• Sprott Money
    04/29/2016 - 05:58
    There is unfortunately no basis for renewed optimism that this current litigation will have any meaningful impact on precious metals manipulation – with respect to either silver or gold.

Did Papandreou Just Get The Worst Possible News?

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 09/17/2011 - 11:40 | 1679707 Prescient_Point
Prescient_Point's picture

Hope this weekend turns out to better than the last one... I have high hopes on you greece ;)

Sat, 09/17/2011 - 11:49 | 1679725 Tense INDIAN
Tense INDIAN's picture

me too....very HIGH HOPES 

Sat, 09/17/2011 - 12:00 | 1679744 DeadFred
DeadFred's picture

It seems he understands one of the cardinal rules of governing, don't leave the country when your military is a tad irritated with you. Coup bitchez!

Sat, 09/17/2011 - 12:13 | 1679769 nope-1004
nope-1004's picture

I can't believe anyone would come to the US and the sole purpose would be to talk with Geithner.  That is a complete waste of time.

I'd let Geithner beg to me over the phone to keep the ponzi going - no need to fly to the US and listen to him plead in person.

Maybe, just maybe, the banks are in trouble.  I dunno.

Sat, 09/17/2011 - 12:20 | 1679783 spiral_eyes
spiral_eyes's picture

Tim Geithner should fuck off back to Goldman Sachs. 

Leave Europe and America alone!


Sat, 09/17/2011 - 12:35 | 1679832 Doña K
Doña K's picture

Best outcome for Greece is for another PIIG to default first.

Sat, 09/17/2011 - 13:19 | 1679977 Doña K
Doña K's picture

The Greeks are getting another warning via Turkey!

The banksters control. If you don't shape up, we will unleash Turkey against you.


Sat, 09/17/2011 - 13:31 | 1680003 Manthong
Manthong's picture

..or a significant military intervention in one of the "grave and gathering threat" countries out there.

Sat, 09/17/2011 - 14:13 | 1680045 Spirit Of Truth
Spirit Of Truth's picture

We are in a window for potential mass panic:



Sat, 09/17/2011 - 17:14 | 1680536 AldousHuxley
AldousHuxley's picture

No blood, no revolution.

Greeks need to start burning shit down. Start with bankster's property. Then move over to politicians.

Sat, 09/17/2011 - 17:49 | 1680608 smiler03
smiler03's picture

I think reading tea leaves is probably more accurate than "utilizing the lunar-based Hebrew calendar."

Sat, 09/17/2011 - 23:54 | 1681194 Spirit Of Truth
Spirit Of Truth's picture

The 1929, 1987 and 1997 (Hong Kong) stock market crashes all occurred on the same day on the lunar (Hebrew) calendar:

 Autumn Panics: A Calendar Phenomenon

What are the odds of that?

I'm just pointing out the facts.  How you deal with that is your choice.

Sun, 09/18/2011 - 00:02 | 1681267 Cliff Claven Cheers
Cliff Claven Cheers's picture

Some guy did a study and wrote a paper, so it must be true.

Sat, 09/17/2011 - 14:29 | 1680112 Which is worse ...
Which is worse - bankers or terrorists's picture

Once the G leaves do we call it PISS?

Sat, 09/17/2011 - 13:32 | 1680004 Lord Welligton
Lord Welligton's picture

Another thing.

Geithner was just in Europe. Whatever he had to say he could have, and did say then.

So why the visit in the first place.

But the really intriguing thing is obviously.


Why turn back when you are already on your way there.


Sat, 09/17/2011 - 21:30 | 1680745 Pegasus Muse
Pegasus Muse's picture

"... I have high hopes on you greece ;) "

"me too....very HIGH HOPES"

me three .... High Hopes .... http://www.youtube.com/watch?v=nIDLC8M4R28&feature=related 

Sun, 09/18/2011 - 00:02 | 1681260 Spirit Of Truth
Spirit Of Truth's picture

High hopes?

I got that SOOOO beat!


Sat, 09/17/2011 - 13:27 | 1679992 HCSKnight
HCSKnight's picture

Greece = Bear Sterns.  So in little Timmy's fantasy world, like taxes, he's technically not lying when he says they wont let another Lehman occur.

The question now is who is the Lehman....

Sat, 09/17/2011 - 14:13 | 1680090 FinalCollapse
FinalCollapse's picture


Sat, 09/17/2011 - 16:38 | 1680447 Silver Bug
Silver Bug's picture

Greece is already in shambles. They need to just suck it up and finish the EURO. It is a flawed currency from the start. Just as every other FIAT currency is. But the EURO especially because of the way debt was carried forward once established. Goodbye Greece, and thanks for all the Fish!



