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Aaaaaand... Italy Breaks

Tyler Durden's picture




 

Shocking, we know...

 

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Thu, 08/11/2011 - 09:21 | 1550428 UGrev
UGrev's picture

Spaghetti dinner bitches!

Thu, 08/11/2011 - 09:27 | 1550471 ihedgemyhedges
ihedgemyhedges's picture

what's wrong with spaghetti dinners?  the women over there will at LEAST make a good homemade sauce.  i'm stuck with ramen.............

Thu, 08/11/2011 - 09:31 | 1550501 EscapeKey
EscapeKey's picture

they do? the only italian woman i ever dated had only one idea with regards to pasta sauce. it consisted of opening a jar of dolmio.

Thu, 08/11/2011 - 09:36 | 1550529 ihedgemyhedges
ihedgemyhedges's picture

oh, so you never dated a sicilian???????  great in the kitchen, even better in the boudoire.........................

Thu, 08/11/2011 - 09:50 | 1550583 Sketch
Sketch's picture

yeah, until their mustache fills in at about age 35...

Thu, 08/11/2011 - 09:58 | 1550617 hedgeless_horseman
hedgeless_horseman's picture

Q) What is the difference between an Italian woman and a hippo?

A) 40 pounds and a black dress.

Thu, 08/11/2011 - 10:21 | 1550717 thunderchief
thunderchief's picture

I'll take one of those Hippo's over a American Elephant.

 

Thu, 08/11/2011 - 09:31 | 1550504 UGrev
UGrev's picture

Where I grew up, the churches would have spaghetti dinners to feed the folks who fell on hard times...

Thu, 08/11/2011 - 09:36 | 1550532 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

Why? If you are on hard times that means that's the way God wants it.

 

We shouldn' go against his will

Thu, 08/11/2011 - 09:50 | 1550582 LongBalls
LongBalls's picture

Not cool.

 

Thu, 08/11/2011 - 09:56 | 1550604 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

I was trying to show the folly of religion. Yeah, it usually doesn't go over too good.

Thu, 08/11/2011 - 09:57 | 1550610 Ancona
Ancona's picture

AWESOM,

Your avatar suggests LHMSW. Been there, done that.

Thu, 08/11/2011 - 10:06 | 1550642 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

I was actually looking for Pepé Le Pew and it was the closest I could find. But yeah, the whole Military Industrial Complex thing is cool too.

Thu, 08/11/2011 - 10:24 | 1550725 John Law Lives
John Law Lives's picture

AWESOM-O is one of the favorite episodes of Matt Stone and Trey Parker.

http://www.youtube.com/watch?v=jSmxEskp9k4&feature=related

Thu, 08/11/2011 - 10:22 | 1550704 legal eagle
legal eagle's picture

You were more successful in demonstrating the folly of high school grammar classes.

Thu, 08/11/2011 - 10:05 | 1550641 Blotsky
Blotsky's picture

If you disagree, thats your choice. But remember to have some respect for what others believe.

Appreciate it.

Thu, 08/11/2011 - 10:33 | 1550768 Are you kidding
Are you kidding's picture

Fuck that...if you're THAT insecure...like your god is too...then expect others to beat you up.  Religion is for fucking idiots!

Thu, 08/11/2011 - 10:41 | 1550804 Attitude_Check
Attitude_Check's picture

So you are saying you are ABSOLUTELY sure there is no God right?  and everyone else who thinks otherwise is and idiot. Typical logical fail for most atheists and such a huge level of compassionate tolerance.....

Thu, 08/11/2011 - 11:00 | 1550885 escargot
escargot's picture

Oh that's mean.  Don't you know we're supposed to shut up and show respect for grown men and women who believe in ancient fairy tales? 

Thu, 08/11/2011 - 10:27 | 1550739 UGrev
UGrev's picture

The math is too complicated for anyone to understand. I was almost killed in a car accident. If I didn't have that accident, would I have helped the injured teens that I helped counsel after they had brain injuries? The interconnected math is infinite.. so, good luck explaining it all away with silly, singular step reasonings. 

Thu, 08/11/2011 - 09:21 | 1550430 DormRoom
DormRoom's picture

Have you looked @ the USD-CHF lately? 

Thu, 08/11/2011 - 09:27 | 1550475 Ethics Gradient
Ethics Gradient's picture

Intervention.  Intervention.  Intervention!
That’s what you need.
If you wanna be the best,
and you wanna beat the rest.
Oo-ooh!  Interventions what you need.
(Trumpet Solo)
Intervention what you need.
If you wanna be a FX breaker.  FX Breaker ooooooh!

