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"Le Snub" - New Cold War In Eurozone Confirmed: Sarkozy Gives Cameron The "Cold Shoulder"

Tyler Durden's picture




 

Last night, when headlines hit that it was the UK's "fault" for vetoing a joint dictatorial Fra-Ger "compromise" and in essence making the Eurozone summit a total failure (with a follow up summit scheduled for March), it became clear that a new cold war has broken out in Europe: between France (not so much Germany as Germany frankly does not want to bailout Europe if its has to pay for the bail out) and the UK. We now have official video confirmation that the latest conflict in Europe is between the countries just across the Chunnel. The video below of a diminutive Sarkozy giving David Cameron the proverbial cold shoulder (described in painful detail here) will achieve nothing but merely inflame further the animosity between the two countries: just what Europe can least afford right now.

 

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Fri, 12/09/2011 - 11:44 | 1962932 kato
kato's picture

that is B A D. arrogant little shit.

Fri, 12/09/2011 - 11:50 | 1962958 john39
john39's picture

a pathetic little bridge troll.  something straight out of a Grimm fairy tale.  how his wife gets that done, i have no idea.

Fri, 12/09/2011 - 11:58 | 1962999 MillionDollarBonus_
MillionDollarBonus_'s picture

This childish discourse is an accurate reflection of Europe’s lack of sound governance and fiscal union. European leaders need to GROW UP, overcome this political gridlock and work TOGETHER to craft decisive and bold fiscal policies. While these politicians play their childish games, many value investors are sitting on large sovereign debt exposures and are worried sick.

Fri, 12/09/2011 - 11:59 | 1963024 Turd Ferguson
Turd Ferguson's picture

I was told yesterday that the big deal that NO ONE is discussing is the likely exclusion of France from the reconstituted euro. This exclusion has scared the shit out of Sarkozy and, thus, he is doing all that he can to prevent it.

Fri, 12/09/2011 - 12:04 | 1963037 GeneMarchbanks
GeneMarchbanks's picture

That has to happen no matter what. It'll be clear after the downgrade and/or failure of one of the banks.

Fri, 12/09/2011 - 12:16 | 1963099 donsluck
donsluck's picture

Once again, fellow ZHers, it's all baked in the cake, in the late 1990's and early 2000's. There is NOTHING they can do. They are not physically or politically capabable of printing (not data entry, PRINTING) enough currency to patch over the problems because the paper regime is ending and confidence in plastic and acccount balance illusion is waning.

See this:

http://sfist.com/2011/12/08/lucky_supermarket_credit_card_scam.php

Fri, 12/09/2011 - 12:55 | 1963316 CIABS
CIABS's picture

france:  thumbs up

sarkozy:  thumbs down

england:  thumbs down

Fri, 12/09/2011 - 13:06 | 1963365 TruthInSunshine
TruthInSunshine's picture

Zeez eeez like a...how you say?....Waterlooooo...

....all over zegain!

 

Where is ze Nathan?

Fri, 12/09/2011 - 15:35 | 1963964 SamAdams1234
SamAdams1234's picture

100 year war, part deux.

Fri, 12/09/2011 - 15:59 | 1964050 TK7936
TK7936's picture

I see nothing in this video that the text tells me im supposed to see.

Fri, 12/09/2011 - 16:00 | 1964057 sqz
sqz's picture

Good thing its a Friday!

Otherwise, ZH, for the sake of your reader's sanity, please don't ever quote a British tabloid newspaper. These guys are such poor journalists, not only are they the laughing stock in the UK and almost exclusively read for titillation, but they have come close to making themselves extinct from the quality of their "journalism"! (you've all heard of the Phone Hacking Scandals and such, I trust)

Frankly, you'd get more realism and more fun from quoting The Onion. :)

Fri, 12/09/2011 - 17:12 | 1964331 TruthInSunshine
TruthInSunshine's picture

The offficial story now is that Sarkozeee had already seen Cameron while using the adjacent urinal in the men's room prior, and out of respect, mutual admiration and sincerity, graciously shook dry Cameron's gentleman's sausage.

Hence, no need for a redundant handshake later on the floor.

Fri, 12/09/2011 - 22:16 | 1965189 Mauibrad
Mauibrad's picture

Sarkozy is the caricature of a clown.  He is a fake politician with an inflated impression of himself.  Further he thinks if he does the bidding of the banks and the globalists, that he will gain standing and power.  In the end, he will fail, because he does not truly understand what he is doing.  Sarkozy is a fake, plain and simple.

