This page has been archived and commenting is disabled.
Another Rumor Of A Plan For A Conference Call To Bail Out Everyone
Just in case the epic collapse in the NY ISM (an indicator virtually nobody had heard of until today) which tumbled from 61.2 to a 49.9 contraction, was not enough of a hint that the economic virtuous cycle is a myth, and that CTRL-P'ing will be required, here comes the latest rumor via Reuters:
- G7 FINANCE MINISTERS AND CENTRAL BANK GOVERNORS TO HOLD PHONE CALL ON EUROPE TUESDAY MORNING - CANADA FINANCE SPOKESWOMAN
Will they discuss just any old plan, or DAS MEISTER PLAN? Stop talking about and just do it already. It's not like anyone expects it.
From Reuters:
Finance ministers from the Group of 20 will discuss the European debt crisis on Tuesday, Canadian Finance Minister Jim Flaherty said on Monday.
Asked whether the crisis was an issue for the G20, Flaherty told reporters: "I've been having discussions and I will have more discussions tomorrow morning, and subsequently with my G7 colleagues."
He added: "Those discussions also take place with some of the non-European members of the G20 ... who are concerned around the world outside of the euro zone with the potential consequences of a crisis in the euro zone, particularly a banking crisis."
Flaherty did not provide details about which colleagues he was speaking to and what the result of the talks might be.
Leaders of the G20 advanced and emerging economies will meet in Mexico June 18-19 and Europe is likely to dominate the agenda.
On Monday, financial markets were rattled by the deepening problems in the euro zone, as well as by disappointing U.S. jobs data and weak Chinese manufacturing figures, all of which spurred more concern about the global growth outlook.
Flaherty said Canada's economy was in relatively good shape compared with other industrialized nations, although he noted that employment data has been "a bit bumpy" in recent months, and that Canada could be hit by Europe's troubles.
"The real concern right now is Europe of course - the weakness in some of the banks in Europe, the fact they're undercapitalized, the fact the other European countries in the euro zone have not taken sufficient action yet to address those issues of undercapitalization of banks and building an adequate firewall," he told reporters.
"So this is a continuing concern."
»
- 6257 reads
- Printer-friendly version
- Send to friend
- advertisements -
Will the US congress be on the line....
Thanks for nuttin canada
One plan to rule them all: Das Überkonzept!
Oh good.. I was worried that there might not be a rumor of a call to plan a meeting to discuss a potential temporary fix for a definite permanent insolvency.
Canadian Minister of Movies : "As you can see from this pie chart, the entire Canadian economy relies on Terrance and Philip..."
Nobody panic!
there will be donoughts.
Douchebags on parade.
Canada has no right to be in dicussion for bailing out others....Canada basically is just an excuse for a country and thinks that allowing immigrants in is the best way to raise the standard of living....when in actuality, the goverment is just financially supporting these immigrants who take advantage of the social welfare system there.
And thanks to the US Fed, Canada can keep funding its immigration programs...
true enough...however coming from a fat redneck, 0 % beer swilling, football tailgaiting confederate; that's the melting pot calling the kettle black...
...and in depresion bind them
In the Federal Reserve, where Bernanke lies.
Time to issue those Gold backed bonds you have been discussing EU! The longer you wait the more pain it will be.
http://silverliberationarmy.blogspot.ca/
NY ISM: ugly.....employment now contracting. No shock here though.....
http://www.ismny.org/newsimages/ISM-New%20York%20May%202012%20Report%20On%20Business.pdf
I just received an email that Nigeria has set aside the funds to bail out the EZ, but in order to process the transaction they will need to receive a wire in the amount of $4,000.00 from one Herman Van Rompuy.
Wasn't this already decided at the recent Bilderberg meeting? Isn't that where all the world's superstar central planners meet to decide what's best for them... I mean us?
Meeting Minutes:
USA: Germany, I TOLD you to bail them out MONTHS ago!!
P-I-I-G-S-F: yeah, bail us out (heh, heh)!
Germany: Ahh, do I HAVE to?! Everyone else is just spending and having fun ... why do I ALWAYS have to ... ?!
USA: Just get in there and DO IT! I want them bailed out by tomorrow, or else!!!
we have a plan to make a plan..lol
Correction, we have a plan for a meeting to plan for upcoming meetings where meeting plans will be planned.
A CENTRAL location no doubt...
“It’s the schemers that put you where you are. You were a schemer, you had plans, and uh, look where that got you. I just did what I do best. I took your little plan and I turned it on itself. Look what I did to this city with a few drums of gas and a couple of bullets. You know what I noticed? Nobody panics when things go according to plan. Even if the plan is horrifying. If tomorrow I tell the press that like a gang banger will get shot, or a truckload of soldiers will be blown up, nobody panics, because it’s all, part of the plan. But when I say that one little old mayor will die, well then everyone loses their minds! Introduce a little anarchy. Upset the established order, and everything becomes chaos. I'm an agent of chaos. Oh, and you know the thing about chaos? It's fair."
~ The Joker
Here's how the call will go...
ringgg...ringgg..., "Hello?"
