• Gold Money
    05/26/2016 - 14:27
    Here’s a question that might have you pondering: Is gold a commodity? More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly...

Here We Go Again: CDU/CSU Floor Leader Kauder Says It Has Not Been Decided If There Will Be A Second Greek Bailout Package

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 06/06/2011 - 07:15 | 1342737 GeneMarchbanks
GeneMarchbanks's picture

Another twist. I've really had a gut feeling that this'll end in default, uhm I meant restructuring, no! ... hold on ... reprofiling.

Mon, 06/06/2011 - 08:12 | 1342795 Dolemite
Dolemite's picture

Precious metals to present good buying oppurtunity after a near term correction?

Gold and silver showing signs of weakness, and oil is confirming.


Mon, 06/06/2011 - 09:04 | 1342946 Captain Planet
Captain Planet's picture

try bouncing some black swans into your silver-numbers-dead cat game

Mon, 06/06/2011 - 07:18 | 1342739 cherry picker
cherry picker's picture

That is probably the best thing for the Greek people.

Hell, when people really need a loan they can't get one anyway as their finances are already a shambles.  That is the way it works for Main Street.


It should be like that for countries.  Let them declare bankruptcy and start over.  It has to be easier and more humane than this drama.



Mon, 06/06/2011 - 07:18 | 1342740 Silverhog
Silverhog's picture

Second bailout equals: Massive protests turning into national strikes followed by riots ending in military coup.  Or just default, that's going to be the final answer anyway.  

Mon, 06/06/2011 - 07:29 | 1342749 topcallingtroll
topcallingtroll's picture

I agree.

Why complicate things and ultimately default in the most expensive, complicated and acrimonious way possible?

Mon, 06/06/2011 - 07:27 | 1342741 BlackholeDivestment
BlackholeDivestment's picture


...the image of the beast that has run out of breath, ...cuz it's under freaking water.

Greek Baptism: http://www.youtube.com/watch?v=OIgI_1j4Ip8

Mon, 06/06/2011 - 07:22 | 1342742 splattered
splattered's picture

The voluntary acceptance of 100% can soon be changed, just look what the Irish did to the capital hierachy of their banks. Just pass a law and hey presto - you've screwed the bondholders.

Mon, 06/06/2011 - 07:23 | 1342746 topcallingtroll
topcallingtroll's picture

The EU makes american government look efficient and organized.

Mon, 06/06/2011 - 07:29 | 1342750 jkruffin
jkruffin's picture

They could do 100 bailouts and it will do nothing but make problems worse...for everyone.  I hope the Greeks keep growing in numbers to protest the ignorance of these bailouts and put a stop to them, and maybe the American people will learn something for a change and stop it here as well.

We are headed for a global depression quickly. 1929-1932 tells the story of what happens when QE is used to bail out banks. We are entering that same period, but 2008-2011 is 50 times worse than in 1932 when the markets really crashed and the real depression began.

Mon, 06/06/2011 - 07:30 | 1342753 ziggy59
Mon, 06/06/2011 - 07:43 | 1342762 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Greece, just tell the EU no and default already. Your credit cards have been ran up and your savings accounts diminished. It is impossible to get blood out of a dry turnip.

Mon, 06/06/2011 - 08:16 | 1342797 Herman Strandsc...
Herman Strandschnecke's picture

Confucius says: 'You can't get the knickers off a bare arse'

Mon, 06/06/2011 - 07:43 | 1342763 Out9922
Out9922's picture

Barry is monitoring the situation

Mon, 06/06/2011 - 07:49 | 1342767 irishlink
irishlink's picture

Everyone is getting soo tired and soo worn down by this continuous slow moving train wreck that the whole of Europe will soon strike just to get it over with once and for all. People are in paralyisis and are afraid to spend or invest which is just compounding the problem. Everything is moving towards an unhappy outcome which our political leaders are unable to address.

Mon, 06/06/2011 - 08:13 | 1342785 BlackholeDivestment
BlackholeDivestment's picture

...shotgun weddings are like that for Bride, long after the offer of temptation has lost it's luster. http://www.youtube.com/user/HepKat59#p/u/18/qnppFca9QLk

Mon, 06/06/2011 - 08:03 | 1342777 adonisdemilo
adonisdemilo's picture

The would-be slave masters keep coming up with new plans to take control of Greece, but they are being denied any progress due to the fact that the people who will have to pay have gotten wise to their schemes.

It would be better, entertaining as it is, for Greece to call it a day and put the banksters out of their misery and default.

The banks were happy to lend money in the first place and were even happier to fix up countless derivatives against the various debts hoping the bets would pay off big time, whatever happened to Greece.

Like all bets, some you win and some you lose.

Default Greece and you will ensure the banksters lose this one. 

Mon, 06/06/2011 - 08:40 | 1342860 QuantumCat
QuantumCat's picture

Appears we have a junk troll.

Mon, 06/06/2011 - 08:38 | 1342861 QuantumCat
QuantumCat's picture


Mon, 06/06/2011 - 09:07 | 1342942 desgust
desgust's picture

Don't wory, the Bundestag will approuve the bailout!

Those dirty scumbags have sold out long ago!

Fuck ALL politicians everywhere!!!

Mon, 06/06/2011 - 09:15 | 1342966 Captain Planet
Captain Planet's picture

and greece (then spain, then ireland, itlay, portugal, and so on) will waste that money too, paying interest on debt never to be repaid, only to be defaulted on once the big black swan hits a eurowall a la WB7, or gets slowly spitroasted over the eurofire.

might be a better death than an ameri-can debt prison though.

death by corexit improved bubba gump gulf shrimp cant be pretty

Do NOT follow this link or you will be banned from the site!