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Leader Of Largest Italian Labor Union To Propose General Strike In June

Tyler Durden's picture




 

Just Reuters headlines for now, but rather self-explanatory. Time for the IMF to raise PIIGS GDP forecasts again: after all the less people work, the greater the GDP, according to recent GAAP-endorsed changes to the GDP definition.

 

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Wed, 05/26/2010 - 12:12 | 374321 Turd Ferguson
Turd Ferguson's picture

"The Coming Insurrection"

Its going to be a long, hot summer.

Wed, 05/26/2010 - 12:13 | 374323 Kataphraktos
Kataphraktos's picture

Will there be cannolis?

What? No fucking ziti?

Wed, 05/26/2010 - 12:14 | 374326 Apostate
Apostate's picture

Well, when they're finished beating the shit out of each other, it'll probably be a cheap vacation. 

Wed, 05/26/2010 - 12:19 | 374348 Ragnarok
Ragnarok's picture

I always wanted to see Florence and Sienna.

Wed, 05/26/2010 - 12:21 | 374356 Apostate
Apostate's picture

Yeah. I need a new pair of shoes and a fine briefcase. Best to wait until after the calamity. 

Wed, 05/26/2010 - 12:25 | 374368 Whizbang
Whizbang's picture

I was thinking real estate. That corinthean leather turned out to be a scam.

Wed, 05/26/2010 - 13:08 | 374503 carbonmutant
carbonmutant's picture

I want to see Whole Foods drop the price of Parmigiano Reggiano.

Wed, 05/26/2010 - 12:18 | 374344 betterlockaway
betterlockaway's picture

Va bene amico!!!  Favaloso!!! 

Wed, 05/26/2010 - 12:18 | 374345 doomandbloom
doomandbloom's picture

definitely green shoots....this is a jobless, workless recovery... 

Wed, 05/26/2010 - 12:26 | 374370 piceridu
piceridu's picture

Tutto a posto! Crema di Bernanke

Wed, 05/26/2010 - 12:29 | 374377 ALPO
ALPO's picture

> the less people work, the greater the GDP, according to recent GAAP-endorsed changes to the GDP definition

What is TD referring to?

 

Wed, 05/26/2010 - 12:32 | 374390 Apostate
Apostate's picture

Referring to the fact that the political-banking complex believes that double-entry book keeping was invented by Satan. 

Wed, 05/26/2010 - 12:30 | 374382 Zina
Zina's picture

No problem... France has about 3 general strikes per year and it no even make scratches in the french economy...

Wed, 05/26/2010 - 12:35 | 374397 Salinger
Salinger's picture

hedge funds and disney

which funds play in DIS stock?

 

apparently insider info was being offered for sale to hedgies

Wed, 05/26/2010 - 12:48 | 374442 BearOfNH
BearOfNH's picture

Do they mean a day in June, or the whole month?

 

Wed, 05/26/2010 - 12:50 | 374450 Catullus
Catullus's picture

Fuck. Really. I get there on June 1 for honeymoon.

Wed, 05/26/2010 - 13:02 | 374481 goldfreak
goldfreak's picture

well, you can still get laid though

 

shopero!  tutti cuanti!!

Wed, 05/26/2010 - 13:26 | 374577 BlackBeard
BlackBeard's picture

The upside is: your honeymoon will be very exciting!

Wed, 05/26/2010 - 13:14 | 374520 carbonmutant
carbonmutant's picture

 Apparently these strikes are a prerequisite to a bailout.

At least that's how the Greeks did it.

Wed, 05/26/2010 - 13:22 | 374551 Rick Blaine
Rick Blaine's picture

Hell, I'd go on strike too...

It's got to be frustrating to look across the pond and see the big, fat Americans living well beyond their means by doing nothing more than continuously printing money in one manner or another.

I can only hope that this soon turns into protests on the streets of Rome, with thousands of Italians chanting in unison "Print more money, print more money...!!!"

I mean, if they dumped the Euro, and just starting printing a seemingly infinite supply of their own currency, then every citizen of Italy could clearly have a Ferrari...right???

Wed, 05/26/2010 - 13:27 | 374578 Mitchman
Mitchman's picture

GAAP doesn't apply in Italy. It's IFRS.  :-) 

Wed, 05/26/2010 - 13:34 | 374596 Duke of Doubt
Duke of Doubt's picture

So when did Italy claim June for the riot of the month club?  Wasn't Spain suppost to get June?  Or was it July?  I am soooo confused.  Is Portugal August?

Thu, 05/27/2010 - 06:09 | 376392 Hephasteus
Hephasteus's picture

EVERYBODY is rioting in June.

Wed, 05/26/2010 - 15:18 | 374975 carbonmutant
carbonmutant's picture

Well they need to get this strike in before everyone heads out to Ibiza for the next couple of months...

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