Sat, 09/17/2011 - 11:41 | 1679708 freethinker4now
freethinker4now's picture

Let is burn down, down to the ground. Lets go back to being good neighbours, good people and not just money hungry fools.

Sat, 09/17/2011 - 12:11 | 1679765 Oh regional Indian
Oh regional Indian's picture

Well said freetfn.

Hear Hear, outside of coals to newcastle, who is listening listening?



Sat, 09/17/2011 - 11:42 | 1679709 Infinite QE
Infinite QE's picture

Canceled because Berlusconi is coming over for a bunga-bunga party.

Sat, 09/17/2011 - 11:43 | 1679714 Gubbmint Cheese
Gubbmint Cheese's picture

Take this petulant child out to the woodshed and paint his barndoor fire engine red.

Sat, 09/17/2011 - 11:44 | 1679715 zorba THE GREEK
zorba THE GREEK's picture

It is cancelled because it's been decided to bail out Greece one more time


Sat, 09/17/2011 - 12:37 | 1679845 Doña K
Doña K's picture


Are Greeks allowed to buy bullion gold in Greece? and if so have they been buying?

Sat, 09/17/2011 - 14:15 | 1680094 Minoan
Minoan's picture

They are,but with a 20% premium the official way it's just wrong.Not to mention that Central Bank wants your full data to proceed.


Sat, 09/17/2011 - 14:47 | 1680141 pantheo
pantheo's picture

buy from Piraeas aderfe. den rotane tipota.

Sat, 09/17/2011 - 14:56 | 1680158 Minoan
Minoan's picture

I wish i could.With my few savings i bought silver a year ago.

Sat, 09/17/2011 - 11:45 | 1679716 Conrad Murray
Conrad Murray's picture

Oh, Paulie...won't see him no more.

Sat, 09/17/2011 - 11:45 | 1679717 centerline
centerline's picture

Wow.  What a regular soap opera this has become.

Sat, 09/17/2011 - 11:45 | 1679718 Cdad
Cdad's picture

Well, Paps obviously did not hear all the rumors that Greece is fixed again.  Doesn't he understand the inherent healing power of criminal syndicate Wall Street banker rumor mongering [to cash in upside calls on option expiry day]?


Sat, 09/17/2011 - 12:13 | 1679771 Oh regional Indian
Oh regional Indian's picture

I think he feared returning to being nothing but a Pap smear in Greek Memory.



Sat, 09/17/2011 - 12:22 | 1679786 CrashisOptimistic
CrashisOptimistic's picture

The way it reads suggests the Finance Ministry told him something horrible.  The obvious thing to suspect is that the deficit is far worse than previously reported and Eurostat will have to be informed.

And maybe a cherry on top might be . . . evidence some of the EU's/IMF's 1st tranche bailout was stolen and has disappeared.

That would just about end the party.

Sun, 09/18/2011 - 00:25 | 1681297 gmj
gmj's picture

You're kidding, the Greeks miscalculated their debt?  Mon Dieu!  Were any Goldman Sachs people lurking about?

Sat, 09/17/2011 - 11:47 | 1679721 EdwardTeach
EdwardTeach's picture

Could be the Turkish warships sitting off the Cypress coast. Warning the Greeks not to drill.

Sat, 09/17/2011 - 13:20 | 1679980 EdwardTeach
EdwardTeach's picture

And now this.
Turkey's European Union Affairs Minister Egemen Ba??? walked out of a conference in Yalta, Ukraine on Friday night

Military tension is building up among Greece, Turkey and Israel as Cyprus prepares to start exploratory drilling for gas offshore Monday, Sept. 19 in the face of threats from Ankara. All three have placed their air and sea forces in a state of preparedness along with the Cypriot army.

Sat, 09/17/2011 - 13:34 | 1680008 Lord Welligton
Lord Welligton's picture

Well that would certainly take their, and our, minds off the financial crisis.

Sat, 09/17/2011 - 13:54 | 1680048 Fiat Money
Fiat Money's picture

DELICIOUS!  and which side will that despicable little war state come down on? 

