This page has been archived and commenting is disabled.

Here Lies FrAAAnce: 8/10/1994 - 1/13/2012

Tyler Durden's picture





 

Here lies FrAAAnce, which passed away (according to Reuters and TF1 for now, official statement from S&P due imminently) at the tender age of 17. It shall be missed.

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 01/13/2012 - 11:26 | Link to Comment T-roll
T-roll's picture

Wow!  I knew this was gonna happen, but didn't expect it til after the close.  S&P gettin ballsy.

Fri, 01/13/2012 - 11:31 | Link to Comment B-rock
B-rock's picture

Yeah, but only one notch...  ES says that's no big deal....

Fri, 01/13/2012 - 11:44 | Link to Comment homersimpson
homersimpson's picture

Algos don't read ZH - give it a few moments before the state-run media get a hold of it and all the HFTs react accordingly.

Fri, 01/13/2012 - 12:03 | Link to Comment redpill
redpill's picture

Au revoir, nous vous avons à peine connu!  Or something.

Fri, 01/13/2012 - 12:14 | Link to Comment francis_sawyer
francis_sawyer's picture

The "new" thing is to start all these things flying just before Martin Luther King weekend...

Most people haven't even latched on to the idea that it's actually a holiday weekend with a markets closed Monday (in US) aspect...

Fri, 01/13/2012 - 14:15 | Link to Comment Badabing
Badabing's picture

The significance of Friday the 13th

On Friday, October 13, 1307 Templar Grand Master Jacques de Molay and several Templar Knights were arrested by King Phillip of France. Most were eventually tortured to death.

The Templar’s where the international bankers of the time, some believe they still are!

Fri, 01/13/2012 - 16:47 | Link to Comment CompassionateFascist
CompassionateFascist's picture

Phil roasted them over a slow fire. On this one, history will repeat.

Fri, 01/13/2012 - 12:20 | Link to Comment The Big Ching-aso
The Big Ching-aso's picture

 

 

If only an Absinthed Van Gogh were still alive today to paint the swaying financiers of La Defense.

Fri, 01/13/2012 - 13:31 | Link to Comment He_Who Carried ...
He_Who Carried The Sun's picture

... and just two months from now our British banking colleagues will find out more about their nightly shivers and fevers.... :-{

Fri, 01/13/2012 - 11:44 | Link to Comment spiral_eyes
spiral_eyes's picture

friday 13th...

the bond bubble will burst soon.

http://azizonomics.com/2012/01/10/its-a-bubble/

 

Fri, 01/13/2012 - 12:23 | Link to Comment economics1996
economics1996's picture

About March.

Fri, 01/13/2012 - 11:48 | Link to Comment T-roll
T-roll's picture

The carnage will come shortly before the close

Fri, 01/13/2012 - 11:56 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Carnage indeed! 

BREAKING NEWS FROM FRANCE

h/t Yahoo's frontpage.

Fri, 01/13/2012 - 11:57 | Link to Comment Shocker
Shocker's picture

Exactly, Even if you say oh that agency is not credible it still has an affect. Theses reports are very big news, and again are going to have rippling effects through all economies. No one is immune in this Global economy.

Good thing we are running into the weekend

http://www.dailyjobcuts.com

Fri, 01/13/2012 - 11:59 | Link to Comment kurzdump
kurzdump's picture

Carnage? Lets see - wouldnt be surprised if the "dumb" money is collected and marktes are closing green.

Fri, 01/13/2012 - 11:50 | Link to Comment bdc63
bdc63's picture

The downgrade hasn't actually happened yet.  Reuters is reporting that French television is reporting that a French politician has advised them that S&P will downgrade both Austria and France to AA+ sometime today.

I certainly hope that is just the start of who they are downgrading today ....

Fri, 01/13/2012 - 11:32 | Link to Comment clones2
clones2's picture

I am still SHOCKED that this was leaked this morning...  I'm sure no one traded with advance notice on this downgrade.

Fri, 01/13/2012 - 11:53 | Link to Comment Betty Swallsack
Betty Swallsack's picture

....is shorting Brie.  And will be drinking a Bordeaux throughout most of the day.

