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The Eurogroup Meeting Begins - Live Webcast
And so it begins... the beginning of the end... or the end of the beginning?
France:
- *MOSCOVICI SAYS THERE IS NO COMMISSION PROPOSAL ON GREECE
- *MOSCOVICI SAYS THERE IS 'ROOM TO MANEUVER' WITHIN PROGRAM
Slovenia:
- *SLOVENIA'S CERAR SEES `INTENSIVE DISCUSSION' ON GREECE TOMORROW
- *CERAR SAYS FLEXIBLE SOLUTION SHOULD BE SOUGHT FOR GREECE
Germany:
- *SCHAEUBLE SAYS IT'S NOT ABOUT DEFINING RED LINES ON GREECE
- *SCHAEUBLE SAYS DON'T EXPECT ANY RESULT ON GREECE TODAY
- *SCHAEUBLE SAYS UP TO GREECE TO STAY IN PROGRAM OR NOT
IMF:
- *LAGARDE SAYS HAD "GOOD MEETING'' WITH VAROUFAKIS
The Timeline (as we know it):
- -11 February: Meeting of Finance Ministers for occasional discussions about the Greek program
- -12 February: EU leaders summit in Brussels
- -16 February: New meeting of the Eurogroup on the situation in Greece
- -28 February: End of the current program
- -First Quarter 2015: End of March financial needs of Greece reach 4.3 billion. EUR
- -19 To 20 March: Meeting of EU leaders
Live Feed:
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CC would be nice.
Show Time. Get your popcorn.
No thanks, the bankers tell me I'm better off speculating on popcorn futures.
ECB: "We create the priciple, but principle plus interest is owed."
EU: "But if only the priciple is created, and principle plus interest is owed, doesn't that mean that some countries will necessarily fail and need to borrow more to keep up with payments?"
ECB: "Those countries are lazy and need to work harder."
EU: "If only 12 eggs are created, and 13 eggs are owed back, mathematics would tell us that one or more countries would need to borrow more eggs into existence in order to keep up with payments."
ECB: "That's what we're here for."
Schaueble: Says Greece "pungent like LaGardes crotch"
Varofaoukis: Germany "should clean balls with tongue"
Slovenias Cerar: "My country doesn't really matter"
Hollande: says "Unsure which path will help my failing socialist state"
Obama: cites need for more "Folks" in the EU
Russias Putin: "Irrelevant what west does," adds "We have already won world war 3"
this was actually pretty funny!
Yeah, should be a great clusterfuck to remember
The Timeline (as we know it):
-11 February: Meeting of Finance Ministers for occasional discussions about the Greek program
-12 February: EU leaders summit in Brussels
-16 February: New meeting of the Eurogroup on the situation in Greece
-28 February: End of the current program
-First Quarter 2015: End of March financial needs of Greece reach 4.3 billion. EUR
-19 To 20 March: Meeting of EU leaders
-21 March: Large scale war.
#bombsnotwords
Whatever happens, SELL Gold... Oh look, the sun came out. Sell Gold..
Saw a marketwatch article that the current rise in silver prices were spurring people to sell.......No joke.
They could be. People don't understand silver's value and they will sell gramndma's silver plates to the highest bidder so they can keep paying their credit cards.
Paper, maybe, but SLV don't shine.
Know the feel, bro...
"What?! There's trouble in the financial markets?! Sell ALL THE GOLD!" - duhh
Done! And I loaded up some ES as well. This will buy me massive amounts of popcorn at midnight :-)
Thank you very much :D
plenty of strategic positions for the lone gunman.
"heltje vella la lia vildu hoo hoo baja" translation : i'm a fat payed cocksucker who will sell my opinion to the highest bid.
If the EU is broken thanks to Greece, it will be Freedom for the European countries. Europe will finally be able to turn the page of the ugly XXth century and move to independent countries the way it was in teh XIX century...
Let us all hope that Germany and Greece are reasonable and let the EU and EURO go for the benefit of everyone ... and next NATO can go sod-off.
"teh XIX century"
Yeah that was such a good century for Europe, right? Colonizing and enslaving their way to riches.
Jingle Key these MotherHubbards Yani!
