EUR Plunges After Lagarde Intimates On Greek Bankruptcy

Tyler Durden's picture

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BKbroiler's picture

Cmon, this was the plan all along.  The US created a global financial depression that would capitulate other nations first, making the dollar a safe haven long enough to soak up the world's spoils.   The biggest animal can lose the most blood before falling over.

AssFire's picture

They played a 60 year card game with IOU's, but no one ever had that much money. So nobody will ever pay up. Viva Iceland free of the skum!

Now: more kindling, more fuel.. I think this bitch is finally starting to burn!

BKbroiler's picture

I think this bitch is finally starting to burn!

nah, that's your ass, but 60 years sounds about right. to the victor go the rights to ponzi. And we ponzied hard.  The slick move was Bretton Woods... "our money is now tied to... nothing. sorry. see our military with any questions."

AssFire's picture

No, my ass has been on fire for years... this smells like the fuckin roof is on fire, but I just don't want/need any water.

the jews. the jews. the jews are on fire. the jews. the jews.? the jews are on fire. we don't need no jews, let the motherfuckers burn. burn motherfuckers, burn.

Junk me after you laugh...

ZeroMargin's picture

So a Jew set your faggy ass on fire...? and now you have to polute this web site with hate posts... we discuss the markets here go play hitler somewhere else 

AssFire's picture

Oh, who do you think collected the interest on all the fake money?

Made it too simple and that is what infuriates you guys. Take it easy, I'm just doin a reality check.

TK7936's picture

There just doing Gods work. Who are you to question God?

fuu's picture

It's those non-neanderthal pure breds that are junking you.

AssFire's picture

Did you know about that study?? I'm glad you brought it up. I doubt many others do either. Here is the link:

enjoy my good friends!

TheForgottenMan's picture


Powerful link!, Thanks AF! Why is this all being kept from everyone yet in plain sight?? I knew Darwin was right! They started lying about this stuff 60 years ago; but there it is.

Even if you are branded a racist, you our our racist and bring a perspective that makes ZH unique!


fuu's picture

It's not that I doubt the science, I actually spent $50 today purchasing papers relating to the studies mentioned in your videos. I just doubt your interpretation of them.


Here's a couple of free ones you can start with.



Then again you have the same African progenitor mother all the rest of us has. It seems that Neanderthal's had a totally different kind of mtDNAA. Only Neanderthal males and Human females were able to reproduce and produce fertile offspring. Most likely the Neaderthal pimps just put our great-great-great...great-grandmas to work on the corner.

"In spite of the new evidence that shows "modern" humans are all linked (except Africans) to Neanderthals we continue to spend fist over dollar trying to evolve this race when it is not even possible."

"Yes, the only contribution; basically a pre modern human pitri dish.

I'm talking about the concepts of farming, using tools, buring the dead etc. None of that evolved from these. Everyone agrees that something remarkagle happened to the developement of modern 40,000 years ago. Now we are not allowed to understand it or talk about it because of 150,000 year old petri dishes? Nonsense."

"With the science I think it is time to expect less and treat differently this race that we spent 60 years (and trillions of $$) trying to evolve."

Jack Napier's picture

Interesting study, but let me tell you why it doesn't mean what it seems. I recently watched a Nova episode on PBS where they discussed switch genes. These are genes that function as on/off switches like binary to determine whether the subsequent gene sequence is processed or skipped/ignored. This is why we can have so much in common with apes, yet be so different, because it only takes 1 gene to be different to bypass an entire segment of development. The study also went on to show that a species can be modified merely by its environmental factors such as temperature. They were able to get one species of a mouse to change its color simply by having it develop in a different location with a different environment, and were able to isolate the gene responsible for choosing the color by doing a comparison. Evolution is not forward or backward, but lateral. Whatever the genes are determines what will be, and since DNA is not infinite there must be a finite number of predetermined possibilities available, and changing the gene sequences just changes the outcome. All this actually bolsters the case for intelligent design, as gene sequencing is just a complex form of organic computing, and there must be some method of interpreting the DNA sequence that causes life to consistently form in the same manner when the same sequences are provided. The fact that much of the world shares 4% DNA with neanderthals doesn't imply anything beyond what it explicitly states.

TheForgottenMan's picture

Well this is what the father of DNA sequencing said before the msm freaked out..

Something made humans have a giant leap about 40000 years ago that is not disputed.

Other Nobel Prize winners like Shockey said much the same. Just seems as though a massive campaign has been running for a long time to build up the self images without any accomplishments.

fuu's picture

Yes the man wants to select out ugly people. He seems like a trustworthy source for interpreting data.

MGHJFHD's picture

Someone I work with visits your site frequently and recommended it to me to read also. The writing style is superior and the content is relevant. Thanks for the insight you provide the readers!


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magis00's picture

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magis00's picture

Also, welcome.  Don't advertise, please.  Blogs that contribute to the conversation are a different sort of signature, my friend.

goodnightvienna's picture

I'll see your 14 hours with no bathroom breaks and I'll raise you the hour I usually use to get my hair cut each month... in exchange for a hairband.

Mactheknife's picture

Here's a tip: Italian CDS are WAY cheap.

gorillaonyourback's picture

buy insurance on an italian bank in case it collapses. how can than bet be cheap?

