Find The Freudian Slip

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.
Thu, 10/06/2011 - 10:42 | 1745523 Fish Gone Bad
Fish Gone Bad's picture

They can't handle it... until they find a new creative way to cover it over.

Thu, 10/06/2011 - 10:48 | 1745563 Don Birnam
Thu, 10/06/2011 - 10:50 | 1745584 Jay Gould Esq.
Jay Gould Esq.'s picture


Thu, 10/06/2011 - 11:21 | 1745792 max2205
max2205's picture

IWM just printed high of the day, wait for it.... $66.60



Thu, 10/06/2011 - 12:35 | 1746215 Richard Chesler
Richard Chesler's picture


Thu, 10/06/2011 - 13:15 | 1746397 AldousHuxley
AldousHuxley's picture

juncker....good thing he is not Moody's analyst rating junk bonds.

Thu, 10/06/2011 - 11:02 | 1745644 X.inf.capt
X.inf.capt's picture

well, fish, they dont need a new, creative way...

just the old standby...

WAR....abig one.

tptb have trade routes to secure...

resources to grab...

labor to exploit...

+1 to fish

Thu, 10/06/2011 - 10:43 | 1745529 toronto1
toronto1's picture

all BS~

Thu, 10/06/2011 - 10:45 | 1745533 Fips_OnTheSpot
Fips_OnTheSpot's picture


Thu, 10/06/2011 - 10:46 | 1745550 GeneMarchbanks
GeneMarchbanks's picture




Thu, 10/06/2011 - 10:48 | 1745567 Shit Bag
Shit Bag's picture


Thu, 10/06/2011 - 11:00 | 1745631 Chaffinch
Chaffinch's picture

Deutsche Bank says Tricket is junk

Thu, 10/06/2011 - 11:12 | 1745729 Hephasteus
Hephasteus's picture

Deutsche bank burns down 3 more banks to cover tracks.

Thu, 10/06/2011 - 10:45 | 1745537 Racer
Racer's picture


Thu, 10/06/2011 - 10:45 | 1745538 nah
Thu, 10/06/2011 - 10:46 | 1745544 LawsofPhysics
LawsofPhysics's picture

Those who can't stay optimistic will be put out to pasture, Junker's departure is iminent.

Thu, 10/06/2011 - 11:10 | 1745695 CrashisOptimistic
CrashisOptimistic's picture

Smells a lot like exactly that.

They have been milking the Tuesday announcement of agreement to agree for about 48 hrs now.  That has been the plan for weeks.  Run to the microphones and say things crafted so that the newsreader computers will pick up.

Thu, 10/06/2011 - 11:13 | 1745730 disabledvet
disabledvet's picture

He did make the announcement from Luxemborg. Was that Mr. tax free talking or Mr. taxpay?

Thu, 10/06/2011 - 10:47 | 1745556 Smithovsky
Smithovsky's picture

Tylers are quite the comedians these days.  

Thu, 10/06/2011 - 10:48 | 1745557 wang (not verified)
wang's picture

put a different way

only one those 4 statements is true

Thu, 10/06/2011 - 10:48 | 1745558 redpill
redpill's picture


Thu, 10/06/2011 - 10:48 | 1745560 CapitalistRock
CapitalistRock's picture

Oh my. There's a need to rescue Italy in our future?

Excuse me a moment. I have some trades to execute.

Thu, 10/06/2011 - 10:48 | 1745562 misterc
misterc's picture

ECB will suppress Italy's government bond yields for years to come.
Most likely outcome in my opinion will be a G8-meeting in early spring announcing a worldwide cross currency peg (USD, YEN, EUR, RMB). 

Thu, 10/06/2011 - 10:56 | 1745613 Lord Welligton
Lord Welligton's picture

Won't solve the debt problem.

Won't solve trade imbalances.

Won't solve structural unemployment crisis.

Won't solve national budget crises.

Thu, 10/06/2011 - 11:05 | 1745658 trav7777
trav7777's picture

all irrelevant in the face of the oil problem

Thu, 10/06/2011 - 11:10 | 1745707 kito
kito's picture

Problem? Where? My gas is 3.29 and will continue to drop in the face of deflation

Thu, 10/06/2011 - 11:14 | 1745743 LawsofPhysics
LawsofPhysics's picture

Yep, the gas will be cheap, now the bribe that you may have to pay in order to access the gas or your security while pumping gas might be a bit expensive in the future.

Thu, 10/06/2011 - 11:18 | 1745770 CrashisOptimistic
CrashisOptimistic's picture

That's how it works.  Oil price surges and destroys society's economies.  There will now be an attempt to grow, and that will ramp demand and because supply can't, price will spike again.

Then down goes society's economies again . . . and again . . . and again, lower each time.

Your gas price was well over 10% lower this time last year:

Thu, 10/06/2011 - 11:28 | 1745829 samsara
samsara's picture

The Saudi's (for example)  have an $75-$85 per barrel MINIMUM cost for extraction,  That is the SAME price AT LEAST to cover their national budget (read keep the peasants subdued and bought off). 

