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

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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.

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.

Captain Planet's picture

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

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.



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.  

topcallingtroll's picture

I agree.

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

BlackholeDivestment's picture

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

Greek Baptism:

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.

topcallingtroll's picture

The EU makes american government look efficient and organized.

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.

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.

Herman Strandschnecke's picture

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

Out9922's picture

Barry is monitoring the situation

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.

BlackholeDivestment's picture

...shotgun weddings are like that for Bride, long after the offer of temptation has lost it's luster.

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. 

QuantumCat's picture

Appears we have a junk troll.

desgust's picture

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

Those dirty scumbags have sold out long ago!

Fuck ALL politicians everywhere!!!

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