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Greece Soars 16% In 2 Days (Just Like It Did Before Collapsing In December, February, & May)

Tyler Durden's picture




 

Because hope is a strategy after all...

 

 

And while Greek Bank Bonds have bounced, they are not even back to 1 week highs...

 

Charts: bloomberg

 

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Tue, 06/23/2015 - 10:56 | 6225447 gaoptimize
gaoptimize's picture

Hope springs eternal.  Reality just continues.

Tue, 06/23/2015 - 10:58 | 6225455 SERReal1
SERReal1's picture

Greece must have an Obama in the background spewing "Hope and Change".

Tue, 06/23/2015 - 11:06 | 6225489 Bearwagon
Bearwagon's picture

Nah, they just have a gangbong in the backyard, where everybody can get a hit from the hopium-head anytime it seems necessary ....

Tue, 06/23/2015 - 11:07 | 6225494 Mae Kadoodie
Mae Kadoodie's picture

Hope & Feta makes you feel better!

Tue, 06/23/2015 - 11:16 | 6225521 Perimetr
Perimetr's picture

As Frank Zappa once said,

"Everything's clean and it can't happen here"

Tue, 06/23/2015 - 11:27 | 6225557 Osmium
Osmium's picture

He also said this:  Same thing Bernanke told anyone shorting the "markets".

I'm gonna ram it, ram it, ram it 
Ram it up yer poop chute 
Corn hole 

Tue, 06/23/2015 - 12:12 | 6225771 Dineroguru
Dineroguru's picture

I hope the nabobs in the eurocracy can inside trade just like our political hacks did in the 07-08 debacle,  It would be the first time they actually created wealth since the start of the Euro!  Which way is Mario positioned now? 

Tue, 06/23/2015 - 10:59 | 6225456 CHC
CHC's picture

Evidently HOPE is a strategy.  How else can you explain how in the fuck we got the idiot we have in the White House.

Tue, 06/23/2015 - 11:04 | 6225483 KnuckleDragger-X
KnuckleDragger-X's picture

It's the same strategy the passengers of the Titanic had and look how well that worked out......

Tue, 06/23/2015 - 10:59 | 6225460 we built this city
we built this city's picture

the only one that gets excited from greecei is Zh

11 million people live in greece

 

Tue, 06/23/2015 - 11:02 | 6225475 falconflight
falconflight's picture

EU got what it had to have.  Russia got what it had to have and Greece is the new Poland of the newest 

Molotov-Ribbentrop Agreement.
Tue, 06/23/2015 - 11:08 | 6225495 Bearwagon
Bearwagon's picture

Wow! Look how Ribbentrop deteriorated. Shocking!

Tue, 06/23/2015 - 11:07 | 6225491 Ploutos74
Ploutos74's picture

who cares about "people" dimwit. The banks count

Tue, 06/23/2015 - 11:14 | 6225512 asteroids
asteroids's picture

Greece is bankrupt! Roughly the same population as Ohio or Illinois. Imagine either of those states was bankrupt. No wait, I don't have too....

Tue, 06/23/2015 - 11:23 | 6225545 yogibear
yogibear's picture

Illinois is bankrupt. It just doesn't admit iit.

The same as Greece.

Extend and pretend.

Tue, 06/23/2015 - 11:01 | 6225469 youngman
youngman's picture

Just goes to show us how much of a casino this really is...

Tue, 06/23/2015 - 11:02 | 6225474 Tsar Pointless
Tsar Pointless's picture

Hope, faith, prayer: Three absolutely useless-yet-overused words in the English language.

Tue, 06/23/2015 - 11:17 | 6225519 Boxed Merlot
Boxed Merlot's picture

Hope, faith, prayer: Three absolutely useless-yet-overused words...

 

 

I respectfully disagree.  These are completely valid, useful and important terms regardless of the language they're found in.  However, they are completely irrelevant when used in the context of government and commerce, or as relevent as the intrusion of religion in the business of the state or market.  (However, there is one term that is useful in both realms, trust.)

Religious concepts are necessary to the human condition but they need to be seperated from the funcition of the state, i.e. administration of justice, coining of money, etc. as much as the state needs to butt out of the affairs of worship.

jmo.

Tue, 06/23/2015 - 11:30 | 6225570 Tsar Pointless
Tsar Pointless's picture

I disagree completely that religious concepts are necessary to the human condition. If replaced with logic, reason, and rational thought, they could be rendered completely useless. Which, they already are.

Tue, 06/23/2015 - 13:53 | 6226165 falconflight
falconflight's picture

The USSR and in fact the Third Reich were proponents of logic, reason, and rational thought.  The hallmark of communism is rational thought.  Just like then, so called rational thought can and is perverted by the Party...the State based on ideology or rank lust for power.  

Tue, 06/23/2015 - 11:07 | 6225493 Yen Cross
Yen Cross's picture

  What a joke.

Tue, 06/23/2015 - 11:10 | 6225501 Bearwagon
Bearwagon's picture

A mighty miserable one, I'd say ... and old, soo old ...

Tue, 06/23/2015 - 11:21 | 6225535 Kilgore Trout
Kilgore Trout's picture

As laughable as the situation has become, it's just not the kind of humor I'm in the mood for right now.

Tue, 06/23/2015 - 11:10 | 6225502 MFL8240
MFL8240's picture

Welcome to the circus!

Tue, 06/23/2015 - 11:12 | 6225505 Yen Cross
Yen Cross's picture

 The Potempkin village known as Greece, has had it's daily Gruel rations restored so all is well. It's Unicorns and rainbows from here on out.

Tue, 06/23/2015 - 11:21 | 6225539 Ted Baker
Ted Baker's picture

MAYBE WE NEED TO LOOK INTO MORGAN STANLEY DELINGS LATELY?

Tue, 06/23/2015 - 11:25 | 6225550 CosmoJoe
CosmoJoe's picture

"Europeans raise hopes of Greek deal within 48 hours as Tsipras forced to swallow austerity"

"Leftist government submits to plans to hike taxes and reform pensions as EU leaders aim to finalise deal by Thursday"

Like I said in previous posts, too much at stake for "EU integrity" to let Greece out of the Euro especially if Greece would be able to actually turn things around by en exit.  That would only encourage the next problem child to do the same.

Tue, 06/23/2015 - 11:48 | 6225656 coast
coast's picture

too much at stake for EU integrity, ie: the bankers. Exactly, I just posted the same thing on the "IMF spoils the party" article.  It is the bottom line to all of this.  It isnt the money. 

Tue, 06/23/2015 - 11:25 | 6225551 yogibear
yogibear's picture

It's the Eurocrat controlled groundhog day.

Never ever let it fail. Just extend and pretend (lie). 

Tue, 06/23/2015 - 11:42 | 6225627 SilvertonguedAngel
SilvertonguedAngel's picture

Pattern of lower highs and lower lows still intact.

Tue, 06/23/2015 - 16:30 | 6226885 Bunga Bunga
Bunga Bunga's picture

Did Draghi buy?

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