Thu, 08/11/2011 - 09:22 | 1550431 Cognitive Dissonance
Cognitive Dissonance's picture

Get back in there and turn those machines on.

Thu, 08/11/2011 - 09:24 | 1550448 Cleanclog
Cleanclog's picture

CNBC can't report anything but happy news.  They're afraid of their power to make people freeze.  What was that cartoon way back when with the freeze machine?  Who knew CNBC would acquire such.  They are a cartoon.  

Thu, 08/11/2011 - 09:25 | 1550458 John Law Lives
John Law Lives's picture

Why is that excrement still on the air. If enough people would stop watching, it would go away.

CNBC = crap, nothing but crap

CNBC = will not air in my home

Thu, 08/11/2011 - 09:38 | 1550539 A.W.E.S.O.M.-O 4000
A.W.E.S.O.M.-O 4000's picture

Don't tell me you're still mad at them for that NASDAQ 5000 call?

Thu, 08/11/2011 - 10:03 | 1550637 uno
uno's picture

my favorite Cramer saying, back in late 1999 - 2000 he many times wrote JDSU stands for Just Don't Sell Us.  Before it's reverse split it maxed out around 120 and then went to single digits

Thu, 08/11/2011 - 10:26 | 1550738 John Law Lives
John Law Lives's picture

I realized the folly of CNBC long ago and turned it off.  They are cheerleaders for their master.

Thu, 08/11/2011 - 10:50 | 1550850 JohnG
JohnG's picture

CNBC has one redeeming feature: Kayla Tausche. 

Thu, 08/11/2011 - 10:00 | 1550630 Bob Paulson
Bob Paulson's picture

What about the Fast Money traders?

One of them predicts the direction of the market the next day every single time. Every single time!!

Thu, 08/11/2011 - 11:01 | 1550898 John Law Lives
John Law Lives's picture

Trained monkeys throwing darts at a board could probably do the same thing.

Thu, 08/11/2011 - 10:25 | 1550732 old naughty
old naughty's picture

you are the kindest.

Thu, 08/11/2011 - 09:26 | 1550466 jus_lite_reading
jus_lite_reading's picture

There would never be a malfunction when the fake markets soar 100000 points!!

WHAT A FARCE!!!

Thu, 08/11/2011 - 09:33 | 1550509 Sudden Debt
Sudden Debt's picture

JUST WAIT A BIT LONGUER!!

ITALY HAS IT'S BEST TEChniCaL gUys working on it....

oh fuck.......................................

Thu, 08/11/2011 - 09:35 | 1550523 EscapeKey
EscapeKey's picture

a former colleague of mine in the software industry migrated to italy. he said the difference between italy and the uk was that, when people in the uk need to speak to their colleague, they will send and email, send an im, pick up the phone, or simply walk over to the person in question. when an italian needs to speak to his colleague, he will open his door and shout through the building.

Thu, 08/11/2011 - 09:40 | 1550544 Sudden Debt
Sudden Debt's picture

I've worked with enough italians myself to know that if they say: "FINISHED! I'M DONE" = "Maybe I'll do it next week"

and it wasn't just 1 company I worked with, it where dozens of italian companies and the rule applied to all of them.

Thu, 08/11/2011 - 11:21 | 1550974 graneros
graneros's picture

Lived and worked in Southern Italy for three years. Everything that needed to be done was always done domani.  That's all one ever heard like, when will the car be ready.  Answer: domani, domani.  Or when will those parts be delivered?  'Domani signore.'  And when domani arrives you ask again and get 'Allore Signore, domani, domani.'  Domani or tomorrow would often take a month to show up.

Thu, 08/11/2011 - 11:25 | 1550980 HedgetBedgadget
HedgetBedgadget's picture

Yeah??

 

When I worked with Brits, well they didn't spoke English at all, there in the island, 'coz they were all INDIANS!

You should see the productivity with those fine chaps you Brits over imported in your "knowledge eCONomy".

 

Meanwhile, I'll take any day, an Italian made car (Ferrari, Alfa Romeo, Masserati, even Fiat) over any British made car. For that matter, I'll take any Italian product over any British made product.

Wines, food, cars (heck, that's all I need actually). Even the country is way more beautiful than that cloudy island of yours will ever be, no matter how many Indians and Pakis you guys import there, for "variety of cultures".

What do you "super productive Brits do?" . Rioting as I see it lately.

Thu, 08/11/2011 - 11:53 | 1551136 Sudden Debt
Sudden Debt's picture

I'm for Belgium, and I've driven a Alfa and also a Range Rover. Both fine cars.