Fri, 12/09/2011 - 12:01 | 1963030 He_Who Carried ...
He_Who Carried The Sun's picture

Oh c'mon Durden, don't be childish posting such crap. They were shaking hands just 3 minutes before that. Its just dishonest to post this movie and alledge implications that DID NOT HAPPEN. What are you trying to achieve? I check about 60 different news sites every day. Please do not try to fool me like this, it does not work!

Fri, 12/09/2011 - 12:03 | 1963039 john39
john39's picture

"le snub" is the lead caption at drudge right now.

Fri, 12/09/2011 - 12:09 | 1963064 He_Who Carried ...
He_Who Carried The Sun's picture

16.09 Early this afternoon (13.24) we mentioned how The Daily Mail was reporting that Nicolas Sarkozy had snubbed David Cameron, apparently a response to the PM's veto of the EU treaty. We also reported slightly later (14.51) that this seemed to be untrue, as the pair had shaken hands just minutes before.
http://www.telegraph.co.uk/finance/debt-crisis-live/8944990/EU-treaty-an...

 

SINCE WHEN IS ANY CREDIBILITY GIVEN TO THE abject DAILY MAIL ?
DURDEN, are you kidding?

Fri, 12/09/2011 - 12:36 | 1963219 Kayman
Kayman's picture
 He_Who Carried ... "Le Snub" is a French Specialty. Watch De Gaulle's speech after the liberation of Paris.  No mention whatsoever that Americans, British, and Canadians landed and did the heavy lifting at Normandy. Trolling is a French specialty; second only to licking the boots of their German masters.
Fri, 12/09/2011 - 12:40 | 1963248 He_Who Carried ...
He_Who Carried The Sun's picture

Only in this case it did not happen as Cameron was invited to the table but refused to join....
As The Telegraph reported this piece about Sarkozy snubbing Cameron was a fabrication by the Daily Mail. Enjoy the good company.... ;-)

Fri, 12/09/2011 - 12:40 | 1963245 Max Hunter
Max Hunter's picture

I agree with HWC.  This is silly.. It actually takes away from legit articles that possess a degree of sensationalism.. This article should be taken down..

Fri, 12/09/2011 - 12:45 | 1963270 He_Who Carried ...
He_Who Carried The Sun's picture

I agree, this much diminishes the credibility of ZH - thereby reducing the fun-factor by about 10% at least!

Fri, 12/09/2011 - 12:10 | 1963069 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Cameron has Swung his Handbag

That's my favorite caption from the site

Fri, 12/09/2011 - 13:01 | 1963205 Ghordius
Ghordius's picture

Cameron the new Iron Lady? LOL

ze British Press is childish as usual, that's all. Oh, by Jingo!

http://en.wikipedia.org/wiki/Jingoism

Fri, 12/09/2011 - 13:29 | 1963442 gojam
gojam's picture

And the German and French press Ghordius ? "J'accuse"

Fri, 12/09/2011 - 12:02 | 1963033 john39
john39's picture

no worries, it will get much more efficient once they announce the new Euro-Area Emperor.   Then he, together with President of the Americas Obama, will finally hunt down emanuel goldstein and bring peace and prosperity to the world.

Fri, 12/09/2011 - 14:51 | 1963783 BKbroiler
BKbroiler's picture

not your best work mdb

Fri, 12/09/2011 - 12:00 | 1963028 JPM Hater001
JPM Hater001's picture

No Fairy tail.  This is an actual troll.

Fri, 12/09/2011 - 12:27 | 1963174 Spastica Rex
Spastica Rex's picture

No, Vladimir Propp: he's like a male Babba Yaga.

Fri, 12/09/2011 - 12:38 | 1963238 eureka
eureka's picture

Guys, Gentlemen - the divide between continentals and islanders is not new, but rather two thousand years old.

With the collapse of UK Empire the front office of western imperialism was transferred to US - since whence, UK has sucked US dick - hence my term for this co-dependent S&M "partnership", THE USUKs.

The USUKs mutually support each others' currencies and neo-imperialist strategies and institutions: the bankster operative, globalist financialization schemes of rigging the entire world with derivatives of non-existing wealth, i.e. the US & UK fiat currencies printed out of thin-air and with absolutely nothing backing them - except of course their native taxpayers slavery as well as the slavery of China's working masses - and the USUK goony capo-regimes.

Since the USUKs islander-&-new-world, corporate-bankster-elite-controlled USUK-FASCIST-FIAT, was decimated by the rising corporate-bureaucrat controlled continental EU SEMI-SOCIALIST-FIAT - the USUKs deviced and executed a plan to rig continental EU with USUK garbage paper - you all know the story: The notorious GS Squid rigged Greece and German banks en masse - as well as pretty much everybody else in the entire world.

