Citi Recommends Buying Irish CDS In Advance Of "Nightmare On Kildare Street"

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 03/22/2011 - 18:28 | 1087654 ghostfaceinvestah
ghostfaceinvestah's picture

Better off buying the ultimate protection against all this fiat craziness - gold and silver.

Tue, 03/22/2011 - 18:55 | 1087731 Michael
Michael's picture

Just shoot the Euro currency fuck in the head and get it over with.

Default everything. Bring back sovereign currencies. Diversification of currencies is the key to global economic stability. There shall be no single reserve currency status for any nation on the planet period.

Tue, 03/22/2011 - 19:29 | 1087828 The Navigator
The Navigator's picture

But see, that would fuck up their plan for a 1 world currency (proving that individual sovereign currencies are better) under the NWO.

Tue, 03/22/2011 - 19:51 | 1087883 Michael
Michael's picture

There are more sinister things going on on this planet than you think.

The world needs to shift it's focus from growth of the balance sheet to maintenance of hard assets. The world has grown enough already in terms of physical assets. The new goal should be getting as close to 0% growth as possible and maintaining the the things we've already built. Dismantling the Federal Reserve Corporation and International Banking Cartel operations needs to be our immediate #1 goal. Seizing their assets for financial terrorism and crimes against humanity need to be dealt with harshly and swiftly. Liquidation of debt must be a priority. Debt must be declared the #1 enemy of the state.

Financial services employees can be re-purposed to cleaning streets and painting dilapidated structures.

The "Set of a New Night', or "New Dusk", or something like that can replace the current Sun Cult  imagery they're using on us today.

Moon Rise images can be used to counter the Sun Cult, make the cultists heads explode, and bring the world back into balance.,or.r_gc.r_pw.&wrapid=tljp1300811323156012&um=1&ie=UTF-8&source=univ&sa=X&ei=S86ITcy-HcTJgQfX9vS_DQ&sqi=2&ved=0CCIQsAQ&biw=1570&bih=671

They call the operation in Libya "Odyssey Dawn".  Did you know they renamed the operation in Iraq back in September operation "New Dawn"?

That "Dawn" word is explained by Jordan Maxwell, very intriguing.

Jordan Maxwell - The Dawn of a New Day (2009) 

Tue, 03/22/2011 - 20:47 | 1088093 Alienated Serf
Alienated Serf's picture

how does looking at a picture of a moonrise cause physical injury?

Tue, 03/22/2011 - 18:29 | 1087655 Rodent Freikorps
Rodent Freikorps's picture

'Another One Bites the Dust'


Tue, 03/22/2011 - 18:32 | 1087661 Long-John-Silver
Long-John-Silver's picture

You can't eat Euro's

Tue, 03/22/2011 - 21:26 | 1088176 Harlequin001
Harlequin001's picture

No, but I hear you can eat lead...

Which will be the other mass byproduct of all this money printing...

Tue, 03/22/2011 - 18:35 | 1087669 GFORCE
GFORCE's picture

This euro rally has always been false. Typical FX volatility rally to fill the coffers of Wall St.

The europeans have kicked the can down the road with hastily arranged bailout after bailout.

Ominous sign that JP Morgan and Citi both had negative calls on the eurozone today.

Tue, 03/22/2011 - 18:49 | 1087706 ghostfaceinvestah
ghostfaceinvestah's picture

It's a race to the bottom, Bernanke has been winning lately, but if he eases up on QE even for a second the Euros will take advantage and the dollar will surge (relative to that other failed fiat).

Tue, 03/22/2011 - 18:53 | 1087723 Long-John-Silver
Long-John-Silver's picture

It only costs 10 cents to print one.

Tue, 03/22/2011 - 18:36 | 1087671 Ricky Roma
Ricky Roma's picture

short shamrocks, long guinness.

Tue, 03/22/2011 - 18:49 | 1087708 willien1derland
willien1derland's picture

Slainte' - I will drink to that!

Tue, 03/22/2011 - 18:50 | 1087710 centerline
centerline's picture

Extra stout of course.

Tue, 03/22/2011 - 22:46 | 1088069 tom a taxpayer
tom a taxpayer's picture


Mr. Murphy: Top o' the morning, Mrs. Clancy.

Mrs. Clancy: Top o' the morning to you Mr Murphy. and where are you rushing to this fine day? You seem upset. Come in now and have a nice cup of tea.

Mr. Murphy: No time for tea, Mrs Clancy. I need to give me banker a stress test.

Mrs. Clancy: Oh really now. Do you know more than all the ex-perps at the ECB and the Irisk government who are running stress tests on the Irisk bank.

Mr. Murphy: Tis true. I don't have the gift of stress test in me blood.  But if you can keep a secret, I'm going to stress test my banker as best I spitting on him.

Mrs. Clancy: Well now, I won't be keeping you. Seeing as your going into town, will you do me a favor.

Mr. Murphy: Sure, Mrs Clancy, anything for the sweetest colleen in the Emerald Isle. 