Especially since they started using GERMAN ENGINES IN THEIR CARS!!!!!!

 

Thu, 08/11/2011 - 12:44 | 1551298 EscapeKey
EscapeKey's picture

oh, another difference between us brits and you italians is that we can laugh at ourselves

Thu, 08/11/2011 - 16:59 | 1552092 ZeroHour
ZeroHour's picture

What?  No Lamborghini's?

Thu, 08/11/2011 - 09:36 | 1550525 Sudden Debt
Sudden Debt's picture

-

Thu, 08/11/2011 - 09:42 | 1550554 disabledvet
disabledvet's picture

WOPR time!

Thu, 08/11/2011 - 10:00 | 1550627 Cognitive Dissonance
Cognitive Dissonance's picture

I find it amazing that my iPhone4 has more computing capability/speed than the WOPR. I wonder if there's an app for Global Nuclear War?

WOPR

Thu, 08/11/2011 - 10:11 | 1550665 Hulk
Hulk's picture

Whatever you do, don't enter the value of pi to the fifty thousandth digit and then press #...

Thu, 08/11/2011 - 10:13 | 1550670 EscapeKey
EscapeKey's picture

Well, there might be HFT apps which are far more destructive.

Thu, 08/11/2011 - 09:22 | 1550434 The Wolf
The Wolf's picture

But why are three Glenn Becks staring at me on each page I look at

HELP...

Thu, 08/11/2011 - 09:25 | 1550459 Dingleberry Jones
Dingleberry Jones's picture

Thankfully I only get one. Did I say thankfully? I mean painfully, but it sucks for you.

Thu, 08/11/2011 - 09:25 | 1550460 LeBreizhou
LeBreizhou's picture

Delete your cookies/history

Thu, 08/11/2011 - 09:30 | 1550496 The Wolf
The Wolf's picture

Thanks... will do...

 

 

Thu, 08/11/2011 - 09:27 | 1550477 Cognitive Dissonance
Cognitive Dissonance's picture

Odd. I'm looking at waffles and the Hampton Inn. What does that say about your cookies bro?

Thu, 08/11/2011 - 09:33 | 1550512 EvlTheCat
EvlTheCat's picture

Probably means he's been buying gold and/or silver lately!

Thu, 08/11/2011 - 09:36 | 1550533 The Wolf
The Wolf's picture

Elv... yep... and platinum... always have PM websites up each day...

I nearly had linked the fall of Cathage and the Crusades to the Huntington Post....then I snapped out of it...

 

Thu, 08/11/2011 - 09:39 | 1550543 TruthInSunshine
TruthInSunshine's picture

Glenn Beck may fancy you, bro.

Thu, 08/11/2011 - 09:49 | 1550579 pazmaker
pazmaker's picture

Becks mug on the new goldline ads, so if you  are reafding anything on gold you get his mug. 

 

I see the waffles too but it thought it was hilton suites?

Thu, 08/11/2011 - 10:02 | 1550632 Cognitive Dissonance
Cognitive Dissonance's picture

Could have been Hilton. All I really saw were the waffles. I'm hungry. :)

Thu, 08/11/2011 - 09:32 | 1550508 fuu
fuu's picture

"But why are three Glenn Becks staring at me on each page I look at"

 

Your surfing habbits.

Thu, 08/11/2011 - 09:34 | 1550516 The Wolf
The Wolf's picture

I think it b/c my IP lists me in Texas...

Thu, 08/11/2011 - 09:54 | 1550600 DosZap
DosZap's picture

Gahhhhhhhhhhhhhhhhhhhhhhhhhhh.

BECK I can take it's the GOONS at  Goldline, that make me puke.

Ever call them?.Try it,unless tactics have changed they immediately try and sell you Semi Num shit...........for TOP DOLLA GI.

Then we have Der Fuher's Re-Election Ads......gag a friggin maggot.

Achwefkintung you Gold bitchezz!!!!!!!!!!!!!

Thu, 08/11/2011 - 11:37 | 1551073 The Wolf
The Wolf's picture

I have never had the pleasure of talking to Goldline... but it don't suprise me if they try to jam you with $2500 of coin with $560 of gold...

 

Thu, 08/11/2011 - 09:23 | 1550436 Fish Gone Bad
Fish Gone Bad's picture

and just before the US markets open...

Thu, 08/11/2011 - 09:24 | 1550449 Debtless
Debtless's picture

Check the batteries.

Thu, 08/11/2011 - 09:25 | 1550451 the not so migh...
the not so mighty maximiza's picture

Berlocosii "accidently" tripped over the power cord.