It is nice indeed, to own the world's biggest printing press: The US world Reserve Currency, backed by 300 Million submissive US-Tax-Slaves - and - an ungodly huge, tech-monster, impirial, militarist global slaughter-machine military - and - a "Trojan Horse" wrecking the EUR enemy from the inside, i.e. UK obstructing any continued and significant EU integration, which would bring truth and downfall upon the USUK ponzi-mafia-fascist-globalist scheme.

Alas, the USUKs now, today, have won a significant battle: The Blowhorn reports "No write-offs for investors in European assets", meaning the USUK FASCIST-FIAT model - a.k.a. the "Anglo-Saxon" model of fiat-leverage-derivatives-financialization and its trickle-up of all profits and assets to the 1/1000s of their populations and transfer of all loses without exception to the bottom 99.99% of their populations - HAS WON.

At least for now. Congratulations to all of you/those, who live vicariously, that is to say, you who take pride in "having" - or, more correctly, being owned by -  the worold's largest military, largest fraudster-scum institutions and largest mouths of consumption and braggery, and a die-hard S&M complex.

Today - You Won. Are you proud? Are you happy? Shh - stop talking about UK bank debt, alone, being 400% of UK GDP, noyt mention UK sovereign and private debt adds more than another 600% of GDP to the UK ponzi - and stop talking about how US public debt is 500% of US revenue - 

That's right - forget debt to GDP ratio - GDP is all fraud and financial services - debt to REVENUE is where the ruber hits the road - after all, revenue is all you have to pay down debt with.... oh wait, I forgot, you just issue more debt...!!! COOL!!!

THE ISLANDERS RULE THE DAY - THE CONTINENTALS, or rather their populations, LOST TODAY. Of course, the USUK populations lost long ago.

CHEERS. MATES. 

(quoting any terms and or content and analysis of my present commentary without crediting my alias: EUREKA @ ZeroHedge is plagiarism - after all, I am neither a socialist nor a fascist - I am an individualist, i.e. I believe in the right to individual property, including intellectual property, and individual losses). 

Fri, 12/09/2011 - 15:39 | 1963977 Alea Iactaest
Alea Iactaest's picture

Yo Eureka, you're concerned people might be "quoting any terms and or content" without attribution? Not to worry, won't happen.

 

Also, do you *really* think that the EZ somehow reaching agreement and printing to infinity -- or at least to orders of magnitude greater than the sum total of outstanding sovereign debt -- is somehow going to help things?

 

More than a bit delusional today...

Fri, 12/09/2011 - 11:55 | 1962989 vast-dom
vast-dom's picture

Petty narcissist shits, all of them. 

Fri, 12/09/2011 - 12:18 | 1963110 spanish inquisition
spanish inquisition's picture

That moment pretty much sums up all that has been done so far to "fix" the situation. Its all about politics and power, I would guess that not one leader in that room has actually read the financials, as they would need to put the paper inbetween themselves and the mirror they are looking.

Fri, 12/09/2011 - 12:21 | 1963130 jokerdean
jokerdean's picture

Le Snub for Le Snub. Same thing for what's-her-nuts.

Good on ya Cameron.

Tell 'em to piss off.

 

 

Fri, 12/09/2011 - 12:29 | 1963183 Spastica Rex
Spastica Rex's picture

Le snub pour le stub.

Fri, 12/09/2011 - 12:45 | 1963269 MolotovCockhead
MolotovCockhead's picture

Scumbag Sarkozy took money from Gadaffi for his presidential election and now he has got Gadaffi blood all over his hand. I remember he used to embrace and kiss Gadaffi so passionately when the dictator last visited Paris. What proof do you need to call out a real low life?

Fri, 12/09/2011 - 11:44 | 1962936 Jonbutterfly
Jonbutterfly's picture

Excellent commentary from Jim Rogers on which industries in China will have a hard landing (Real Estate) and which are poised for growth (water treatment, agriculture, etc). Worth watching. http://djia.tv/jim-rogers/jim-rogers-the-street-com-06-dec-2011/

Fri, 12/09/2011 - 12:40 | 1963247 LoneCapitalist
LoneCapitalist's picture

Dont they use silver in water treatment systems?

Fri, 12/09/2011 - 11:46 | 1962939 Dick Darlington
Dick Darlington's picture

Midget with no manners. And they call him a leader? Uh huh...

Fri, 12/09/2011 - 11:49 | 1962946 eurusdog
eurusdog's picture

Sakozy, to himself "fuck you UK bastard"

Cameron "This shit is ooonnnnnnnnnn!"