Fri, 01/13/2012 - 11:54 | Link to Comment The Limerick King
The Limerick King's picture

 

 

A few words for post-mortem FrAAAnce

You hardly were given a chAAAnce

Your old joie de vivre

Abruptly did leave

And left a foul stench in your pAAAnts

 

Fri, 01/13/2012 - 12:02 | Link to Comment Betty Swallsack
Betty Swallsack's picture

Here, my friend.  A glass of Château Lynch Bages, Pauillac for you.  We will now limerick together.  First, of course, a little ditty by Miss Fronch Hot Pants:

http://www.youtube.com/watch?v=6Ttwoee0uWo

 

Fri, 01/13/2012 - 12:11 | Link to Comment The Limerick King
The Limerick King's picture

Much appreciated dear Betty....you are an instant favorite of mine.  I have always considered French women to have a certain...Je n'est c'est quoi.  Love the video!

Fri, 01/13/2012 - 12:33 | Link to Comment economics1996
economics1996's picture

Nothing like some T & A on a Friday.

Fri, 01/13/2012 - 15:04 | Link to Comment kaiserhoff
kaiserhoff's picture

Music - 5

Chick - 10

But why does she need the nerds playing air guitar?

Fri, 01/13/2012 - 11:34 | Link to Comment MillionDollarBonus_
MillionDollarBonus_'s picture

Sorry but you morons actually think that S&P is a credible rating agency? LOL. Top Nobel Prize winning economists, top financial services professionals, and top government and Federal Reserve officials have expressed their almost UNANIMOUS divergence from S&P's ludicrous downgrade of US debt. Hmmmm. who should I believe? A bunch of doomer day traders on Zerohedge or top economic leaders and industry professionals?

 

 

Fri, 01/13/2012 - 11:34 | Link to Comment bnbdnb
bnbdnb's picture

You can believe whoever you want. EUR tanking regardless.

Fri, 01/13/2012 - 11:41 | Link to Comment American34
American34's picture

Is it true? Is Mr. Durden building an Army?

Fri, 01/13/2012 - 12:04 | Link to Comment Conrad Murray
Fri, 01/13/2012 - 12:26 | Link to Comment economics1996
economics1996's picture

MDB I use to believe in Santa Claus.  

Fri, 01/13/2012 - 13:30 | Link to Comment magis00
magis00's picture

Thank you for doing so, Mr. Conrad Murray.  My ads appear to be in Russian, now.

Fri, 01/13/2012 - 14:57 | Link to Comment magis00
magis00's picture

Forex in German?  Hookers in Taiwan?  Who am I?! Where am I from?!   <<-- Ron Paul tells us that freedom from tyranny is a right, and it feels damned good to feel free (even if I'm likely not, and still being tracked and put on watch lists . . . always more to learn. OpSec, etc.)

Fri, 01/13/2012 - 12:07 | Link to Comment Belarusian Bull
Belarusian Bull's picture

Where do i sign up?

Fri, 01/13/2012 - 11:57 | Link to Comment Shocker
Shocker's picture

So true...`

Fri, 01/13/2012 - 12:21 | Link to Comment Cadavre
Cadavre's picture

I have never seen "moron" and "ludicrous" used with such grace in a single post!

and ... regarding ...

Top Nobel Prize winning economists, top financial services professionals, and top government and Federal Reserve officials have expressed their almost UNANIMOUS divergence from S&P's ludicrous downgrade of US debt.

Right .... all the sissies that helped deliver our current calamity are right and everybody else is wrong ... still ... for top notch rhetorical impact my preferences for top drawer superlative phrasing would have been  best of the best or best of the best of the best or best of the best of the best of the bestest!

Heard the Obambi only needs another 20,000 confirmed kills of women, children and cripples to be a sure thing shoe-in for a second Nobel peace prize.

(i did not know Ricky Santorum posted on ZH - go long to your hearts content Ricky!!! ... wasn't his daughter a character actor in "Yellow Submarine"?)

Anyone betting we don't get the same FTSE close dip profile we usually get today?

On the market manipulation play by a US government front (QE whatever and limit increase): Guessing the top notch prez's request for a 1.2 Trill bump for a USD dump debt limit increase will counteract anything the S&P stamps on those guys across the pond that used GS for phynancial engineering will have the not too unexpected equalizing effect on US rating.

 

Fri, 01/13/2012 - 11:35 | Link to Comment mjk0259
mjk0259's picture

Since traders have increased what they will pay for US debt since the downgrade, there is no divergence of opinion to choose from.

