• Sprott Money
    04/29/2016 - 05:58
    There is unfortunately no basis for renewed optimism that this current litigation will have any meaningful impact on precious metals manipulation – with respect to either silver or gold.

On The Eve Of The Greek Bailout, Clusterfuck Reigns, Threatening Tentative Market Stabilization With Collapse

Tyler Durden's picture




 
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Wed, 02/10/2010 - 23:54 | 226170 deadhead
deadhead's picture

irrespective of whatever is developed for Greece, Portugal/Spain/Ireland/Italy/black swan will get hammered by the market shortly.  the contagion will spread, no doubt about it.

at least dubai is completely fixed and because nothing has been mediaized about eastern europe, they must be doing okay, right?

 

Thu, 02/11/2010 - 00:40 | 226246 ShankyS
ShankyS's picture

LOL, nice DH. The STD that is an actual FTD (Financial) contageon will spread like wildfire as bodily fluids are exchanged among the partners of the EU. To bad TD did not put up a pic of Trojan Man. They could use the protection. Apparently they will be using the K-Y Intense to add to the pleasure. Sadly what's another 200bn to bail outall the PIIGS. You know we'll do it. Hopefully spme of they K-Y will be left over for some of us taxpayers over here who will be footing the ultimate bill.

Thu, 02/11/2010 - 01:32 | 226306 girl money
girl money's picture

Greetings, fellow pleasure seekers!

http://www.youtube.com/watch?v=qegm5Z5rmVw

The first one that "feels like nothing's there."

PERFECT!

Thu, 02/11/2010 - 06:13 | 226411 Cognitive Dissonance
Cognitive Dissonance's picture

This one is better. It shows the real intentions of the (almost) cheating husband nearly "exposed" shall we say. Reminds me of politicians.

http://www.youtube.com/watch?v=QyekMx50PvU&NR=1

Thu, 02/11/2010 - 00:49 | 226261 DoChenRollingBearing
DoChenRollingBearing's picture

As the unforgettable, but no longer heard from, Mogambo Guru used to say:  "We're freakin' doomed!"

Contagious?  check

Lots & lots of bailouts?  check

Pretend & extend?  check

Black Swan(s)?  check

...

 

Thu, 02/11/2010 - 00:59 | 226276 Anonymous
Anonymous's picture

The Mogambo Guru is back. I saw a new post from him today at dailyreckoning.com.

Thu, 02/11/2010 - 03:03 | 226355 Shortbus Bully
Shortbus Bully's picture

Where you been?  Mogambo's back!

Wed, 02/10/2010 - 23:58 | 226173 Anonymous
Anonymous's picture

Right and the USA - primarily your banks, have nothing to do with hiding the issues in Greece to begin with, loading up the debt, pumping up the cost of insuring it - or anything like that at all hey?

Make up your mind - on the one hand you spend ages saying GS is behind this mess and on the other, you're making out like the USA is the saviour here. The world is just one big credit card shuffle - the dealer is the USA.

Get used to paying for this stuff, if you want that shuffle to continue. Simple.

Thu, 02/11/2010 - 00:09 | 226203 Tyler Durden
Tyler Durden's picture

Reread the article. This time focus on the pictures.

Thu, 02/11/2010 - 00:28 | 226227 Scooby Dooby Doo
Scooby Dooby Doo's picture

i don't get it. the michelin man's dad? what does he have to do with all the grease stuff?

Thu, 02/11/2010 - 00:36 | 226237 Clampit
Clampit's picture

Exactly, well said Tyler. If Liz Warren doesn't run in '12, you have my write in.

BTW, Scoobs, making sense of all this is a fools errand.

 

 

Thu, 02/11/2010 - 00:44 | 226255 Scooby Dooby Doo
Scooby Dooby Doo's picture

I'm thinking a 90% flat income tax for 3 years should balance things out fairly. Sarah will fix things, huh?

Thu, 02/11/2010 - 09:08 | 226472 Anonymous
Anonymous's picture

(not counting the current academic in office)The last time we elected an academic, he created the Federal Reserve. I plan on only voting for military leaders from now on.

Petraeus '12

Thu, 02/11/2010 - 11:35 | 226643 jmc8888
jmc8888's picture

Gerneral Betray-us who is doing the Queen's bidding, no thanks.  You know he wants the people he's been railing against and fighting to be in power now right? The taliban.  After all the queen needs her opium wars.

The dealer isn't America, it's Britain's system.  America is just the biggest cog in the BRITISH imperialist system.  The EU? Well that was the Queen again, and you tend to forget she left you at the alter by not joining in your mess.  (was that accident, NO!)

The last intellectual who was voted in......what a sophistric answer.  I'm sure you be pleased with your new 'president' filter.  Be prepared to constantly clean up the crud. 