Why further anger one of the guys that can veto and hold the whole thing up? Just further proof this isn't going to work.

Fri, 12/09/2011 - 11:49 | 1962948 reload
reload's picture

Oh my God

Cameron walks past Sarkozy who is talking to somebody else anyway - and its a ....snub.

unless I am watching the wrong clip, I just dont see anything newsworthy here.

Fri, 12/09/2011 - 14:06 | 1963595 Bob Sacamano
Bob Sacamano's picture

Agree -- another case of people seeing what they want to see. 

In internet and cable tv land there is just not enough new real news worthy content to fill the massive volume of space provided......got to drum it up to drive traffic.   Lots of re-hash x 100 and inflating non-events.....

Fri, 12/09/2011 - 11:50 | 1962951 Snidley Whipsnae
Snidley Whipsnae's picture

Napolean to reassemble troops at Waterloo? Wellington to form a pact with Prussians?

Haven't we seen this movie?

Fri, 12/09/2011 - 12:08 | 1963057 gojam
gojam's picture

Cameron is no Pitt

Fri, 12/09/2011 - 11:50 | 1962954 The Swedish Chef
The Swedish Chef's picture

They bailed out the frogs in 1914 and 1939 and Sarko is pissed becasue they won´t do it again? Show some friggin "le gratitude", Nicky...

Fri, 12/09/2011 - 11:52 | 1962966 Ratscam
Ratscam's picture

hm, that was just before the war.
Hope this is no harbinger

Fri, 12/09/2011 - 12:45 | 1963273 Kayman
Kayman's picture

La France expects you to be grateful, for them letting you save their asses.  You obviously have limited experience sur la France.

Fri, 12/09/2011 - 11:50 | 1962955 jomama
jomama's picture

lol, did i seriously just wake up to german markets being up 2% overnight?  

am i in the fucking twilight zone?

Fri, 12/09/2011 - 11:56 | 1962997 Dick Darlington
Dick Darlington's picture

Yes You are, welcome to the zEuro is dead zone, we like to party!

Fri, 12/09/2011 - 11:58 | 1963013 Theta_Burn
Theta_Burn's picture

No, your in the "Euro Zone"

Hope the sequel isn't as disappointing....

Fri, 12/09/2011 - 11:59 | 1963020 Theta_Burn
Theta_Burn's picture

Jinx!

Fri, 12/09/2011 - 11:50 | 1962957 Pimp Juice
Pimp Juice's picture

Did I hear Sarko say "putain"? Little frog.

Fri, 12/09/2011 - 11:50 | 1962959 Ratscam
Ratscam's picture

der Kotz Zsar oder eben Zarkotzy

Fri, 12/09/2011 - 11:50 | 1962960 Snakeeyes
Snakeeyes's picture

Look at the IMF numbers. Cameron was right and Sarko wants a bailout!

Europe Moves Ahead With Fiscal Union, UK Declines – Europe Buys More Time With Bailout And Vague Promises Of Budget Cuts – Mission Impossible!

http://confoundedinterest.wordpress.com

Fri, 12/09/2011 - 11:51 | 1962961 Archduke
Archduke's picture

oh joy the days of the scarlett pimpernel are back.  time to sharpen the guillotine for the english peerage.

throw in the royals of belgium, spain, sweden, italy, all the city-states and and the vatican to boot.

 

Fri, 12/09/2011 - 12:58 | 1963333 Kayman
Kayman's picture

You neglected to mention our Bluebloods of the American Financial Criminal Syndicate.

Fri, 12/09/2011 - 15:43 | 1963990 Alea Iactaest
Alea Iactaest's picture

But spare House of the Red Shield?

Sat, 12/10/2011 - 08:12 | 1965768 Sandmann
Sandmann's picture

England was the first country in Europe to execute a King. The French simply copied what Cromwell did but 140 years later

Fri, 12/09/2011 - 11:51 | 1962963 mayhem_korner
mayhem_korner's picture

 

 

It was the best of times, it was the worst of times...

Fri, 12/09/2011 - 11:54 | 1962983 WonderDawg
WonderDawg's picture

Kind of like the time I got the clap after a menage a trois with a couple of smokin' hot strippers.

Fri, 12/09/2011 - 14:11 | 1963615 Whalley World
Whalley World's picture

Agreed, these idiots are just a bunch of inner circle jerks

Fri, 12/09/2011 - 11:52 | 1962964 Gubbmint Cheese
Gubbmint Cheese's picture

You stay classy Sarkozy..

