• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

ITALY BREAKS: Entire FTSE MIB Is Now Suspended

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Thu, 08/04/2011 - 10:07 | 1523677 papaswamp
papaswamp's picture

head for the beach bitchez!

Thu, 08/04/2011 - 10:43 | 1523771 Fish Gone Bad
Fish Gone Bad's picture

Don't forget the SPF 2,000,000.  Bank meltdowns give off a lot of radiation.

Thu, 08/04/2011 - 11:09 | 1523857 eureka
eureka's picture

Margaret Brennan getting ready to breastfeed banksters live on Bloomberg. Nurturing, Bitchez.

Thu, 08/04/2011 - 12:12 | 1524107 Gold Man-Sacks
Gold Man-Sacks's picture

I sure wish she'd breastfeed me.

Thu, 08/04/2011 - 15:20 | 1524442 smlbizman
smlbizman's picture

she has never turned my head....but today i saw her on  hi-def....her tittys looked like two kittens playin under satin sheets....now i can start masturbating to her instead of my gold.... 

Thu, 08/04/2011 - 11:14 | 1523877 alpha60
alpha60's picture

suspended? i am getting normal prices for FTSE MIB, down 541 or 3.18% currently. pls clarify.

Thu, 08/04/2011 - 10:10 | 1523679 hedgeless_horseman
hedgeless_horseman's picture

How does one you say, "I thought my money was safe at the bank," in Italian?

Thu, 08/04/2011 - 10:18 | 1523714 fuu
fuu's picture

Pensavo che i miei soldi al sicuro in banca?

Thu, 08/04/2011 - 11:00 | 1523823 Idiocracy
Idiocracy's picture

pensavo che i miei soldi fossero al sicuro in banca.  Fan culo !!!

Thu, 08/04/2011 - 10:41 | 1523765 jus_lite_reading
jus_lite_reading's picture

 I think its "fungool"



Thu, 08/04/2011 - 11:05 | 1523844 viahj
viahj's picture


Thu, 08/04/2011 - 11:37 | 1523964 Yancey Ward
Yancey Ward's picture

I don't know how you say that, but the reply is "Ciao, Chumparino!"

Thu, 08/04/2011 - 10:07 | 1523681 Archimedes
Archimedes's picture


Thu, 08/04/2011 - 10:08 | 1523686 Akrunner907
Akrunner907's picture

Damn,  and I am waiting on delivery of my last 17,000 servings of freeze dried food.

Thu, 08/04/2011 - 10:32 | 1523757 New Survivalist
New Survivalist's picture

That's funny shit if it was meant to be. Totally choked on my bacon, egg, and cheese biscuit.

Yeah, but no, time to finish up those prep plans. Had a nice long conversaton with the wifey by the fire pit last night. She was talking about some co-workers who have this 5-10-and 20 year plan. She thought that was a joke, too.

Right now we all need life plans that range from two-weeks to up to a year. If we make it that far, wash, rinse, count your barbarous relics, and then revise the plan.


Thu, 08/04/2011 - 10:09 | 1523690 HoofHearted
HoofHearted's picture

Desperation, bitchez!!!

Thu, 08/04/2011 - 10:09 | 1523692 HoofHearted
HoofHearted's picture

Desperation, bitchez!!!

Thu, 08/04/2011 - 10:09 | 1523693 lieutenantjohnchard
lieutenantjohnchard's picture

not hoping for something bad to happen to italy but since i'm planning to take the entourage to italy next year if the lira is back in play it may help on the cost front a bit.

Thu, 08/04/2011 - 10:10 | 1523694 dwdollar
dwdollar's picture

They're coming to break some kneecaps bitchez.

Thu, 08/04/2011 - 10:10 | 1523695 Misean
Misean's picture

Whatsa matta for you?

Thu, 08/04/2011 - 10:10 | 1523696 falak pema
falak pema's picture

In the meantime will they repair the hole in that place which got blasted by quake and clean up the municipal waste mess in Naples? I

t is xummer and the tourists want to see other things than smelly waste dumps open to the air and unrepaired villages that he promised to put right.

Thu, 08/04/2011 - 10:25 | 1523739 franzpick
franzpick's picture

When we left Pozzuoli on the ferry to Ischia, we saw at anchor 5 super-yachts over 100', wondering which one of them was owned by the garbage king of Napoli. Compared to the trash being dumped in the world financial markets, his is a relatively clean business.

Thu, 08/04/2011 - 10:10 | 1523697 caerus
caerus's picture

mamma mia!

Thu, 08/04/2011 - 10:13 | 1523702 PaperBugsBurn
PaperBugsBurn's picture

www.zerohedge.com servers are about to fail... took 5 minutes to load this page



Thu, 08/04/2011 - 10:50 | 1523787 Poule Mouillee
Poule Mouillee's picture

Dammit Sacrilege, we NEED - MORE - POWER!!!

