- advertisements -
There's not a lot gets past these guys is there?
Does anybody have any update on Fukushima?
It's always nice to know who's being irradiated and when, and especially when it might be one's self...
lol, hot seat, hot statistics and cold fear knee jerks. You can smell the odour of sweaty fear from these predictions. Like in a Hitchcockian movie.
Doesn't Timmmaugh and the Fed tell the IMF what to say.... hummmm
It's the reverse, the IMF is Timmy's boss, but they all report to the BIS.
yep, sometimes you just can't beat a good calamity to start off your day...
Funny how this happens on the exact day that Bernankey and Friends begin their special two-day meeting, and I don't mean funny ha-ha.
Saw a report from Al Jazeera saying scientists (other than government) recommend evacuating parts of Tokyo.
The report is towards the bottom (youtube)
George Washington keeps a pretty good eye on that. I'm curious about the explosion in France. I haven't heard crap about that.
Clearly a bullish sign. Dax 8,000 here we come.
Now let me see, if the IMF is cutting its estimates of 'growth' to still positive figures, where is all this 'deflation' everyone keeps banging on about?
BULLISH. Gawd the good news keep coming just in time for the stock market to keep going up.
You know, I've been looking for years for an 'unbullish' event but just can't seem to find one...
Time to fire up the RPM's on the printers...bitchez.
Welcome to the top of the delta function folks. Certainly a great view from up here.
Death by 1007 cuts!
-1% within 2 months... nice. What will it be in November? 2011 growth 0.5%??
Down 25 percent. That's the type of living standard cut that accompanies default on such a scale.
Ya if the bubble pops, the GDP is gonna take a dive of at least 20% the first year.
""Something BIGGEST must be coming"
So much for China bailing out the PIIGS...
BOC halts forex swaps with European banks
(AFP) – 1 hour ago
The Bank of China (BOC), one of the country's "Big Four" lenders, this week suspended trading of foreign exchange swaps with some European banks, Dow Jones Newswires reported Tuesday.
French banks BNP Paribas and Societe Generale and Swiss lender UBS, which is currently facing a rogue trading scandal, are among those affected by the suspension, the report said.
Bank of China halted the trades after it reached the limit on its trading credit lines with some European banks, Dow Jones reported.
That's OK. A quick switch of the printer plates and the Bernank can start cranking out a big steaming pile of Renminbi. It's all clownbux, so does it really matter which clown's face is on it?
Global ZIRP is the answer. What was the question again?
What is the fastest way to destroy productive capital as well as every economy (both real and fraudulent) and revert the world to a gold standard under pinned by trade and barter OR start a world war?
Either way TPTB will come out the other side unscathed, win-win.
Key question here is whether the markets will respond to the IMF's "voice." There's nothing new or insightful in these proclamations, but'd be real interesting if suddenly the market levitation took a hit.
(channelling) We are the Priests of the Temples of Syrinx...
Look at GOLD chart 30 min, Second day in the row
same time same actions.
FED/Goldman? Rising in Asia session and Dumped in NY session?
Co-accident my A$$.
Good observation, fdisk. It's amazing how the U.S. overnight market (Asian day) behaves so "differently" than it does in the daytime.
Opacity is the last deadbolt of the power vault.
Wow! Why doesn't the IMF just ask for QE3 instead of all this foreplay?
Real question is whether they "ask" or "direct", no? Aren't these little "statements" all test balloons to monitor (orchestrate?) market response? Just sayin...
This is the IMF? Hahahahahah. Lower interest rates? Bailout banks? Hahahahaha. Certainly not familiar with this organization. Just ask anyone else on the planet what an IMF plan looks like. This ain't it. Greece should exit the euro right now.
Dear Ms Lagarde, Nothing new here; perhaps you should start reading Zero Hedge.
Ready - Bernak, Set - ink cartridges, Go - print!
The market obviously priced in worse, this is bullish. No need for QE3
If 100 million working class Americans need to starve to death to keep the global ponzi going then so be it. That is the mandate of the Fed and that is what we will get.
The United States is a dead country and it has already been written off in favor of the new Ponzi blood in the form of a billion Chinese. You only have to suck 1/10th the blood of a chinese man to get the same fill of an American. There is just so many cattle over there. American cattle are all skin and bones.
The stock market is nothing but a carrot on a stick leading youto the slaughterhouse. They tell you they are leading you to riches, but you never actually have the time to cash out.
"... Everybody's gone Serfin' ... Serfin' U.S.A."
I wish I were kidding but the money that the Fed is throwing out of a helicopter via Uncle Ben and the Wild Rice GOES DIRECTLY INTO EQUITIES....RUT2K IN PARTICULAR....WHO ELSE IS PROPPING THIS MARKET UP?
Why does one suppose The Ben Bernank is so opposed to the Fed being audited. Could it be he doesn't want to stir a panic if we all knew how the Fed was really operating?
Funny everyone begging for Bernanke to act while ackowledging that he in all likely hood no matter what he does, the tumor ain't going to shrink. Hey put the unintended consequences sure will be fun.
..Lest we forget
The IMF always wants payback in gold.
Here is the US report:
Basically they say we are fucked.
.... methinks this is net 'positive' ...... it is not 'negative' enough ... (forget reality ....'reality' only exists when one cannot pay one's bills or feed oneself). It is 'negative' on it's face and 'analysis' (we are f*cked... the world as we know it may end , etc.) and will probably elicit desired results QE whatever) but it could have been Gerald Celente-like is my point.
As a previous poster put it ..... the fact they are still universally citing 'positive' percentages, albeit with a clear deceleration re-rate.
Now is my time to exit equities when I got caught by USA downgrade as was indecisive in July and then went on spur-of-moment family vaca .....
Sprott ... here I come ....
EU needs QE'ing badly looks like.
Swipe yo EBT Bitchezz!
All of this news should be extremely bullish for these schizophrenic markets. I am perplexed that the market is failing to put up 20-40 points in the S&P on this news.
I mean, it less bad, right?
Wait a minute. Now we pay heed to what these inept economists are telling us? Is there anyone that still believed the U.S. would experience ROBUST GROWTH in 2011 and 2012? I guess only these IMF clowns still did!
In late 2008 they still could not see the crisis and now we are taking their word seriously? In mid-2009 they were saying that "we ain't seen nothing yet" right in the face of one of the biggest 1-year equity rallies in history?
Just disregard 99% of what they say and do, they are so behind the curve in every aspect. When the last bull turns bear (and vice-versa) is usually a good time to go against the tide.
The USD is set for higher levels once Bernanke speaks tomorrow. EURUSD http://bit.ly/qokwK8 AUDUSD http://bit.ly/nN3SrN USDCAD http://bit.ly/ncvFDL
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.