EFSF Cash For Irish Bailout Running Out

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.
Sun, 11/27/2011 - 13:20 | 1917751 bank guy in Brussels
bank guy in Brussels's picture

The Irish and others, will be in like Flint,

Because the EU is getting ready to roll and Print!

Sun, 11/27/2011 - 13:41 | 1917846 Sudden Debt
Sudden Debt's picture

Let's hope they wait after a few more riots because that makes better television than "so you think you can dance"......
Actually it's about the same.... DANCE MONKEYS!! DANCE!!!!

Sun, 11/27/2011 - 14:02 | 1917923 The Fonz
The Fonz's picture

I once listened to a Rickards interview where he discusses a person yelling "fire" in a theatre in terms of a nuclear warhead entering criticality. If one person gets up and heads for the exit you merely watch. If 10 people head for run for the exit screaming every other person will as well. It's got that hockeystick quality. At the time he was speaking of a loss of faith in the dollar, that the rate of loss of faith over time becomes irrelvant because once you hit the critical point the expansion of the belief becomes exponential... fast.  I think we have gotten to that point with the Euro, I don't think the powers that be understand that the rate of growth of disbelief has increased the requirement for assurancance much higher than they are currently expecting or projecting. This feels to me like we just turned the corner on the destruction of confidence and they don't understand this.

Sun, 11/27/2011 - 14:13 | 1917984 Jackfish
Jackfish's picture

Do you mean "in like Flynn"?  As in Errol Flynn?

Perhaps before your time.


Sun, 11/27/2011 - 17:41 | 1918732 Schmuck Raker
Schmuck Raker's picture

"In Like Flint" James Coburn 1967

Much cooler than E Flynn.

Sun, 11/27/2011 - 21:25 | 1919485 Blank Reg
Blank Reg's picture

Sheesh! Kids today.

Sun, 11/27/2011 - 14:07 | 1917779 LawsofPhysics
LawsofPhysics's picture

An so things excellerate.  What is it going to be people of the world, repudiate the fraudulent debt and return to freedom or print ourselves into tyranny and hyperinflation?

The only people who fear a complete collapse are those who know that the true value of their labor is not worth their current compensation.  Let it be freedom and let compensation (in whatever form that may be) return to those individuals who are actually worth a shit.  Fucking bring it.

Sun, 11/27/2011 - 13:28 | 1917787 Dick Darlington
Dick Darlington's picture

End of the european debt ponzi scheme is good news for the people. Disintegration and debt defaults that will follow is THE BEST news in decades! Sure, it will hurt a lot, no doubt, but it's the ONLY viable long term route. And to all the eurofanatics who claim that the disintegration would cost too much, i suggest you look at the price tag of the political utopia, these bail outs and fraudulent debt games. Not to mention the price tag of keeping this utopia running in the future. And of course i encourage all the eurofanatics to get their heads checked. They have been played by endless propaganda and it has ruined their brains.

Sun, 11/27/2011 - 14:10 | 1917960 i-dog
i-dog's picture



"Disintegration and debt defaults that will follow is THE BEST news in decades!"

Funnily enough, this is also the only realistic solution for the US as well ... yet nobody in the US will recognise it!!

All the ZHedgies are calling for Germany, Greece, Ireland, etc to leave the EU/EZ and revert to their nation-state currencies, but won't for a moment consider doing exactly the same and SECEDING from the criminal syndicate in Washington, DC!!

France, Italy and the UK each have an economy the size of California's. Ireland's is the same size as Alabama's. Greece's is the same as WA's. Spain's is the same size as Texas',.,......

So why the reluctance to face reality in the US, while telling the Europeans to face reality!?!


Sun, 11/27/2011 - 17:53 | 1918765 ak67
ak67's picture

iv wondered the same thing for awhile now
im sure capitol hill is happy letting the EU face all the music while they sit in the false comforts of the almighty $. their time will come

Sun, 11/27/2011 - 13:30 | 1917797 Lord Welligton
Lord Welligton's picture

Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha

Ad infinitum.

Sun, 11/27/2011 - 13:53 | 1917883 disabledvet
disabledvet's picture

Your comment about how the Irish pols totally sold out Ireland was spot on beyond belief. they've been raped...i've read the headlines about all the "bankers who have fled." still..."they haven't actually woken up to that fact yet."

Sun, 11/27/2011 - 13:39 | 1917830 Sudden Debt
Sudden Debt's picture

I'm sure they are aware because this acts as a "act of god"
And there are always the leprecons at the end of the rainbow who could provide more gutterout money

Sun, 11/27/2011 - 13:48 | 1917871 LawsofPhysics
LawsofPhysics's picture

"Guarantee with what?"

Exactly what every person on the planet should be saying to themselves.  Guaranteed with what REAL assets, the mineral content of Mars?

