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CNBC isn't talking about this so it must be unimportant.
they haven't mentioned how much money liesman cost people "breaking" his story about leveraged efsf last week - guess it was only important when stocks went up
It's all Lies... man.
Who cares about liquidity?
Greeks have the solution-Free market at its best:
Is the ECB even aware that their running out of room at the top of this graphic?
Hey Ducky,is that a new wallstreet drink? Or is it a description of the fluid that's going to be used by "Occupy Wallstreet" to waterboard Jamie Dimon when they catch him?
OT: More very bad news from Spain today.
Madrid (AP) -- The number of people filing for unemploymentbenefits in Spain shot up by nearly 100,000 in September, asurprisingly big increase even in a month that tends to be badfor workers as vacation season contracts expire. Tuesday's figures from the Labor Department are likely tostoke renewed worries over the Spanish economy at a time thegovernment is trying to appease investors fretting over itsstrategy to deal with hefty borrowings. The department blamed the anemic state of Spain's economyand the effect of austerity measures on the job market for thebigger than usual increase in September claims. It added thatgovernment's forecast that 2011 would end with net jobcreation, albeit small, will probably be wrong. The official forecast is for GDP growth of 1.3 percent for2011, but hardly anyone believes that anymore. The department acknowledged the jobless claims increase wasdisturbing, as it was nearly twice as big as the increaseposted in September 2010. Deputy Labor Minister Mari Luz Rodriguez said that inrecent weeks the ministry had seen daily increases of 10,000 inclaims for jobless benefits, and called the numbers "tough andnegative." The Labor Department says the increase of 95,817 raises thetotal to 4,226,744. That's an increase of 2.32 percent fromAugust. It was also the biggest jump for a September since thedepartment's current accounting system was launched in 1996. Spain's overall jobless rate is released separately andquarterly and stands at just under 21 percent, a eurozonehigh.
How about FED swap lines, are they open?
Few hundred thousand unemployed Greeks bend over whole
fdisk...exactly. Wonder how long it will take before they come up with some crazy plan to keep it together? Europe has so much tied up in the Euro........one of the problems you get when politics lead the way. Its was a purely political construct. Now, they have economic necessity on their side, so who knows what they will come up with, why are we not considering some bullshit bailout on their part to save the currency?? It would be nice to let the mkt price this shit on its own for once but get ready for a 600+ up day in the Dow when Europe announces the latest greatest even more stupider than the US Monster Bailout.
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