Fri, 12/09/2011 - 11:52 | 1962967 Nawaralsaadi
Nawaralsaadi's picture

The UK has been a spectator throughout this crisis, I doubt the UK in or out will make a big difference in this current euro impasse; given a choice the UK would rather be the 51st state, after all they already have “print till no trees left” policy along with their American brethren.

Fri, 12/09/2011 - 11:56 | 1962998 YHC-FTSE
YHC-FTSE's picture

+1 bravo

Fri, 12/09/2011 - 11:59 | 1963019 midgetrannyporn
midgetrannyporn's picture

Agreud.

Sat, 12/10/2011 - 08:15 | 1965770 Sandmann
Sandmann's picture

and just what do you think is happening in the EuroZone ? You think Portugal isn't using loans from the ECB to prop up its banks which are in turn propping up the Portuguese Government in breach of all EU Treaties ?  Just because the ECB is NOt a note-issuing bank doesn't mean it isn't printing money by propping up National Central Banks in the EuroZone who are funding insolvent commercial and investment banks throughout "The Zone".

 

Simply put Zonie Banks are Zombies

Fri, 12/09/2011 - 11:54 | 1962980 butchee
Fri, 12/09/2011 - 12:00 | 1963027 memyselfiu
memyselfiu's picture

nice pickup....takes the steam out of this story

Fri, 12/09/2011 - 11:54 | 1962981 YHC-FTSE
YHC-FTSE's picture

Jesus. We were never going to sign up for a treaty that allowed Brussels to dictate our fiscal policies when we're not even using the euro, and nobody in the eurozone expected us to do it either.

 

I don't know what the fuss is all about. It's all melodrama and political cock sucking. What do you expect when you put 27 egomaniacs in the same room and ask them, "To do what's best for the EU, not what's best for you"? Cold war my arse.

Fri, 12/09/2011 - 12:31 | 1963199 i-dog
i-dog's picture

Agreed. Cameron is playing a scripted globalist role. The impasse alows the EU to kick the can another 3 months down the road to the March "summit" (more like an abyss than a summit).

Fri, 12/09/2011 - 13:22 | 1963430 bombimbom
bombimbom's picture

really, I agree. if UK wants out of EU or just a loosen series of commercial agreements be it. It' s their choice. Of course this is all good and well if UK doesn't try to obstacle the will of the other member states. let's hope this is the end of Uk ambiguity (being in just to prevent integration rather than participating to the integration), that would be beneficial for everyone.

There is time in the future for UK to change its mind and join the european project (they're a big part of european culture and history), if they won't, no problem.

 

Fri, 12/09/2011 - 11:54 | 1962985 IQ 101
IQ 101's picture

Is this Camerons first time at a dwarf convention? they are cocky little buggers.

Fri, 12/09/2011 - 11:55 | 1962992 Sandmann
Sandmann's picture

Don't like Cameron much but think Sarkozy is a psychopath who must be trounced by Marine Le Pen just to show the world France is a corrupt oligarchy with gangster politicians like Sarkozy and the Socialist Mafia. France is really a basket case with huge deficits as they have bought off every interest group and needed the EU to pay bribes to farmers the French State could no longer afford. The biggest farce is that The Crook Blair expanded the St Malo Agreement for defence cooperation with France at the expense of UK military when the natural fit is with Germany. The whole of British history has been disastrous since Britain stopped treating France as an enemy in 1904. Up to that point Britain had always had Prussia as an ally and Russia as a foe, but throughout the 20th Century it ended up with France and Russia as allies and Germany as the enemy.

The French usually seduce British politicians with their whining and petulance, but Sarkozy is Hungarian even if his stepfather is a CIA man

 

Fri, 12/09/2011 - 11:57 | 1963010 YHC-FTSE
YHC-FTSE's picture

Got the same suspicions about Sarkozy.

Fri, 12/09/2011 - 13:01 | 1963134 Archduke
Archduke's picture

I think you can understand that both France and Great Britain are a bit reticent to arm Germany...

 

These are the only two countries credible enough on a military scale, which imho is a pretty good

wasteful indicator of wealth.  France is a lot more productive than most other european nations.

They furnish planes, trains, autos, rockets, nuclear reactors, weapons, biotech, and a host of

agricultural and luxury goods.  they're pretty decent at derivatives pricing math too.  I think

they're the only real contender in the zone, though their social model does imply higher pork

expenditures.  In fact I'd say despite their expenditures, they're doing pretty well, which is

a damn fine indicator.

Fri, 12/09/2011 - 13:30 | 1963468 Sandmann
Sandmann's picture

I think you can understand that both France and Great Britain are a bit reticent to arm Germany..

