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Full Retard Rumormill Goes For The Trifecta As Brazil Joins China And Russia In Bailing Out The European Ponzi
Add this from Reuters to today's rumor trifecta to make the day RDA allowance of crazy pills complete:
- BRICS COUNTRIES IN "VERY PRELIMINARY" TALKS TO COORDINATE PURCHASES OF EURO ZONE SOVEREIGN DEBT - BRAZIL GOV'T SOURCE
And so in one day we have heard rumors of China, Russia and Brazil (in this case "citing a monetary official"... sure beats "unidentified Italian government sources" ahem FT) all bail out Europe, none of which will inevitably happen mind you because these countries aren't governed by idiots, although "idiots" is precisely who trades this market. See the attached chart for the kneejerk reaction to this latest headline.
From Reuters:
BRIC major emerging markets are considering ramping up holdings of euro-denominated bonds in a bid to help European countries mired in a sovereign debt crisis, newspaper Valor Economico reported on Tuesday, citing a monetary official.
Valor reported a decision could be made at a Sept. 22 meeting of finance ministers and central bank presidents from Brazil, Russia, India, China and South Africa in Washington.
Brazil's central bank declined to comment on the story. The source in the report was not identified
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Aaaaaaaaaaaaaand......it's gone.
Refering to sanity of course amongst other things...
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.
Brasil is going to bail someone out....it's a joke, right? Do you get it?
Yep... Just Heard, SOMALIA wants a piece of the action too!!!
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.
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?
The Ole Saying... When in Europe, do like the Greeks ...
Right on time, these rumors pop out at 3 every day.
If you don't know what this means.....
Poof it's gone!
Forrest Gump not full retard, Rainman, not full retard. You went full retard and the people hated it. You never go full retard!
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.
Shit, this is easy money.
BTFD ;)
epic lulz
EU panhandling...
Brother can you spare a bond...lol
I'm waiting to front-run the alien bailout rumor.
"To the moon, Alice"
Just the other day they found an exoplanet they believe is capable of sustaining Earth-type life only 37 lightyears away! RISK ON!!
The FTL drive will be finished right after they roll out the Mr. Fusion, home power systems.
Theres a fight brewing over grandma's leftover turkey from a week ago.
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.
Breaking News: Little green men to bail out EU
Maret jumps on expectations of new green money injection
U talkin smack about martians phucker? I can point my disrupter ray at you too you schmegeggee.
Nice Bluff -- pull this leg and it plays Jingle Bells...
Just igonre all the crap.
You guys watching GNK. No news. 0
the question is not who is willing to buy the bonds, the question is do they expect to get their money back?
There are NO EURO BONDS out there, jesus! To issue those all EU needs to approve, man, retardation to perfection!
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
How does the term Geithner bonds sound then?
I'd rather buy GGGB1YRs.
Like you want to buy my crop, during wartime, with government scrip.
oops, that was supposed to be a reply to the underdog.
THIS JUST IN: My sock drawer agrees to bail out Europe...
Are any of them pared up?
Gold-toe crew length bitchez!
this is getting hilarious.
The BRIC's can't Achieve World Reserve Currency alone. Perhapse this is a way to join the Euro to the mix.
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.
This is DICKS FOR BRICS insane!
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.
India has agreed to fund European debt in rupees, soon becoming a reserve currency. It's one way to beat China to that status.
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.
India must be the hole card at this table
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.
Well if we get the African Union to jump on board we'll have a full house.
I heard that Zimbabwe put up a couple trillion.
pods
Who is generating all this Baghdad Bob bullshit? The CIA? Rothchilds?
Bingo. They own 96 percent of the media that nobody will fucking listen to.
I heard Bangladesh going to buy Greek long term bonds.
Haiti
EU is sounding like Greece... out looking for other peoples money to spend...
I heard Greece is going to buy Greek bonds
Fuck...I'm short the Parthenon as a synthetic long on all other peaks in Austria, on margin. And with the news that even Greece is buying Greek bonds, I'm not sure if I should be buying or selling. Huh.
Wow, you have just made a lot of sense, and zero sense all at the same time. This is the world we now live in. Feeling warm and fuzzy in my little cosmic bunny hole.