Fri, 01/13/2012 - 11:38 | Link to Comment B-rock
B-rock's picture

That's not the point MillionDollar.  The point is IT MOVES THE MARKET.... and many of us here are TRADERS. We can smell the bullshit, but it's our living....

Fri, 01/13/2012 - 11:36 | Link to Comment GeneMarchbanks
GeneMarchbanks's picture
  • S&P says MDB above post upgraded to AA from AA-
Fri, 01/13/2012 - 11:38 | Link to Comment Nothing To See Here
Nothing To See Here's picture

Spot on. Just like when your bank tells you that your credit rating isnt good enough for a 4th mortgage, you should not believe them and get those equifax people hanged.

Fri, 01/13/2012 - 11:37 | Link to Comment iamoneman
iamoneman's picture

top economic leaders and industry professionals...

Any of these assholes call the 2008 crash? Just saying...

Fri, 01/13/2012 - 12:30 | Link to Comment economics1996
economics1996's picture

Austrian economist.

Fri, 01/13/2012 - 11:38 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

 

 

C'mon MDB, you can do better than that. :)

Off your game a bit today? :)

 

Fri, 01/13/2012 - 11:40 | Link to Comment homersimpson
homersimpson's picture

"top financial services professionals, and top government and Federal Reserve officials"

The ones that are really considered top don't work for the big FINANCIAL SERVICES firms, the gov't, or the federal reserve.

Call us doomer day traders, but it's obvious you're a dumbass day trader or just crying because the day is coming where sucking on the gov't nipple isn't going to support your lazy taxpayer-funded ass anymore.

The last I checked, I'll take a Hugh Hendry anyday over you scrubs in Wall Street whose compensation is tied to how much you pump up the stock market.

Fri, 01/13/2012 - 11:45 | Link to Comment foxenburg
foxenburg's picture

I think MDB was being ironic, tricky to get across in print.

Fri, 01/13/2012 - 11:53 | Link to Comment WonderDawg
WonderDawg's picture

Moronic, ironic, same thing with MDB.

Fri, 01/13/2012 - 11:53 | Link to Comment homersimpson
homersimpson's picture

He was being ironic as much as I hate Duff Beer and donuts.

Fri, 01/13/2012 - 11:40 | Link to Comment masterinchancery
masterinchancery's picture

The morons would be you and the various shills for the US government that you cite.  The US has 17 trillion in external debt and 130 trillion in unfunded entitlements(all growing $5 trillion/yr) with a (falsified) GDP of $15 trillion.  Perhaps you should examine the data in Rogoff and Reinhart's "This Time it's different" to see what happens in such situations.  The US should not even be A, let alone AAA.

Fri, 01/13/2012 - 11:40 | Link to Comment JPM Hater001
JPM Hater001's picture

"Sorry but you morons actually think that S&P is a credible rating agency?"

It must be Friday the 13th because other than calling us morons...rubber glue yada yada yada...I agree with MDB.

I'm going to go lay down now.  I may not come out till today is over.

I need a Klonopin.

Fri, 01/13/2012 - 12:48 | Link to Comment snowbaall
snowbaall's picture

France has no money?

That's a shame.

But French babes are smoking hot.  They smell like strawberries.

Here's a question.

What country actually has any money left?

Don't tell me China.  Talk about a hoax.

The entire fucking world is broke.

Fri, 01/13/2012 - 16:55 | Link to Comment CompassionateFascist
CompassionateFascist's picture

DK about money. But ZOG got the gold.

Fri, 01/13/2012 - 11:45 | Link to Comment bank guy in Brussels
bank guy in Brussels's picture

Props to Tyler for keeping the sarcastic posts of commenter MillionDollarBonus_ going ...

Despite all the negative down arrows from ZH readers who don't realise MDB is being pseudo-troll sarcastic.

Keep it up MDB, so often good for a ZH chuckle!

MDB might be an ongoing test for the ZH readership ... the up - down ratio a measure of how many 'get' the joke ... the real joke of course being the global economic propaganda, so well parodied and encapsulated in the tilted-angle comments of MDB.

Fri, 01/13/2012 - 11:54 | Link to Comment kridkrid
kridkrid's picture

I'm sure this will be down-voted, but my two cents: It clutters otherwise interesting threads.  I would prefer that the posts go away (voluntarily)

Fri, 01/13/2012 - 12:01 | Link to Comment NotApplicable
NotApplicable's picture

Meanwhile, I find the skewering of "conventional wisdom" to be not only entertaining, but enlightening, when its done correctly.