 

You are of course potty ! German Reamament took place in 1957 after French rejected the European Defence Treaty.  Germany's Siemens produces high-speed trains. Germany has Bio-tech, nuclear reactors (Siemens), planes EADS, jet engines BMW-Rolls-Royce; and quite a reasonable engineering sector. Also produces satellites, trucks, far superior battle tanks to France - the Leopard is way ahead of anything France can screw together. Noone has such third rate jet fighters as Mirage and Rafale; and French SNECMA engines are a JV with GE of the USA.

France has not managed to produce an effective Army since Napoleon I. It's aircraft carriers are always in port for maintenance, and its luxury goods are mainly for drug barons out of Colombia. Germany is still the largest producer of women's clothing in Europe - France has simply a licence business to keep Chinese seamstresses busy.

Moreover, France is antipathetic towards the British and is determined to crush Germany in a death-embrace just as the Balrog tried to take Gandalf into the abyss with him in   the Chamber of Mazarbul

Fri, 12/09/2011 - 13:48 | 1963530 Archduke
Archduke's picture

+1 on DeutschesTechknik, but I think a lot of germany's efficiency was due to cheap skilled labour when the wall came down.

EADS is part French, and one should not discount the French sphere of influence. Last I checked half of Africa didn't speak bosche.

 

http://www.youtube.com/watch?v=rqmFmttQm6o&feature=related

 

Fri, 12/09/2011 - 15:51 | 1964019 Sandmann
Sandmann's picture

No it is not labour that produces Technical Superiority. Germany had the second highest labour costs on earth but is highly efficient. East Germany ia a liability not an asset and drags down German performance. The largest country in Africa to speak French is Democratic Republic of Congo; it is also a basket case. German Colonies were seized at Versailles in 1919 because Britain saved the French from their own stupidity at Verdun by sacrificing men on The Somme.

France is a basket case and its greatest First World War General ran a puppet regime for Adolf Hitler for 4 years after 1940; and one of its Vichy Ministers became Socialist President of France Mitterand, member of Croix de Feu.

Nevertheless, France is tha Balrog determined to destroy Gandalf The Grey.

 

Fri, 12/09/2011 - 11:55 | 1962993 Sandmann
Sandmann's picture

Don't like Cameron much but think Sarkozy is a psychopath who must be trounced by Marine Le Pen just to show the world France is a corrupt oligarchy with gangster politicians like Sarkozy and the Socialist Mafia. France is really a basket case with huge deficits as they have bought off every interest group and needed the EU to pay bribes to farmers the French State could no longer afford. The biggest farce is that The Crook Blair expanded the St Malo Agreement for defence cooperation with France at the expense of UK military when the natural fit is with Germany. The whole of British history has been disastrous since Britain stopped treating France as an enemy in 1904. Up to that point Britain had always had Prussia as an ally and Russia as a foe, but throughout the 20th Century it ended up with France and Russia as allies and Germany as the enemy.

The French usually seduce British politicians with their whining and petulance, but Sarkozy is Hungarian even if his stepfather is a CIA man

 

Fri, 12/09/2011 - 11:56 | 1962995 JohnFrodo
JohnFrodo's picture

Cameroon and our own Stevie wonderless should do a remake of la cage aux folies.

Fri, 12/09/2011 - 11:56 | 1963001 sabra1
sabra1's picture

i was watching Mr. Bean in french the other day, didn't understand a word!

Fri, 12/09/2011 - 11:56 | 1963002 Kaiser Sousa
Kaiser Sousa's picture

Sarkozy is a little punk ass bitch...

man, i hate to say it but i met very few french dudes that i havent wanted to bitch slap within a few seconds...

Merkels is Sarkozys' pimp...little ho'..........

Fri, 12/09/2011 - 11:59 | 1963004 moonstears
moonstears's picture

Well, the French people need to shitcan Sarcozy, and the English people appear to have an ally in Cameron. Fuck the Franc's leadership, yet vive la France, hope they awaken.

Fri, 12/09/2011 - 11:57 | 1963006 Shizzmoney
Shizzmoney's picture

Both can take a pie to the face as far as I am concerned.

Fri, 12/09/2011 - 11:59 | 1963021 Tsar Pointless
Tsar Pointless's picture

Talk about trying to conjur up a massive inferno out of a slightly smoldering ember.

Put another way, making a mountain out of a molehill.

I didn't see anything particularly resembling a "snub".

This is much-a-do about le nada.

Fri, 12/09/2011 - 11:59 | 1963023 prains
prains's picture

Amazing how the historical mean always snaps back. When the hell did the UK and France ever like each other, at best they tolerate each other like two hyper competitive sisters.