FDR was a smart man, and he wasn't a Keynes.  He HATED keynes for gloming on to what he did, and trying to put a theory together around that (which of course he added lots of bunk stuff to).  But most don't realize that.  Well realize it.  FDR was anti-keynes.

It's what LaRouche has been talking about for years, that Euro cannot govern itself, because they gave it all away to someone else who doesn't have authority to do crap.  Thus, in the article it mentions how they don't know how to do it.  Because, it was made so they COULDN'T.  What you didn't know the Euro system was a scam from the start? Whoops.  Guess you euros forgot your history, and that everything had changed.  It didn't. Sorry, we're all victims here, but we can become the policeman too.

Thu, 02/11/2010 - 12:23 | 226762 Anonymous
Anonymous's picture

I am going to keep voting for Ron Paul until one of us dies.

Thu, 02/11/2010 - 00:51 | 226263 MrPalladium
MrPalladium's picture

Who ya gonna call???  - The ghost busters!!

BTW, what happened to the mandatory picture of Sigourney Weaver in her prime. :(

Thu, 02/11/2010 - 03:37 | 226377 Eternal Student
Eternal Student's picture

And I have to say, that picture is absolutely superb for this article!

I guess some youngsters haven't seen the original Ghostbusters movie. Do so. It's well worth the time.

Thu, 02/11/2010 - 00:51 | 226264 i.knoknot
i.knoknot's picture

"stay puft" is from the first ghostbusters. to my thinking, should've gotten a "best supporting" oscar.

Thu, 02/11/2010 - 01:24 | 226297 Clampit
Clampit's picture

It's god damn brilliant; the fiat currency mascot. It's nice to come here and be humbled...

Thu, 02/11/2010 - 02:02 | 226326 starfish
starfish's picture

Don't cross the streams. Proton packs? or was it photon packs... i like the metaphor of a 'demon from another world' that we have engage in battle. so...what is our metaphorical proton pack...truth of course...what else? stop feedig the beast? galt's gulch? eh braddah, doze guyz no grow nothin but jus keep eatin my food...gettin old already...saavy

Thu, 02/11/2010 - 01:43 | 226316 Anonymous
Anonymous's picture

Don't cross the streams. Proton packs? or was it photon packs... i like the metaphor of a 'demon from another world' that we have engage in battle. so...what is our metaphorical proton pack...truth of course...what else? stop feedig the beast? galt's gulch? eh braddah, doze guyz no grow nothi but jus keep eatin my food...gettin old already...saavy?

Wed, 02/10/2010 - 23:58 | 226175 ghostfaceinvestah
ghostfaceinvestah's picture

Shorting the Euro has got to be the biggest no-brainer trade in the world.  This is just like  Britain trying to keep the pound in the ERM, they are going to waste incredible resources just to keep up the Euro charade.

Thu, 02/11/2010 - 05:35 | 226404 scaleindependent
scaleindependent's picture

For everyone: If the bailout of the EURO passes, how far up will it bounce ? i.e., what is a good entry point on shorting the Euro after a bounce/

Thu, 02/11/2010 - 08:35 | 226450 ratava
ratava's picture

the QE rally 50% retrace at 1.3788 was my entry point

Thu, 02/11/2010 - 00:01 | 226187 Anonymous
Anonymous's picture

So elequantly written. Unfortunately, Harvard MBAs forgot to write like that,long time ago....

Thu, 02/11/2010 - 00:01 | 226188 plocequ1
plocequ1's picture

The world is a big printing press. Money is nothing anymore. I hope to be dead before the US hasto pay the bill. I have noticed a $2.00 increase in my Federal tax. I dont care anymore. Let the fuckers print all they want. Japan is still around....They must of done something right. Maybe one  day the world will not use money anymore..I love you Ben, Keep up the good work...

Thu, 02/11/2010 - 04:45 | 226396 Anonymous
Anonymous's picture

What you are describing is called 'capitulation'....... but yes, for what it's worth - I feel the same.

Thu, 02/11/2010 - 08:37 | 226453 ratava
ratava's picture

japan squeezed a ton of cash out of domestic consumers to pay for the massive debt, sif that can happen in US with the jobless overleveraged losers everywhere

Thu, 02/11/2010 - 00:01 | 226189 Stevm30
Stevm30's picture

Stay Puft Marshmellow men - beautiful wordsmithing!

Thu, 02/11/2010 - 00:02 | 226192 Anonymous
Anonymous's picture

LEGENDARY! SO FREAKING FUNNY! Larry Summers should have learned at Wharton. Ah, only for the proud and the few.

Thu, 02/11/2010 - 00:04 | 226194 ghostfaceinvestah
ghostfaceinvestah's picture

Good thing Obama got his IMF funding provision through, and with a signing statement removed any restrictions on that funding.

http://uk.reuters.com/article/idUKTRE56K6N920090721?sp=true

Thu, 02/11/2010 - 10:39 | 226572 Anonymous
Anonymous's picture

Those signing statements are going to be ruled unconstitutional very quickly. They're being issued like candy, and are obviously circumventing Congress.