  Up till now (since "fall of communism" & "end of cold war" days) they have been pretty good at playing ALL sides against the middle - TALKING "freedom & democracy!" while SUPPORTING thug dictators in bahrain, libya, saudi, (etc.);  supporting puppet dictator saakashvili's war in S.Ossettia (georgia), while simultaneously "PRIVATIZING" all the wealth OUT of russia they can get their paws on;  CLAIMING that they are "EXPERTS" on America's economic 'leadership,' while OUTSOURCING usa jobs to chi-com china (etc etc etc etc.)  - but sooner or later, ya got to put down your chips, and place your bets!   and take sides - and THEN maybe folks will start to take notice?  

Sat, 09/17/2011 - 11:48 | 1679722 mfoste1
mfoste1's picture

aka prepare for default

Sat, 09/17/2011 - 12:14 | 1679774 drivenZ
drivenZ's picture

aka prep for more Greeks lighting themselves on fire

Sat, 09/17/2011 - 11:49 | 1679724 RobotTrader
RobotTrader's picture

The day that Greece defaults

The Dow will be up 500 points on the news

There will be a huge sigh of relief once that country is cut off and left to flounder on its own.

Hurry up and get it over with so we can resume the economic recovery and remove all this uncertainty.

Sat, 09/17/2011 - 11:55 | 1679733 lizzy36
lizzy36's picture

Controlled implosion or contagion explosion?

There is never just one cockroach.


Sat, 09/17/2011 - 11:59 | 1679741 Bam_Man
Bam_Man's picture

resume the economic recovery

Yes, it's "uncertainty" about Greece that has dragged the global economy to the brink of recession.

You sir, are an imbecile.

Sat, 09/17/2011 - 13:08 | 1679948 Comay Mierda
Comay Mierda's picture

but but but phd economists told me we are in a "growth recession" so it cant be that bad

Sat, 09/17/2011 - 13:50 | 1680042 equity_momo
equity_momo's picture

No, he's a troll. An imbecile wouldn't have managed to keep coming back to ZH for over 2 years straight - Robot , even if he were a dumb fuck to begin with , wll have learnt a lot even through simple osmosis being around this place.
He simply enjoys being the troll , a contrarian troll to the ZH group think ( Im not knocking ZH but there is still a bias its just that bias is a counter weight to the mindless MSM)
My bet is Robt trader has even bought gold in the last 6 months and hasn't bought a share in a momo stock for ages ( he scares like a virgin on prom night)
He likes to take the unpopular view and courts others derision. Freud would have a 4 hour erection dealing with a case like robot trader.

So Robot trader, tell me about your relationship with your mother.

Sat, 09/17/2011 - 14:43 | 1680130 DeadFred
DeadFred's picture

It's not about his mother (cute little hottie that she is). Troll-like behavior is more commonly caused by childhood traumatic events. Think of the four-eyed kid who used to get swirlies from Bobby McCoy in third grade. As the swirling toilet water is going up his nostrils and his adrenaline levels soar as he fears for his life, the coping strategies he uses to get through that event become etched into his future behavior by the adrenal receptor neural pathways that are established.  Each traumatized child responds differently but the patterns become wired in, often for a lifetime. Robottrader responds to the angst of seeing our world economy melting down by a self-soothing pattern of forcasting that things will magically improve despite the threat. This is based on his unique way of dealing with Bobby McCoy all those years ago in some LA public school but it has been reinforced a lot in recent years by living here in Bizzaro World. Others react differently. IQ145 for instance reacted to his swirly by puffing himself up and saying to Bobby (not out loud) "I'm smart and you're an idiot" and it still shows in his posts. I, on the other hand respond with sardonic comments rather than screaming out "the world is coming apart". It's much more soothing. Damn you, Bobby McCoy wherever you are!

Sat, 09/17/2011 - 16:34 | 1680431 nah
nah's picture


Sat, 09/17/2011 - 12:00 | 1679742 Smiddywesson
Smiddywesson's picture

LOL Robo, I can't believe they junked you for saying the markets would ramp on a Greek default.  Of course they will ramp.  They ramped when the SNB intervened.  They ramped on the worst economic data yet last week.  So, of course they will ramp.

The tools the Bernank keeps bragging about are ramping the markets and hitting gold with a big ugly stick.  That's what he has been reduced to.  So if Greece defaults, expect gold to get a kick in the nuts.  (reverse logic is still logic in this topsy turvy world)

Sat, 09/17/2011 - 13:16 | 1679967 the eastern promise
the eastern promise's picture

astute observation. That's the way I see it  too. Long term, however, it's a different story. Italy's next...

Do NOT follow this link or you will be banned from the site!