He kills the message though when engaging in name calling.

Fri, 01/13/2012 - 12:02 | Link to Comment Global Hunter
Global Hunter's picture

I gave MDB a green arrow just because of your post but I'm with kridkrid I pretty much know what the jist of the post will be as soon as I see his avatar/picture and skip it.

Fri, 01/13/2012 - 12:04 | Link to Comment Captain Kink
Captain Kink's picture

@ Krid

I agree.  the number of individuals that still take him seriously makes for some silly diversions.  Thanks for the laughs, MDB, but it may be time to hang it up.  Perhaps come up with a new avatar and different form of Satire?

Fri, 01/13/2012 - 12:10 | Link to Comment Hephasteus
Hephasteus's picture

Sarcasm is the hardest voice to hear.

It's but a whisper between friends.

Fri, 01/13/2012 - 11:50 | Link to Comment mess nonster
mess nonster's picture

DDT's on ZH! Right On! If you can't drain the swamp, then at least kill the disease ridden vermin that infect its stagnant waters!

Fri, 01/13/2012 - 11:52 | Link to Comment Yardfarmer
Yardfarmer's picture

@ $1,000,000 boner, you can definitely rule out the " top economic leaders and industry professionals" they don't have too much credibility anymore. i think i'll go with the ZH doomers for now, thanks.

Fri, 01/13/2012 - 11:52 | Link to Comment Hippocratic Oaf
Hippocratic Oaf's picture

Million Dollar Bonus=50 cent brain

Watch the shit hit the fan dude

SELL!

Fri, 01/13/2012 - 12:05 | Link to Comment Sauk Leader
Sauk Leader's picture

Yes Credible, however a lagging indicator. ZH downgraded these countries months if not years ago. Of course the Fed would say that, they own most of the debt, they cant stand losing anymore. First it was snap bracelets, then baseball cards, POGS, and Beanie Babies, there is no more room in the vault to keep this useless US Paper.

Fri, 01/13/2012 - 12:07 | Link to Comment Hedgetard55
Hedgetard55's picture

Excellent point, MDB, but you failed to mention the two most prominent analysts of all that support your position, Tim Geithner and Barack Obama.

Fri, 01/13/2012 - 12:07 | Link to Comment agent default
agent default's picture

No they are not.  A serious rating agency would have downgraded everyone to hell back in 2008.  At the latest.

Fri, 01/13/2012 - 12:24 | Link to Comment tekhneek
tekhneek's picture

MillionDollarPenis(YouWish)InYourMouthWhenYouTypeOnYourKeyboardGaylord_

Fri, 01/13/2012 - 11:34 | Link to Comment Kick_the_Kan
Kick_the_Kan's picture

I agree. Surprised with the timing. Will be interesting to see market reaction. S&P only major rating agency with any guts.

Fri, 01/13/2012 - 11:45 | Link to Comment BigJim
BigJim's picture

Quick! Attack Iran!

Fri, 01/13/2012 - 11:38 | Link to Comment Azannoth
Azannoth's picture

Gold is falling 15$ for every 5€ it rises hmmmm arbitrage?

Fri, 01/13/2012 - 11:40 | Link to Comment Vaiman
Vaiman's picture

How do we say to France??

Au revoir - Goodbye    

Adieu - Farewell

A la rentree - See you in the "fall" (and we ain't talkin about pretty leaves and harvest season)

V

Fri, 01/13/2012 - 12:13 | Link to Comment The_Emperor
The_Emperor's picture

That's where watching the Sound of Music with the wifey comes in handy :)

So long, farewell, Auf Weidersehen, goodbye

 

http://theimperatore.blogspot.com

Fri, 01/13/2012 - 11:47 | Link to Comment Vaiman
Vaiman's picture

They sure are!  According to breaking news on Bloomberg.  It's official!

 

BREAKING NEWS France to Lose AAA From S&P, AFP Says, Citing State Official

Fri, 01/13/2012 - 12:01 | Link to Comment Mister Ponzi
Mister Ponzi's picture

Which will inevitably lead to a downgrade of the credit rating of the EFSF.

Fri, 01/13/2012 - 13:14 | Link to Comment Urban Redneck
Urban Redneck's picture

That's the biggest, but hardly the only Bank of BS backstopped by the full faith and downgraded credit rating of France.  I really hope they drafted the standard follow on downgrade releases ahead of time, otherwise someone is going to have to put in some serious overtime this weekend.