Oil will NOT drop to $30 a barrel,  None of the oil producers can afford it to.  Any hint of it will cause a embargo(over a manufactured problem if necessary). 

You would sooner see them pump half the amount and double the price first.


Thu, 10/06/2011 - 11:12 | 1745720 CrashisOptimistic
CrashisOptimistic's picture

How quickly it gets forgotten.  Oil has been over $100 for the entire year, missing at most 3 days, since about February (pre Libya).

But no one thinks about it.  

Thu, 10/06/2011 - 11:15 | 1745745 taraxias
taraxias's picture

You and Trav are in a very small group on here who truly GET IT.

Thu, 10/06/2011 - 11:23 | 1745802 samsara
samsara's picture

Yes,   The financial problem will stop growth because of

the geometric progression of interest(a known end point since it's conception)

HOWEVER,  However,  PEAK OIL will make No Growth PERMANENT

Bye Bye Global Distribution.

Thu, 10/06/2011 - 11:15 | 1745744 disabledvet
disabledvet's picture

Budget crisis? Really???!!!! Where?

Thu, 10/06/2011 - 10:48 | 1745564 TideFighter
TideFighter's picture

Cash for Junker's? I thought we did that already!

Thu, 10/06/2011 - 10:48 | 1745566 oogs66
oogs66's picture

This is very bullish - clear sign that EFSF will be expanded :)

Thu, 10/06/2011 - 10:48 | 1745569 swissaustrian
swissaustrian's picture

... until EFSF is a CDO2

Thu, 10/06/2011 - 10:49 | 1745573 Dr. Engali
Dr. Engali's picture

That goes a long wy to instill confidence.

Thu, 10/06/2011 - 10:49 | 1745580 turicum
turicum's picture

I didn't know it was a freudian slip.

Thu, 10/06/2011 - 11:18 | 1745764 disabledvet
disabledvet's picture

If there's a coy sexual reference here Italy should take this as a a commitment...oops i mean compliment! a "compliment"!

Thu, 10/06/2011 - 10:50 | 1745583 monopoly
monopoly's picture

And as usual, market is conflicted.

Thu, 10/06/2011 - 10:50 | 1745586 CPL
CPL's picture

Strange thing is they aren't doing that great of a job with Greece, if past performance is an indicator, these guys couldn't organise a cat fight.

Thu, 10/06/2011 - 10:50 | 1745587 Caviar Emptor
Caviar Emptor's picture

The only thing that would save Italy: nationalizing banks

Thu, 10/06/2011 - 11:19 | 1745778 disabledvet
disabledvet's picture

Say again?

Thu, 10/06/2011 - 11:30 | 1745835 shortus cynicus
shortus cynicus's picture

Next move: nationalization of the states.

Squid must be starved.

Thu, 10/06/2011 - 10:51 | 1745588 Dick Darlington
Dick Darlington's picture

That's why ECB will keep monetizing the thrash PIIGS-debt. Of course Trichet tries to mask it under "making sure the monetary policy transfer mechanism will work" or some other blatant lie. Next on agenda from ECB is unsterilised monetization of the debts of these banana republics and probably senior unsecured bank bonds. When that happens, Germany will say "nein" and introduce D-mark. After that the upcoming head of ecb, ex-goldmanite italian dude, will probably start buying equities.

Thu, 10/06/2011 - 10:55 | 1745605 DormRoom
DormRoom's picture

The ECB will do no such thing.


Germany has experienced hyper-inflation, unlike so many other countries.  It haunts them still. They will not allow more monetization. Nein.


If they must choose between Europe, and price stability, they will choose the latter.



Thu, 10/06/2011 - 11:07 | 1745673 Dick Darlington
Dick Darlington's picture

Two germans have already left ECB because of the decisions to buy PIIGS-debt. Today Trichet announced that ECB will buy covered bonds for EUR 40 billion and that ECB will be buying those partly from primary markets. Covered bonds are senior secured bank debt. None of these idiotic moves by ECB to keep the insolvent political dream called euro together have worked. None. So they will do more, it's just a matter of time (which they don't have much left). And at that point my guess is that Germany will save themselves, not the PIIGS.

And btw, 2% annual growth in inflation, what ECB calls "price stability", is not stability. That relation grows exponentially in time and it's quite far from the definition of "stable".

Thu, 10/06/2011 - 11:16 | 1745756 taraxias
taraxias's picture

awsome post

Thu, 10/06/2011 - 11:08 | 1745677 toady
toady's picture

But the German hyperinflation is a part of the historical record, and everyone knows nobody learns from history, and are thus doomed to repeat it.

It'll be just like the movie 'Groundhogs Day'!

Thu, 10/06/2011 - 10:52 | 1745591 buzzsaw99
buzzsaw99's picture

don't touch my juncker bitchez!

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