Thu, 08/11/2011 - 09:25 | 1550456 Tipo anónimo
Tipo anónimo's picture

Scram Nico, and prop that sucka back up w/ the Berlusconni.

Thu, 08/11/2011 - 09:26 | 1550463 Steroid
Steroid's picture

Who is the next domino?

Thu, 08/11/2011 - 09:54 | 1550558 TruthInSunshine
TruthInSunshine's picture

Smart money says France, and while this is probabilistic, I'm forward looking and am already casting eyes towards England, which will really be a killer trade given the highly concentrated banking/financial services sector (aka parasitic industries) located there.

London Bridge is falling down

falling down

falling down

London Bridge is falling down

The Bern-nank broke it

Thu, 08/11/2011 - 09:26 | 1550464 pnfteixeira
pnfteixeira's picture

But brokes when the Indices are recovering?...

Thu, 08/11/2011 - 09:26 | 1550465 buzzsaw99
buzzsaw99's picture

technical problems, yeah, like the bid just evaporated. lolololololol

Thu, 08/11/2011 - 09:28 | 1550483 jus_lite_reading
jus_lite_reading's picture

^^THIS^^^ +16.9 trillion X QE infinity = +$999 nonillion!!!

Thu, 08/11/2011 - 09:26 | 1550469 PontifexMaximus
PontifexMaximus's picture

SNB is gainng political support to go ahead with 'unknown' steps, already charging for liquidity, futher steps will follow.

Thu, 08/11/2011 - 09:26 | 1550470 papaswamp
papaswamp's picture

Someone banged their intern off the table and onto the mainframe?

Thu, 08/11/2011 - 09:32 | 1550505 Muddy1
Muddy1's picture

LMAO, at least somebody is getting lucky

Thu, 08/11/2011 - 09:27 | 1550472 urbanelf
urbanelf's picture

Mama mia!  Why you looka so sad?

Thu, 08/11/2011 - 09:27 | 1550473 LongSoupLine
LongSoupLine's picture

Lots of irony here with the term, "Rome is burning".

Thu, 08/11/2011 - 09:27 | 1550474 TideFighter
TideFighter's picture

The circuit breaker is in the Durango room.

Thu, 08/11/2011 - 09:27 | 1550476 Rastadamus
Rastadamus's picture

Babylon can burn for all I care..... Got gold?

 

Thu, 08/11/2011 - 09:27 | 1550478 Eagle Keeper
Eagle Keeper's picture

Their way of banning shorts?

Thu, 08/11/2011 - 09:28 | 1550485 Manthong
Manthong's picture

Nobody said it yet..  It's TRANSITORY.

Thu, 08/11/2011 - 09:28 | 1550486 Dick Darlington
Dick Darlington's picture

Maybe the old fool Trichet was on the wrong side and panic struck immediately. It's a hard task for a senile head of europonzi to tell the difference between buy and sell. They don't teach that in the academia.

Thu, 08/11/2011 - 09:29 | 1550488 Jim in MN
Jim in MN's picture

It will be fixed following a coffee break, fingernail cleaning, skirt ogling, and money passed under the counter. 

And another coffee break.

Then it will not break for several more bank stoppages.  Then it...will.

Viva Italia!

Thu, 08/11/2011 - 09:29 | 1550489 Paralympic Equity
Paralympic Equity's picture

FRA OIS Spread went parabolic

Thu, 08/11/2011 - 09:29 | 1550490 LongSoupLine
LongSoupLine's picture

Tyler,

is it a coincidence that silver fell off a cliff (and through support channels) at the exact same time?

Thu, 08/11/2011 - 10:37 | 1550780 ViewfromUnderth...
ViewfromUndertheBridge's picture

you betta calc. yr support channels differently if you want to get out of that line...mine are well intact...July 5 $33.85/Aug 9 $36.91 (which I took to be a test and bounce off $36.76 S/R line) looks good to me. UCA (Usual Caveats Apply)

Thu, 08/11/2011 - 09:30 | 1550499 MrMorden
MrMorden's picture

Leave the gun, take the cannoli.

Thu, 08/11/2011 - 09:30 | 1550500 The Wolf
The Wolf's picture

Those who cannot remember the past are condemned to repeat it without a sense of ironic futility.
Errol Morris

Thu, 08/11/2011 - 09:34 | 1550519 Freewheelin Franklin
Freewheelin Franklin's picture

Time for all the mammonis to go home.

Thu, 08/11/2011 - 09:38 | 1550537 Sweet Chicken
Sweet Chicken's picture

When does football season start again?!

