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and that is assuming it is a real 50% haircut and not some bastardized NPV calculation
A little windy isn`t it . Hahaha. I would like to see the proof
bloons tower defense 4
Shout out to Zero for being the pinnacle of financial news. You all are exhaustive and righteous.
exhaustive and riteous no doubt, but with way too much bearish tint. Meanwhile, back in reality and despite the zero hedge negative drone, the S&P has rallied almost 200 handles in 15 days. Party On!
Go back to sucking your boyfriends cock.
I was going to say BTFD; but, yeah.
This is no funny - think about on a memory foam mattress
Yes siree....there are not enough booster financial news outlets. C'mon Zero Hedge - quit it with the accurate anlaysis...maybe some stories about lottery winners, unicorns, and magic fairies would be good.
People like you always refer to the last rally. How about the return over the last 10 years?
Some pigs are more equal than others.
ye your pearls before swine, lest they trample them
under their feet, and turn again and rend you...bitchez
Amen, my brother...
Uncle Knukie's thought for the eve...
The bulls. Problem solved, risk back on, All's Ho-Kay. Same game we's been playin' now for weeks. But finally, resolution is here! Hooray!Stocks rallyPM's get shat upon.Regular stock portfolio manager perspective of the world. (About as far as his dick and a duh. And yes, you fuckers know who you are.)
The realists. (credit, commodity, 4X and bond daddies) Nothing's changed. The solution is all form over substance. The haircut for some but none for the Official EU Organizations is a purely political sleight of hand, solving shit. Political Kabuki Theater. The Law of Unintended Consequences Bites Hard, Eventually.... The prior bull case might take hold first.Watch the fixed income markets! Interest rates rise on higher risk credit paper (spreads widen). This is the EU's GM moment. Good fucking luck.Credibility of Euro is shite along with EU due process.Makes the first 2 fiat reserve currencies officially useless. Hello China!Hello Gold!Note gold right now. About unchanged, but silver palladium and platinum rallying. Oh Fed/Treasury with JPM/HSBC on their behalf. Manipulate (sorry, intervene) away. Gotta keep making like it's all orderly, don't we. No need to cry havoc and loose the dogs of hard money.
Longer term....What with abrogations of contract law becoming a normal everyday occurrence, whatta wanna own longer term?Gold and etc......
Scuttle the fiats! Free men and strong women first. The band will remain playing for the rest of the decline in the Idiot Lounge. There will be a behavioral contest held after the Velocity of Money rebounds and Inflation takes hold, after the depression, continued. Whilst partying, please be careful of official slippery bullshit manipulated data.
This, my kind gentle fellows is the end as we know it... end of "normal". It's Official, Declared by Dr, Knukles Hisveryself.There will be no more talk of "are we there yet" or "when the shit hits the fan."We're there, it's splattering.
Buckle in. Its' gonna be one motherfucking rough ride.Keep your cool and remain clear.
There will be many mirrors. Nothing is as it seems.
Careful, Alice. That Rabbit Hole is Mighty Deep©
Have you seen the bigger piggies In their starched white shirts You will find the bigger piggies Stirring up the dirt Always have clean shirts to play around in.
In their styes with all their backing They don't care what goes on around In their eyes there's something lacking What they need's a damn good whacking.
Lyrics by John "the Reagan Republican" Lennon. I like the way that sounds:)
pretty cool isn't it?
Big man, pig man, ha ha charade you are.--Pink Floyd
agree... walk in cooler
more ... want you
And as usual the banks make out like bandits, literally, and the people who worked a lifetime for retirement pensions get screwed.
hooray, so the banks have to write down $75b less than expected. buying opportunity
Please post your proof
we are in a math class
UBS says the 50% writedown of Greek paper is really just 22% after factoring in that only privately held bonds will be subject to the haircut (leaving the ECB, EU, and IMF holdings whole), and also that Greece will then need to recapitalize its banks. In other words, 50% is not nearly enough. “To achieve an actual 50% reduction … Greece would need to implement a 100% haircut.” http://investmentwatchblog.com/the-50-greek-haircut-is-really-just-22-of...
The plan: shout "haircuts!" then bail the Euro banks through the back door quietly. ECB will have those Greek bonds on its balance sheet by close of business.
Brilliant ... a haircut of a haircut
no much you can do, isn't it? walk in freezer
fuck it, im buying calls on s and ptomorrow
Funny thing how the ECB doesn't apply the 50% haircut to their loans. You can gore someone else's ox, just not mine...
Uh, goring didn't come to mind..
Await credit markets EZ open in 3 hrs. To see whats up
it's interesting to know... incline treadmill
Equity futures soaring ever higher on this game-changing news! May be a good opportunity to buy some china fraudcaps
"soaring"? Dude, settle down, they're up about 1%, wont' last till morning, once people figure out the details.....
Greek haircuts? I just wish Greek women would shave off hair on their legs.
All kidding aside
And their upper lips.Is very disconcerting kissing something with a mustache and feeling down there again just to make sure.Note to self.... easy on the Ouzo.
Still safer than Thailand though!
I have heard that Greeks don't mind Thailand at all.
Greek bondholders to go bald.
Wow- good work, Tyler- will take the market a week to do that math.....
impressive! mini fridge
so.... is this bullish?
Well yeah...for at least the next couple of hours.
Zerohedge has almost become a contrarain indicator. Everytime Zerohedge spreads some bearish analysis, markets will soar.
Buy all you want, bitch. The sky's the limit! We don't need no maths!
Let the underwater burn!
Spreads some bearish analysis? Or merely does the math? I know math confuses most Yanks.
Remember how awesome October 2007 was? Remember how math didn't matter then either?
Perception is reality until reality kills perception.
But enjoying the soaring market. Get super super long, and preferable short some gold. After all you have your perfect contrarian indicator:the man who can do math.
Hmm. Confusing HFT headline action for a 'contrarian indicator'. Yea, this cat will last long. Heh.
Hey hey maybe ZH touched some nerves with the scoop on PrimeX, and we're seeing 'Operation Discredit' in progress.
It's a conspiracy!
Let the riots start again!
When did the concept of "retirement" come about? This is a realtively new construct, I believe (i.e., not sure if the pilgrims or the injuns counted on "reitement years").
Perhaps retirement in the conventional sense is unsustainable, even unrealistic, on a longer timeline, as it is turning out to be a ponzi as well (like every fucking thing).
To be sure, the prospect of a "traditional retirement" for somone who is, say, <10 yrs out of school is not the "sure thing" it once was.
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