We have taken card carrying insanity to new heights. Those new heights are highly correlated to the markets, YAY!! The crazier we get, the higher the markets go, that is pure brilliance!!
That's what the retarded Euros need:
A European superstate ruled by the BRIC
RIP
MOMO players all over GNK today. None.
Latest rumor - the Church of Scientology has contacted the Thetans. They are going to be buying Italian and Greek bonds on Thursday.... Tom Cruise, Will Smith and John Travolta to provide bridge financing for Wednesday.
Kind of like an addict making phony calls on the cell phone to postpone getting his knee caps smashed by the loan shark. Full retard mode = full panic mode.
US Federal deficit totaled $1.23T through August
http://finance.yahoo.com/news/Federal-deficit-totaled-123T-apf-193441916...
Wow. Much of the world is drowning in debt and the stock market algos are just looking for an excuse to kite the market higher on any rumor of yet another bailout.
the loch ness monster will contribute three fiddy:
http://www.youtube.com/watch?v=9cn7xfBpZ3M
I announced this evening that I will consider buying some French bonds in 2023 at the very latest.
Voilá, Silver went up to USD 41.1 then!
But I thought the EU didn't want ...Free Speech? WTF!!!
I heard the ECB is just going to securitize the whole mess and sell the senior to a bunch of sovereign wealth funds in the Middle East and the junior to former prop trading operations of major investment banks 15 minutes before they default.
You mean "former sovereign wealth funds."
KKR, Carlye Group, Morgan, Citi, BofA, JPM Deutsche, Barclays and Goldman Sucks are going to LBO Europe with a Eurobond offering (variable rate callable in 2 years then--if not called--fixed at 5% thru 2100). Because it's wreck-able they will soon offer prime real estate pieces and national monuments (Parthenon anyone?) of Greece, Portugal, Italy and Ireland to be auctioned at Sotherby's and on Ebay (sorry about that governorship Meg, here's a kiss) while all the shale oil, gold and Allianz and AXA (French) insurance premiums will sail to the US to be kept in safe keeping at Fort Knox, Annapolis and Bush's west texas ranch "El Saud". All known dissenters will be housed on Guantanamo Bay, black sites in central Europe or forced to join the new UN-NATO alliance against IRANAFPAKISTAN. Get your prospectus while it's hot!
I can see China and Russia teaming up to turn Europe into their lapdog, but what would they want Brazil and India around for?
Misery loves company?
The Mother of all collapses is coming!! From the desperate tone in their announcement and the fact that the unseen rescuses come in waves...this is it!!
Latest Rumour:
"Madoff offered early release if he will bail out the PIIGS: The Chazza gives back."
Madoff will be the star of the new remake of Snake Plifkin.....in saving New York or what ever that shitty movie was....he needs an eye patch though....
Hey now. That movie is much better than what it will really be like trying to leave NYC.
And Snake was arrested for busting into the Federal Reserve!
http://en.wikipedia.org/wiki/Snake_Plissken
pods
Escape from New York has cult following. It was an entertaining movie with a good soundtrack.
It is very strange all these "RUMORS" coming out....very wierd....me thinks there are some very scared puppies with some very bad investments trying to save themselves.....
40 year old Meditterean men- It's time to remove your speedos and go back to work.
"Remove your speedo's and go back to work".
Curiously phrased, heh?
They're running out of countries to use.
Next will be a mass email saying that Europe was just discovered to be owner of a huge treasure in Nigeria. If you submit your credit card info, you will be sent some of the treasure because of your European heritage.
Why does everybody want to delay the inevitable and be dragged down with the rest?
Why wast billions and trillions on something Europe will never be able to pay back?
If it's China and Russia negotiating, for geopolitical rivalry with the US. Brazil and India, I have no idea.
They're hoping there will be something to grab out of the bag when it's their turn. Last one gets a handful of sheet though.
because socialism needs capital or else it's fascism. if the banks and sovereigns fail kibbutzim is kapoot-izm.
I'm telling you people...Haiti will be the country that bails out the Eurozone. All the rest is just rumor.
Haiti...perhaps Cuba. Either or.
Yet another bailout in less than a day. It's even not funny anymore.
I broke out laughing and closed out all my positions (except the ones that are bidless, happily only one of those). Seriously. Can't take this shit anymore. This is absurd.
