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Germany Ruling Party Votes To Allow Eurozone Exits
Just hitting the tape... and the EURUSD:
- MERKEL'S CDU VOTES TO ALLOW EXITS FROM EURO AREA
This should not be news: this was reported last week, and the only question is whether or not the "voluntary" language would be embedded in the phrasing. Either way, risk is off.
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Exit in (dis)orderly fashion...
The Careless Whisper Monday Update
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http://www.spiegel.de/international/europe/0,1518,797584,00.html
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http://www.pcmag.com/article2/0,2817,2396333,00.asp#fbid=YfjD-nkPqBA
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VIDEO: 6th Grader Is iPhone App Developer
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VIDEO: If Going To The Mall Involves Driving Thru A War Zone, You May Want The New ($40,560) 2012 JEEP WRANGLER Call Of Duty - Modern Warfare 3 Edition
http://www.youtube.com/watch?v=26JrjuwKiQo
Right on Monday Update and morning reports, Careless. Here’s an additon:
“Approximately 8 million Californians, or roughly 21 percent of the state’s population, are eligible for food assistance programs.” (October 14 letter entitled “California and the Farm Bill: A Vision for Farming in the 21st Century” from California state officials to congressional farm leaders)
http://youtu.be/uQwjojvRNI4
Germany is NOT allowed to go this way... ask Bilderberg
Think controlled opposition. Also, think thesis...
antithesis...
synthesis.
Bullish. Dissolution of monetary unions is bullish.
I would agree....after the eURo is crushed into a fine powder.
Will it become talcum power for dusting of the elites asses?
fine nickel dust on your ass sounds like the perfect idea of torture if you have a nickel allergy.
ponzi-nomics about to get real
Yeah, after the currency re-weighting of global asset allocations. See you at EUR.USD.78.
like they really had a say if greece showed them the finger anyway
Does that mean Juncker is crying somewhere in a corner?!
The ignorant masses will decide.
No, not really. They just play a role in legitimizing any and all facades. The decisions have been made for them, long, long ago. There isn't anything that is happening today that wasn't obvious from the moment the incoherent EMU was formed.
In other words, it was all designed to break as evidenced (as the political compromises were the only way to get it created at all), in order to create the mandate for further tightening of "the union."
They need leagues and divisions like major league sports! EL South, EL West...and wildcards
Culminating in The Spaghetti Bowl, for the Meds and The Sauerkraut Bowl for the Tuetonics
Prison doors are open, ruuuuuuuuuuuuuuuuuunnnnnnnnnnnn!!!
Wink* cough* Get those Greecy bastards out...
Attention GS clients - Important Update
You only got about 110 pips in that long eurusd trade before you get "Stolpered".
Viva the Squid!
http://vegasxau.blogspot.com
+ 1.35
And for those who have forgotten- link.
stolpers greatest hits
Run, Forrest, run!
of course they bring it out after the european markets close!
How long will it before the European Commission says no.
Wake me when the 'No Risking' lamp is lit.
This is insanely bearish. Dishonesty leads to loss of truth, and ultimately a war.
I think what you're trying to say is that dishonesty leads to a loss of TRUST.
And yes, with that I agree 100%.
The TRUST is gone. American bankers fucked the world in 2008 and ever since then, all trust is gone. Ask the Chinese.
Of course the fact that 9/11 was an inside job and the invasion of Iraq was based on lies doesn't help matters either.
In the face of all this, it is remarkable that we're still at peace!
Without a vast INTERNATIONAL CONSPIRACY we would be shooting at each other already. We will be shooting when the CONSPIRACY needs blood in the streets.
It probably strarted along time ago,Illuminati of Bavaria, may be stretching back to Alumbardos of Spain.May have stretched all the way back to Afganistan with Roshanya.
watch the massive short squeeze in a couple of hours as everything will be interpreted by buying euro and the market of course,,,,
Yeah those assholes. CNBC will bring in Leisman with some stupid twist to it all.
"Protection from what? Ze Germanz?"
http://www.youtube.com/watch?v=2oK_trZhVdk
Wait one damn minute...is this going to affect my EuroDisney fun bucks?
The dip will be bought. This CDU vote can be spun bullishly, I am sure of it. Just cannot figure out how yet.
the SNB is working on that as we blog, i'll bet!
The EUR/USD declining had a half-life of......five minutes. Back to the races.
Now lets just wait for demand of Gold collateral for loans and the rockets will start to fly
ass fart indeed:
http://2.bp.blogspot.com/_ckwgvWYw47w/SW64Ouk7XHI/AAAAAAAAAuE/NEE8GJMCY3...
The algos are all over the map this morning. hehe
So, what if Greece and Germany both leave at the same time and adopt a new currency together? Paradigm shift baby....the Markma.
Rewrite:
Germany votes to allow construction of exits for (currently on fire) movie theater that was deliberately constructed without doors. Legislators will deliberate on details of the legislation from inside the theater as it burns. Others in the theater are instructed to keep quiet and continue watching the film.
How can this be? A couple of hours ago, I just heard Diane Swonk say even the German ruling party is in favor of the Euro project.
snark off
None of the European treaties have a provision for the mechanics of a country making an exit `from the Eurozone`
So it is not for the German Parliament to create one, or to bully others to leave. Seriously, I read this as Germany itself getting its own legislature in order so that it can say Au revoir.
In doing so they are making a threat. What will they do when Sarky calls their bluff?
You will see a brand new Checkpoint Charlie. And suddenly Germany will become the new axis of evil.
Personally, I hope Germany does pull the trigger, leaves the EU, drops the Euro and wipes out the bank system with it.
Germany will invite Sarky into a currency union using the DEM.
This satisfies the original (German guilt) requirement to have an arrangement designed to stop further Franco-German wars.
France will accept because it means they can swap the link with the cr*p EZ members with a hard link to the only one that ever really mattered.
don't forget Merkelmania brings now an tax easing for every taxpaying german in value of.....
5 cheezburger a month .....yammyamm...... not all for the pi(i)gs.
Sounds to me like the nail in the political coffin. They’re either going to have a United Europe or they’re not. I say they are not. The differences are just too great!
IMHO if analysts don't understand that the european elites (and much of the european people) are not going to abandon EU/eurozone/euro (and the ideas connected) they are bound to get all of their analysis on what will happen wrong.
http://www.businessweek.com/news/2011-11-15/merkel-says-eu-must-forge-cl...
In her interview, Merkel said that the next step to bolster investor confidence means what was begun by the euro’s founders must be completed with “a fiscal union, and then turn it step by step into a political union.”
“That is the lesson of the crisis and this will still require a lot of effort,” she said.
the global systemic crisis will accelerate the process of integration not stop it or destroy it.