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It´s good when one´s country flag is not in there, right? ;P
That means your country was already broke BEFORE the crisis when it doesn't appear in the lists.
Just give us your address and we'll send you a food package.
TV cardboard box #5
We are the world, so no....
....so let's start givi-i-i-i-i-i-iin'......
Where is this country referred to as 'other', I wanna short it!!
Yes, but why not just short france, the exposure to greece is about the same as "other", plus you have sveral million others just like Fabrice le Fab and Jerome Kerviel constantly intellectually masturbating their own banks to abyss, wouldn't that be almost as good as any short invented by squidies non?
US exposure = 16.4B Euros.
Well that is $22B that isn't coming back to some WS bank...errr....I mean investor that bought something from a WS bank.
We have moved from the end of the beginning. We are now at the beginning of the end.
This is what happens when you decide to bail out banks and not countries.
If France wants to keep their return from sovereign paper then perhaps it needs to take a trip to Frankfurt, not Berlin.
You can't drink wine without some good olives!
You thought those where for free?
Making private loss public again. Freaking politicians in the pocket of financial instutitions. F$#@k this world! I wish I didn't send my $3K check to IRS. I don't want to irresponsible Greece bailed out by my tax money.
Well, hell, who does everybody think actually GOT all that money?
The gov isn't a real entity; it's people. Behind every dollar of spending - or Euro or drachma - was a kleptocrat and a bribe.
Think about all the gratitude and love you'll get back from them for giving them your money.
I bet you'll get a postcard "Greece by night" real soon ;-)
Hahaha! Get to learn something new every day!
France and now Italy are catching on that they are getting greeced!
Look at it this way: I've been meaning to get back to the city of lights for quiet a while.
It was kinda weird watching our last election night from the wee hours morning Paris.
I wanna be a big spender next time I go there and I'm looking forward towards the euro selling for a quarter before they cancel it.
It'll make up for all the $hity deals we've had to live with in the USA( which includes bailing out their french heavy banksters)
Fabulous Fab, Fabby: don't hate the culture, hate the leverage.
The purchasing power of the dollar will be diluted such that there won't be that much of a difference. If you really want to be a big spender, you should probably save in gold and silver...
Ah, yes, terror is terrible indeed...but the dirty little secret is, all the French banks could die this morning and it would make no difference, as France really IS a socialist state. All that would happen is a bunch of rich weenies would have their mistresses desert them, as they despondently poke at their souffles.
Let them eat grotesquely overfashioned cupcakes. Don't cry for French "financial wizards". There aren't any. Nobody knows how the hell the French economy works in the first place.
But then where would we go for good bread?
Find a good local bakery. They do exist out there.
Not to long ago the French system produced real live engineers , since then the mass production of financial engineers has become vogue.
Perhaps this crisis will make the discredited professions fashionable again.
The French engineering population has 100% employment in Hell, as you might recall from the old saying (along with the English cooks and the German police).
Concorde ,PWR reactors ,TGV ,Eiffel Tower ,Ariane 5,Millau Bridge,Airbus,Statue of Liberty,Citroen DS
French design has always been characterised by a economy of energy with exquisite design although their execution is not always up to German Standards - the Germans are sometimes lacking in original design ideas (WWII excepted)
Let's not forget canned food and the metric system...perhaps not engineering per se...and the Exocet anti-ship missile was quite a nasty little item...the Spot satellites....there are many examples....maybe it's the mechanics who are in Hades rather than the engineers
Let's be fair: Germans have a great artistic history with their building. Most of that was fire-bombed out of them. Their comparatively bland rebuilding since WWII reflects their post 2 war state of mind, probably.
umm no, it reflects the modernist/brutalist style of the post war era. also reflected large scale building in a hurry with limitations on expenditure due to the marshall plan being the source of funding. you will find the same situation in London. luckily they are tearing down a lot of that crap.
Point taken Ronnie , my ignorance of German affairs is showing but I am vaguely aware of the flowering of late 19th and early 20th century German Culture.