"Hello, this is...click...beep, beep, beep...
"Fucking AT&T!!"
Perhaps they should Skype.
Will Obama call on his thingamajing?
[Phone rings..Clink of receiver being lifted]
"Hello..?"
"Yes, a collect call for Mrs. Floyd from Mr. Floyd.
Will you accept the charges from United States?"
[clunk! of phone being put down]
"Oh, He hung up! That's your residence, right? I wonder why he hung up?
Is there supposed to be someone else there besides your wife there to answer?"
[Phone rings again...clunk of receiver being picked up]
"Hello?"
"This is United States calling, are we reaching...
[interrupted by phone being put down]
"See he keeps hanging up, and it's a man answering."
[whirr of connection being closed]
So we all agree? Germany gives us more money....
Or is it the Money Shot?
I kick in "Metallica - MASTER of Puppets"
Dont think the algos bit on this one. Looks like algos on sell mode this morn, ppt to intervene in 1 hour 23 minutes..
one ringy dingy
two ringy dingy...
Love the Lily Tomlin reference.
I love it when stocks are like "Shit! I can't believe we fell for it AGAIN!"
How about a G99 conference tomorrow morning ? ... with pitchforks !
Oh Canada. You're headed for you own real estate bubble calamity in the next 12 months.
I've been hearing that since 2008. I guess one day it will come true.....one day.
on a long enough timeline....
The temporary forces holding the US dollar up are the same ones holding the Canadian real estate market up. The world is scared shitless, and as a result they're buying up anything that looks expensive. Psychology can be a bitch, but reality always comes out victorious in the end.
Someone grab a bucket! AAPL looks like it's turning green in the face and may be about to blow chunks!
http://fiatflaws.blogspot.com/
A phone call...WTF? I thought they only used lavish summits to not accomplish things. This kind of fiscal responsibility will not stand!!!
The catering company is going to be pissed, they ordered in a lot of Beluga in anticipation of a face to face.
It has been argued that "Hitler and the Reich had a Grand Strategy for the running of Europe." of course you'll need a couple of huge banks to do that.
Maybe they are all going to buy Fecebook shares?
"Will they discuss just any old plan, or DAS MASTER PLAN? Stop talking about and just do it already. It's not like anyone expects it."
That's the cunning part. No-one expects the Spanish (Bond) Inquisition!
The excitement is killing me.
Flaherty doesn't know he is speaking to or what the results might be? This "meeting" is complete bullshit. This is fucking news for Reuters?
There is NOTHING good going on in the world these days.
This is exactly why they need rumors.
We'll know it is fixed when it isn't broken anymore.
http://dilbert.comhttp://dilbert.com/strips/comic/2007-01-14/
hi evrybuddy! tCal here!
we should all be on page 4,236,890 of fiatAppendixXXVII now
so please turn there now, in yer digital fiatscoes4Dummiez playbooks, k?
yep! the exploding golf ball!
then, when angela recovers, we'll sit her on a whopee cushion and give her an ex-lax milkshake in a dribble glass
Die Endlösung!
Ze final zolution.
Just behave as if cheap christian louboutin is the first time you ever saw him and also as if he is the first man you ever saw red bottom shoes. So no, you have never before encountered male muscles, or that Christian Louboutin Peep Toe, or that after-dark stubble. Treat each Christian Louboutin Sandals as a first, it doesn't matter if you have been married to the man for 20 years or Christian Louboutin Flats is your second date. Never lose the wonder. http://www.cheaplouboutinsredbottom.com/
Shake up your weekend and mix with the Cheap Jimmy Choo and strait-laced of ladies at this once a year event. The high Jimmy Choo Shoes are punctuated with live music and other such fancy entertainments. A magnificently slick Jimmy Choo Pumps is complemented perfectly by Jimmy Choo Bridal Shoes and posh nosh and provides you with the perfect Jimmy Choo Sandals to truly glam up and let your hair down. http://www.cheapjimmychoosaleuk.com/
I figured out my personal nba shoes. As I was whittling down the contents of my closet, I decided what I liked about nba players shoes. I noticed I tend to gravitate towards neutral colors and like to pull my outfit together with fun, cheap nba jerseys - such as a wide brim hat, a faux fur scarf, or Tracy Mcgrady Shoes, etc. - to give it a personal touch or two. Even if I deviate from my neutral Kobe Bryant Shoes, O.T.T. (over the top) print in the form of paisley genie pants Derrick Rose Shoes, I know it will work with the foundational pieces I already have. http://www.nbaplayerstarshoes.com/
I figured out my personal nba shoes. As I was whittling down the contents of my closet, I decided what I liked about nba players shoes. I noticed I tend to gravitate towards neutral colors and like to pull my outfit together with fun, cheap nba jerseys - such as a wide brim hat, a faux fur scarf, or Tracy Mcgrady Shoes, etc. - to give it a personal touch or two. Even if I deviate from my neutral Kobe Bryant Shoes, O.T.T. (over the top) print in the form of paisley genie pants Derrick Rose Shoes, I know it will work with the foundational pieces I already have. http://www.nbaplayerstarshoes.com/