ECB's Nowotny Slams Door Shut

Tyler Durden's picture

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GeneMarchbanks's picture

'NOWOTNY: DEBT CRISIS MUST NOT BECOME BANKING CRISIS AGAIN'

He just went fulltard... you never go...

zEurocrats love comin' out with the bullshit after their market is closed.

vast-dom's picture

ERGO SP IN CAHOOTS TO DOWNGRADE ESSENTIALLY EUROZONE! THIS SHIT IS SO TRANSPARENT!

vast-dom's picture

I don't fuck around Gene and I always rock it country simple ;)

LeBalance's picture

leaders have been selected by inverse ability scores and the less apt the closer their fingers are to the big red button.

molecool's picture

I am so sick of this fucking soap opera.

Comay Mierda's picture

get used to it, we haven't even seen the intermission

Golden Boy's picture

Yeah, I agree, those Germans are a bunch of prima donas. Especially those who criticize ZH but still come here for the news... : )

Cdad's picture

Who cares?  The BlowHorn [CNBC] has much more shopping stories planned for this week's non value added broadcasting hours.

Deadpool's picture

same is true in the states. no plunge = no need for action. merry Christmas.

Cdad's picture

Look at that WTI chart!  Well, well...just as Europe is NOT fixed again, apparently the Middle East thing is all better now.

So let the greater American Depression roll on and on, with the Criminal Syndicate known as Wall Street destroying the value of the average American's largest investment, while simultaneously driving the up price of everything Average Joe consumes with Bernanke Bucks.

Tired of it yet, America?

AldoHux_IV's picture

The new Hitler has emerged and his name is central planner.

distopiandreamboy's picture

Nowotny needs a bank to fail before it can turn the printers on full. Let's see which ones are closest...

Dick Darlington's picture

How's the bribery investigations going Mr Ewald "Fraud" Nowotny? Seriously, how's it possible that the worst kind of bottomfeeders all end up at central banks?

DutchR's picture

And in a galaxy far far away humanoids are having real trouble and really really could need some help....

 

 

When was X-mas again ?

nyse's picture

Until there is something with some actual teeth (i.e., IMF Loan), this is simply more posturing.

Peter K's picture

Just when you thought you were getting spoofed, the price is real:) Go figure?

Or could this be a double spoof?

Either I'm confused, or these Euro muppets are playing Russian Roulette with fully loaded chambers:)

I am a Man I am Forty's picture

They sure are rolling the dice, considering if the market plunges they will be insolvent, if they aren't already.

bank guy in Brussels's picture

Funny boo-boo in Tyler's article, which refers to « the ECB's own Jens Nowotny », a man who is actually not part of the ECB.

Jens Nowotny is a retired football player. (Soccer player, for the Americans.) Footballer Jens Nowotny may have a quite different opinion of all this.

However, the General Council of the European Central Bank, does include Ewald Nowotny from Austria, and Jens Weidmann from Germany.

http://www.ecb.int/ecb/orga/decisions/genc/html/index.en.html