Great photo BTW, (Smirkly McSmirklesberg vintage)
"*LAGARDE SAYS HAD "GOOD MEETING'' WITH VAROUFAKIS"
Yeah, you wish leather face. Yellen is still game for a "good meeting," though.
What is it about good sex that makes me have to crap? I guess it's all that pumpin'. Pump and dump.
You really jarred something loose, tiger.
-Handbag
Achilles!
https://www.youtube.com/watch?v=Sq-uMIZGETs
Freedom? I doubt it, behind every puppet is a puppet master.
We've reached Peak Hymie.
What is wrong with these politicians to where they just cant seem to spend what they make...why do they always have to borrow on the future....Sark attack
Europe does not exist as a political entity that counts. The US tries to make sure that this doesn't change, of course, but it is not the US' fault that Europe is a mess. It is the fault of Europe's clueless leaders.
And DSK was there and brought the girls.
Opah! Ouzo and blowjobs all around, boys!
Know how you know how a Greek gal's loose? You put a dozen pieces of baklava in her snortch and realize you've eaten 13.
LAGARDE: " I bet mine is bigger than yours "
Thinking of that wrinkled, dried up, old cheeto makes me want to vomit.
Snortch? Lol
My sources tell me DSK is, ah, busy.
Christine, meanwhile, was glad of a real man for a change.
Bettin's on that Christine is a real man.
Them pics look like a botched half shaved Adam's apple job and the scarves all the time....
Washington Post has pics of her from the yearbook of the DC-area high school she attended as a teen (see slides 3 and 5).
http://www.washingtonpost.com/local/christine-lagardes-former-life-as-a-...
So her claims to be the real deal check out.
Don't worry about Yanis, he's a big boy.
eye of the paper tiger!
And the dance continues........
Greece is Bankrupt. Fact.
Greece coerced it's way into the Euro. Fact
Other Euro countries are watching Greece. Fact
FIAT Currencies are an Illusion of Wealth. Fact
Greece can finally Lay-Bear to everyone that FIAT Currencies are bad for Humanity. Fact
Greece can/could be like Iceland with in 2 years. ???
Other similarities when strong countries influence smaller:
Puerto Rico, Ukraine, Baltics, Balkans.
Historically...Greece and Turkey are also Balkan countries.
They all end up twisted and torn.
It is just the way things roll.
Nation-States default all the time, then restructure their loans. They go through a period of hardship - let's call it a severe recession since Neo-Keynesian economics gives us such varied terms for recession and depression - hopefully followed by a period of economic prosperity if so lucky.
Greece will default, Spain will default, everyone will defalt and we will back debt to gold viola.
The way Varoufakis looks, I'd be hesitant to fuck with him. He looks as if he'd rather blow things up and deal with the effect later. Toika be warned.
Germany will blink.
Ain't no party like an IMF party! Holla!
The can kicking continues................
Christine wants all of Greece in her Louis Vuitton purse.
This is what happens when taxes can coerced from those threatened with violence.
They unwittingly underwrite thin air fvck all 'money'.
I love these pictures of Varoufakis...Where he's in the background, smirking, while some Gumby-faced guy is making 'serious announcements'...
There's something Black Bartish in that look. These guys should tread carefully. They may have met their match this time.
The NSA and GCHQ are already on the case in digging up any skeletons those a Greek boys may have.
It's obvious this team is impervious to blackmail. NSA proof.
However they do need to know the remote inducing arrhythmia capabilities of their enemies. If they suddenly find themselves experiencing a cardiac arrhythmia while outdoors, they need to get indoors or under something massive or underground as soon as possible. If the arrhythmia ceases immediately upon doing so then they were in fact hit by a weapon.
"These guys should tread carefully. They may have met their match this time."
True. Anyone who thinks this guy is a patsy doesn't know his history. He has a great metaphor for the state of the global economy today and how it got this way... The Global Minotaur
http://www.globaldeflationnews.com/the-global-minotaur-a-global-finance-...
We've heard Whathafackus talk the talk, let's see him walk the walk. I'm too used to the Left collapsing when the going gets tough.
5 stars for the picture at the bottom...