If everyone did what you just did, it is exactly the right kind of protest. I've been out since late 2006, saw the housing implosion coming. Never looked back, never missed it. By staying long PMs, I am doing way better than I was in the stock market.
it's opened up a whole new way of trading forex for me.
It's quite simple really.
1) Sit and wait for ridiculous Euro bailout rumor.
2) Watch for the big pop.
3) Short the big pop.
4) Cover the drop before the next ridiculous rumor surfaces.
5) Repeat.
(can I patent that?)
Winning big in the
verbal influence followed breifly by computer simulated algorythm influence "acceptance" faking.
no word from the "I" in BRIC, the country that eats and poops more gold than any other. wonder why? oh yeah, they aren't as stupid.
they are celebrating Holi or cricket at Mumbai. Or maybe watching movies in Bollywood. They are now in people. They don't have time for first world retards.
Let's stop playing games. Bring in the Bernank, with his long, hard, printer. He can put this fire out, if you know what I mean.
You making him sound ominously sexy and James Bondish. Are you sure we are talking about the same piece of action? The Bernank of FED? Or is this the Bernank of Hammer Head?
He has used the $ like a fire hose putting out fires in Europe before, all stealthy like. I just cut to the chase. He will print, we will owe, wait for it.
Come on man its like its a surprise or something, we know they are going to keep printing money hand over fist. They will not let Greece go bankrupt or any other European nation untill even the kitchen sink is thrown in(WW3).
Keep buying Physical!
everybody should bail each other out. your neibhgor is in debt, bail him out. maybe he will give you his wife for a night out. you can't make this stuff up.
desperation turns bazaar.
Why would Russia and China ....Brasil too for that matter be interested.....lets see....for them to buy into your scheme you would have to open up your books to them....boy would they love to see inside your private world...they would not need their KBG or Secret Servie to get all the goodies on you...just play you like a fiddle....promise to help....in the meantime....they learn how to take over...the power
the gold. they want the gold. also known as collateral. buy debt with fiat dollars get a seat at the disemboweling.
New Rumor out that a group of famous greek celebrities are going to bail Greece out. On the list of contibutors are:
The estate of Telly Savalas
Pete Sampras
Jennifer Aniston
Melina Kanakaredes
Olympia Dukakis
The ghost of the great philosopher Plato
and Bono (he's not of Greek decent, but wants to be involved anyway)
Latest rumour: Zimbabwe is looking to invest in Italian and Spanish sovereign debt!
Aren't they busy nationalizing everything they missed the first time?
TRIFECTA OF FUCKTARDEDNESS
This just in: Libya, Iraq, Afghanistan, Pakistan join in class action suit against NATO and USA for war reparations. Will invest settlement proceeds in Greek debt and French bank equity if Sharia law imposed on Asia minor.
nice one Dp!
can't wait until yields rise and bedouins stone and/or decapitate all captured women, after a good gang raping of course. blondes get it first! Sharia law in da house! Ali G stylee!
When do we get to sue the funders for Al Qaeda (Saudi Arabia) for reparations on the 9/11/2001 attacks?
Tit for tat.
I often wondered why Israel never helped Americans push for domestic drilling in lieu of our trade deficit.
http://af.reuters.com/article/energyOilNews/idAFL5E7KB0LB20110911
(now babbling...)
Why don't the BRICs just wait? Let the collapse occur...that is when the amazing deals will be laying around. Companies and banks at rediculously low prices...local level entry into markets...I'm drooling just thinking of it.
put up storable food supplies to last several years, we are going to need them.
Where the fuck is the Prince Walid rumor? Do I have to start it myself?
PRINCE WALID IS BUYING GREEK DEBT!
There. I have started a totally bogus rumor.
While I am not Prince Walid, I am declaring that I am willing to solve all of Europe's debt problems by purchasing the Louvre. I am willing to pay ONE HUNDRED TRILLION (Zimbabwe) DOLLARS.
There, all better now.
http://www.youtube.com/watch?v=mz3WJ1l1dNM
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My Plumber said he would consider buying a Billion (or Two) of Euro debt if they backed it with Solid Gold.
We're saved!! Third time in less than 24 hours. Thank you God!