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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.

 

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Fri, 01/13/2012 - 11:26 | 2061442 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 | 2061481 B-rock
B-rock's picture

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

Fri, 01/13/2012 - 11:44 | 2061564 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 | 2061680 redpill
redpill's picture

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

Fri, 01/13/2012 - 12:14 | 2061728 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 | 2062391 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 | 2063025 CompassionateFascist
CompassionateFascist's picture

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

Fri, 01/13/2012 - 12:20 | 2061762 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 | 2062176 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 | 2061565 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 | 2061771 economics1996
economics1996's picture

About March.

Fri, 01/13/2012 - 11:48 | 2061595 T-roll
T-roll's picture

The carnage will come shortly before the close

Fri, 01/13/2012 - 11:56 | 2061619 hedgeless_horseman
hedgeless_horseman's picture

 

 

Carnage indeed! 

BREAKING NEWS FROM FRANCE

h/t Yahoo's frontpage.

Fri, 01/13/2012 - 11:57 | 2061637 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 | 2061652 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 | 2061597 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 | 2061483 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 | 2061568 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 | 2061606 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 | 2061618 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 | 2061717 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 | 2061840 economics1996
economics1996's picture

Nothing like some T & A on a Friday.

Fri, 01/13/2012 - 15:04 | 2062599 kaiserhoff
kaiserhoff's picture

Music - 5

Chick - 10

But why does she need the nerds playing air guitar?

Fri, 01/13/2012 - 11:34 | 2061497 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 | 2061502 bnbdnb
bnbdnb's picture

You can believe whoever you want. EUR tanking regardless.

Fri, 01/13/2012 - 11:41 | 2061543 American34
American34's picture

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

Fri, 01/13/2012 - 12:04 | 2061687 Conrad Murray
Fri, 01/13/2012 - 12:26 | 2061785 economics1996
economics1996's picture

MDB I use to believe in Santa Claus.  

Fri, 01/13/2012 - 13:30 | 2062168 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 | 2062571 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 | 2061699 Belarusian Bull
Belarusian Bull's picture

Where do i sign up?

Fri, 01/13/2012 - 11:57 | 2061561 Shocker
Shocker's picture

So true...`

Fri, 01/13/2012 - 12:21 | 2061764 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 | 2061507 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 | 2061510 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 | 2061512 GeneMarchbanks
GeneMarchbanks's picture
  • S&P says MDB above post upgraded to AA from AA-
Fri, 01/13/2012 - 11:38 | 2061516 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 | 2061519 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 | 2061813 economics1996
economics1996's picture

Austrian economist.

Fri, 01/13/2012 - 11:38 | 2061523 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 | 2061526 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 | 2061578 foxenburg
foxenburg's picture

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

Fri, 01/13/2012 - 11:53 | 2061613 WonderDawg
WonderDawg's picture

Moronic, ironic, same thing with MDB.

Fri, 01/13/2012 - 11:53 | 2061614 homersimpson
homersimpson's picture

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

Fri, 01/13/2012 - 11:40 | 2061535 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 | 2061539 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 | 2061955 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 | 2063065 CompassionateFascist
CompassionateFascist's picture

DK about money. But ZOG got the gold.

Fri, 01/13/2012 - 11:45 | 2061575 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 | 2061615 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 | 2061661 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 | 2061671 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 | 2061673 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 | 2061712 Hephasteus
Hephasteus's picture

Sarcasm is the hardest voice to hear.

It's but a whisper between friends.

Fri, 01/13/2012 - 11:50 | 2061598 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 | 2061600 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 | 2061604 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 | 2061691 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 | 2061696 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 | 2061700 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 | 2061776 tekhneek
tekhneek's picture

MillionDollarPenis(YouWish)InYourMouthWhenYouTypeOnYourKeyboardGaylord_

Fri, 01/13/2012 - 11:34 | 2061498 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 | 2061574 BigJim
BigJim's picture

Quick! Attack Iran!

Fri, 01/13/2012 - 11:38 | 2061522 Azannoth
Azannoth's picture

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

Fri, 01/13/2012 - 11:40 | 2061538 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 | 2061724 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 | 2061580 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 | 2061663 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 | 2062086 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 | 2062136 Flakmeister
Flakmeister's picture

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

 

Fri, 01/13/2012 - 13:16 | 2062098 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 | 2061444 GeneMarchbanks
GeneMarchbanks's picture

"His entire life was a lie"

Fri, 01/13/2012 - 11:27 | 2061445 The Deleuzian
The Deleuzian's picture

Better do another rerack Tyler...

Fri, 01/13/2012 - 11:27 | 2061447 Badabing
Badabing's picture

no!!!

Fri, 01/13/2012 - 11:27 | 2061448 SDRII
SDRII's picture

du bois.........

