And In The Meantime, The German Stock Market Plummets

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Thu, 08/25/2011 - 10:13 | 1599274 unky
unky's picture

Might have something to do with problems in the german coalition (CDU and FDP)

Thu, 08/25/2011 - 10:14 | 1599283 HelluvaEngineer
HelluvaEngineer's picture

That or the global depression.  Hard to say.

Thu, 08/25/2011 - 10:20 | 1599330 Fish Gone Bad
Fish Gone Bad's picture

The DAX got the ax.

Thu, 08/25/2011 - 10:24 | 1599353 caerus
caerus's picture

lol

Thu, 08/25/2011 - 10:29 | 1599378 WonderDawg
WonderDawg's picture

The PPT took their eyes off Germany for a couple of minutes and look what happens. Should be interesting to watch the markets seesaw this morning as the global PPT bounces between Europe and US markets.

Thu, 08/25/2011 - 10:41 | 1599446 gmrpeabody
gmrpeabody's picture

There are a lot of balls being kept in the air...

Best to not look away.

Thu, 08/25/2011 - 10:48 | 1599496 espirit
espirit's picture

Fin's aren't going to rollover and take less than GOLD for their support.

So there!

Thu, 08/25/2011 - 10:55 | 1599537 Phillips Capital
Phillips Capital's picture

Did the Rothschild's just go long XLF and short DAX???!?!?! Cheeky bastards!  

Thu, 08/25/2011 - 10:30 | 1599360 DormRoom
DormRoom's picture

there is not a global depression.  The state of a nation's economy is reflected in its balance sheet, prior to QE, and its money supply.

 

Asia Pacific-Brazil-Infation

US, Europe, Japan- deflation.

UK - stagflation

 

QE indirectly distorts a nation's money supply, from the currency markets, as hot money flows into it, and a central banks have to print money to offset currency appreciation, thereby increasing the money supply.

 

externalities.

 

Thu, 08/25/2011 - 10:51 | 1599516 He_Who Carried ...
He_Who Carried The Sun's picture

Its been the US Jobless Numbers, silly. Look at the time and "no rebound"?

Better look again:

 

http://www.boerse-frankfurt.de/DE/index.aspx?pageID=168

Thu, 08/25/2011 - 11:22 | 1599709 hunglow
hunglow's picture

That is a pencil holder, right?

Thu, 08/25/2011 - 11:16 | 1599671 It is a bargin ...
It is a bargin my friend's picture

HE -I just laughed so hard at that a bit of wee came out......I should get that checked out really

Thu, 08/25/2011 - 10:18 | 1599307 slaughterer
slaughterer's picture

Well, I guess size does matter for Germans:

  • German finance minister says EFSF in current size "will be sufficient" Thu, 09:10 25-08-2011
  • Thu, 08/25/2011 - 10:20 | 1599320 unky
    unky's picture

    German finance minister is a disabled gay lier

    Thu, 08/25/2011 - 10:43 | 1599463 gmrpeabody
    gmrpeabody's picture

    Ouch...

    I take it you have inside information.

    Thu, 08/25/2011 - 11:09 | 1599630 PY-129-20
    PY-129-20's picture

    Disabled - well he was shot three times...(Smith and Wesson, cal .38)
    Gay - who knows - well officially he is married and has children. But does it matter?

    Your last point - liar. Well, yes and yes. He is a thief and a liar and someone that has no respect for the general public or the parliament or democracy. That's why I really dislike him and what even makes me furious at times.

    Thu, 08/25/2011 - 10:21 | 1599333 Silver Dreamer
    Silver Dreamer's picture

    It's not the size that matters but how you use it, ehh? lol  In that case they're screwed twice over.

    Thu, 08/25/2011 - 10:36 | 1599420 DaveyJones
    DaveyJones's picture

    if they hadn't removed their financial condoms before screwing everyone, we'd all be healthier.

    Thu, 08/25/2011 - 10:30 | 1599386 BlackholeDivestment
    BlackholeDivestment's picture

    ''problems in the german coalition'', you mean like this >>> http://www.spiegel.de/international/germany/0,1518,782171,00.html

    Thu, 08/25/2011 - 10:32 | 1599402 unky
    unky's picture

    yes, this and other things. but honestly i doubt this could lead to such a sharp sell-off. i guess we will hear about what it was later on today

    Thu, 08/25/2011 - 10:13 | 1599276 John Bigboote
    John Bigboote's picture

    "kindly-looking, ukulele-playing, no-income-tax-paying billionaire"

    So fucking hilarious!

    Thu, 08/25/2011 - 10:28 | 1599369 Almost Solvent
    Almost Solvent's picture

    And I know of many decent, hard working middle-class ukulele-playing ordinary citizens who now have to be lumped in with Comrade Buffet.

     

    Thu, 08/25/2011 - 10:44 | 1599466 snowball777
    snowball777's picture

    They aren't too kindly-looking of late and do pay taxes; no lumpenproling required.

    Thu, 08/25/2011 - 10:48 | 1599494 Helmholtz Watson
    Helmholtz Watson's picture

    "kindly-looking, ukulele-playing, no-income-tax-paying billionaire"

    Ich bin ein has-beener

    Thu, 08/25/2011 - 10:14 | 1599279 slaughterer
    slaughterer's picture

    DAX: it is just Buffet pulling his money out of German companies to cover his check to Moynihan.