Fri, 12/09/2011 - 12:00 | 1963029 the not so migh...
the not so mighty maximiza's picture

They should just swap wives for a night.  Peace in our times... FOR EUROPE!!!!!

Fri, 12/09/2011 - 12:02 | 1963035 mktsrmanipulated
mktsrmanipulated's picture

sarkozy should remeber without the british and the americans he would be german....oh wait his is hes merkels little BIATCH

Fri, 12/09/2011 - 12:07 | 1963053 azzhatter
azzhatter's picture

actually he would still just be a little troll

Fri, 12/09/2011 - 12:04 | 1963042 o_rly
o_rly's picture

Yawn.

I see absolutely no evidence Sarkozy snubbed Cameron here. Did they shake hands prior to this? Quite possibly.

 

Fri, 12/09/2011 - 15:29 | 1963935 MsCreant
MsCreant's picture

Had the same reaction. He had the next one in sight and on his mind, didn't see Cameron. The world press is run by a bunch of girls on the playground I guess.

Fri, 12/09/2011 - 12:04 | 1963043 San Diego Gold Bug
San Diego Gold Bug's picture

O wouldn't give any of these tools a job!  When this thing fails it will get ugly even for those of us who are prepared!  Becareful what you wish for.....

Fri, 12/09/2011 - 12:06 | 1963050 FutureShock
FutureShock's picture

I call total bullshit on the handshake. Cameron never stopped walking, You can't shake on the fly. This kind of press bullshit ruins credibility. Let Drudge have that Zero - Fuck this bullshit ZH stock dropped a bit with this crap.

 

Fri, 12/09/2011 - 12:07 | 1963052 DogSlime
DogSlime's picture

I suspect that "le snub" will do wonders for the UK public view of David Cameron.  I don't particularly like Cameron, but I like him a bit more now he has pissed the French off - especially  Sarkozy.

Most people in the UK quite enjoy it when we piss the French off :)

Fri, 12/09/2011 - 12:08 | 1963059 alien-IQ
alien-IQ's picture

considering how the market has reacted...perhaps a few more failed summits are just what is needed to get the DOW to 36k.

Fri, 12/09/2011 - 12:09 | 1963065 fonzanoon
fonzanoon's picture

Don't people get it yet? When they no longer count people who give up looking for employment in the stats that to me is the biggest tell. Thats why the unemployment rate will continue to improve. The markets will react positively to this improvement. The point being is that if you were going along for the ride and fell off the back of the pick up truck no one is turning around to pick you up. The ranks of the poor will climb, but statistically they will be invisible. So the stats will improve. forget 2008. It ain't happening. Not again.

Fri, 12/09/2011 - 12:11 | 1963067 PaperBear
PaperBear's picture

Gold/silver getting out of control again. Time for BIS & co to smack them.

Fri, 12/09/2011 - 12:13 | 1963087 tekhneek
tekhneek's picture

Quick, raise the margins!

Fri, 12/09/2011 - 12:10 | 1963070 thedrickster
thedrickster's picture

Nigel...Farage....clap, clap.....clap, clap, clap.

Fri, 12/09/2011 - 12:28 | 1963078 Archduke
Archduke's picture

or Who will be Taking a French Leave? vs Qui va Filer à l'Anglaise?

Fri, 12/09/2011 - 12:11 | 1963081 tekhneek
tekhneek's picture

He has little man complex and they probably got into a heated debate that he's still bleeding all over the place about. Did you see the height difference as he walked by?

"Could shoulder" oh my god. How Fuckin'-ri-cock-suckin'-diculous is that? The world's going to end because a douche bag didn't shake hands with... another douche bag! The EURO rests on their hand shake!

Next article please.

Fri, 12/09/2011 - 12:13 | 1963088 Archduke
Archduke's picture

Just saying, history has shown that diminitutive frenchmen with complexes should not be understimated.

 

Fri, 12/09/2011 - 12:19 | 1963120 tekhneek
tekhneek's picture

Napoleon had balls though.

Fri, 12/09/2011 - 12:33 | 1963211 Mark123
Mark123's picture

Napoleon also was intelligent and had real skills....Sarkozy is just organized crime boss serving bankers.

Fri, 12/09/2011 - 12:11 | 1963083 i-dog
i-dog's picture

 
  "follow up summit scheduled for March"

**boot** ... and the can gets kicked another 3 months closer to 3Q2012. Don't anyone count on a US election next year.

Fri, 12/09/2011 - 12:15 | 1963094 vipmoneymachine
vipmoneymachine's picture

Le Snub or no snub, they are all serving one master, Goldman Sachs.