Mrs. Clancy: Please spit on the banker for me...with one of those big gooey gobs I have seen you cough up when you have a mind to.

Mr. Murphy: Consider it done, Mrs Clancy. And an honor it will be to have your support for the stress test of the banker. I don't have the gift of fancy stress tests but I do have the gift of gob.


Tue, 03/22/2011 - 18:37 | 1087674 FischerBlack
FischerBlack's picture

Citi wants to sell you Irish CDS. Plenty of us want to buy them, just not with Citi as a counterparty.

Tue, 03/22/2011 - 21:30 | 1088181 Harlequin001
Harlequin001's picture

Well said...

Tue, 03/22/2011 - 18:39 | 1087680 Calvin Jones an...
Calvin Jones and the 13th Apostle's picture

Buy the fucking dip!!



(Sorry, I had too)

Tue, 03/22/2011 - 20:39 | 1088084 dearth vader
dearth vader's picture

You could've said STDF, "Sell the dipping fuck", for a change.

Wed, 03/23/2011 - 06:50 | 1089105 Freewheelin Franklin
Freewheelin Franklin's picture

How about "short and distort"?

Wed, 03/23/2011 - 06:58 | 1089112 Arkadaba
Arkadaba's picture

How about a pig roast - mmmm?

Tue, 03/22/2011 - 18:39 | 1087686 Highrev
Highrev's picture

I'll be damned if those spoiled western brats losing a little money now takes front page while people in Libya are losing their lives (in no small part thanks to those spoiled brats) and a part of Japan is losing its entire existence (while those spoiled brats just look on and say that everything will be alright).

I don't like what I see in the near term future that I think is in store.


Tue, 03/22/2011 - 18:45 | 1087698 JR
JR's picture

Speaking of governments “about to keel over and die,” here comes the next Middle East regime change. 

The details are in today's Democracy Now!’s summary - Jeremy Scahill: As Mass Uprising Threatens the Saleh Regime, a Look at the Covert U.S. War in Yemen ( video link below) :

The crisis in Yemen is growing following high-level defections from the regime of U.S.-backed President Ali Abudullah Saleh. On Monday, a dozen top military leaders announced their pledge to protect the protest movement after 45 people were killed and some 350 were wounded when Yemeni forces opened fire on demonstrators in the capital of Sana’a on Friday—after two months of nationwide demonstrations.

“In recent years, the United States has provided hundreds of millions of dollars in military and security aid to Yemen.

“'The Obama administration has really escalated the covert war inside of Yemen and has dramatically increased the funding to Yemen’s military, particularly its elite counterterrorism unit, which is trained by U.S. Special Operations Forces,' says Democracy Now! correspondent and independent journalist Jeremy Scahill. 'It could get much worse if Ali Abdullah Saleh decides to unleash the U.S.-trained counterterrorist units on his own population.'" [includes rush transcript]

Tue, 03/22/2011 - 18:53 | 1087720 Blues Traveler
Blues Traveler's picture

Someone needs to quikcly tell Obummer that Japan has lots of muslims

Tue, 03/22/2011 - 18:51 | 1087713 Blues Traveler
Blues Traveler's picture

Texan and I totally agree with you. Where is our suppport and help of Japan?  The only acceptable answer is that Japan declined because we did such a fabulous job in Haiti.

Tue, 03/22/2011 - 19:33 | 1087838 Rodent Freikorps
Rodent Freikorps's picture

Texan, and the Japanese need to work this one out on their own. I remember them subsidizing their chip makers to bankrupt American manufacturers.

Let them make it on their own. Or not.

Tue, 03/22/2011 - 21:31 | 1088186 Harlequin001
Harlequin001's picture

I wish them all the best, but I would wish them more if they would do it without printing a truck load of new money...

Tue, 03/22/2011 - 18:43 | 1087695 Sudden Debt
Sudden Debt's picture

fact is that the 2 yr gets a bigger return then the 10 yr so that means we're like 100% sure they'll default as everybody is dumping like crazy.

And while we look at Ireland, Portugal is next by next week and Spain is about the throw up to.

Time to go short on the euro I would say...

This shit zigzaws constantly!

And in 2 weeks they US will take centerstage again and in 4 weeks the EU again and in 6 weeks the US again and in 8 weeks the EU again and in 10 weeks the US again and in 12 weeks the EU again and in 14 weeks the US again and in 16 weeks the EU again and in 18 weeks the US again and in 20 weeks the EU again and in 22 weeks the US again...............................

Tue, 03/22/2011 - 18:44 | 1087696 Rodent Freikorps
Rodent Freikorps's picture

Socialist nations should die. Darwin hates you.

Tue, 03/22/2011 - 20:58 | 1088115 Zero Govt
Zero Govt's picture

+1  .....the West is based on 'suicide socialism', or at least our Govts are... but if you're private sector the suicide of Govt is not a problem, it's a solution to the problem ...roll on Darwinism :)

Wed, 03/23/2011 - 07:02 | 1089114 Arkadaba
Arkadaba's picture

do you really understand Darwin - think not.

