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False Alarm: No Deal Yet - This Is After All The Circus Known As Europe - Live Webcast

Tyler Durden's picture





 

Sure enough, it seems, the much aggrandized statement was merely more undecided 'leaked' actionless garbage from the EU's leaders:

  • *EU OFFICIALS SAY UNCLEAR HOW LONG EUROGROUP GREEK TALKS TO LAST
  • *EUROGROUP DISCUSSIONS OF GREEK AID STILL ONGOING, OFFICIALS SAY

EURUSD slumped immediately on this new news. The Eurogroup has set up the live webcast access point - below - though start times are 'estimated'.

 

 

Live Eurogroup Webcast

 

 


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Mon, 11/26/2012 - 18:49 | Link to Comment JeremyWS
JeremyWS's picture

Not getting old....yet

Mon, 11/26/2012 - 18:51 | Link to Comment THX 1178
THX 1178's picture

Headfake, bitchez.

Mon, 11/26/2012 - 18:57 | Link to Comment nope-1004
nope-1004's picture

Two kids can make a "deal" - these releases mean nothing.  Being insolvent sucks so all that's left is a sideshow performance.

 

Mon, 11/26/2012 - 19:16 | Link to Comment Michaelwiseguy
Michaelwiseguy's picture

I find that spiritual entities communicating through their hosts have difficulty articulating their message in logical coherent terminology, making it difficult for others to interpret the information into something useful.

You'd think with all their high technology they'd be able to formulate a coherent sentence.

These are obviously entities and hosts below human potential. Try not to waste your time with them.

Mon, 11/26/2012 - 19:19 | Link to Comment iDealMeat
iDealMeat's picture

wait..  I'm confused.  Just what is there to talk about??

 

oh yeah..   I don't care..  at all...   AT ALL..

 

Mon, 11/26/2012 - 19:20 | Link to Comment camaro68ss
camaro68ss's picture

IMF, What a dick tease

Mon, 11/26/2012 - 19:45 | Link to Comment flacon
flacon's picture

She [Lagarde] has a big one but no balls. 

Mon, 11/26/2012 - 18:53 | Link to Comment Tsar Pointless
Tsar Pointless's picture

You mean we're not there yet? But I'm getting tired of playing the "license plate" game.

And we already went through the alphabet backwards and forewards twice playing the "alphabet" game.

Mon, 11/26/2012 - 19:09 | Link to Comment JPM Hater001
JPM Hater001's picture

In the words of the Great Joe Soucheray- You cant stop Greece, they'll just "make a move."

Mon, 11/26/2012 - 19:19 | Link to Comment ACP
ACP's picture

Nope, the circus music never gets old...

http://www.youtube.com/watch?v=1D5Sa2Yq-2g

Mon, 11/26/2012 - 19:59 | Link to Comment HaroldWang
HaroldWang's picture

They have reached a deal:

ECB president Mario Draghi leaves  as talks on Greek debt sustainability conclude with an agreement. -Dow Jones

Euro ticking higher as I type

Mon, 11/26/2012 - 20:20 | Link to Comment Orly
Orly's picture

They're going to buy the debt back at 35 cents on the Euro...

 

http://www.forexlive.com/blog/2012/11/27/35-cents/

Mon, 11/26/2012 - 18:50 | Link to Comment spastic_colon
spastic_colon's picture

ben said NEIN!  the USD cannot handle it yet! 

Mon, 11/26/2012 - 18:51 | Link to Comment Tsar Pointless
Tsar Pointless's picture

Isn't it pitiful that we humans have dominion over all the other creatures of this planet?

I think cats would do a much better job.

Mon, 11/26/2012 - 19:10 | Link to Comment Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

I know I am going to get a bunch of down votes here but I hate cats...just sayin.  However, I think it's possible that dogs could do a better job.

Mon, 11/26/2012 - 19:18 | Link to Comment jomama
jomama's picture

this isn't reddit, alfred.

Mon, 11/26/2012 - 18:51 | Link to Comment semperfi
semperfi's picture

the bailouts will continue until morale improves

Mon, 11/26/2012 - 19:24 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

Wait, you mean I just did some computations in that other thread to ridicule their deal . . . and now there's no deal?

