Archive - Nov 17, 2011 - Blog entry
European Bailout Fund For Greek Money Laundering And Fraud
Submitted by testosteronepit on 11/17/2011 19:51 -0500In October, the EFSF bailed out Proton Bank in Greece. Turns out, it had siphoned off $1 billion through criminal activity. Galling: the Bank of Greece knew of it before the bailout. And now, a bomb exploded...
Are The Conservative Dutch Immune To Contagion? Are You Safe During An Earthquake Because You Keep You Keep Your Shoes Tied?
Submitted by Reggie Middleton on 11/17/2011 15:35 -0500This collapse will come in waves, and the CRE wave hasn't even started yet. When it does come, it will crash against the Sovereign defaults and rate storms to combine with a derivative malaise that will collapse much of the banking system. Ok, now for the bad news...
Real Free Market Capitalists Demand that Financial Fraud Be Prosecuted
Submitted by George Washington on 11/17/2011 15:06 -0500Adam Smith and the leading Austrian economists were FOR prosecution of fraud ...
A Bet for Bullard
Submitted by Bruce Krasting on 11/17/2011 13:52 -0500If I win the bet, i will have lost big elsewhere. So will we all.
ViSuaL CoMBaT: THuRSDaY AFTeRNooN RIP...
Submitted by williambanzai7 on 11/17/2011 13:40 -0500Time to rip the shit...put your waders on, this time the shit is deep...
Now That Greece Has Defaulted, the Default Dominos Are Coming Fast
Submitted by Phoenix Capital Research on 11/17/2011 13:15 -0500Based on its debt maturation cycle I expect we’ll see an Italian default within the next six months. Indeed, no matter what happens with Greece, Italy will make sure that the EU in its current form no longer exists within the next year.
When The Duopolistic Owners Of The EU Printing Presses Disagree On The Color Of The Ink!
Submitted by Reggie Middleton on 11/17/2011 09:37 -0500Like two children bickering over spilled ink... Listen fellas, there's only one way out of this, and that way is not through the ACME Print-O-Matic 2000 (Euro edition). It didn't work for Japan, it didn't work for the US, and it ain't gonna work for the EU!
