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One Of These Two Is Wrong
On Grexit:
- Ex-SNB Head / Blackrock CIO - HILDEBRAND SAYS SEES NO SHORT-TERM CONTAGION ON POSSIBLE GREXIT
- Dutch Central Bank - GREXIT WOULD SHOCK FINANCIAL MARKETS: DUTCH CENTRAL BANK
and now
- ECB - *NOYER: EURO ZONE FIREWALLS OFFER PROTECTION FROM GREEK DEFAULT
You decide...
With the space of a few hours Europe proved once again how inane its 'union' is with the Swiss (former SNB head and now Blackrock CIO Hildebrand) and Dutch Central Banker Job Swank (awesome name) diametrically opposed in terms of comprehension (real or perceived).
- *HILDEBRAND SAYS SEES NO SHORT-TERM CONTAGION ON POSSIBLE GREXIT
- *HILDEBRAND SAYS UNCLEAR WHAT WOULD HAPPEN LONG-TERM ON GREXIT
But Holland thinks differently:
The impact of Greece leaving the eurozone would be hard to calculate, but would certainly create an economic shock, Job Swank, chief economist at the Dutch central bank, or DNB, said on Monday, adding that he does not expect the so-called Grexit-scenario to unfold.
It seems the DAX is pretty sure...
The question is, does ex-SNB Governor Hildebrand know perfectly well
that Dutch Central Banker Swank is correct and, given the liquity fears
that Blackrock itself have prognosticated on, has to talk this way in
order to enable his new company Blackrock to live?
And then there's this...
- *SCHAEUBLE SAID WILLING TO LET GREECE EXIT EURO WITHOUT REFORMS
Charts: Bloomberg
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Cue Wolferl...
Bien sûr, mon ami.
Throw those pathetic Greeks out of Europe already.
Have you ever had a party and your guests overstayed their welcome?
https://www.youtube.com/watch?v=zyltK6pmJGg
" Firewalls " ..... sounds eerily like ' the subprime crisis is contained ' .... right out of the central banking playbook.
A few years ago a statement like that from Schauble would have crashed the "markets". After all of these false starts, no one believes him.
Orwellian 'doublespeak' decides.....
but[t], one way or the other, both sides are covered by a huge spread of BS!
They need to dig up King Canute, so he can command the tides to recede... http://inspirationalstories.com/0/91.html
Ermmm...I think it'll be fine?
I mean, it'll be bullish right?
bullish...more like bullshit.
What, no astute technical comments on the DAX chart? No violations of decade- long trend lines, moving averages, MACDs, support levels, or Bollnger Bands?
This is not your grandpa´s ZH. I mean not the ZH of 2009/10.
They dished out the TA bullshit all the more on the thread after this one.
LO fucking L
appearantly, someone else thinks "something" else is wrong:
StL Fed's Bullard says "it's time to question the current theory
StL Fed's Bullard says "it's time to question the current theory and explore other models" since the economy has not boomed, as projected, in response to the FOMC'S QE and forward guidance stimulus measures. The comments come from a research paper titled on Optimal Monetary Policy at the Zero Lower Bound, a notion to which analysts've subscribed for some time. He suggests the current policy models "miss a big part of the story, including the importance of smoothly operating credit markets." Indeed, the StL models found forward guidance, a lynchpin of the Fed's ZIRP stimulus measures, was not a good policy choice. The study also showed that it was "unclear how QE could be used to engineer a complete market allocation." Of course Bullard, President if the regional bank, has turned more hawkish and has been arguing for a hike sooner rather than later.
Not to default on the criminal banksters would be criminal, so I'm all for Greece defaulting. Maybe they'll arrest a few of them like Iceland did.
Most certainly Greek exist will definitely spark turmoil into the markets, but long term, I think it's better off. Greece should of never entered the EU in the first place. Lenders who loaned money to Greece will get burned.
Economically; Blackrock--we continue to steal your assets; German CB--you die. Sometimes The Dragon Wins.
So much bullsheet, so little time. They will kick the can for years and years. Nobody has any real money.
I always laugh at people who apparently believed that the FED bailed out the world's banks with all those dusty trillions just laying around their basement. The world banking cabal is a fucking joke. Just print up some more zeroes and give it to Greece. Rinse and repeat next year.
Que "I got you babe"
"ECB - *NOYER: EURO ZONE FIREWALLS OFFER PROTECTION FROM GREEK DEFAULT"
A dubious choice of words given that firewalls are not 100% safe.
All by design.
One fucker says 'yes' the other says 'no'.
Are you confused?
If so, that's what these pricks want.
If the electorate is consuded they're easier led, and of course the lies go down all the better.
Do "firewalls" mean bail-ins?