Full Retard Rumormill Goes For The Trifecta As Brazil Joins China And Russia In Bailing Out The European Ponzi

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Tue, 09/13/2011 - 15:10 | 1664782 Cdad
Cdad's picture

Aaaaaaaaaaaaaand......it's gone.

Tue, 09/13/2011 - 15:13 | 1664796 GeneMarchbanks
GeneMarchbanks's picture

Refering to sanity of course amongst other things...

Tue, 09/13/2011 - 15:15 | 1664820 BaBaBouy
BaBaBouy's picture

The END-GAME must be for foreigners to OWN all of Europe, and the EU "Locals" get

to be Zombie Slaves in their own land.

Tue, 09/13/2011 - 15:33 | 1664918 SWRichmond
SWRichmond's picture

Brasil is going to bail someone out....it's a joke, right?  Do you get it?

Tue, 09/13/2011 - 16:03 | 1665073 BaBaBouy
BaBaBouy's picture

Yep... Just Heard, SOMALIA wants a piece of the action too!!!

Tue, 09/13/2011 - 16:48 | 1665209 boiltherich
boiltherich's picture

This is not about concern on the part of the Brazilians for the stability of the EU but about lowering the real.  The Brazilian real has so appreciated that they instituted capital controls, that was not enough and now they are planning to dump reals for Euro denominated debt in order to try to lower the real. 

"Guido Mantega, Brazil’s finance minister who warned on currency wars last year, described the setting of a peg by the Swiss central bank as an act of “desperation”. Brazil has launched numerous currency and capital controls to try to limit the real’s appreciation. “We don’t need to [set a peg]. It’s always better to work with a floating exchange rate,” he said."  http://www.ft.com/cms/s/0/f5a361ce-d862-11e0-8f0a-00144feabdc0.html#axzz1XrpePqvX

However the above quote notwithstanding; It would appear that Brazil is trying arb the market in a way that lowers the real and could well end up with a defacto peg anyway.  I know when I looked at Brazil a few years ago as a possible destination for an expat stint abroad the real was at a little less than 3 to the dollar, lately it is around twice that.  In order to buy EU sov debt they have to sell real for euro, this suppresses the real, simple explanation of what is going on here. 

Tue, 09/13/2011 - 22:49 | 1666148 Savyindallas
Savyindallas's picture

The pirates are rich. Somali has a better balance sheet than the US. So don't mock them. What are you -some kind of racist?

Tue, 09/13/2011 - 15:17 | 1664803 BaBaBouy
BaBaBouy's picture

The Ole Saying... When in Europe, do like the Greeks ...

Tue, 09/13/2011 - 15:15 | 1664819 Stoploss
Stoploss's picture

Right on time, these rumors pop out at 3 every day.

Tue, 09/13/2011 - 15:21 | 1664854 Long-John-Silver
Long-John-Silver's picture

If you don't know what this means.....

Poof it's gone!

Tue, 09/13/2011 - 15:38 | 1664947 GenX Investor
GenX Investor's picture

Forrest Gump not full retard, Rainman, not full retard.  You went full retard and the people hated it.  You never go full retard!

Tue, 09/13/2011 - 15:42 | 1664974 fishface
fishface's picture

source

http://www.infomoney.com.br/economia-e-politica/noticia/2208855-paises+d...

google tranlated

News
BRIC countries will discuss next week on possible aid to Europe
Comments: (0)
September 13, 2011 14h46 By: Tatiane Monteiro Bortolozi

SAO PAULO - Brazil, along with other BRIC countries, should discuss next week, ways to help Europe overcome the current economic crisis, according to Minister of Finance, Guido Mantega. "The BRIC countries will meet next week in Washington and will discuss how to help the EU out of this situation," said Mantega.

Tue, 09/13/2011 - 15:11 | 1664784 Barb Dwire
Barb Dwire's picture

Shit, this is easy money.

Tue, 09/13/2011 - 15:37 | 1664940 nevadan
nevadan's picture

BTFD ;)

Tue, 09/13/2011 - 15:11 | 1664786 Mongo
Mongo's picture

epic lulz

Tue, 09/13/2011 - 15:14 | 1664789 carbonmutant
carbonmutant's picture

EU panhandling...

Brother can you spare a bond...lol

Tue, 09/13/2011 - 15:13 | 1664790 dwdollar
dwdollar's picture

I'm waiting to front-run the alien bailout rumor.

Tue, 09/13/2011 - 15:17 | 1664831 Cleanclog
Cleanclog's picture

"To the moon, Alice"

Tue, 09/13/2011 - 15:34 | 1664910 MichaelG
MichaelG's picture

Just the other day they found an exoplanet they believe is capable of sustaining Earth-type life only 37 lightyears away! RISK ON!!

Tue, 09/13/2011 - 15:38 | 1664945 Rodent Freikorps
Rodent Freikorps's picture

The FTL drive will be finished right after they roll out the Mr. Fusion, home power systems.

Tue, 09/13/2011 - 15:12 | 1664792 Divided States ...
Divided States of America's picture

Theres a fight brewing over grandma's leftover turkey from a week ago.

Tue, 09/13/2011 - 15:47 | 1664994 tmosley
tmosley's picture

Reuters:  New reports are coming in from unidentified internet sources that Turkey will assist China, Russia, and Brazil in buying European bonds that may or may not exist at an unidentified time maybe sometime soon but probably not.

