Frankfurter Allgemeine Zeitung Reports EU, IMF Prepare To Bail Out Spain; Europe Denies

Tyler Durden's picture

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HelluvaEngineer's picture

Disclosure: long FAZ

lizzy36's picture

hope your are long KY for this mornings action.

Xibalba's picture

so this is what the Bilderbergs were up to?

Hdawg's picture

They need to give the market impression that the $1trillion bailout of Europe will be the last until it is fully written into law.

Once they have everyone on the hook they'll bring out the Spanish wreckage.


LeBalance's picture

Arrrr...thar be the famed wreckage of the Spanish Galleon...

The mighty Squidee took 'er down to Davey Jones many a year ago.

We shall feast greatly on her carcass as we show her limp form to all and ask that they bring her to the surface.  They always fall for the "rescue" con as the moneys will never be for Spain, but only for our fees.  Spain will just be raised in illusion financial space, but the real Spain will just be left in the murky depths, so that we can double and triple dip on the "rescue" con sale.

Arrrr, being the pirate is sooo wonderful as it we have refined it to be reward without risk.  Arrrr, me hopes they don't find out that we have tentacles under our captain's jacket.

ratava's picture

who cares, risk on

Cognitive Dissonance's picture

Everyone has decided to follow the advice of the young bald boy with the spoon in The Matrix.

"Of course, it's impossible to overcome the mountains of bad private and governmental debt. Instead, consider that there is no debt."

George the baby crusher's picture

As the Euro slowly rides off into the sunset.

LeBalance's picture

Waaa Waaa Waaa!

But first the WAR!

"Never have I seen so many men used so badly." - Blondie, The "Good"

plocequ1's picture

What ever works.. Dow 36,000  Google 19,000  Apple 16,000

yabs's picture

nothing like the smell of a sovereign debt crisis

in the morning to pump those stock markets higher

LeBalance's picture

"you know one day this war is going to end."

A condition that will NEVER again be allowed to happen.

"War on foreign soil is used to deprive freedoms from the folks on home front." - Unknown

papaswamp's picture

Dow to 10,500 based on growth 'hopes'....and expects Asia to continue to lead the world out of recession.

"St. Louis Fed President James Bullard, speaking in Tokyo, said Monday that he expects an Asian-led world economic recovery to continue, and also said he didn't see evidence of a Chinese bubble."

plocequ1's picture

That all depends on which pump software the Fed is running. I think they are running the Pumpomatic brand 36,000 edition.  Dow 36,000. Guaranted to pump the market regardless of .. Pesky shorts, Volcanoes, Hurricanes, Pesky Euro issues, Wars and Tylers commentaries or your money back

Hdawg's picture

It's paifully obvious that there is absolutely no way out of this fiat clusterfuck.

Anyone who can't recognise that this will crescendo into the collapse after the November elections need their heads examining.

Sean7k's picture

Unfortunately, people will bear almost anything rather than deal with change. As long as all fiat systems are failing, people will "hope" for a coming stability. Especially if their leaders tell them it's coming.

I always thought the bell curve couldn't always be right, but it is the best predictor of behavior I have ever seen. The knowledgeable are the 3%. 

jbc77's picture

Ya know, I'm starting to believe the masters of manipulation will be able to pull this off. Until they don't I suppose.

Worst print on retail in 8 months post jobs number meltdown and we gun the markets. This whole thing is just one big mess.....but they keep gunning.

I don't think the masters can let the markets unravel. They fear people in the streets and a rising market really helps quell some of that.


yabs's picture


I have the same frutsration but I am sure one day it will fail

I'm surprised its lasted so long but I thi nk the day is close now, its hanging by a piece of string

whopper's picture



Yup,,and they should be fearfull. amazing they can keep this POS together. 

Racer's picture

I have given up trading this broken market but this misleading of the sheeple is nothing new...

Ramesses II misled his sheeple when he said that he overcame the Hittites and that he valiantly fought against them virtually single handed.

Instead of the reality that it was a massive bloodbath and a draw!

thisandthat's picture

So, this is a new report, or the one from last week or so?

guccichanel's picture

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