Fri, 01/13/2012 - 13:23 | Link to Comment Flakmeister
Flakmeister's picture

You have some responses waiting for you elsewhere... me thinks you know where...

 

Fri, 01/13/2012 - 13:16 | Link to Comment Silver Bug
Silver Bug's picture

At least they won't be alone. Looks like we might have a mass burial today.

 

http://silverliberationarmy.blogspot.com/

Fri, 01/13/2012 - 11:27 | Link to Comment GeneMarchbanks
GeneMarchbanks's picture

"His entire life was a lie"

Fri, 01/13/2012 - 11:27 | Link to Comment The Deleuzian
The Deleuzian's picture

Better do another rerack Tyler...

Fri, 01/13/2012 - 11:27 | Link to Comment Badabing
Badabing's picture

no!!!

Fri, 01/13/2012 - 11:27 | Link to Comment SDRII
SDRII's picture

du bois.........

Fri, 01/13/2012 - 11:27 | Link to Comment Irish66
Irish66's picture

rumor is Austria

Fri, 01/13/2012 - 11:28 | Link to Comment tmosley
tmosley's picture

What's going on in this thre...Aw lawd.

Fri, 01/13/2012 - 11:28 | Link to Comment Bolweevil
Bolweevil's picture

Fitch! What say you?

Fri, 01/13/2012 - 11:29 | Link to Comment end da fed
end da fed's picture

Bonne nuit!

Fri, 01/13/2012 - 11:29 | Link to Comment RobotTrader
RobotTrader's picture

Gold just tanked.

 

James Turk has been chortling about a "systemic failure" in Europe.

Now he's got it.

And gold is getting gut-punched as a result.

I told those guys to root for Dow 15,000, not Dow 8,000

When will those clowns over at KWN learn?

Fri, 01/13/2012 - 11:33 | Link to Comment barkingbill
barkingbill's picture

long term will be ok, because massive printing will be done....but yes short term ive also been saying....gold/silver get sold like everything else in a panic. 

Fri, 01/13/2012 - 13:24 | Link to Comment DosZap
DosZap's picture

barkingbill

gold/silver get sold like everything else in a panic

Always amazes me at the tards, SELL real money for fiat shit in a panic.

Yep, makes sense to me.Get rid of real value for PAPER,from countries who couldn't buy, see,find a Black  entry in a Ledger anywhere.

Now, thats what I call Protection.

Only caveat to this if you need it to EAT.

Fri, 01/13/2012 - 11:37 | Link to Comment LoneStarHog
LoneStarHog's picture

Paper gold and silver are outperforming the markets by FOUR HUNDRED to SEVEN HUNDRED percent so far in 2012. Physical gold and silver are selling at a THIRTY+ PERCENT premium to the paper crap, IF you can find physical in quantity.

 

"Tanked"? ... Gold is down less than ONE PERCENT ... Learn percentages, fool!

 

Fri, 01/13/2012 - 11:41 | Link to Comment agent default
agent default's picture

That's a bit US centric, there are fully allocated ETFs, ring fenced from the issuer for  gold and silver, and they track COMEX prices.  It's just that they are not open/available to US citizens or everyone under the US persons act.  And remember: The terrorists hate our freedoms.  The fuck.

Fri, 01/13/2012 - 11:42 | Link to Comment HungrySeagull
HungrySeagull's picture

BURN PAPER METAL, BURN!

 

If you dont own Physical, you are going to be cremated in the INFERNO

 

Ignore the prices as long you dont sell lower than what you paid for delivery of physical metal.

Fri, 01/13/2012 - 11:47 | Link to Comment agent default
agent default's picture

Yep, now that everyone is scrambling for liquidity, and everything will go down, or the dollar will rise relatively to everything, the Bernank will scream deflation is here, and he will print moar and QE moar and then everyone sitting on cash will panic as they realize that not only is he printing now but that he has never really stopped, and the panic buying of hard assets will begin for real.  If PMs dip, this is the dip to buy.  Then again I could be wrong, because gold is backed by nothing, and the USD is backed by the FED and the US government, or something.

Fri, 01/13/2012 - 11:43 | Link to Comment EscapeKey
EscapeKey's picture

I measure market performance on the back of the amount of establishment propaganda you feel the need to spawn.

