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35 Seconds Of TV Air Time Explaining Why Austria's AAA Rating Is Doomed

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Tue, 11/22/2011 - 00:08 | 1901357 erg
erg's picture

Only XXX can help me now.

Tue, 11/22/2011 - 00:10 | 1901365 Great Depressio...
Great Depression Trader's picture

I junked you for being a newbie

welcome to ZH, bitch

Tue, 11/22/2011 - 00:12 | 1901371 erg
erg's picture

Thanks man. Wow, I'm still a newbie.

Tue, 11/22/2011 - 01:01 | 1901485 Harlequin001
Harlequin001's picture

New day, new disaster. Time for a coffee...

'The three banks’ CEE exposure exceeds Austrian GDP' - says it all. Now, where's Deutsche in all this...

Tue, 11/22/2011 - 02:32 | 1901647 dlmaniac
dlmaniac's picture

Now how do we short the coming Australian bubble?

Btw that commercial is so friggin' gay.

Tue, 11/22/2011 - 02:53 | 1901671 Michael
Michael's picture

For Entertainment value it has much more value.

At least the epic Chinese housing bubble bust should cure America of its China Envy.

Tue, 11/22/2011 - 02:53 | 1901672 Harlequin001
Harlequin001's picture

Buy gold, short the world...

Tue, 11/22/2011 - 09:57 | 1902147 AvoidingTaxation
AvoidingTaxation's picture

LOL!

Tue, 11/22/2011 - 09:05 | 1901953 BrocilyBeef
BrocilyBeef's picture

good luck and watch your corn hole.

Tue, 11/22/2011 - 00:21 | 1901398 longonSpam
longonSpam's picture

I junked you for being old.. hurry up and die, you're using my air bitch

Tue, 11/22/2011 - 00:24 | 1901405 Great Depressio...
Great Depression Trader's picture

2 weeks? Bitch, pleaseeeeeee

you sir can also have a JUNK

Tue, 11/22/2011 - 00:27 | 1901415 longonSpam
longonSpam's picture

Whatever old man, how's the Early Bird treatin ya..

Tue, 11/22/2011 - 00:47 | 1901466 fuu
fuu's picture

Flame out faster please.

Tue, 11/22/2011 - 00:38 | 1901442 erg
erg's picture

To me XXX denotes an adult beverage relative to Turd's blog. Just a bunch of friends having a great conversation and some drinks.

Not someone trying to score points.

Tue, 11/22/2011 - 07:19 | 1901813 Bendromeda Strain
Bendromeda Strain's picture

Just havin' some fun with ya, nothing more.

Tue, 11/22/2011 - 01:06 | 1901510 TruthInSunshine
Tue, 11/22/2011 - 07:52 | 1901831 Ghordius
Ghordius's picture

Look it from the bright side: without the Credit-Anstalt's idiocy Ludwig von Mises would have taken that job with them in Vienna, would have stayed there and would have probably not written his works...

No Austrian School without Credit-Anstalt

Wed, 11/23/2011 - 00:24 | 1905595 TruthInSunshine
TruthInSunshine's picture

I am compelled to agree with you given my bias towards real economic growth versus debt based, falsified, Ponzinomics growth.

Tue, 11/22/2011 - 00:14 | 1901377 phungus_mungus
phungus_mungus's picture

Slow news day?

Tue, 11/22/2011 - 00:22 | 1901402 Bill D. Cat
Bill D. Cat's picture

I thought you were more of a Captain America kinda' guy .

Tue, 11/22/2011 - 01:22 | 1901537 Freddie
Freddie's picture

Is this another Creditinstalt Rothschild Bank?  One off Madoff's Khazar conspirators had a Austrian bank.

Tue, 11/22/2011 - 00:08 | 1901358 Burnbright
Burnbright's picture

HAHAHA 

At least the ad was funny. "We don't care about your income, just the value of the property!" 

 

Tue, 11/22/2011 - 00:37 | 1901440 Coke and Hookers
Coke and Hookers's picture

Translation: "We don't care if you can't service your debt. All we care about is owning your property and your wages in the future in exchange for our fractional reserve created money - bitch."

 

Isn't banking wonderful?

Tue, 11/22/2011 - 11:58 | 1901594 TruthInSunshine
TruthInSunshine's picture

 

 

Good Times : Federal Reserve Joke

The above is Fractional Reserve Scam 101 for those getting their feet wet.

Advanced classes are held daily on ZH, where the magic trick of being able to conjure fiat from thin air, loan it out at interest, leveraged many times over, and still reap massive profits and assets even if 99.9% of the loans theoretically defaulted (cost basis of conjuring fiat to loan was $0 and you wind up with massive assets from securitized loans that went sour) is broken down.

#ModernMoneyMechanicsRules

#WhereInTheWorldIsJohnCorzin

Tue, 11/22/2011 - 00:09 | 1901360 Great Depressio...
Great Depression Trader's picture

Goddamn this shit just keeps getting better and crazier! Thank you Tyler(s) for reporting this fantastic news. Tonight I turned on CNN and FOX to see if their was any coverage of what the European or US debt committee problems and I was not surprised to see them doing a story on that congress woman gifford that got shot last year while Fox was discussing Michelle Bachmans new book. God bless the internet. God bless the Tylers of zerohedge. Without the interwebs we would be so lost!

