The Run On Greece Is Here: Investors Pull Out €10 Billion From The Troubled Country; Crisis Escalation Approaches

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Sun, 02/07/2010 - 15:33 | 221300 moneymutt
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most interesting weekend since mid-Sept 2008?

Sun, 02/07/2010 - 17:50 | 221470 Anonymous
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a laughably simplistic analysis of the current situation. I dare you to stay short, you bunch of doomsaying morons. LOL the next 15 days will be a riot watching the shorts run for cover.

Sun, 02/07/2010 - 20:30 | 221592 geminiRX
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Ben, is that you?

Sun, 02/07/2010 - 21:51 | 221652 Rusty Shorts
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It is a REDACTED that REDACTED your REDACTED. Further, this insidious REDACTED will REDACTED into your REDACTED in such a way that it will quickly REDACTED your REDACTED.

I hope that clears things up.

Sun, 02/07/2010 - 17:50 | 221471 Anonymous
Anonymous's picture

a laughably simplistic analysis of the current situation. I dare you to stay short, you bunch of doomsaying morons. LOL the next 15 days will be a riot watching the shorts run for cover.

Sun, 02/07/2010 - 18:53 | 221519 Monday1929
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The bursting of the largest credit bubble in history actually is pretty simple. It is just the type of fundamental event that most investors believe move markets. In this case, they are right, except now they are all contrarians.

Enjoy the Crash. Next week, next month, even next year.

Sun, 02/07/2010 - 19:00 | 221529 moneymutt
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I'm a simple dog, I admit it, and have no financial/trading background, so I'm totally ignorant of the ways of the financial world...and I buy that Greece may not be the trigger.

...but I did get all money out of the market (not much, but all I got, in Sept 2007 (a tich early), made money shorting, and put 401k back in equities in late March 09, got out in Nov, but lost a little money shorting banks..so my general, simplistic instincts have done me okay...

are you saying there will be a bounce or that everything will rally from here on out for the next year and on? that, in my simple mind, is not likely...

Sun, 02/07/2010 - 19:57 | 221565 Anonymous
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Wow--you're some timer. Where do we go from here, hotshot

Sun, 02/07/2010 - 23:53 | 221753 moneymutt
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no just work in construction, saw housing bubble coming, waited what I thought too long to get out, then figured I didn't have tons to lose in march when things got low, didn't get out as early in fall as I thought I should... you should ask me not when I think I should do something but when I actually do something...besides, don't you have to have more than thousands on the line to be a hotshot?

Sun, 02/07/2010 - 20:47 | 221603 geminiRX
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I think you made a smart decision. Not losing money is always smart. Current market conditions are so precariously catastrophic - one event could make the whole damn thing go. Timmy and Ben can't keep plugging holes in the dam forever.  Only when this market corrects, will I have the balls to go back in. There's no way I will buy into companies with the P/E multiples that they currently carry. Don't feel bad, I lost some money trying to short banks too:) It is good that your reading zerohedge, your financial background is already leaps ahead of many sheeple.

Sun, 02/07/2010 - 20:47 | 221604 geminiRX
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duplicate

Mon, 02/08/2010 - 06:31 | 221964 jeff montanye
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short what, the euro?  please, all, be specific.

Sun, 02/07/2010 - 15:35 | 221301 Hammer59
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Bank run???

Have'nt seen one since '29

Oopps.....

Sun, 02/07/2010 - 19:01 | 221530 mouser98
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it seems that bank runs work backwards now

Sun, 02/07/2010 - 15:37 | 221305 RoastingBankers
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take the market down!

Sun, 02/07/2010 - 15:38 | 221306 Gromit
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One drawback of EU membership is that traditional defense mechanisms, such as Exchange Controls restricting outflows of capital are no longer available. The US does not have this problem.  

Sun, 02/07/2010 - 15:50 | 221320 Anonymous
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US restricting outflows would cause a bigger problem...

Sun, 02/07/2010 - 17:32 | 221453 knukles
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Are there any other drawbacks?

Sun, 02/07/2010 - 18:40 | 221509 cougar_w
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Cannot print their way out of the hole they are in.

That one is lethal.

Sun, 02/07/2010 - 18:54 | 221521 Monday1929
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But California does.

Sun, 02/07/2010 - 19:27 | 221546 Anonymous
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Print more IOU's, California style!

Sun, 02/07/2010 - 15:38 | 221308 vainamoinen
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Germany will save them, right? - - - Right? - - - I mean they've got to - right? Otherwise things will be a mess, right?

They said on Bloomberg everything was OK, right?

Everything is going to be OK, isn't it?

Isn't it?

Isn't it? - - - - - - - - - - - - - - - - - - - ???

Sun, 02/07/2010 - 15:47 | 221315 Anonymous
Anonymous's picture

Save them with what? Nations are like a bunch of stooges running around with credit cards pledging portions of their limit to "rescue" companies and countries. Eventually, the credit card maxes out. It's going to get ugly. Brass, lead and food are going to be valuable commodities in the New World Disorder.

