Estonia Welcomes The Euro

Tyler Durden's picture

Presented without commentary.

h/t Daniel

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bank guy in Brussels's picture

The Estonian website this is from, is worth a look - a few bits of it are in English, including a young t-shirt model and her slogan « Stop the euro-rouble! », conveying that a new kind of foreign dominion may have arrived in place of an older one.

Clearly some Estonians have an advanced ZH-level perspective ...

The country names out of the Titanic smokestacks were a nice touch in the above, had me laughing for a few minutes - Here's the Estonian website as named in the above photo:

traderjoe's picture

Too funny. Time to shuffle some deck chairs...

LMAO's picture

Time to shuffle some deck chairs...

No, they did that in 1994 already.

What a weird twist of fate.

Titanic = Estonia

The Estonia disaster occurred on Wednesday, 28 September 1994, between about 00:55 to 01:50 (UTC+2) as the ship was crossing the Baltic Sea.

I wonder if the maker of this poster is aware of this remarkable duality.


knukles's picture

Conspiracy Theorists Delight between the Estonia and Euro!
(Military equipment, suspected sabatoge and the UK a signatory to the ensuing "treaty" concerning the Estonia.) 

LMAO's picture

No doubt,

Talking about opening up another can of worms.....Better let that shit rest at the bottom of the Baltic Sea. We better NOT investigate! 


ZeroPower's picture

Poland soon! Bet they can't wait... The PLN was surprisingly resilient this year..

RemiG2010's picture

Indeed. We can't wait to jon the last big party on sinking Euro-Titanic!

Btw. KGHM is on fire!


Ragnarok's picture

This graphic is BS, everybody knows the last smoke stack was for aesthetic purposes only.  How can I take ZH seriously? gosh

Misean's picture

Get in now before you are priced out forever!

Spitzer's picture

Default and debt restructuring is not long term bearish for the Euro.

No default and endless printing is the end of the dollar

firstdivision's picture

Hey, it's not a party until we force everyone's head underwater!

Magical EOD ramp in progress. We got green bitchez.

SheepDog-One's picture

Magical downramp greets the magical upramp...who cares SNAFU as usual.

Sudden Debt's picture



Let's hope they have some good musicians...



Shameful's picture

Think their all in Latvia for the Baltics, but already had their devastating meltdown.  Guess Estonia is taking the rivalry seriously and also seeks to close the collapse gap.

MachoMan's picture

Last time I was there they had an incredible amount of awesome/beautiful old buildings in need of maintenance and repair...  and a disproportionately high number of attractive women...  all of which looked to be hookers and/or severely skanky...  and a flock of neanderthals in pursuit.

The source of income is obvious...  and the money sink is obvious...  make it happen.

velobabe's picture

that old L oo K of skank†

Azannoth's picture

The beauty of East European women is only outdone by the savagery of the steroid packed east european men.

It almost broke my heart to leave East Europe with all the beautiful girls over there, but from personal experience I know those girls go for those Neanderthal east european men, and I am not putting my dick in a place where they have been


Honestly I have seen the most beautiful women in the world going with guys who spend 10 hour a day in gyms and wear 3 striped Adidas's toe to neck, it made me sick to see such beauties go to such low levels calling them whores would be  disrespect to whores they at least demand money

AnAnonymous's picture

That must be nice in your world, jammed between Arabs, Negroes and Neanderthal East European men...

vitoox's picture

"Situ ruttu, karu tuleb!" - piss off faster, the bear is coming here!

Steaming_Wookie_Doo's picture

Ha ha! That was one of the few Estonian phrases my dad knew (we're Latvian).

Gads, and to think Estonia started off its independence as a relatively prosperous open market society. Now to the restrictions and bureaucracy of the EU. Should you hide in prison if there are some bad guys in the neighborhood?

MachoMan's picture

Azannoth, I would say you could head to the cheapest public universities in the southern united states to find the same level/% of beautiful women, but the neanderthal bit is still prevalent...  you'll be up against the group think of frat men here...  tread lightly in their abodes if you're ever around.

Difference only being in the degree of skankiness...  although, being done up and waiting literally 3 hours for a woman to prepare is...  not any better.  All this for 2 minutes of sex???  crazy!  (clearly they just like to get done up).