Fri, 01/13/2012 - 11:27 | 2061449 Irish66
Irish66's picture

rumor is Austria

Fri, 01/13/2012 - 11:28 | 2061451 tmosley
tmosley's picture

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

Fri, 01/13/2012 - 11:28 | 2061454 Bolweevil
Bolweevil's picture

Fitch! What say you?

Fri, 01/13/2012 - 11:29 | 2061458 end da fed
end da fed's picture

Bonne nuit!

Fri, 01/13/2012 - 11:29 | 2061459 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 | 2061488 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 | 2062135 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 | 2061494 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 | 2061532 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 | 2061547 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 | 2061508 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 | 2061534 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 | 2061545 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 | 2061692 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 | 2061546 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 | 2061620 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 | 2061599 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 | 2061948 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 | 2061460 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 | 2061623 Conrad Murray
Conrad Murray's picture

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

Fri, 01/13/2012 - 12:01 | 2061662 kridkrid
kridkrid's picture

and unfortunately, female.

Fri, 01/13/2012 - 11:29 | 2061463 lizzy36
lizzy36's picture

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

Fri, 01/13/2012 - 11:31 | 2061474 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 | 2061517 GeneMarchbanks
GeneMarchbanks's picture

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

Fri, 01/13/2012 - 12:04 | 2061685 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 | 2061592 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 | 2061682 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 | 2061465 RaymondKHessel
RaymondKHessel's picture

bonsoir

got bonds?

Fri, 01/13/2012 - 12:08 | 2061646 Captain Kink
Captain Kink's picture

Zeros, Bitchez

Fri, 01/13/2012 - 11:30 | 2061467 stocktivity
stocktivity's picture

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

Fri, 01/13/2012 - 11:30 | 2061468 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 | 2061469 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 | 2061470 hedgeless_horseman
hedgeless_horseman's picture

 

 

Quelle horreur!

Fri, 01/13/2012 - 11:30 | 2061472 Schmuck Raker
Schmuck Raker's picture

Dance, Tyler, dance.

Fri, 01/13/2012 - 11:34 | 2061473 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 | 2061475 _ConanTheLibert...
_ConanTheLibertarian_'s picture

what is LMFAO in French? :-D

Fri, 01/13/2012 - 11:41 | 2061541 end da fed
end da fed's picture

rire mon cul baise hors

Fri, 01/13/2012 - 11:55 | 2061626 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 | 2061647 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 | 2061952 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 | 2061978 end da fed
end da fed's picture

much foutu better

Fri, 01/13/2012 - 12:32 | 2061832 pods
pods's picture

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

pods

 

Fri, 01/13/2012 - 11:31 | 2061476 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 | 2061477 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 | 2061577 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 | 2061668 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 | 2061703 HoofHearted
HoofHearted's picture

...on a long enough timeline...

Fri, 01/13/2012 - 12:26 | 2061787 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 | 2061478 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 | 2061479 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 | 2061480 Flounder
Flounder's picture

So now is a good time to buy Euros?

Fri, 01/13/2012 - 11:34 | 2061503 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 | 2061584 Flounder
Flounder's picture

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

Fri, 01/13/2012 - 11:32 | 2061484 Habyarimana
Habyarimana's picture

et maintenant, que vais-je faire...

Fri, 01/13/2012 - 11:32 | 2061485 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 | 2061509 Flakmeister
Flakmeister's picture

Don't forget the cheese....

Fri, 01/13/2012 - 11:45 | 2061570 hedgeless_horseman
hedgeless_horseman's picture

 

 

...and the fresh bread.

Fri, 01/13/2012 - 12:25 | 2061781 Randall Cabot
Randall Cabot's picture

...and that goose liver stuff

Fri, 01/13/2012 - 12:30 | 2061808 Flakmeister
Flakmeister's picture

Yummmm....  Foie gras d'oie

and the cognac....

Fri, 01/13/2012 - 13:00 | 2062010 hedgeless_horseman
hedgeless_horseman's picture

 

 

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

Fri, 01/13/2012 - 13:02 | 2062030 Flakmeister
Flakmeister's picture

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

Fri, 01/13/2012 - 13:56 | 2062290 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 | 2062440 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 | 2061486 kengland
kengland's picture

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

Fri, 01/13/2012 - 11:33 | 2061492 Dr. Engali
Dr. Engali's picture

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

Fri, 01/13/2012 - 11:33 | 2061493 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 | 2061513 Rodolfito
Rodolfito's picture

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

Fri, 01/13/2012 - 11:43 | 2061554 homersimpson
homersimpson's picture

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

Fri, 01/13/2012 - 11:48 | 2061557 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 | 2061783 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 | 2061495 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 | 2061536 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 | 2061558 uno
uno's picture

Disneyworld or any all you can eat buffet 

Fri, 01/13/2012 - 12:14 | 2061726 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 | 2061496 eric89074
eric89074's picture

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

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