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You only need to know 2 things:
(1) Just BTFD.
(2) If there is no FD, then it was all priced in.
(3) BTFS Today's spike is tomorrows dip
I'm waiting for the run.
is it snowing over there or something?
+1 blarney stone kiss
Absolutely, fucking brilliant.
As the memorable Stan Lee would say, " 'nuff said."
Is that a run on the banks.
AT least the Irish have the balls to tell the bond holders, Fuck You. Something Americans lacks, Balls and Knowledge.
Americans only understand what the news media tells them. Bullshit Noise. I live in a stupid society.
This pretty much guarantees PM's move upward. Did anybody notice how much money Bloomberg reported that we gave to China and Foreign banks. Go Bloomberg. They also pointed out that Lloyd Blankfein lied under oath about the window borrowings. Blankfein said they were there once. Not True. Perjury??? Yup !!!
The Dutch scored a small victory with ING Bank, centering a campaign around Twitter, threatening to withdraw their money unless they axed the banker bonuses... it worked. Not bad... where's the fortitude of the American people?
Fortitude and American no longer belong in the same sentence.
It's the only way anything will get done. The lawmakers in the US have proven to be all equally worthless. The only thing they fear is a run on the banks. Of course, in the new totalitarian America, the organizers of such an act would be branded domestic terrorists and the goon squad would come and burn them alive in their own homes. Never mind the fact the bankers used the exact same tactic (threatening to remove billions, trillions) if the government didn't release bailout money. You can commit such acts when you're a suicide banker.
Apparently congress has decided that the word "perjury" may not be used to describe The Bernank, Blankfein, or any other bankster. Instead, please use the newspeak words "partial information," as in "Partial Information = Truth." Remember; if Mr. O'Brien says that 2 + 2 = 5, then it equals 5 damnit! Now Mr. Winston Smith, don't step out of line again or else you may be called before congress to testify about your blashphemous, terrorist behaviour. Say hello to Meredith Whitney for me while you're there...
Ignorance is Strength
Hopefully the Irish are wearing diapers today.
They are prepared for the runs ;)
...in your trousers?
well, let me buy a bushel of euros on this "good" news.
Not to worry. TEPCO says groundwater in Fukushima has 10,000 times legal limit of radiation. Ireland can sell whiskey to Japan.
(and if TEPCO says it's 10,000x it's probably 1 million x)
Radioactivity 10,000 times the limit found from groundwater: TEPCO
When NHK goes quiet on reporting it (as they have today), and the video of the site stops, you can bet some really bad shit is developing there.
I guess we'll see what the DAX does this afternoon.
US markets don't look too happy.
Wow...AAPL in another bloodbath today. Down almost $1, and probably only solvent for another 6 months. People continue to dump these shitty tech stocks realizing they are living on borrowed time.
Meanwhile, silver and gold doing nicely as people continue to realize what true wealth is...
You can go to yahoo finance and pull your own dumb little chart in Apple, like Robot does to get an idea of what blood on the streets looks like in graph form.
AAPL down less than 0.5% is a bloodbath?
According to Robo, "Silver getting slaughtered" when it was down .2% yesterday in interday trading. Slaughter and bloodbath are just common nomenclature at this point.
Buy the Fucking Dip, as I am going to dip my balls in it - http://www.youtube.com/watch?v=gR1hI_Ikuv8
Well said Doctor.
24 Billion EU is a drop in the bucket. JCT....open the spigot....
Approximately 15% of Irish GDP.
Billions, trillions of 'money' being thrown around these days. Those numbers have definitely lost their meaning.
Irish Central Bank says banks have to deleverage EUR72.6bln by 2013
Wouldn't want to own Irish real estate in any form with that statement.
What it gives you an idea of is just how rich a bunch of Irish property developers got on the back of this lunacy....
True but I suspect most of those developers reinvested all their earnings for even more homes and projects.
Not to me they haven't, not since I found out that even spending £1 miilion pounds a day every day since the birth of Christ (i.e. 2011 years!), I would still not have spent £1 trillion pounds.
Insanity. The Irish people are absolutely out of their minds if they consent to this (aka, not "Go Iceland").
Let the banks go under. Of course that may start the "contation" the bankers fear so much.
Good I say. It's coming at some point anyway.
do you remember when jerry the king lawler slapped andy kaufman on the david letterman show? ha ha ha ......
Maybe they can borrower the bearded eggplant's printing press?
PigMen will be profiting from this event, as they are always pre-positioned properly by taking advantage of inside information provided courtesy of Brian Sack.
Heh, any wonder why Sotheby's is skying today?
More fancy artwork to be purchased, in order to impress the Ukranian escorts who will be arriving to The Hamptons in a few weeks....
Who would have figured that the biggest country bank debt bust in history would have created a bull market in fine art?
I flagged you as junk because only a loser would try to impress an escort.
HelluvaEngineer for the win! That is the best comment of the day by far. Dust off the "Fuck your couch, Bernanke!" t shirts, you win comment of the day!
Yes you are correct.
Ukranian escorts have a visceral penchant for Gustav Klimt and the likes.
They can identify an artist based on just several brush strokes and all the financial services employees are just willy dilly to impress them. That must be the reason for the strong bid under BID.
Your analyses is second to none.
Tyler can we please have an ignore button?
mouse scroll wheel works well enough
Not well enough to block momo charts. Feels like yahoo forums *cringe*
They should just access the NATO reserve (aka frbny) discount window.
Don't worry, expectations were for 25 Billion Euros
EUR/USD unch. Incredible...
Race to the bottom. Dollars just as shite as euros.
No, Dollars are worse.
This is a logical fallacy. Both are not viable means of exchange, if the fact that they are not actual stores of wealth is taken into account, which it should be.
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