Fri, 01/13/2012 - 11:42 | Link to Comment AC_Doctor
AC_Doctor's picture

RoboRoach scrurries from his dank crevice to post and back like a flash, out of the light into saftey of his beloved windowless world...

Fri, 01/13/2012 - 12:05 | Link to Comment Global Hunter
Global Hunter's picture

blah blah blah you can't beat uncle gorilla paper blah blah blah (uncle gorilla paper is a term now etched in my memory for Pete's sake!!!)

Fri, 01/13/2012 - 11:42 | Link to Comment masterinchancery
masterinchancery's picture

Since when does rooting matter.  Gold will do fine in the end, when US dollars are being used for kindling and cage liners.

Fri, 01/13/2012 - 11:55 | Link to Comment mess nonster
mess nonster's picture

Those cages will be the punishment cells in the FEMA camps, no? How nice of them to line them!

Fri, 01/13/2012 - 11:50 | Link to Comment LULZBank
LULZBank's picture

When will those clowns over at KWN learn?

When they get a better view in their rear view mirror.

Fri, 01/13/2012 - 12:47 | Link to Comment Yardfarmer
Yardfarmer's picture

@ Robo wanker systemic failure is Europe will take some time to fully devolve and is definitely gold positive. gold seems to be more correlated with the EUR/USD than equities. in fact if you haven't noticed Au and equities are positively correlated. your personal animus for the gold bugs is a little tiresome. think more. react less. find a woman. and lay off the porn sites. you'll be better off for it. http://www.24hgold.com/english/news-gold-silver-gold-correction-is-over....

Fri, 01/13/2012 - 11:29 | Link to Comment kridkrid
kridkrid's picture

She was barely even legal (Outside of Tennessee, Oregon, North Dakota, Iowa, California and Arizon, anyway).

Fri, 01/13/2012 - 11:55 | Link to Comment Conrad Murray
Conrad Murray's picture

And, yet, practically geriatric by the Vatican's consideration.

Fri, 01/13/2012 - 12:01 | Link to Comment kridkrid
kridkrid's picture

and unfortunately, female.

Fri, 01/13/2012 - 11:29 | Link to Comment lizzy36
lizzy36's picture

FT reporting downgrade of France and Austria is one notch to AA+.

Fri, 01/13/2012 - 11:31 | Link to Comment Hansel
Hansel's picture

Oh no!  AAA to AA+?!?! What is this world coming to?!  Is it just me, or is this charade ridiculous?  When does Fitch respond by downgrading the U.S.?

Fri, 01/13/2012 - 11:37 | Link to Comment GeneMarchbanks
GeneMarchbanks's picture

Fitch is a bitch. They aren't allowed to respond.

Fri, 01/13/2012 - 12:04 | Link to Comment HoofHearted
HoofHearted's picture

Might this be the smokescreen before the discussion on raising the US debt ceiling brings the drop of another notch for the US? Are we just hoping the markets will grade on a curve???

Fri, 01/13/2012 - 11:49 | Link to Comment Betty Swallsack
Betty Swallsack's picture

It's that damn Hansel.  He's so hot right now.  No downgrade there.

Fri, 01/13/2012 - 12:03 | Link to Comment WonderDawg
WonderDawg's picture

The AAA rating is significant for many reasons. I don't have time to educate you, but people are making a big deal of this for a reason.

Fri, 01/13/2012 - 11:29 | Link to Comment RaymondKHessel
RaymondKHessel's picture

bonsoir

got bonds?

Fri, 01/13/2012 - 12:08 | Link to Comment Captain Kink
Captain Kink's picture

Zeros, Bitchez

Fri, 01/13/2012 - 11:30 | Link to Comment stocktivity
stocktivity's picture

Who will want to hold long going into a 3 day weekend???

Fri, 01/13/2012 - 11:30 | Link to Comment Flounder
Flounder's picture

It's on Le Monde

La note de la France dégradée par Standard & Poor's, selon une source gouvernementale
L'agence de notation Standard & Poor's a dégradé la note AAA de la France, vendredi, ainsi que celle de plusieurs pays européens, selon une source gouvernementale citée anonymement par l'AFP.

Fri, 01/13/2012 - 11:34 | Link to Comment TruthInSunshine
TruthInSunshine's picture

You mean to tell me that France has odious sovereign debt, and its banking sector is riddled with serious, infectious diseases?