Thu, 08/11/2011 - 09:42 | 1550555 A Dim View
A Dim View's picture

Not soon enough

Thu, 08/11/2011 - 09:44 | 1550561 VogonPoet
VogonPoet's picture

tshirt please

Thu, 08/11/2011 - 09:45 | 1550564 Dave Thomas
Dave Thomas's picture

And in the time it takes them to fix the exchange, the government in Italy changes 6 times!

Thu, 08/11/2011 - 09:47 | 1550573 WoodMizer
WoodMizer's picture

Last night's bunga bunga party ran late, and the bambichoni at the exchange called in "sick".

Thu, 08/11/2011 - 09:50 | 1550581 SheepDog-One
SheepDog-One's picture

Wow apparently further implosion into the abyss is great for the DOW up +200. Well for this hour anyway. 

Thu, 08/11/2011 - 09:57 | 1550614 TruthInSunshine
TruthInSunshine's picture

The Dow is being inflated for the same reason that a corpse bloats.

Noxious gases.

Many will claim I am pessimistic, but I say that we're in for another day of epic fun this afternoon.

There's no such thing as oversold at Ben Bernank's 'Storage Wars.'

Don't be late.

Thu, 08/11/2011 - 10:05 | 1550640 treemagnet
treemagnet's picture

Pessimistic?  not even close.  I'm going with the "weekend at Bernie's" dow ramp metaphor.

Thu, 08/11/2011 - 10:06 | 1550645 treemagnet
treemagnet's picture

These assholes need to check their dance card - it gets worse as the music plays on.

Thu, 08/11/2011 - 10:17 | 1550689 Pizza spaghetti...
Pizza spaghetti and mandolino's picture

It's some time I noticed: on Italy you' re getting constantly wrong, dear Tyler. You seem also quite a lot prejudiced. Probably you rely too much on Anglo-Saxon press. The Italian Treasury has just sold 6.5 billion euro bonds at 2.959% total rate, with bid to cover at 1.994.

Also on the secondary market the Bund differential is at 297 down from over 400. The yearly deficit is at 1.7 % including the cost for the Greek bonds (so fully "amortized"). The Italian Parliamentary commission are open on August to brring down the deficit to zero by 2013 at latest. The Italian public debt has been hovering the 110 / 120 % for decades now, because the Italian households have constantly bought the Italian Treasuries. Also, among the Western economies the Italian households have the lowest debt to GDP ratio and among the hihest saving rate.

Dear Tyler, let me suggest yuo first learn Italian, then read Italian sources and only then comment on Italy. That includes also Berlusconi bunga bunga because it has only a lond smear campaign. Even Ruby Rubacuori (Steal Stealheart) has denied having had underage sex with him.

By the way Ruby Rubacuori is not the innocent teenager you may have read of on Anglo-Saxon press, but a paid lap dancer, hired for blakmailing the Italian PM.

 

Thu, 08/11/2011 - 10:40 | 1550798 TruthInSunshine
TruthInSunshine's picture

by Pizza spaghetti...
on Thu, 08/11/2011 - 10:17
#1550689

Whya yuuua gotta bee-a  a pickin' on-a Italia?

 

If you think that's bad, wait until you read what he (and most of us) think of France, the U.K., Spain (basically the EU), Japan or the U.S.

Thu, 08/11/2011 - 10:41 | 1550806 treemagnet
treemagnet's picture

So does this mean you're going to limit your opinions to Italy?  Something tells me you feel you're qualified to comment on other sovereign issues as well.......just saying.

Thu, 08/11/2011 - 11:35 | 1551027 HedgetBedgadget
HedgetBedgadget's picture

They are just creating smoke so that they feel better and don't see the MONSTER debt they have (Americanz and Brits).

 

Italy is the country that has the World's third largest gold reserves.

Almost 70% of the debt is Italian owned.

The Antichrist made Italy it's home (Vatican).

The largest and the absolute corporation on the Earth has its HQ there (The Catholic Church).

Italy has the best  special operations trained boys: The Mafia.

 

Italy will be there till the end of times.

Thu, 08/11/2011 - 11:34 | 1551049 The Wolf
The Wolf's picture

I think you might find that Berlo has just changed another law making it legal for the PM to "have sex with paid lap dancers tasked with blackmailing"...

Nothing to see here...move along...

Thu, 08/11/2011 - 10:21 | 1550709 snowball777
snowball777's picture

Non posso fare quello, Dave.

Thu, 08/11/2011 - 11:36 | 1551061 Freewheelin Franklin
Freewheelin Franklin's picture

Mama Mia that's a spicy a meatball!

Wed, 09/14/2011 - 05:51 | 1667689 chinawholesaler
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