Tue, 09/13/2011 - 15:12 | 1664793 Racer
Racer's picture

Breaking News: Little green men to bail out EU

Maret jumps on expectations of new green money injection

Tue, 09/13/2011 - 15:20 | 1664853 disabledvet
disabledvet's picture

U talkin smack about martians phucker? I can point my disrupter ray at you too you schmegeggee.

Tue, 09/13/2011 - 15:13 | 1664800 Josh Randall
Josh Randall's picture

Nice Bluff -- pull this leg and it plays Jingle Bells...

Tue, 09/13/2011 - 15:13 | 1664801 monopoly
monopoly's picture

Just igonre all the crap.

You guys watching GNK. No news. 0

Tue, 09/13/2011 - 15:14 | 1664804 buzzsaw99
buzzsaw99's picture

the question is not who is willing to buy the bonds, the question is do they expect to get their money back?

Tue, 09/13/2011 - 15:14 | 1664805 TradingJoe
TradingJoe's picture

There are NO EURO BONDS out there, jesus! To issue those all EU needs to approve, man, retardation to perfection!

Tue, 09/13/2011 - 15:22 | 1664861 pods
pods's picture

Probably a trial balloon to see if eurobonds will help the situation or not.  If they are seen as offering stability, someone will print up $$ to buy them.

Maybe "The Household Sector."

pods

Tue, 09/13/2011 - 15:24 | 1664870 disabledvet
disabledvet's picture

How does the term Geithner bonds sound then?

Tue, 09/13/2011 - 15:35 | 1664929 MichaelG
MichaelG's picture

I'd rather buy GGGB1YRs.

Tue, 09/13/2011 - 17:09 | 1665261 Rodent Freikorps
Rodent Freikorps's picture

Like you want to buy my crop, during wartime, with government scrip.

oops, that was supposed to be a reply to the underdog.

Tue, 09/13/2011 - 15:14 | 1664809 FiscalCrater
FiscalCrater's picture

THIS JUST IN: My sock drawer agrees to bail out Europe...

Tue, 09/13/2011 - 15:17 | 1664829 HardwoodAg
HardwoodAg's picture

Are any of them pared up?

Tue, 09/13/2011 - 15:19 | 1664845 FiscalCrater
FiscalCrater's picture

Gold-toe crew length bitchez!

Tue, 09/13/2011 - 15:14 | 1664810 spiral_eyes
spiral_eyes's picture

this is getting hilarious.

Tue, 09/13/2011 - 15:14 | 1664812 EdwardTeach
EdwardTeach's picture

The BRIC's can't Achieve World Reserve Currency alone. Perhapse this is a way to join the Euro to the mix.

Tue, 09/13/2011 - 15:18 | 1664835 john39
john39's picture

interesting thought.  while it looks like chaos out there, there is a plan and method at work.  create crisis then seize greater control of power and resources...  keep an eye on whatever "solutions" are proposed as things go to shit. 

Tue, 09/13/2011 - 15:14 | 1664813 GeneMarchbanks
GeneMarchbanks's picture

This is DICKS FOR BRICS insane!

Tue, 09/13/2011 - 15:15 | 1664816 AldoHux_IV
AldoHux_IV's picture

Now all we need is the rumormill to say India is next bailing out the flawed euro system.  I guess the only thing we need after that is GS' Jim O'Neill saying he and his firm will help the bailout as well-- oh wait the banks here are underfunded too unless the ponzi continues I forgot.

Tue, 09/13/2011 - 15:19 | 1664842 Cleanclog
Cleanclog's picture

India has agreed to fund European debt in rupees, soon becoming a reserve currency.  It's one way to beat China to that status.

Tue, 09/13/2011 - 15:15 | 1664821 Cdad
Cdad's picture

And now...behold...as the magic fizzy lifting drink HFT criminals manage to liquidate all long positions taken during the last 24 hour long market laugh-a-thon without a ripple....and the indexes remain as firm as Tyler's abs.

Brilliant!  That'll finally bring in the sheeple to buy Netflix and assless jeans...no really...this time it will work.

Hello fucking cosmic bunny hole, my old friend.

Tue, 09/13/2011 - 15:15 | 1664822 HardwoodAg
HardwoodAg's picture

India must be the hole card at this table

Tue, 09/13/2011 - 15:24 | 1664869 stockoptimistic
stockoptimistic's picture

That is funny, considering they cant feed their own countrymen. This rumor mill is going over the top. Someone caught with lots of Euro bonds with them.

Tue, 09/13/2011 - 15:16 | 1664824 Lord Welligton
Lord Welligton's picture

Well if we get the African Union to jump on board we'll have a full house.

Tue, 09/13/2011 - 15:24 | 1664867 pods
pods's picture

I heard that Zimbabwe put up a couple trillion.

pods

Tue, 09/13/2011 - 15:16 | 1664825 ZeroPoint
ZeroPoint's picture

Who is generating all this Baghdad Bob bullshit? The CIA? Rothchilds?

Tue, 09/13/2011 - 16:42 | 1665193 Hephasteus
Hephasteus's picture

Bingo. They own 96 percent of the media that nobody will fucking listen to.

Tue, 09/13/2011 - 15:16 | 1664826 monopoly
monopoly's picture

I heard Bangladesh going to buy Greek long term bonds.

Tue, 09/13/2011 - 15:41 | 1664964 MsCreant
MsCreant's picture

Haiti

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