Does this mean I computed wrong?

Mon, 11/26/2012 - 18:51 | Link to Comment ZippyBananaPants
ZippyBananaPants's picture

This is better than watching Animal House for the 56th time.  You know all the words and lines, but it is still as funny as ever.

Mon, 11/26/2012 - 18:57 | Link to Comment EscapeKey
EscapeKey's picture

more like "groundhog day", with the intelligence level of "dude, where's my car"

Mon, 11/26/2012 - 19:10 | Link to Comment JPM Hater001
JPM Hater001's picture

Yeah, the swing was somewhere around 39.

Mon, 11/26/2012 - 18:52 | Link to Comment Cassandra Syndrome
Cassandra Syndrome's picture

If these psychopaths ran funeral parlours, nobody would die.

Mon, 11/26/2012 - 19:01 | Link to Comment MsCreant
MsCreant's picture

They'd be dead, just propped up and no one admitting it.

Weekend at Bernanke's.

Mon, 11/26/2012 - 19:39 | Link to Comment NotApplicable
NotApplicable's picture

Around here they just pile up the poor people in the basement.

Mon, 11/26/2012 - 18:53 | Link to Comment RunningMan
RunningMan's picture

People are being conditioned for the main event through a series of continuous non-events. It has been underway in full force since October 2008.

Mon, 11/26/2012 - 18:54 | Link to Comment fonzannoon
fonzannoon's picture

The coke and hookers must not have arrived yet

Mon, 11/26/2012 - 18:56 | Link to Comment darteaus
darteaus's picture

That Strauss-Kahn really knows how to close a deal!

Mon, 11/26/2012 - 20:43 | Link to Comment tsx500
tsx500's picture

and little boys

Mon, 11/26/2012 - 18:54 | Link to Comment Jason T
Jason T's picture

NO DEALLLLl

(I can picture the guy from Mad TV doing the "deal or no deal skit)

Mon, 11/26/2012 - 18:55 | Link to Comment markar
markar's picture

And to think, the taxpayers of Europe only have to pay about 50 bil euros a year for this shit show from these assclowns in Brussels.

Mon, 11/26/2012 - 18:56 | Link to Comment Cursive
Cursive's picture

Holy laughingstock!

Mon, 11/26/2012 - 18:58 | Link to Comment buzzsaw99
buzzsaw99's picture

I can't take the suspense. It's killing me! [/sarc.]

Mon, 11/26/2012 - 18:58 | Link to Comment dracos_ghost
dracos_ghost's picture

You fucked up, you trusted us.

http://www.youtube.com/watch?v=zOXtWxhlsUg

Mon, 11/26/2012 - 19:01 | Link to Comment max2205
max2205's picture

Ralllllph

Mon, 11/26/2012 - 19:00 | Link to Comment SheepDog-One
SheepDog-One's picture

AH! So now the plan is 'rapid-fire baffle em with bullshit'....yea we'll see how well that works.

Mon, 11/26/2012 - 19:04 | Link to Comment youngman
youngman's picture

They must of got hungry again......order more food...call the caterers.....

Mon, 11/26/2012 - 19:07 | Link to Comment Cangoroo
Cangoroo's picture

Late here, they need to do it

Mon, 11/26/2012 - 19:10 | Link to Comment ebworthen
ebworthen's picture

"Officials"

"Discussions"

"Estimated"

"Unclear"

"Ongoing"

"Talks"

Hmmm...sounds like the "fiscal cliff" talk here in the U.S.

Coincidence?

Mon, 11/26/2012 - 20:00 | Link to Comment Miss Expectations
Miss Expectations's picture

"Greatly exaggerated"

Mon, 11/26/2012 - 19:09 | Link to Comment MsCreant
MsCreant's picture

I've never snorted coke out of a Euro before. Any different than a Benny Buck?

Mon, 11/26/2012 - 19:11 | Link to Comment ebworthen
ebworthen's picture

LOL

Me neither, but they are certainly more colorful.