No way.

Sarkozy & his lackeys have told everyone that France, the French banking sector, and the EU as a whole, were strong & well-capitalized.

Sarkozy is a man of honor, decency & truth telling.

S&P needs to reassess their figures. A comma or decimal point has been misplaced somewhere.

Fri, 01/13/2012 - 11:30 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Quelle horreur!

Fri, 01/13/2012 - 11:30 | Link to Comment Schmuck Raker
Schmuck Raker's picture

Dance, Tyler, dance.

Fri, 01/13/2012 - 11:34 | Link to Comment Jlmadyson
Jlmadyson's picture

Now where is Moody's hiding? When are they going to man the shit up and downgrade the US and Eurozone.

 

Haha CNBC QE3 talk right on time.

Fri, 01/13/2012 - 11:31 | Link to Comment _ConanTheLibert...
_ConanTheLibertarian_'s picture

what is LMFAO in French? :-D

Fri, 01/13/2012 - 11:41 | Link to Comment end da fed
end da fed's picture

rire mon cul baise hors

Fri, 01/13/2012 - 11:55 | Link to Comment Archduke
Archduke's picture

?!?  google lingua realy doesn't cut it for idioms..

 

j'en tombe sur le cul de rire (TSLCDR)



Fri, 01/13/2012 - 12:13 | Link to Comment end da fed
end da fed's picture

oui,oui! Google translate :-)

 

"I fall on my ass laughing"???

 

what about the "F"? that's the best part!

Fri, 01/13/2012 - 12:48 | Link to Comment Archduke
Archduke's picture

+1 quite right.  keep the F: (fuck, fuckin == foutre, foutu).

 

j'en tombe sur le foutu cul de fou-rire. (TSLFCDFR)

Fri, 01/13/2012 - 12:54 | Link to Comment end da fed
end da fed's picture

much foutu better

Fri, 01/13/2012 - 12:32 | Link to Comment pods
pods's picture

LMFAO's still LMFAO, but they call it "le LMFAO."

pods

 

Fri, 01/13/2012 - 11:31 | Link to Comment Bunker Boy
Bunker Boy's picture

Sark and Team Frogmen will cozy up to the Kaizer biatch of the Fourth Reich. Team Frogmen will carry the Kaiser's water from here on out.

Fri, 01/13/2012 - 11:31 | Link to Comment SoNH80
SoNH80's picture

De Gaulle called LBJ's bluff, and Nixon folded in '71.  Now the shoe is on the other foot.  Sacre bleu....

Fri, 01/13/2012 - 11:46 | Link to Comment kridkrid
kridkrid's picture

The whole western world shares the same putrid shoe.  De Gaulle was right... and the world went off the rails when Nixon folded.  The whole thing is coming down together.

Fri, 01/13/2012 - 12:02 | Link to Comment SoNH80
SoNH80's picture

Agreed, +1.  Ironies.... France fights first Vietnam war, asks for U.S. intervention in '54, Ike refuses.  U.S. c/o JFK and LBJ gets sucked into second Vietnam war, prints to pay for it.  France c/o DeGaulle demands redemption of excess printed dollars in Gold.  Bretton Woods dies.  And 40 years later.....

Fri, 01/13/2012 - 12:08 | Link to Comment HoofHearted
HoofHearted's picture

...on a long enough timeline...

Fri, 01/13/2012 - 12:26 | Link to Comment kridkrid
kridkrid's picture

:-).  Great scene in Apocalypse Now Redux touching on the very subject... it didn't make it into the original, but did into the re-release.  Love the scene.

Fri, 01/13/2012 - 11:31 | Link to Comment The Axe
The Axe's picture

hedge funds blowing up Greece to make their vigi, France downgrade..more etc etc...yet the market goes down(equity) 150....please market is broken.....Europe could be in flames....NY Fed would be buying E-minis....lol joke

Fri, 01/13/2012 - 11:31 | Link to Comment Jim in MN
Jim in MN's picture

http://www.youtube.com/watch?v=LqB9lhHqmsE&feature=fvsr


Cheap Trick, 'Surrender' live on Midnight Special

sniff

Fri, 01/13/2012 - 11:31 | Link to Comment Flounder
Flounder's picture

So now is a good time to buy Euros?

Fri, 01/13/2012 - 11:34 | Link to Comment Frank N. Beans
Frank N. Beans's picture

Flounder, you're supposed to say, "Oh boy, this is great!!!"

