Images Of Taksim Square Tear Gas Usher In 2010 Greek PTSD Flashback For Market

Tyler Durden's picture


Moments ago CNBC cued to the its gas-mask clad coverage from a violent Taksim Square, where a crowd of 50,000 was just getting the tear gas treatment from the local police. And sure enough, going back to the question we posed first thing this morning whether with "a big demonstration is due in a few hours: will Taksim Square June 2013 be the "Waddel and Reed/May 2010" Syntagma Square flash crash equivalent?", we got the answer courtesy of the USDJPY which just tumbled over 80 pips in the span of minutes and dragged down not only the S&P but the Nikkei with it. We hope the NSA has a read on just where Waddell and Reed is located exactly this moment or else things may get very Syntagmaish Squarish circa May 2010 in a hurry...


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Tue, 06/11/2013 - 13:47 | 3646812 Big Slick
Big Slick's picture

Marketwatch Newswire 1:45 PM   BREAKING:

Dimon: No proprietary trading desk at J.P. Morgan


Tue, 06/11/2013 - 13:52 | 3646849 buzzsaw99
buzzsaw99's picture

They make their money the old fashioned way, they steal it from the gubbermint.

Tue, 06/11/2013 - 13:58 | 3646869 Dr. Engali
Dr. Engali's picture

He didn't say anything about subsidiares.

Tue, 06/11/2013 - 14:02 | 3646888 NotApplicable
NotApplicable's picture

See that barber shop across the street?

Tue, 06/11/2013 - 16:29 | 3647594 francis_sawyer
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Man does not live by bread alone... He also needs BREAD HELMETS...


Tue, 06/11/2013 - 16:34 | 3647603 Manthong
Manthong's picture

It gets warmer in that part of the globe a little earlier than it does here.

Tue, 06/11/2013 - 14:02 | 3646886 Bryan
Bryan's picture

That depends on what the definition of the word "at" is. 


lol -- Oh, Clinton, you can still crack me up.

Tue, 06/11/2013 - 13:47 | 3646823 maskone909
maskone909's picture

Funny how this shit is happening 24-7 everywhere at any given moment around the globe. But when the MSM bought by TPTB(yes alot of acronyms) decides to "report" on the shit, it raises some questions.

Tue, 06/11/2013 - 13:51 | 3646842 nomorebuyins
nomorebuyins's picture

Must be something really fucking bad going on somewhere else. Look tear gas. Wow.

Tue, 06/11/2013 - 14:00 | 3646874 knukles
knukles's picture

All this stuff going on everywhere.
(scratching nuts)
Just the other day they said everything wuz fixed.
(picking nose)
I mean there was the A-Rab outreach program they wuz doin'
(long belch... strangely flavored...)
And I thought everybody liked felafel and gyro sticks
(scratching nuts again)
I thought the Greeks and Turks hated each other.  Guess the riots must be the new summer fashion.
(sniffing armpit)
Humph...  Sumptin's smelly wid diz picture...

Tue, 06/11/2013 - 14:08 | 3646920 constantine
constantine's picture

I almost wish that they had let Turkey into the EU five years ago just so that we could have enjoyed the hillarity of Turkish taxpayer funds being shoveled over to Greece as part the bailout of their profligacy... Goodtimes.

Tue, 06/11/2013 - 13:54 | 3646855 Dr. Engali
Dr. Engali's picture

They need something to blame the market turmoil on. Anything as long as it isn't the shitty economy and obummer.

Tue, 06/11/2013 - 13:56 | 3646862 fonzannoon
fonzannoon's picture

All I see is the 10yr has gone from 2.29 early this am to 2.18 right now and it only took 13 points off the S&P to make it happen.

I'm tired of this shit.

Tue, 06/11/2013 - 14:01 | 3646879 Dr. Engali
Dr. Engali's picture

It's exhausting, that's for sure. They'll throw everything they can at us to push us back in the matrix.

Tue, 06/11/2013 - 14:04 | 3646897 knukles
knukles's picture


Ah, ignore the shit right now.  The economy's goin' nowhere, any more taper talk and it'll punch the lights out of stocks and bonds and then the Fed'll start worrying about no nascent recovery, deflation and U getting to 6.5% again and nothings gonna change.
It's all noise, Fonz

It can get debilitating.  Hell, a few weeks ago you were telling me to buck up

The newest one is this Big Brother shit.  Sure gonna stoke the entrepreneurial spirits!  I remember as a young man visiting behind the Iron Curtain, the emptiness of peoples eyes, their drained souls.
It's Evil and has a concomitant effect.

Stay safe, my friend

Tue, 06/11/2013 - 14:02 | 3646887 CheapBastard
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Hillary and Rice claim  the Turks must have watched "The Video".... that's what got them all riled up.

Tue, 06/11/2013 - 14:04 | 3646896 NotApplicable
NotApplicable's picture

Rick-Rolled again?

Tue, 06/11/2013 - 14:06 | 3646908 knukles
knukles's picture

When that original "That video" shit took place, I don't know about you all, but I went to YouTube and checked it out... at that time it'd had a mere 10k views.
Sure, stoked the whole Arab world, lemme tell ya.
Whadda buncha shite

Tue, 06/11/2013 - 13:47 | 3646828 Martial
Martial's picture

Ah yes the 'fat-finger' flash crash of may that was a fun one.

Tue, 06/11/2013 - 13:47 | 3646829 IamtheREALmario
IamtheREALmario's picture

So is Turkey being paid back for their support of the Syrian rebels and support of world zionism?

Maybe the residents of Israel will wake up and do the same in the south.

Tue, 06/11/2013 - 13:52 | 3646845 Escapedgoat
Escapedgoat's picture

We may have troubles today, in Greece. The Troica has asked to close the State Television, and people are gathering to protect them. the Riot Police are getting to INTERVENE. So WE MAY HAVE GREECE and  TURKEY, Up in flames. God help them


Tue, 06/11/2013 - 14:06 | 3646903 NotApplicable
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Sounds like a typical Thanksgiving. Hope they are at least out in the driveway.

Tue, 06/11/2013 - 13:53 | 3646853 buzzsaw99
buzzsaw99's picture

All those charts are just an algo after lunch belch. There are no markets, there is only the bernank.

Tue, 06/11/2013 - 14:07 | 3646914 Nue
Nue's picture

For The Bernak loved the market so much that he expanded his balance sheet. So that all Hedge Funds with Algo's tied unto him may prosper.

The Book of Goldman Sachs 6:66

Tue, 06/11/2013 - 14:17 | 3646974 SheepDog-One
SheepDog-One's picture

This must be the #1 Fed mandate of price stability.

Tue, 06/11/2013 - 14:23 | 3647005 rubearish10
rubearish10's picture

Many brave ones still B'gTFD!

Tue, 06/11/2013 - 14:31 | 3647044 0b1knob
0b1knob's picture

Will Sausage the riot dog make an appearance?

Probably not, muslims don't like sausage.   Or dogs.

On the other hand there is a theory that if "protest babes" start to appear in the crowd then the government is doomed.   Especially if they are topless.

Tue, 06/11/2013 - 18:54 | 3648206 Escapedgoat
Escapedgoat's picture

He resides very near  the Centre of Athens and indeed by the the Polytechnic University the Lair of all Resistance to Totalitarian Regimes.

At the moment the Action is about 10 kilometres away. and maybe nobody bothered to inform him (woof woof). He has however been spotted in Peiraeous Harbour when there was action there with the Sailors 2 years ago.

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