Try re-routing through the Secondary Coupling, or bypass a Jeffries Tube or something!!!

Thu, 08/04/2011 - 10:13 | 1523704 virgule
virgule's picture

Reading ZH these days is like watching a 2011 version of Speed.
The funny thing is that all my friends who drink MSM seem to be standing outside the theater!

Thu, 08/04/2011 - 10:14 | 1523705 Paper CRUSHer
Paper CRUSHer's picture

Damn i picked the wrong week to quit sniffin' glue.

Thu, 08/04/2011 - 10:16 | 1523708 fuu
fuu's picture

Where did I put my Dow 10k hat?

Thu, 08/04/2011 - 11:32 | 1523900 Captain Planet
Captain Planet's picture

Corexit Bitchez

Thu, 08/04/2011 - 10:16 | 1523710 swissaustrian
swissaustrian's picture

World wide market holiday soon, bitchez.

Thu, 08/04/2011 - 10:30 | 1523753 zorba THE GREEK
zorba THE GREEK's picture


Thu, 08/04/2011 - 10:17 | 1523712 fiftybagger
fiftybagger's picture


Thu, 08/04/2011 - 10:20 | 1523722 doomandbloom
doomandbloom's picture


Thu, 08/04/2011 - 10:18 | 1523715 espirit
espirit's picture

Parachute packed?

Thu, 08/04/2011 - 10:18 | 1523717 Dr. Engali
Dr. Engali's picture

Bad day for the servers to take a crap.  I hope I don't have to turn on CNBC. It would pain me to here them spin GM all day.

Thu, 08/04/2011 - 10:18 | 1523718 Hobbleknee
Hobbleknee's picture


Thu, 08/04/2011 - 10:19 | 1523721 youngman
youngman's picture

Its August...they all take a vacation for August..nothing new here

Thu, 08/04/2011 - 10:20 | 1523723 midtowng
midtowng's picture

And if you think today is bad, just wait for tomorrow when the markets have had a full day to ingest this bad news.

Of course this means that the employment numbers for tomorrow will surprise on the upside. They have to now.

Thu, 08/04/2011 - 10:20 | 1523724 Dreadker
Dreadker's picture

And here's me thinking it will be another boring day in a kleptocratic society full of zombies...

Thu, 08/04/2011 - 10:20 | 1523725 Jim in MN
Jim in MN's picture

Surely the kind US taxpayers will find it in their hearts to pay lavishly for Italian coke and hooker binges, using a variety of fun house crazy straw financial mechanisms. It's cool, don't tell us now. Just send the bill.

Any minute now. Imagine the call intercept recordings piling up on Murdoch's desk. "BEN! TIMMY! GET THOSE TRILLIONS OVER HERE NOW!"

Thu, 08/04/2011 - 11:48 | 1524006 andybev01
andybev01's picture

Can't Burlesque-oni just donate his to the cause?

Thu, 08/04/2011 - 10:22 | 1523730 walküre
walküre's picture

The real question is:

Are you ready to support QE3 now?

Maybe tomorrow, August 5th 2011.. Super Black Friday?



Thu, 08/04/2011 - 10:23 | 1523733 Forgiven
Forgiven's picture

<---- Dooooooooooom!

<---- Meh!  Apply more Vaseline.  Transitory bitchez.

Thu, 08/04/2011 - 10:24 | 1523736 JSD
JSD's picture

I just went dumb long EUR...this HAS to be the bottom :)

Thu, 08/04/2011 - 11:12 | 1523860 hedgeless_horseman
hedgeless_horseman's picture

You know the old saying.  Picking bottoms is for monkeys.

Thu, 08/04/2011 - 12:09 | 1524084 i-dog
i-dog's picture

Ben looks focussed. Timmaay looks nervous.

... but at least we now know where they're getting those new FRNs from. Whoda thunkit?

Thu, 08/04/2011 - 10:25 | 1523738 Dreadker
Dreadker's picture

lol Investor alert: Global markets near bear territory


I guess market watch means the bear cavalry are charging in and looting and pillaging everyones savings and retirement accounts (those that Timmah! didn't get at already)

Thu, 08/04/2011 - 10:26 | 1523741 Cindy_Dies_In_T...
Cindy_Dies_In_The_End's picture

Um hullo? Harry Wanger?!? Trolls who hate gold and silver?


Never mind..

Thu, 08/04/2011 - 10:28 | 1523750 FunkyOldGeezer
FunkyOldGeezer's picture

Still trading, or so it would seem. No other news about this on Google?????????

Thu, 08/04/2011 - 10:29 | 1523751 Smiddywesson
Smiddywesson's picture

Ciao, bitchezz!

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