Nobody knows how the hell the French economy works in the first place.
Nobody knows how the hell the French economy works in the first place.
I think it must have been designed by their military planners...
Without horse or fancy wagon He crossed Europe up and down Poverty was his companion As he walked from town to town
To bring back the straying liars And the lost sheep to the fold He brought forth the Preaching Friars Heaven's soldier's, brave and bold
One day, in the budding Order There was nothing left to eat Suddenly two angels walked in With a loaf of bread and meat
Dominique once, in his slumber Saw the Virgin's coat unfurled Over Frairs without number Preaching all around the world
Grant us now, oh Dominique The grace of love and simple mirth That we all may help to quicken Godly life and truth on earth
Dominique, nique, nique s'en allait tout simplement Routier pauvre et chantant En tous chemins, en tous lieux, il ne parle que du bon Dieu
Swiss banks dispute the 64 bln figure. They, i.e. Credit Suisse, UBS and a few others are saying, this was mostly held by EFG Group, which since has moved its HQ from Switzerland to Luxembourg.
The EFG Group has indeed moved, however, the EFG Bank and its parent EFG International are still domiciled in Switzerland.
This makes me more certain that there will be no bailout. The little brother who has been kicking the back of your seat for the whole trip and getting you in trouble with your mother now wants your help. Yeah, that's gonna work.
Who is Andere?
Tony 'Andy Boy' Andere. Loan shark out of the Bronx ... and he's PISSED.
If you open the papers one day and learn that everyone in Greece 'fell down the stairs' and broke their legs at the same time, you'll know why.
"Other", I believe.
Mmmm.........multi colored pie!!
Tarte de merde.....okay not so mmmm.
Better dig in cause the longer you wait the worse it's going to taste.
Appropriate to the situation, naming it a crêpe, pronounced 'crap', seems in order. http://en.wikipedia.org/wiki/Cr%C3%AApe
Before responding to "Harry Wanger", please be aware of just whom and what you are dealing with in this person:
His real name is James Kostorhyz, and he is here posing as a troll in dishonesty and in disregard for the fundamental purposes of this forum. He is NOT posting here in good faith, but is purposely antagonizing those with independent, anti-establishment views and opinions for his own selfish and cynical purposes, as part of a study on "the psychology of permabears".
He believes that anyone who opposes the current widespread fraud, corruption and rampant lies within our societies and governments are "utopian" and unrealistic, pollyannish dreamers.
And for those ZeroHedgers who are advocates of sound money backed by gold, this bankster shill is already out there with one of the most disingenuous, dishonest pieces of pro-establishment propaganda on the topic, expounding on how such financial integrity is "impossible", and merely "the rants of an ideological fringe":
Please do NOT respond to this reprehensible troll, here or anywhere else on ZeroHedge. He is NOT here in good faith, and should be shunned!
Fed decision should run us back over 1200. SPX looks pretty strong this morning relative to Dow and Naz. Is all it takes is "low rates for an extended period" language in the statement to rocket SPX higher.
Not today. The bull spell has been broken, everything isn't automatically interpreted as 'bullish for stocks' right now. Give the selloff a couple of days to run itself out.
Harry, quit living in a vaccum.
speaking of vaccums, harry's mother probably should have taken advantage of one awhile back....
harry every time you speak i get more convinced you are 9 years old sitting at your dads desk in spider man pajamas
so, your theory is, with all these sovereign issues coming to a head, earnings season largely gone and thats the best it will be for YEARS - stimuli, easy comps, last of the low input costs all in the rearview mirror now -- that the fed repeating exactly what everyone has known they are gonna say for weeks is a reason to buy stocks?
if youre not 9 years old, please at least assure everyone you have no responsibility for anyone else's money
While I'm always interested in contrarian opinions, you, sir, are risking financial ruin if you are putting your money where your mouth is.
I'm waiting for Harry to confirm that he loaded up with 100 S&P futures (stops are for wimps) before going public with his deep analysis...
Now that I've ordered all this rich, expensive food and three bottles of wine, I demand we split the bill..
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