Sun, 02/07/2010 - 16:02 | 221341 moneymutt
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lead???

Sun, 02/07/2010 - 16:17 | 221356 Anonymous
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Of course, how can a country survive with unbalanced car wheels...

Sun, 02/07/2010 - 17:34 | 221454 knukles
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Use unbalanced politicians instead?

Sun, 02/07/2010 - 16:19 | 221359 Anonymous
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Traditionally lead was the bullet component of the cartridge. However, after the enviro freaks got a hold of it, bullets are now composed of other metals. However, "lead" is used to connotate the "preparation for the confrontation".

Sun, 02/07/2010 - 17:26 | 221438 Mad Max
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Quite inaccurate.  The overwhelming majority (99.9%?) of bullets made and used in the West still use lead cores.  There are a tiny handful of bullets available that are non-lead, either for target use at indoor ranges or for hunting in California, but they are a miniscule part of either civilian or military markets.  So yes, lead still rules.

In the former com-bloc steel cored bullets are somewhat more common, purely for cost reasons (neither environmental nor, as sometimes mistakenly claimed, armor piercing reasons).  These are quite uncommon in the US.

Sun, 02/07/2010 - 16:32 | 221374 Translational Lift
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Brass & lead as in FMJ.....  ;>)

Sun, 02/07/2010 - 16:47 | 221398 Anonymous
Anonymous's picture

I'd recommend hollow points. Greater stopping effectiveness.

Sun, 02/07/2010 - 17:00 | 221409 Anonymous
Anonymous's picture

I'd recommend hollow points. Better stopping power....

Sun, 02/07/2010 - 17:26 | 221440 Anonymous
Anonymous's picture

I find that .308 hollow points are a tad overkill for turkey.

How about you?

-MB

Sun, 02/07/2010 - 18:33 | 221465 Lou629
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#1398 & 1409:

Also inaccurate, in that they frequently fragment on impact, doing less damage to the target.  The hollow point has also been known to get filled with material as they pass thru clothing, rendering the expansion idea worthless. 

Check www.neardeathexperiments.com on this and more. 

Sun, 02/07/2010 - 19:20 | 221541 Mad Max
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I mostly use .600 and .700 flat nose solids.

Sun, 02/07/2010 - 21:10 | 221622 Lou629
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MM,

.600/.700? 

 

Sun, 02/07/2010 - 21:31 | 221632 Mad Max
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I figured it was as credible and intelligent as 99% of the other gun "info" posted here.

WHAT?  You don't use a .700 Tyrannosaur for squirrels and coyotes?  =)

Sun, 02/07/2010 - 23:07 | 221715 Lou629
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oic, so then i presume you're with the brady bunch then?  Since you feel so strongly about it, you might want to put a sign on your lawn that says: "i don't think guns are credible or intelligent and you won't find any in THIS house"

....be sure to let the rest of us know how well that works out for you when the shit really hits the fan with the economy. 

Sun, 02/07/2010 - 23:21 | 221723 Mad Max
Mad Max's picture

I've probably been a member of the NRA longer than you have.  You completely misinterpret my point, which is that so much of the gun comments here are worthy of teenagers and bad (bad...) gun shops, I thought I would add my own bad advice.

Mon, 02/08/2010 - 00:55 | 221810 Lou629
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Gotcha'.  Sorry for confusion.  Not always easy to know the intent when dealing with the written word and not spoken.  Glad to know there are other pro-2A members on this site. 

Mon, 02/08/2010 - 01:16 | 221827 Hephasteus
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Why do I use 600 nitro express? Because well they don't make a 700 nitro express.

Mon, 02/08/2010 - 15:02 | 222350 Hephasteus
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LOL. That's actually an old joke. Some elephant hunter got asked why he used the 600 h&h express and he said because they don't make a 700 h&h express. I guess they finally listened to him 30 years later. LOL

Sun, 02/07/2010 - 17:27 | 221441 Anonymous
Anonymous's picture

Brass + Lead = BULLETS

Sun, 02/07/2010 - 17:29 | 221448 CombustibleAssets
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As in the "New Currency"

Sun, 02/07/2010 - 19:33 | 221550 Anonymous
Anonymous's picture

...wrapped in copper, backed by gunpowder.

Mon, 02/08/2010 - 06:34 | 221965 jeff montanye
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especially without gunpowder.  i'm also ... brass?

Sun, 02/07/2010 - 18:55 | 221523 Gold...Bitches
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gunpowder.  with that you can get the rest.

Sun, 02/07/2010 - 16:46 | 221395 Brak82
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our fiscal situation is too much damaged to help STUPIDs and PIIGS... Everone just grab your towel and DON'T PANIC!

Sun, 02/07/2010 - 17:23 | 221435 Missing_Link
Missing_Link's picture

Run away!  The GIIPSIEs are coming!

Sun, 02/07/2010 - 17:27 | 221443 Mad Max
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Beware the Vogon constructor fleets!  (Beware moreso of their poetry.)

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