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Sell sell sell! How can we reloot unless we sell this shit!
And this is good news?
The markets are green?
My Mama didn't raise no fool.
Beginning of the End? That was the day they formed the EU.
I'd bet at the end of this deleveraging cycle that is just beginning, someone proposes that we go to a global currency. Hopefully enough people will remember the euro to stop that power grab ploy.
Maybe Rudolf von Bernankenstein can show him where the print key is on the keyboard.
Is it time yet to withdraw my money from Dutch banks?
With all the noise a lot of people are losing sight of the simple fact that many of these countries have already passed the point of no return, by which I mean investors can no longer be confident that they can afford to pay the interest on the debts they already have.
Any mechanism, including printing more money, that does not address this issue will not fix the problem, and it will only get worse.
In reality, the only good solution is the admittedly horrible option of default and debt forgiveness. Getting rid of the banks and putting the sociopaths in jail would be a positive outcome.
I have traded all of my fiat for other nice marbels. Don't trust any bank, even the Dutchbanks.
Only the householdrunningaccount is still working.
Keep on stacking!
The Casino is opening soon. This news along with AMR filing for bankruptsy should move the market up another 100 points. lol!
Funny that you mention AMR.
I just pulled together enough dough to buy 10K shares of AMR for myself.
This is a short to medium term buy in, but AMR is probably the best full service run airline in the US and they have over 4 billion cash on hand.
They are just going to restructure their union contracts, and the fact that they held out for a decade after 9/11 before declaring 11 - while every other major carrier here did so long ago - just underlines AMR's strengths. They also have new and highly cost effective Boeing's and Airbust's coming online in late 2012/early 2013...
Seeing AMR at $15 in a year/18 months is a very reasonable expectation, imnsho.
Let me guess, you are the CEO of AMR? That was one of the best PR pieces I've seen here, you should make that into a commercial.
LOL, nope. Former commercial pilot, retired from the field, with chitloads of friends in the industry...
I am glad I waited. Now I can get 10k shares for $2300!
Who thinks American Airlines stock is not going to go up from 23 cents a share, eh?
Good luck! Airlines have at least three strikes against them:
1. Dependency on fuel.
2. Unionized workers.
3. Govt regulation, both hidden, and in yer face (and underwear!) via the TSA!
I refuse to fly unless I absolutely have no other way of getting somewhere.
USA/UK don't even bother, just printing like mad twins in the attic. QE! QE! QE WILL SAVE US!
Wow- they found 85 bidders for this shit? Biggest surprise in this story.....
But Ben gave them the mula. Huh? Don't they know pd buys and flips to ECB for slightly higher price as a secondary market trade
Could it be a ad hoc treaty change by Draghi to test Germany.
Squid meet frying pan.
I'm not sure what any of this means. How do I get in?
Yen having a tough time, no more flight to safety?
Can we please stop with the up or down arrow ratings.
I think they are gay, and stop people from making their own judgments.
If you are a racists, psychopath, ignoramous, pedofile, homophobe, patriot, anarchist, moron, or genius, or all the above, you are not going to find this in Tylers stupid arrow ratings...Its just dumb.
Someone please send this message to the Oracle.
If there is one up arrow it is from Me..
You can always tap out or go limp...
This is officially boring. Greece somehow keeps surviving another day. They made the biggest f'n deal about Italy's yields. The yields are now almost 8%. Italy keeps surviving another day. The market see saws but it certainly has not collapsed. This will go on and on.
Oh well, no need to repeat inane comments -- Bored? Take up sky-diving.
Its the Beginning of a New Era of Prosperity for the Global Bankster Syndicate - they never lose - they will never lose - and the reason they will never lose is because they have all the sovereigns over a barrel and can therefore get the rules changed post-haste to A) keep the Ruling Class of the sovereigns in control and B) thereby maintain their ultimate control over everything on the planet. Sorry to disappoint you all but there will be no Eurogeddon, there will be no collapse. There is only going to be a very slow decline of the global Proletariat into serfdom. Back the Middle Ages sucka!
this is definitely bullish!
Its not "new". It has happened before. Summer of 2010
We really can stop pretending all those bond purchases are sterilized! No more just thinking it was all bullshit.
Print, print, print. A rising tide floats all boats that have ballast and pitch!
Hmm, the Banksters are busy pulling corks from one hole in the hull to plug another -- Musical Holes! A new party game!
As Welt-Online reports in Germany, Economis Carl Weinberg (High Frequency Economics) supposes a change of course of the EZB. The central bank did offer just 0,62% interest - much too less to suck off liquidity from the market. This might have been a strategical step from Draghi to ignore German objections in order to create "facts".
Holger Schmieding, Chief-Economist of Berenberg Bank explained, that Jens Weidmann, chief of the Bundesbank, should deliver a televised address to explain the numerous German savers the serious situation here in Europa - in order too suppress peoples indignation...
Watch source: Welt-Online (http://www.welt.de/finanzen/article13741976/Nun-finanziert-die-EZB-Schul...)
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