Plugin by Ajay D’Souza