JW n FL's picture
by Central Bankster
on Mon, 07/11/2011 - 22:23




Thank You! for the Link!! and it is MUST SEE TV (youtube) for anyone who is interested in recent history and fiat (paper) money collapse!

macholatte's picture

Thanks for the link, CB

Interesting to observe, casually, that what appears to bind the protesters is a sense of unity of purpose (also see Greeks, Egyptians, etc) not found in the USA. Maybe it's because those societies haven't been poisoned by "diversity" and class warfare propaganda. Just a hunch.


ads56's picture

Checkmate bitches!

knukles's picture


Think G-Pap's "Dear Fuckyou" letter set her off? 
Or maybe Spain Greecing the Yids has her concerned?

Dr Zaius's picture

It's just a flesh wound.

HungrySeagull's picture

A firewall is useless in this Firestorm.

They will need to dynamite entire Nations until the cancer is cut out of the EU.

Dr Zaius's picture

That's how they dealt with the San Francisco fire in 1906.  Whole neighborhoods were flattened with dynamite to stop the fire.  I just wonder who get's to choose where the dynamite goes.

delacroix's picture

don't worry, the guys, who did the WTC, are on it

HungrySeagull's picture

Actually Sanfran was rebuilt on rubble, graves of the dead. The next quake will liquidfy downtown and drown it all.

There will be no Southern Pacific Railroad to haul the hundreds of thousands, if not millions of homeless.

If memory serves, BOA set up a stool and a table in the burned out street and started lending money to people desperate for the lumber.

Bastiat's picture

The next quake will liquidfy downtown and drown it all.


hamurobby's picture

Pretty much a Maginot Line, might as well just give Germany the keys and save us the drama.

TruthInSunshine's picture
by HungrySeagull
on Mon, 07/11/2011 - 22:30

A firewall is useless in this Firestorm.

They will need to dynamite entire Nations until the cancer is cut out of the EU.



fusion power

If graphite is used, the gross erosion rates due to physical and chemical sputtering would be many meters per year, so one must rely on redeposition of the sputtered material. The location of the redeposition will not exactly coincide with the location of the sputtering, so one is still left with erosion rates that may be prohibitive. An even larger problem is the tritium co-deposited with the redeposited graphite. The tritium inventory in graphite layers and dust in a reactor could quickly build up to many kilograms, representing a waste of resources and a serious radiological hazard in case of an accident. The consensus of the fusion community seems to be that graphite, although a very attractive material for fusion experiments, cannot be the primary PFC material in a commercial reactor.

The sputtering rate of tungsten can be orders of magnitude smaller than that of carbon, and tritium is not so easily incorporated into redeposited tungsten, making this a more attractive choice. On the other hand, tungsten impurities in a plasma are much more damaging than carbon impurities, and self-sputtering of tungsten can be high, so it will be necessary to ensure that the plasma in contact with the tungsten is not too hot (a few tens of eV rather than hundreds of eV). Tungsten also has disadvantages in terms of eddy currents and melting in off-normal events, as well as some radiological issues.


Looks like even with some impurity issues, tungsten is far more viable than graphite, for now.

Of course, maybe the Chinese can discover a new rare earth mineral - let's call it bullshitanium for discussion purposes (since the Chinese are very good at finding unique, nearly magical materials on their soils, exclusively) - and this can be bonded with tungsten or another/other material(s), to improve the plasma container for either a 'pinch' or 'magnetic' containment system further.

In other words, yeah...the Eurozone is foooked badly.

Meltdown bitchez!


the tower's picture

Does that mean the USA needs to be blown up to cut the cancer out of this world?

Cdad's picture

China, which just reported that its FX reserves rose from $3,197 billion to $3.233 billion. The bulk of that money is now going to purchase EURs and keep Europe afloat one more day.

Sweet!  A synthetic, non China based way to sell China...the worst capital allocators on the face of the Earth.  

Sell the Euro and kill two birds with one stone!

Boston's picture

What will happen next, however, is the same thing that happened when Lehman filed: sheer panic, as a global bank runs ensues, and the USD, not to mention gold, all go parabolic

Don't forget Treasuries!  They have already, BTW, jumped very nicely tonight.

Hedge Jobs's picture

“facing issues at the moment which are essentially market-driven.”

yep, blame those "market conditions" again. has nothing to do with management of the economy 

mt paul's picture

long Chinese baklava ..

bakken's picture

What happens to the market if, after all the hype, the Chinese get cold feet and let the Euro collapse?

On the other hand, a falling market lets them pick up a lot of leverage on the Euro market cheaply.  How much Euro float is there actually?  Would they want to be tied to the Euro now, as it fails?  They don't even want the responsibiity for their own Yuan!

China loses half its nestegg speculating on the Euro???  I think not.

chump666's picture

China will turn on it's money pumps but their bonds should sink.  The next step in th endgame trade. China imploding, if it isn't already...

mayhem_korner's picture

If China floats EU tomorrow, who's going to pick up the slack for the $66B in Treasuries to be auctioned?

Tub is draining...

qussl3's picture

Crash'em stawks and them fund managers will come running.

monopoly's picture

And I am surprised by all this. I think not. We have been discussing this here for a couple of years now. Just starting to all come together.

Dr Zaius's picture

Don't underestimate the human capacity to kick the can down the road.

old naughty's picture

This can has been kicked so much that the tip of the boot could hardly find a point to kick it further.

Tipping point [not] in sight? Ha.

Incubus's picture

If things get bad enough, we'll just get Dhalsim to start kicking the can for us.