Thu, 02/11/2010 - 00:06 | 226196 Clinteastwood
Clinteastwood's picture

Whatcha gonna do????????

Call Ghostbusters!!!! (IMF)

They'll zap old Zuleee!!!!!

(well, that's what I heard)

Thu, 02/11/2010 - 00:10 | 226202 Crab Cake
Crab Cake's picture

Dr. Peter Venkman: This city is headed for a disaster of biblical proportions.
Mayor: What do you mean, "biblical"?
Dr Ray Stantz: What he means is Old Testament, Mr. Mayor, real wrath of God type stuff.
Dr. Peter Venkman: Exactly.
Dr Ray Stantz: Fire and brimstone coming down from the skies! Rivers and seas boiling!
Dr. Egon Spengler: Forty years of darkness! Earthquakes, volcanoes...
Winston Zeddemore: The dead rising from the grave!
Dr. Peter Venkman: Human sacrifice, dogs and cats living together... mass hysteria!

Thu, 02/11/2010 - 00:47 | 226260 Anonymous
Anonymous's picture

Brilliant, I loved that movie brings back the good old bad days. If
I recall we managed to get through them too. Then we had real
Nukes pointed at us, how did we manage. No matter what remember
one thing the sun will come up tomorrow even if it's covered by
clouds. I'm starting to think Leos on to something. I'm long Solar
just for different reasons.

Thu, 02/11/2010 - 05:44 | 226405 covered
covered's picture

[Dana is possessed]
Dr. Peter Venkman: I make it a rule never to get involved with possessed people.
[Dana starts passionately making out with him]
Dr. Peter Venkman: Actually, it's more of a guideline than a rule...

Probably a good idea to make it rules rather than guidelines next time. I know there'll be a next time, I am curious what it will look like though

 

Thu, 02/11/2010 - 00:09 | 226204 ghostfaceinvestah
ghostfaceinvestah's picture

Maybe the IMF can sell more of their gold to help out Greece.

I am sure India and China would be happy to take it off their hands.

Thu, 02/11/2010 - 00:40 | 226245 Joe Sixpack
Joe Sixpack's picture

With the $1070-$42 per ozt. profit, it will help!

Thu, 02/11/2010 - 00:10 | 226206 Going Down
Going Down's picture

 

"12 non-Hank Paulsons, all of whom speak different languages...."

 

Well, there's "sheisse" and "merde" to start with. Oh...and of course "skata!"

 

 

Thu, 02/11/2010 - 08:38 | 226454 ratava
ratava's picture

dont forget hovno

Thu, 02/11/2010 - 00:17 | 226215 Hansel
Hansel's picture

What's a "Cluterfuck"?

Thu, 02/11/2010 - 00:24 | 226225 jesus
jesus's picture

Clusterfuck in German.

 

Thu, 02/11/2010 - 10:36 | 226570 Postal
Postal's picture

Ja!!! :D

Thu, 02/11/2010 - 00:19 | 226216 Cistercian
Cistercian's picture

 Epic ZH Tyler.

 Fantastic.

Thu, 02/11/2010 - 00:20 | 226217 lsbumblebee
lsbumblebee's picture

This ties in with my Pillsbury Doughboy thesis. If we can just keep the markets soft and fluffy then nobody has to worry about a thing forever!

Thu, 02/11/2010 - 00:54 | 226269 i.knoknot
i.knoknot's picture

the "stay puft" dude actaully meets a nasty demise...

the reference works rather well, methinks.

Thu, 02/11/2010 - 09:04 | 226466 Anonymous
Anonymous's picture

If I recall correctly, the exit from this madness (or Exodus) requires hasty packing & preparation. Unleaven bread and bitter herbs to mimic the travail in a wilderness of want.

The antithesis of Stay-Puft Man.

Take the liquidation and dissolution of the rotten entities and LIVE; or continue sacrificing the futures of the young to a consuming sea of red ink. No chariot can outrace it, no stay-puft pride can resist it.

Fare thee well, yeasty dough-boy world economies. Die another day?

Thu, 02/11/2010 - 00:22 | 226220 Anonymous
Anonymous's picture

This prose was so eloquent, it brought tears to my eyes...

Thu, 02/11/2010 - 00:23 | 226222 BobPaulson
BobPaulson's picture

Good. Hurry it up already. I want to see some serious players hit the mat here. I'm sick of the parade of clowns saying nothing is wrong. Anybody remember "this is contained to subprime mortgages only". Keep stripping away the veils, I can take it.

Thu, 02/11/2010 - 00:39 | 226243 Anonymous
Anonymous's picture

Not me, I can't take it any more. They said it was "good to be king" 'caus you get your very own printing press and all that neat stuff, but now I can't handle the truth, 'caus my fiatskos won't buy me any more paper and ink!

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