    Thu, 08/25/2011 - 10:16 | 1599293 BurningFuld
    BurningFuld's picture

    You could be onto something there. Buffet sees the Euro biting the dust first.

    Thu, 08/25/2011 - 10:27 | 1599364 ZeroPower
    ZeroPower's picture

    DAX is down on short selling ban rumors...hearing this from traders this afternoon.

     

    Thu, 08/25/2011 - 10:14 | 1599284 TradingJoe
    TradingJoe's picture

    Das war aber schnell! Gell?!?! :)))

    Thu, 08/25/2011 - 10:19 | 1599298 Frog-And-Toad
    Frog-And-Toad's picture

    Auch, meine Pensionskasse!

    Thu, 08/25/2011 - 10:16 | 1599291 Ancona
    Ancona's picture

    Acupulco Cliff Diving Bitchezzzzz.

    Uno mas Corona por favor camarerro.

    Thu, 08/25/2011 - 10:16 | 1599294 anyways
    anyways's picture

    Könnte auch fat finger gewesen sein..

    Thu, 08/25/2011 - 10:22 | 1599341 TradingJoe
    TradingJoe's picture

    Wessen Finger?! :))) Warren's?! :)))

    Thu, 08/25/2011 - 10:37 | 1599426 NumberNone
    NumberNone's picture

    Waffe & Reich take responsibility.

    Thu, 08/25/2011 - 10:16 | 1599295 slaughterer
    slaughterer's picture

    NYSE brought the "flash crash" virus to Frankfurt. 

    Thu, 08/25/2011 - 10:18 | 1599306 Irish66
    Irish66's picture

    Volume?

    Thu, 08/25/2011 - 10:37 | 1599423 fx
    fx's picture

    Huge volume

    Thu, 08/25/2011 - 10:19 | 1599310 Oh regional Indian
    Oh regional Indian's picture

    I had to laugh when I read this:

    "oh, and tomorrow, the short-selling bank is supposed to expire"

    Perhaps will be seen as a really prophetic, freudian slip. Funny!

    Vivek

    http://aadivaahan.wordpress.com/2011/08/24/precursor-03-bottom-falling-out-still-still-and-a-gander/

    Thu, 08/25/2011 - 10:44 | 1599471 Founders Keeper
    Founders Keeper's picture

    Caught that. 

    (sic)/off.

     

     

    Thu, 08/25/2011 - 10:19 | 1599312 scratch_and_sniff
    scratch_and_sniff's picture

    BTFD!!!

    Thu, 08/25/2011 - 10:19 | 1599314 slaughterer
    slaughterer's picture

    Wo ist Brian Sack? 

    Thu, 08/25/2011 - 10:19 | 1599316 Irish66
    Irish66's picture

    Utility stocks

    Thu, 08/25/2011 - 10:19 | 1599317 IMA5U
    IMA5U's picture

    it does not mater tyler    people are in bliss until september

     

    (actually people got caught too short and this is a short squeeze worthy of 2008)

    Thu, 08/25/2011 - 10:20 | 1599324 bigfire
    bigfire's picture

    Mother of Chrome, WTF was that?  Jesus on a pogo stick, we're heading for a wild ride.

    Thu, 08/25/2011 - 10:20 | 1599325 lizzy36
    lizzy36's picture

    Rumors of a German Downgrade.

    Maybe due to this? :

    the ECB has effectively left Germany holding the bag to the entire European bailout via the blank check SPV. The cost if things go wrong: a third of the country economic output, and the worst case scenario: a depression the likes of which Germany has not seen since the 1920-30s. Oh, and if France gets downgraded, Germany's pro rata share of funding the EFSF jumps to a mindboggling €1.385 trillion, or 56% of German GDP!"

    http://www.zerohedge.com/news/merkel-facing-german-revolt-over-greek-bailout

    Thu, 08/25/2011 - 10:26 | 1599361 unky
    unky's picture

    Germany is the last one to be downgraded. First of all Germany will ask to have Gold as collateral for new loans to the PIIG countries (http://www.spiegel.de/wirtschaft/soziales/0,1518,781885,00.html) then, when they have it all, they will bancrupt Germany and hand the Gold over to the U.S. (to the Fed for example). Fortunately most of the Gold already resides in NY vaults

    Thu, 08/25/2011 - 10:50 | 1599509 gmrpeabody
    gmrpeabody's picture

    Funny, but most of us think the vaults hold a lot less than you do. At least, the public vaults.

    Thu, 08/25/2011 - 11:06 | 1599608 unky
    unky's picture

    yes true, but just like what Chavez did they want to avoid: Someone requesting their gold. THerefore it will not matter if the vaults just contain gold plated tungsten

    Thu, 08/25/2011 - 10:35 | 1599417 snowball777
    snowball777's picture

    It's all good...assuming they can convince the PIIGS to put up 33k tonne of 'collateral'. LOL

    Thu, 08/25/2011 - 10:58 | 1599553 IMA5U
    IMA5U's picture

    bloomberg keeps on trying to blame the german stock mkt puke on "flash crash"

     

    the liberal media working for the administration

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