That being said I dont think we will make it to the summer without a severe beatdown of equities. This is eerily similar to the smash of 2008 except its much bigger and more dangerous. I would be especially shocked if the market sold off violently after the fed announced a 500 billion QE3, dissapointing the markets. And the reality is in order to keep the Ponzi alive the ECB and the fed would have to collectively monetize and expand their balance sheets by 3 trillion over the next 18 months.

Tue, 11/22/2011 - 00:24 | 1901406 Missiondweller
Missiondweller's picture

In the current political environment I'm sure QE3 will be more stealthy and may even be underway now. Don't expect an announcement.

Tue, 11/22/2011 - 00:57 | 1901484 James T. Kirk
James T. Kirk's picture

BINGO

Tue, 11/22/2011 - 00:28 | 1901418 hungrydweller
hungrydweller's picture

Bring it on, Bitchez!  S&P 500 baby!

Tue, 11/22/2011 - 08:02 | 1901840 LongBallsShortBrains
LongBallsShortBrains's picture

That's got quite a ring to it!

S&P 500

BITCHEZ

Tue, 11/22/2011 - 00:38 | 1901441 knukles
knukles's picture

And MSNBC was showing old Olberman re-runs where he was incomprehensibly yelling about something, turning bright red, spitting all over. 
Shoulda been on the Gong Show

Tue, 11/22/2011 - 01:25 | 1901543 Freddie
Freddie's picture

Only morons watch TV.  Thanks for enabling and enpowering your overlords by watching and paying for their propaganda electrons.  Nice job.

Tue, 11/22/2011 - 00:14 | 1901380 SHEEPFUKKER
SHEEPFUKKER's picture

Austria, Australia. Whatever. The bankers are coming for your gold. 

Tue, 11/22/2011 - 00:29 | 1901421 hungrydweller
hungrydweller's picture

That can't have any gold that is not deposited in a bank, MoFo!

Tue, 11/22/2011 - 00:40 | 1901447 SHEEPFUKKER
SHEEPFUKKER's picture

Ummmm, tell that to Lloyd and Jamie and the boys.  They will try and get it whether it is in a freakin international bank or not.  I'm junking you for junking me. peace

Tue, 11/22/2011 - 01:52 | 1901590 CatoTheElder
CatoTheElder's picture

As Obama would say: They were talking in Austrian; that's why it had subtitles.

Tue, 11/22/2011 - 00:17 | 1901383 paarsons
paarsons's picture

Good Citizens of Metropolis!

All inflationists are a bunch of blind cocksuckers.

I lived through the 70's.  Trust me.

Paul Volker restored order quite quickly.

The depression will be deflationary.

Now straighten up and fly right, you motherfuckers.

http://fucklloydblankfein.blogspot.com

Tue, 11/22/2011 - 00:30 | 1901426 hungrydweller
hungrydweller's picture

There are no new Reagans or Volckers, FuckWeed!

Tue, 11/22/2011 - 08:35 | 1901884 BigJim
BigJim's picture

They do look like they've undergone inflation, I agree.

Tue, 11/22/2011 - 01:27 | 1901546 Freddie
Freddie's picture

Stop pimping your lame blog.  My guess is your work for Goldman and have a phony hate Lloyd web site.

Tue, 11/22/2011 - 10:02 | 1902173 robobbob
robobbob's picture

with $15T in bond financing, any move in interest rates and the US will implode over night.

this time the banker globalists have Volkers escape door nailed shut. theres no getting out of this burning building except running straight into their trap.

Tue, 11/22/2011 - 11:08 | 1902414 Bansters-in-my-...
Bansters-in-my- feces's picture

 @ parrsons...Me...love to..put Jackboot on your throat,then Bitch slap you.

Have a nice day....FuckTard.

Tue, 11/22/2011 - 00:17 | 1901384 Non Passaran
Non Passaran's picture

Awesome ad!
PO PO PO PO ....

Don't forget though that the government locked CHF denominated loans to a fixed (lower) rate some two months ago. Still, that kind of helps the debtors but the banks are screwed. IIRC the move cost the banks some EUR300 MM.

Tue, 11/22/2011 - 00:19 | 1901394 mynhair
mynhair's picture

Crack my ass up.

 

Warning:  the following song was sponsored by Robert Wagner:

http://www.youtube.com/watch?v=KmQ_1sXZJxI

 

Tue, 11/22/2011 - 00:26 | 1901412 mynhair
mynhair's picture

(Fricken Aftonbladet pulled the vid of that machine climbing the tower.  Beestards.)

Tue, 11/22/2011 - 00:26 | 1901413 Number 156
Number 156's picture

To the people of Austria:

Willkommen in der Hölle.

Tue, 11/22/2011 - 00:32 | 1901429 slewie the pi-rat
slewie the pi-rat's picture

great ad!

flip that kid!

Tue, 11/22/2011 - 00:33 | 1901433 disabledvet
disabledvet's picture

who the phuck are you people here now? anywho...talk about operation "Fast and Furious"! The events in Europe are spiraling out of control so quickly it only goes to show how bad the gambling addicts at CNBC simply have to pass off their "handle" to you OR ELSE! Simply put England and France are now well beyond mere pounding the table for war with Iran as they are fast approaching simply starting one and "hoping the Americans can save them from themselves." In the meantime...back at the "budget negotiation table...

Tue, 11/22/2011 - 00:44 | 1901455 mynhair
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