The Chart That Will Crash The Market

market-ticker.org / By Karl Denninger / April 3, 2013, 09:14
The screeching coming from CNBS and elsewhere this morning is amusing.
There’s only one chart that matters, and it will, when recognized, blow up the stock market — sending it down 50% or more.
It’s this one:

That’s it.  And the ADP report this morning is showing the pathway to recognition, as construction has stalled and the destruction of job creation in small and mid-sized businesses exposed to Obamacare will finish it off.
I continue to maintain that we’re in a time very similar to 2007, when the facts were on the table.  Banks paying dividends with money they didn’t have.  Hedge funds that blow.  Bubbles in crazy places, then housing, this time in subprime car lending, student loans and even Bitcon.
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