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The Absurdity Of European Sovereign QE In 1 'Tres Stupide' Chart
Because buying bonds and lowering interest rates will do what exactly...
Record high unemployment in France... and record low yields on sovereign bonds (10Y below 1.00% for the first time ever)...
Charts: Bloomberg
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We unemployed some folks
to fix the french unemployment problem all they need to do is create tax incentives for a surfer dude to produce a camera on a stock...on a drone. VIVA LAFAYETTE!
Well obviously the divergence is not great enough and interest rates need to go negative before the employment situation shows signs improvement. At which point we will have had a revolution with massive rioting and the cities will have burned down. Then the reconstruction will take place and we will get the bums all working again. Be patient. It takes time before like Michael Browns father so eloquently said, " lets burn down this mother fucking place"
Fuck the French!
Easy. The French are nice people. The French Government is the issue.
Nahh, I'd rather fuck some hot Italian women this time
Which are the ones that don't smell and shave?
PS You know for sure it's a Frenchwoman if you suck 13 oysters out her thing when you only put a dozen in.
and on that note my oyster drssing just went into the trash.....happy thanksgiving knuks...
About French unemployment, they don't give a sh... They know it's gonna happen anyway.
Nirp nirp.
Pay for the penalties for not delivering the Mistral warships to Putin? More foie de gras for every Frenchman? Maybe Hollande can have another mistress? A thirty hour work-week? More French bombs for Syria and Iraq?
There is not enough Euros in circulation to purchase existing capacity.
More "investment" will simply increase costs without the allocation of credit.
The over capacity in France is extreme.
Think of all those fancy public transport projects without passengers,
Sauver la patrie et sauver les banques; idiots!
Having said that, sauver la patrie may not be compatible with sauver les banques.
But that is another story!
A the very least , a French government should request the French central bank to print real physical Euros and bring the construct down.
Then bring in a social credit system but that's unlikely given its mason infestation,
A inflation out if this mess is the least people can hope for and a return to some semi normal stock and flow dynamics.
The increase in unemployment seems to be flattening - time for more EU sanctions against Russia!
I think that is a bullish megaphone pattern. Get CNBC on the line!!!
#winning
What is this fascination that French women have being mistresses to twerps like DSK and Hollande?
Says it all.
I mean, seriously.
Is that fucked up, or what?
Typical from us to them chart. Isn't there enough data now to show the exact time when everything implodes? Lots of variables but only a few have to reach critical mass.
Redefine "unemployment", success.
the french socialists have crushed almost every business with their "system" and plugged every make-work program with as many overpaid union workers for the last 70 years
socialism running its course - all the way to the bottom - enjoy the fade france.
Hot from the press. 11/27 (google translate).
France and Germany have just reaching proposals presented in Paris for growth and reforms in Europe.
What do these proposals for both countries and for Europe?
For France:
the French labor market is 'more flexible'
The French government is smaller and more efficient
the legal system is reformed
improving the competitiveness
For Germany:
more immigration
save less
more women working
invest more
For Europe as a whole:
digital gear Union
investment fund for Eurozone
Full integration of strategic sectors (Economic Schengen '), including Energy and Digital
European minimum wage
Same as they agreed in 2008,2009,2010.......
The euro-zone is in a far bigger mess than recent headlines and figures suggest. Most of the growth in the Euro-zone over recent years has been in Germany and that bright spot is now under pressure. Italy has been in recession for two years; France’s economy has been stagnant for months. Now that Germany is slowing, many economist think the chances of a Japan-style deflationary spiral have risen sharply.
What it all boils down to is Germany can’t keep buying Greek bonds and other bad debt with German taxpayer money until the end of time. The article below looks at the corner Central banks have painted economies into by attempting to paper over reality and how these polices will hinders growth for as long as the eye can see. Bottom-line, debt does matter!
http://brucewilds.blogspot.com/2014/10/global-economic-malaise-due-to-debt.html