New_Meat's picture

dude: how do you make it last 2 minutes ? ;-)

Shameful's picture

Fools bravely go where angels fear to tread.  Good luck Estonia, you'll need it!

emsolý's picture

order should be reversed, as greece hit the cold water first, then ireland, etc...

Silverhog's picture

I wonder if they would be interested in a Yugo dealership?

gwar5's picture

Yes, we have no bananas

carbonmutant's picture

And the band played on...

FreeMartinArmstrong's picture

think again ...

smart people the ests, they know the dollar is the actual titanic here, and a fiatcurrency of their own is at the end dollarnominated, and therefor will die, the euro will survive and be the new reserve currency when the dollar falls, it has gold marked to market in it's reserves and will not hyperinflate when the dollar does. you think one of the PIIGS will fail ? says who ? moody's ? S&P ? did they look at gold ? the ests did ...

freegold will recapitalize the lot, oil will be in euro's, and the dollar and all dollar nominated assets will burn.

SheepDog-One's picture

Jumpin ON the Titanic! Well thats a new one!

vitoox's picture

...there is a proverb here - you are the third son in a family where two other sons are wise...

This time three Baltic sisters where fool in grain:

Lithuania closed nuclear plant;

Latvia played main role in IMF FinDeath Masquerade and

Estonia = EUR for now...

SheepDog-One's picture

Speaking of Eurozone blowups, seen the latest bombing in Greece today? Big one took out a courthouse building.

voltaic's picture

Apparently many in the EU are feeling more cheery about their situation. I for the life of me don't understand all this happy days are here again attitude, but there is more of it of late. While this Gallup headline is misleading, it shows a perceived brightening economic picture. The calm before the storm? I'm confused, as usual:

While EU residents' optimism about their own personal financial situations in 2010 doesn't yet indicate a full recovery from the financial and economic crisis, Gallup surveys show some people's outlooks are slowly getting better. A median of 29% this year said their living standards were getting better, still down from 39% in 2007, but up from 22% in 2009.

Seasmoke's picture


greenewave's picture


To find out more about the TRUTH of the recent MORTGAGE SCAM, watch the YouTube video “BANK OF AMERICA ~ A PUBLIC DISGRACE” at (


This is absolutely appalling and I am dumbfounded why the American people aren’t RIOTING in the STREETS as we speak. Thw civil and political unrest we’ve seen in Europe is without a doubt coming to the United States!

Bend over America and enjoy getting SCREWED by the BIGGEST BAILED OUT BANK in the Country!!

Encroaching Darkness's picture

Got to feel sorry for the Estonians (and Baltic Republics in general); screwed over again and again throughout history, Russians, Germans, and so forth. Only this time, it looks like they're doing it to themselves (perhaps joining the Euro to keep the Russian Bear away for good? Good luck!)

When Putin decides he needs to show who's boss (again), I doubt that Euro membership will save the Latvians, Estonians, Lithuanians, perhaps Polish.....

Shameful's picture

Thank goodness Putin seems to be smart enough to be itching for a fight. He'll let the USA grind itself into dusk and the EU flirt with insolvency. And it's not only in the EU, but all the Baltic states are in NATO, so backing out of mutual defense basically defuncts NATO.

Hopefully he'll stay out of the Baltics, nothing there for them. At least some of the "Stans" have natural gas and other natural resources.

Alex Kintner's picture

Is this what  "Buy f#@king the Dip." means ?

e_u_r_o's picture

as an estonian, I say to all you bears, screw you, EUR FTW!!!





Black Forest's picture

FTW? Florida Tax Watch or For the Week?

Youri Carma's picture

Slovakia Leaving EU? Newcomer Nation May Be Looking For Exit, 30 December 2010, by Karel Janicek and George Jahn - Bratislava (The Huffington Post)

Italy's debt costs approach red zone, 29 December 2010, by Ambrose Evans-Pritchard (The Telegraph)

Greek 10 Year hit a whopping 12.55% today (12.484 now) 30 Dec. 2010,

The ECB is deflowered, Maastricht raped and the Euro verdrachmet, 28 December 2010, by Geert Noels (Econoshock) (google trans from Dutch)