Sun, 11/27/2011 - 14:01 | 1917928 ucsbcanuck
ucsbcanuck's picture

Wasn't this previously discredited?


Sun, 11/27/2011 - 14:21 | 1918013 Mike2756
Mike2756's picture

Short attention spans, they have to recycle the rumors every other week.

Sun, 11/27/2011 - 13:41 | 1917840 Börjesson
Börjesson's picture

Oh great. So now it's our turn to be sheared? Well, I guess if it comes to that, then it's better to get sheared on behalf of a country that's at least trying to help itself.

Sun, 11/27/2011 - 13:41 | 1917845 Greenhead
Greenhead's picture

it's all an excuse to bring in the ECB and tighten the debt noose around the necks of any European who has any wealth they haven't yet hidden.

Sun, 11/27/2011 - 15:24 | 1918260 Elwood P Suggins
Elwood P Suggins's picture

Yep the European Colonial Bank to the rescue.

Sun, 11/27/2011 - 13:42 | 1917852 firstdivision
firstdivision's picture

How about those Irish, Italian, Portugeese, Greek, belgian, Hungarian, and Austrian bonds versus Icelandic bonds. Suck it Eurozone.

Sun, 11/27/2011 - 13:43 | 1917854 Sudden Debt
Sudden Debt's picture

I'm sure we can come up with a deal. Just bring us 5000 beautifull irish girls and...... Yeah..... .... .... They're fucked!

Sun, 11/27/2011 - 13:54 | 1917894 disabledvet
disabledvet's picture

"Sudden Debt" indeed. Wait 'till the "German Bank Surprise" hits.

Sun, 11/27/2011 - 14:09 | 1917962 ucsbcanuck
ucsbcanuck's picture

It'll be interesting to see what happens there - both Deutsche Bank and Commerzbank look like they could be in serious trouble...

Sun, 11/27/2011 - 13:57 | 1917908 williambanzai7
williambanzai7's picture

Such a simple but elegant solution...let the Swedes bail everyone out!

Sun, 11/27/2011 - 15:26 | 1918268 Elwood P Suggins
Elwood P Suggins's picture

Sounds like a lot of blarney to me.

Sun, 11/27/2011 - 15:32 | 1918292 markar
markar's picture

The Irish and others, will be in like Flint,

as in Flint, Michigan

Sun, 11/27/2011 - 15:38 | 1918311 earleflorida
earleflorida's picture

why was 'DSK' saved from the carnage - temporal penance [?], or the usefulness of retiring a prized 'pinocchio' as that of a 'master-craftsman puppeteer', cherishing his idled progenitor offspring - why was "DSK" spared?















Sun, 11/27/2011 - 16:33 | 1918517 Iwanttoknow
Iwanttoknow's picture

That is a 64 million $ question i keep asking myself.

Sun, 11/27/2011 - 15:51 | 1918360 slewie the pi-rat
slewie the pi-rat's picture


the IMF/EU bailout collapses under the weight of clown cars full of finiMinis!

i predict that heads are gonna roll on shamrocks soon

the irish can not live on fabulous beer, alone!

maybe now they will begin to understand the meaning of "iceland"

Sun, 11/27/2011 - 16:51 | 1918581 TheFourthStooge-ing
TheFourthStooge-ing's picture

Sackistan (Iceland) showed spine.

Ireland indicates invertebrates (and that makes me a saaaaad panda).


Sun, 11/27/2011 - 19:03 | 1918953 slewie the pi-rat
slewie the pi-rat's picture

at the risk of succumbing to racial or national stereotyping, i think that once the mule finishes kicking the styoooopid micks about the head & ears, they will be so pissed that they will have a better chance of doing the right thing for themselves

Sun, 11/27/2011 - 16:22 | 1918471 Eireann go Brach
Eireann go Brach's picture

The IRA already have their hitlist ready and are polishing their guns as we speak, hits on bankers and politicians to commence shortly!

Sun, 11/27/2011 - 17:13 | 1918657 Marigold
Marigold's picture

Finna Fail aka the IRA were one with the banksters such as Seane Fitzpatrick from Anglo Irish.

Sun, 11/27/2011 - 20:41 | 1919315 i-dog
i-dog's picture

Indeed, they were. Hard truths for some to swallow.

Sun, 11/27/2011 - 17:36 | 1918716 cw
cw's picture

Howis it possible to 'suddenly' find you're out of bailout cash? What was the time-frame on the bailout?

Sun, 11/27/2011 - 18:09 | 1918803 zippy_uk
zippy_uk's picture

Tyler - we already know in the UK we are on the hook for more - £40 Billion more through the IMF which is being used as the no Euro bailout to bail out Euro countries route.

Ireland is our largest export market , and George Osbournes roots are in the Irish Landowners . They will get more handouts from us I am sure.

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