Mon, 11/26/2012 - 19:14 | Link to Comment SheepDog-One
SheepDog-One's picture

I want a blue one! NO wait, the peach colored one! 

Mon, 11/26/2012 - 19:22 | Link to Comment MsCreant
MsCreant's picture

Remember Pixie Stix?

http://tinyurl.com/ck73y8a

Mon, 11/26/2012 - 19:14 | Link to Comment GMadScientist
GMadScientist's picture

That's okay; I've never snorted coke out of an American.

Mon, 11/26/2012 - 19:11 | Link to Comment Pretorian
Pretorian's picture

Debt reduction YES. But NO free cash to prevent default , CASH is what Greece is needed not debt reduction. Those public empolyes have to eat tommorow and politicans to steal some more.

Mon, 11/26/2012 - 19:10 | Link to Comment Uber Vandal
Uber Vandal's picture

No matter what comes out of the EU in reference to Greece, et al, Invader Zim has it all covered.

https://www.youtube.com/watch?v=jmgcjRu1s-8

 

 

Mon, 11/26/2012 - 19:12 | Link to Comment 1fortheroad
1fortheroad's picture

What a shit circus this has become. ALL of it.

Mon, 11/26/2012 - 19:13 | Link to Comment GMadScientist
GMadScientist's picture

Cue Pavlov.

Mon, 11/26/2012 - 19:16 | Link to Comment SpanishGoop
SpanishGoop's picture

Hee, look that EU " be patient"  screen knows what is going to happen.

Union stars dissapear !

 

Mon, 11/26/2012 - 19:18 | Link to Comment Cangoroo
Cangoroo's picture

Vatican

Mon, 11/26/2012 - 19:17 | Link to Comment kill switch
kill switch's picture

This is all I have to say!!!Fuck this bullshit!!!!!!

http://www.youtube.com/watch?v=7JPPTzQUKdk

 

Mon, 11/26/2012 - 19:17 | Link to Comment Rustysilver
Rustysilver's picture

OK. OK. So definitely tomorrow; promise.

Mon, 11/26/2012 - 19:19 | Link to Comment PLove
PLove's picture

150 fired for not taking

virus flu vaccine.

 

Study finds silver kills all viruses.

http://rense.com/general68/kills.htm

Mon, 11/26/2012 - 19:20 | Link to Comment Frank N. Beans
Frank N. Beans's picture

these guys should get Oscars for best performances by EuroMorons

 

Mon, 11/26/2012 - 19:20 | Link to Comment magpie
magpie's picture

Nothing is as sublime as watching tptb fail

Mon, 11/26/2012 - 19:20 | Link to Comment yogibear
yogibear's picture

Expect an announcement soon. The announcement will be preceded the ECB ringmaster, jugglers and clowns. 

The longest economic clown show on earth. 

 

Mon, 11/26/2012 - 19:21 | Link to Comment Van Halen
Van Halen's picture

Was anyone else JUST watching silver and gold and saw the massive drop and sudden recovery in the space of oh, 30 seconds? I click on the same charts now and it's literally been erased... as if nothing happened. Apologies if I missed something in the conversations, but what just happened?

http://www.kitco.com/charts/livesilver.html

Mon, 11/26/2012 - 19:26 | Link to Comment Jacks Cold Sweat
Jacks Cold Sweat's picture

algo crash

Mon, 11/26/2012 - 19:51 | Link to Comment flacon
flacon's picture

I've seen this happen several times before on KITCO's charts. I would disregard it as a bad tick. 

Mon, 11/26/2012 - 19:26 | Link to Comment Van Halen
Van Halen's picture

If it helps at all, I noticed that it did NOT happen in platinum and palladium trading. They were unaffected the whole time by the dip. The dip and sudden recovery was (I think) $60 gold and about $4 in silver. Really weird.

Mon, 11/26/2012 - 19:34 | Link to Comment Quinvarius
Quinvarius's picture

No. Just your wishful thinking...again.