Tue, 03/22/2011 - 18:43 | 1087697 dondonsurvelo
dondonsurvelo's picture

And no one will say that the dollar might rally.

Tue, 03/22/2011 - 18:48 | 1087704 Highrev
Highrev's picture

Stranger things have happened.

Tue, 03/22/2011 - 18:47 | 1087703 nasdaq99
nasdaq99's picture

this is good for the irish economy.  remember iceland and icesave.  they let the banks go down rather than shove the bankd debt down the throats of the taxpayers.  it's a good thing ultimately.


merkle has been talkign out of both sides of her mouth too, so let her & trichet step up & buy the crippled debt.



Tue, 03/22/2011 - 18:49 | 1087707 mynhair
mynhair's picture

Does Iceland care?

Thought not.


Sharia! Sharia! I just met a girl named Sharia!

The most beautiful sound I ever heard:
Sharia, Sharia, Sharia, Sharia . . .
All the beautiful sounds of the world in a single word . .
Sharia, Sharia, Sharia, Sharia . . .
I've just met a girl named Sharia,
And suddenly that name
Will never be the same
To me.
I've just kissed a girl named Sharia,
And suddenly I've found
How wonderful a sound
Can be!
Say it loud and there's music playing,
Say it soft and it's almost like praying.

I'll never stop saying Sharia!

The most beautiful sound I ever heard.

Tue, 03/22/2011 - 18:52 | 1087717 Rodent Freikorps
Rodent Freikorps's picture

Isn't "Sharia" Arabic for "On your knees, Bitch"?

Tue, 03/22/2011 - 18:58 | 1087741 mynhair
mynhair's picture

close enough, but if it were the Berspanky.....

Tue, 03/22/2011 - 19:22 | 1087811 falak pema
falak pema's picture

sharia means you gotta share her!

Tue, 03/22/2011 - 18:50 | 1087714 THE DORK OF CORK
THE DORK OF CORK's picture

For a while there I was thinking there might be a rational grand bargain between us and the continental priests.

A reversal of our corporate tax policey for a complete default on our external private debt obligations.

Then I grew up.

I have been saying for some time that the ECB wants to drop kick us through the BOE goalposts of debt.

I would accept this if we were given a measure of dignity such as the reinstatement of our fishing rights in Irish territorial waters and the like but its not likely especially since we have not a coast guard of sufficient size to guard such a bounty.

We were born to be serfs.

Its as simple as that.

Tue, 03/22/2011 - 18:55 | 1087728 Rodent Freikorps
Rodent Freikorps's picture

You are welcome in the US. We do not enforce our borders.

You can stay at my house until you get on your feet.


Rodent Six.

Tue, 03/22/2011 - 18:58 | 1087738 THE DORK OF CORK
THE DORK OF CORK's picture

Yes Massa

Tue, 03/22/2011 - 19:00 | 1087744 Rodent Freikorps
Rodent Freikorps's picture

Your choice. How's England treating ya?

I wasn't even gonna charge you rent. I'm starting to figure out why y'all are in the situation you are.

Tue, 03/22/2011 - 19:01 | 1087753 THE DORK OF CORK
THE DORK OF CORK's picture

I could live with a Norman Overlord now - those Teutonic Knights are right bastards.

Tue, 03/22/2011 - 19:05 | 1087760 Rodent Freikorps
Rodent Freikorps's picture

Yes, they were.

The Free Corps were just average guys who cared.

Enjoy working in the peat bogs. One, more or less, won't matter.

Good luck.

Tue, 03/22/2011 - 19:12 | 1087780 THE DORK OF CORK
THE DORK OF CORK's picture

The Finns have control of our peat industry on some of the raised bogs now so even that is not a option and the EU prevents us from cutting turf on the mountain blanket bogs................. so ............... its the spuds again.

Hope there won't be a blight this time.............

Tue, 03/22/2011 - 19:26 | 1087789 Rodent Freikorps
Rodent Freikorps's picture

The offer is open. Let me know.

I can hook you up with a local Catholic church that will help you with a fake ID.

If we are good with an invasion from Mexico, I can do no less than help the Irish.

Tue, 03/22/2011 - 19:35 | 1087846 THE DORK OF CORK
THE DORK OF CORK's picture

What makes you think I am a Catholic ?

Tue, 03/22/2011 - 19:51 | 1087898 Rodent Freikorps
Rodent Freikorps's picture

Forget I said anything.

Good luck.

The offer is closed.

Tue, 03/22/2011 - 19:57 | 1087926 THE DORK OF CORK
THE DORK OF CORK's picture

Shit , I always wanted to cross the Rio Grande - it is a mental barrier of sorts for me.

Anyhow the Lee is dangerous now - unpredictable flooding and the like , must must must cross the Rubicon.

Do NOT follow this link or you will be banned from the site!