Fri, 01/13/2012 - 11:47 | Link to Comment Flounder
Flounder's picture

S&P in a French supermarket: May I have ten thousand marbles, please?

Fri, 01/13/2012 - 11:32 | Link to Comment Habyarimana
Habyarimana's picture

et maintenant, que vais-je faire...

Fri, 01/13/2012 - 11:32 | Link to Comment San Diego Gold Bug
San Diego Gold Bug's picture

Great wine but other than that she won't be missed!

Fri, 01/13/2012 - 11:36 | Link to Comment Flakmeister
Flakmeister's picture

Don't forget the cheese....

Fri, 01/13/2012 - 11:45 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

...and the fresh bread.

Fri, 01/13/2012 - 12:25 | Link to Comment Randall Cabot
Randall Cabot's picture

...and that goose liver stuff

Fri, 01/13/2012 - 12:30 | Link to Comment Flakmeister
Flakmeister's picture

Yummmm....  Foie gras d'oie

and the cognac....

Fri, 01/13/2012 - 13:00 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

...definetly Cognac and also Eva Green...

Fri, 01/13/2012 - 13:02 | Link to Comment Flakmeister
Flakmeister's picture

....and skiing in the Alps and the topless beaches on the Cote D'Azur

Fri, 01/13/2012 - 13:56 | Link to Comment jplotinus
jplotinus's picture

France is more than just great wine. Try food, pastry, healthcare, tendency towards socialism and culture to name five.

VivAA France

Fri, 01/13/2012 - 14:23 | Link to Comment Flakmeister
Flakmeister's picture

Did you know that France imports the same amount of oil as they did in the 1970's???

Fri, 01/13/2012 - 11:32 | Link to Comment kengland
kengland's picture

Market is yawning as I type considering all of the hyperbole in this post

Fri, 01/13/2012 - 11:33 | Link to Comment Dr. Engali
Dr. Engali's picture

Remind me again..wasn't AIG triple rated?

Fri, 01/13/2012 - 11:33 | Link to Comment RobotTrader
RobotTrader's picture

German Bund Futures hitting record highs this morning.

 

http://www.reuters.com/article/2012/01/13/markets-bonds-euro-idUSL6E8CD1...

Paper, Bitchez!!

Fri, 01/13/2012 - 11:36 | Link to Comment Rodolfito
Rodolfito's picture

El Guapo from 3 Amigos: 'I like this guy, he's a funny guy ..'

Fri, 01/13/2012 - 11:43 | Link to Comment homersimpson
homersimpson's picture

More like "Why should I pay you commission to lose money for me bitchez!"

Fri, 01/13/2012 - 11:48 | Link to Comment AC_Doctor
AC_Doctor's picture

RoboRoach, thanks, an intelligent and astute post once in a while happens by accident.  French debt is going to tank and CDS rocket up and Germany is going to be a big loser because it's holding a large portion of France's shit debt.

Fri, 01/13/2012 - 12:27 | Link to Comment cranky-old-geezer
cranky-old-geezer's picture

 

 

Robo dreams on, wishing he was in those paper markets, just watching from the sidelines. 

Fri, 01/13/2012 - 11:34 | Link to Comment uno
uno's picture

look at the bright side, maybe we get more events in France like this

http://www.youtube.com/watch?feature=player_embedded&v=yUlOESvphDE

BTW best comment on it:  imagine if they tried this in the USA on Black Friday with the supersized bodies

Fri, 01/13/2012 - 11:40 | Link to Comment chinaguy
chinaguy's picture

"imagine if they tried this in the USA on Black Friday with the supersized bodies"

...in Houston - LOL

Fri, 01/13/2012 - 11:44 | Link to Comment uno
uno's picture

Disneyworld or any all you can eat buffet 

Fri, 01/13/2012 - 12:14 | Link to Comment HoofHearted
HoofHearted's picture

I'm pretty sure I know the exact store in Lyon. You couldn't get 100 average-sized Americans into that place. Way too much flesh and flab. For Americans, it would be limited to the first 25 in their undergarments rather than the first 100.

Fri, 01/13/2012 - 11:34 | Link to Comment eric89074
eric89074's picture

This is not fair! The US governmnet needs to investigate S&P immediately. We need confidence not downgrades!!!

Do NOT follow this link or you will be banned from the site!