Mon, 11/26/2012 - 19:46 | Link to Comment NotApplicable
NotApplicable's picture

FWIW, I've noticed that spikes get smoothed out as new data comes in and the old data is averaged over X amount of time (as opposed to a bar chart which shows the whole range of  movement within a given time frame)

Mon, 11/26/2012 - 19:25 | Link to Comment gould's fisker
gould's fisker's picture

What were they supposed to decide again? Oh right, the same old it doesn't matter BS cause they'll be at it again next week BS.  But give this much to the Greeks--never have so few sucked so much out of so many for so long--it'll be interesting what's left when the Spaniards step up to the plate.

Mon, 11/26/2012 - 19:39 | Link to Comment yogibear
yogibear's picture

The other countries need to shake down the ECB as well. Take all you can from them because they will not allow  the countries to leave. This is entertaining. Drop money owed here and there. Before you know it club med will only owe a fraction of what is owed. They can borrow more and do the same.

Mon, 11/26/2012 - 19:25 | Link to Comment Jacks Cold Sweat
Jacks Cold Sweat's picture

any live cam link? silverlight sucks ballz

Mon, 11/26/2012 - 19:32 | Link to Comment Quinvarius
Quinvarius's picture

Of course there is a deal.  And yes it involves printing more free money.  What the heck do you guys expect to happen?  They probably had this thing done last week.

Mon, 11/26/2012 - 19:35 | Link to Comment chump666
chump666's picture

They are insane.

ECB will take the hit and of course print to fill the gap.

*ECB to forego 11 BLN EUR profits on Greek bond portfolio

Mon, 11/26/2012 - 19:45 | Link to Comment Anglo Hondo
Anglo Hondo's picture

Jeez, the Gong Show was never this bad.  Someone, please, ring the fuckin bell, it's way past time for a new act.

 

Mon, 11/26/2012 - 19:47 | Link to Comment NotApplicable
NotApplicable's picture

They had better drugs.

Mon, 11/26/2012 - 19:53 | Link to Comment tok1
tok1's picture

IMF ( ie Us/Japan) are causing issues because if a deal
is done money will flow back to EU and away from treasuries / JGB.

Germsny too is stalling because they will suffer
higher rates and stronger Euro ..

do agree will suffer for them

Mon, 11/26/2012 - 19:57 | Link to Comment Cangoroo
Cangoroo's picture

No, 15 percent higher would be nice. Germany wants to keep its capital. Germany needs more consumption. So 15 to 25 percent higher Euro will not hurt, exactly the opposite.

Mon, 11/26/2012 - 20:25 | Link to Comment Conman
Conman's picture

Of course it will Germany is an export country. Strong currency hurts exports.

Mon, 11/26/2012 - 19:58 | Link to Comment jldpc
jldpc's picture

You have to admire the Greeks - lazy, crooked, and mostly not worth damn to anyone - tax dodgers with government jobs for life with 14 monthly salary paymnets per year. And the dumbbells up North keep giving them mor........... money. WOW.

Mon, 11/26/2012 - 20:16 | Link to Comment Cangoroo
Cangoroo's picture

Patience is at its end. I mean we can export our cars or drive them ourselves. Greek customers can easily afford to drive a Tata car. And bikes are nice and healthy. 

Mon, 11/26/2012 - 20:21 | Link to Comment tuttisaluti
tuttisaluti's picture

We have a deal

 

Mon, 11/26/2012 - 20:32 | Link to Comment exartizo
exartizo's picture

They are testing the markets to see how long ambiguity will be tolerated before their hand is forced.

A dangerous game of chicken to say the least.

Mon, 11/26/2012 - 20:31 | Link to Comment obessoligarch
obessoligarch's picture

well seems that greek girls will have to deal with a debt of around 124% too in the year 2024 .

untill then what?

 

                     www.xvideos.com/video3245096/anal_with_greek_girl_olga

Mon, 11/26/2012 - 20:43 | Link to Comment magpie
magpie's picture

Mme Lagarde, no one is buying your wares

Mon, 11/26/2012 - 20:43 | Link to Comment Father Lucifer
Father Lucifer's picture

Greece will soon be firmly committed to FASCISM

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