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This is like watching a train wreck in slow motion...
Its like watching a trapped labrat try to escape from a maze without any exits.
You just end up thinking "poor fella , he might aswell just lay down and take a nap"
"poor Europe , they might aswell just do a mass default and kick back"
The rentier class is scared shitless a country like Spain or Italy will default.
"Rating agencies? What rating agencies? We don't need no stinkin rating agencies!"
Good. I hope they dissolve the lining of their stomach then spit and shit blood.
Agreed. We are all trapped labrats trying to escape from this planet-wide crisis. Poor all-of-us.
No. It like watching an acella "high speed" train crawl along at 50 miles an hour already 2 hours behind schedule. A good old train wreck makes sense
So kind of SOP then?
The house of Rothschild should take the 1.5 trillion dollar hit to their family portfolio and restructure all Europian PIIGS debt.
I know how banking house families hate seeing the value of their banking empires diminish as it means a loss of real power and influence, but in this case all banister families will lose if something drastic like this isn't done soon.
Industrial revolution propelled the game to whole new level. A controlled deflation seems like a difficult trick to pull off. A hard crash might actually serve them better depending on how they (and others) have repositioned.
they'll take the assets first then let the debt die with the dreams of the people
Like a snowball rolling downhill towards a furnace.
Let's pretend there is not a problem. Bailouts forever....... until default.
Ashes, Ashes, we all fall down.......
Yes, and let the ashes be those who took more than they created which should be the deciding factor in survival. I can't wait!
Like Maggie Thatcher said,"the problem with socialism is that sooner or later you run out of other people's money."
Without a doubt something will save the day. Don't fight the FED
In the meantime, I'm long short
Even the Fed won't fight the Fed anymore.
They have committed suicide.
Nah, they put one round in the chamber and handed the gun to congress.
(Blaming it on my router. It must be acting up over the Cisco news. Poor router.)
----> F.U.C.K...T.H.E...F.E.D.!.!.! <----
Same old. These socialist pols and capitalist banksters are all PERSONALLY invested in the Universal Ponzi. So one bizarre scheme succeeds another as they attempt to postpone System Collapse from today to tomorrow. Thereby making the inevitable collapse and cascade of defaults that much worse. Hard to predict which leg of the pyramid will go first, but looking now like EU first, then US, then China.
Kudos on your dup catches, btw.
Still, 3 mushroom clouds are better than one.
4, I mean. Wait, no, 5
-2, +1...whatever. Sort of like Europe.
...sort of like the math question needed to get this post thru...
I think it goes EU, China, then US. Only because if either the US or the EU fall, China goes with them.
Let's not forget Japan.
The Chinese situation in Europe is not readily understandable to Americans. Yes, the Chinese are losing some in the European trade, in general. They figure, so what? It is cheap at the price. They can not dump ALL their shit onto the US, they need the large European market to keep the machines pumping, and to maintain low marginal costs of production for their economy. Profit comes from shit eating chumps in the USA who buy Chinese crap no matter what it is or how bad it is as long as it is cheap(NOT the case in Europe).
I agree, a blowout in Europe could lead to a Chinese blow out if it were severe enough. Maybe China is stuck supporting the Euro at all costs! hahahaha.
This is bullish for the EUR - after Chinee intervenes.
You are being robbed, defend yourselves.
Dammit....USA coulda bought all the PIIGS and more if it hadn't pissed away $14 trillion. The United Socialist Republiks....has a nice ring to it.
I think we still can, if only we can find a comprehensive, compromising, compassionate way to raise the debt ceiling...
The Obama Plan to rescue Europe...?? Now there's a plan. Outstanding... First Windbag needs to start thinking outside the box. Hope he reads ZH.
Right. Not the Marshall plan, the Michelle plan because we will get thinner and thinner as it grows with no end in sight.
shut up, redneck
my edgar cayce moment.on the sides of jet fighters will be kill markings that look like corp jets on the way to paraguy
wouldn't that be something?
it boggles...if boggles is the word i want. yes, it's decidedly boggling.
i just had to laugh.
the dick cheney boo ...blues
what "we" need, (we in quotes for the fuckery of it) is
a new tranche of derivative to absolve or resolve metaphysical
future losses that may be elevated to gains in the ethereal realm
of shadow life. it is just that simple. we need a saint or
somewhat like this, and a proper prayer to said, yet to be announced,
personage who would be saint-ed. i would go with r. murdoch, he seems
to be connected at the uppermost levels regarding the intersection
of royal and techno-sacred cultism worship. many middle men would
bleed for him, why not? bleeding is fun once you get the hang of it....
A Change Is Gonna Come- Aaron Neville
on this one i even have to apologize to myself. all around,
apologies,. mostly to my brothers .....
When rome fell.
Fuck that... Nero 'torched' Rome ON PURPOSE so he'd have a site to build a bnigger palace for himself...
As for that fire, well, here legend may have been a little harsh. It is true, acknowledges the exhibition, that Nero was down in Anzio when the fire broke out and that it had been blazing for four days (it lasted from July 18th to July 26th in AD 64) before he returned to Rome to do something about it. It is unlikely, though, that he started it, even if he did make the most of the devastation by clearing the way for some ambitious urban planning. Romans, then as now – even bad, bad ones such as Nero – loved nothing better than to build.
[for maximum snark value, please note source / date / cause of said countries' crash, and think on a larger scale: re'branding'/building the EU - properly, this time, without national governments having any real voice at all]
Does anyone get the feeling that the real powers that be are slinking toward the door leaving just a few servants as a covering force?
All we need to know is where the air vents are for their underground bunkers and we can finish this thing and get a beer.
Agreed nmewn, they are gone or going. Rats leaving the ship. Some stay behind to keep the fiddle playing..........or is that just a recording?
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