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Oh, so now all it requires is downside RISK appearing to warrant cranking up the monetizing presses? This has now reached the level of pure pathetic joke.
Gotta give the bagholders some conjured reason to step in now, regardless of how ridiculous.
Yea but where is the downside risk appearing? I keep hearing them talk about it, yet markets remain levitated near all time bubble top highs! WHAT risk? I think they doth protest a bit much with their whining and crying daily for the last 2 months during the most miraculously levitating markets in all history.
Pimco warns Greece will default:
Like George Washington writes today, 'QE's' not designed to save economies its pillaging before bankruptcy, world wide. With Greece their trick is concentrating whats going on everywhere into 1 small tempest in a tea pot. USA is in 100X worse shape than Greece easily, yet theres hardly a mention anywhere of their being some dire economic problem here, ust talk of more fiat printing.
Yeah, agree and I liked that one by GW.
The politician's job is to put the nation in debt and wrangle the nation's assets into the public pot so the bankers in can pick them all up as collateral.
Same scam that they've been pulling on emerging and third world countries, ala book "Confessions of an Economic Hit Man." We first-worlders are slow to wake up.
I want to know more about those "private investors" Merkel thinks she's going to find to pick up the slack and buy increasingly worthless bonds.
Are they saying they want to sucker enough retail and pensioner money into the EU Ponzi scheme so Europeans will feel they have no choice but to participate in the raping of sovereign countries to carry the EU flag?
It all smells like Financial Repression, which is the emerging Bernanke strategy here in the US where they are already quietly using public employee pension money to fill in the holes in the US bond market. Putting the little people on the hook again for banker crimes. No thanks.
Yep, Ive cashed my chips out of this rigged casino a while back, they can have it. And all the 'traders' here good luck with your 'trading' on the magnetized loaded tables.
Yes! Only smart thing to do. Governments are so broke there's no more offense, only defense against the Talibankers. Go Galt and off the grid, avoid being a target. Starve the beast.
It all smells like Financial Repression, which is the emerging Bernanke strategy here in the US where they are already quietly using Federal employee pension money to fill in the holes in the US bond market. Putting the little people on the hook again for banker crimes --- No thanks.
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