G7 Considers Issuing Communique: Global Easing Imminent After All?

Tyler Durden's picture

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Atomizer's picture

FYI -

The Committee on Payment and Settlement Systems (CPSS) aka Red Book. Volume 2 will be release in 2012 which includes UK and United States.

http://www.bis.org/publ/cpss97.pdf

Never let a crisis go to waste. Someone needs to be the sacrificial lamb.

stigmata martyr

Robslob's picture

Talk is expensive nowadays...it used to be cheap...

Mitch Comestein's picture

A rainstorm of paper confetti is coming bitchez.

1835jackson's picture

Never underestimate the stupidity of political leaders- 1835jackson

Cognitive Dissonance's picture

 

G7 Considers Issuing Communique

Just 9 words needed in the communique.

"Kneel to the AntiChrist. Obey and Serve your master."

Earl of Chiswick's picture

you wouldn't happen to know the AC's initials would you?

Clorox Cowboy's picture

I heard there's a 'U' in there, but not sure if it's the first or last letter...

TruthInSunshine's picture

It's time for my EU song; everyone, sing it loudly:

 


  Na Na Hey Hey Goodbye - YouTube
Green Leader's picture

Here is a serious man describing what we are about to face, his name is Patrick Heron, from Ireland: 

NWO Propaganda and Return of the Fallen (illuminati, nephelim, antichrist, end times)

http://www.youtube.com/watch?v=gtRkwfMi7Pg

Racer's picture

All blah blah blah, say they will monitor/act in timely manner, but do nothing sensible to fix the problems, like prosecute the banksters and get rid of the FED

SheepDog-One's picture

What can they do, print and send everything into a death spiral? Big deal. Just more carrot and stick, all anyone has at this point.

Quintus's picture

Yeah, but if it's a choice between printing thereby starting death spiral ending next week and not printing and thereby failing to prevent a death spiral that will end today, they will, of course, print.

A disorderly Greek default will present them with exactly that dilemma.

When it gets close to the end, they'll gladly print $100,000,000,000,000 per day, just to keep the show going until the next day.

vote_libertarian_party's picture

"It may look really bad but we all have printers.  So relax."

Alea Iacta Est's picture

This news + Talk of Greek Default, both alleged for the weekend = Truth.

Lord Welligton's picture

I think most agree that Greece should have defaulted over a year ago.

Their problem now is that they will have to be made an example of in order to dissuade others.

The beatings will continue until morale improves.

http://ibankcoin.com/chessnwine/files/2010/07/flogging_med.jpg

gwar5's picture

Exactly. Everything is in place.  CHF devalued as safe haven, PMs smash down, Greek default imminent, warnings from IMF & G-7, signals from the squids, a 2 day Sept. Fed meeting coming up, and a trash dump weekend is upon us.  If the EU goes first, it unties Ben's hands.

These guys spend 10% ime on policy and 90% of their time on perception.

 

walküre's picture

I want EASING .. my portfolio is running out of liquid soap

I want STABILITY .. the kind that Trichet spoke of

WoodMizer's picture

According to Bloomberg Timmah said not to expect anything.

Timmah wouldn't lie to us; he does God's work.

Racer's picture

All a con to keep the market from collapsing

SheepDog-One's picture

Ooo they might 'issue a communique' gee sounds so official and all.

Yen Cross's picture

I worked  that M/S spread sheet. 2 and one  1/2 Morons?  ( Kill That Fly)....

TradingJoe's picture

"they got nothing"

SheepDog-One's picture

So their option is to print, they have nothing else, and more printing sends everything into faster collapse. So bring it on, carrot and stick boys.

DefiantSurf's picture

they can still pull a carrot / stick and save the printing for a coordinated effort Sept 22 after the FED announces theirs, for a race to the bottom

IBelieveInMagic's picture

What if they print and come down hard on PMs in a coordinated fashion (such as introduce heavy taxes on purchase of PMs) and are able to get the G20 to fall in line as well -- will this ensure the continuity of fiat system?

TradingJoe's picture

NO! It will be the END of IT!

IBelieveInMagic's picture

As I see it, the price of PMs rises if the market believes that there is discord between powerful countries (countries that could break ranks and go to a real asset based currency and make it stick unlike Libya) and there is possibility of group of like minded countries continuing to accumulate PMs to ultimately introduce a hard currency. But, if everyone agrees to hold their noses and continue to play along with the fiat games, wouldn't PMs become sidelined?

The fact that even after taking out Libya (and curtailed it's Gold demand), the fact that Gold has continued to climb suggests to me that there is continued scope for breakdown among the powerful countries...

TradingJoe's picture

That's exactley what I want Sheep, let them print so my shorts go to the moon and pass mars :))) did well on my long carrot futures :))) but i think with greece going down,(finally) I need to be short, I think the scams realize already they won't get shit so my 875ish on the S&P might happen after all or not?!? As always your input is much appreciated!

SheepDog-One's picture

Ive looked at my options around the market, and have concluded the best thing for me to do is go to the gun show tomorrow and 'invest' more there!

TradingJoe's picture

Got my blessing! I'm good in that respect though! Fully stocked!

Clorox Cowboy's picture

"This is a test of the G7 printer toner levels.  This is only a test.  Return to your posts."

DefiantSurf's picture

How do you say "Fuck Greece" in french?

 

Tuco Benedicto Pacifico Juan Maria Ramirez's picture

No, the real question is "if Turkey attacks France from the rear will Greece help"?

Instant Wealth's picture

The real question is, if Israel attacks Turkey escorting that ominous Gazah Help Fleet, will the U.S. help their NATO partner ? And what about those 2 russian submarines heading for the mediterranean-rumour ? Turks chatting on the net about Israel supporting the PKK guerrilla in Kurdistan? The coming exploration of a huge natural gas field near Cyprus ? Questions, questions ...

youngman's picture

I am going long communiques.....sounds good to me...besides gold and silver are down..

Earl of Chiswick's picture

I don't know how I missed this

Sen. Rand Paul Seeks Vote Of No Confidence In Secretary Geithner - 09/07/11

http://www.youtube.com/watch?v=39zqOObjaPs

WoodMizer's picture

Walmart is starting layaway.

Rent A Center is gonna suffer, along with the sheeple.