Fri, 12/09/2011 - 12:17 | 1963103 Jack Burton
Jack Burton's picture

Le Sachs! Masters of the universe and masters of the bailout. Their power simply grows and grows. Everyone seems all jacked up for another war, why don't we make it a war agaist the suits at Sachs?? Nuke those pricks, the world would be a better place without them. No?

Fri, 12/09/2011 - 12:15 | 1963095 Jack Burton
Jack Burton's picture

Bloody Frogs!  What a pack of wankers and slags!  Britain should tell the EU to go piss up a rope, useless.

Fri, 12/09/2011 - 12:18 | 1963111 Mark123
Mark123's picture

Sarkozy is a corrupt little prick working for the banks.  Cameron is a larger prick, also working for the banks.  Oh wait...all politicians are working for the banks.

 

I feel like someone in the Soviet Union eagerly hanging on the latest pronouncements from the the Politburo.  Talk about manufactured consent.

Fri, 12/09/2011 - 12:19 | 1963117 vegas
vegas's picture

What happens when a French twit gives a British twit the cold shoulder? Nothing, nobody gives a shit.

 

http://vegasxau.blogspot.com

Fri, 12/09/2011 - 12:19 | 1963121 SheepDog-One
SheepDog-One's picture

Aaaand we're at the highs of the day, and wiping out yesterdays losses as well and as usual thru futures pumping. Red, or +1.5% by close? Just a coin toss.

Fri, 12/09/2011 - 13:22 | 1963431 TruthInSunshine
TruthInSunshine's picture

It's that whole Bernank has figured out the inverse relationship (for now) between the USDX and ES thing.

Fri, 12/09/2011 - 12:22 | 1963141 blabam
blabam's picture

Can't wait for France to be downgraded! Aragont socialists.

Sat, 12/10/2011 - 08:19 | 1965773 Sandmann
Sandmann's picture

France won't be downgraded so long as the Baker & McKenzie Lawyer at the IMF can influence matters and the CIA friends of Sarkozy's stepfather are able to make a bit of money. The real question is to scan the list of French Goldman alums who can be put in place to run this pre-revolutionary France - after all Colbert is long dead !

Fri, 12/09/2011 - 12:23 | 1963147 Dr. Engali
Dr. Engali's picture

Sorry Tyler but I agree. Nothing to see here.

Fri, 12/09/2011 - 12:24 | 1963155 Widowmaker
Widowmaker's picture

Bullshit, this posting is much ado about nothing.  Where's the billions missing from MFG?

Fri, 12/09/2011 - 12:25 | 1963159 fonzanoon
fonzanoon's picture

Can someone explain this to me....If all these banks were on the precipice of failure if they could not come up with a credible plan, and supposedly they did not...then how is spinning this turd sandwich and planning to plan enough to keep these banks from imploding?

 

Fri, 12/09/2011 - 12:25 | 1963163 curbyourrisk
curbyourrisk's picture

Sarkozy is a fucking little arrogant piece of shit.

 

FUCK HIM

and FUCK FRANCE.

Fri, 12/09/2011 - 19:02 | 1964717 Iwanttoknow
Iwanttoknow's picture

Sure.Fuck Brittania also.

Fri, 12/09/2011 - 12:25 | 1963165 JR
JR's picture

Sarkozy is not a Frenchman; he is a cog in the worldwide power grab by international bankers to override the constitutions and parliaments of sovereign countries.

It was Sarkozy, then president of the European Union and point man for the European bailout, who on September 26, 2008, called for a new international monetary system--the ultimate grab by the international financiers for all the world’s financial marbles.

Sarkozy's brother, Olivier Sarkozy, is Managing Director and Head of the Global Financial Services Group at The Carlyle Group

Sarkozy believes sanctions on Iran “would force Iran to negotiate.” 

RAANAN ELIAZ  wrote May 8, 2007, in “Sarkozy’s Jewish Roots “ in The Australian Jewish News: “France's new president, Nicolas Sarkozy, lost 57 members of his family to the Nazis and comes from a long line of Jewish and Zionist leaders and heroes.”

Said Eliaz, “many expect Sarkozy’s presidency to bring a dramatic change not only in France’s domestic affairs, but also in the country’s foreign policy in the Middle-East…  Sarkozy shared much common policy ground with former Israeli Prime Minister, Benjamin Netanyahu (Netanyahu again took over the Israeli government at the end of March 2009)."

Dr. Eliaz is former Director at the Israeli National Security Council and consultant on European-Israeli Affairs.

This is why you cause Zionists and Zionist toadies to be placed in key positions whether they be U.S. State Department officials or heads of government: it is to perform when needed – for their self-described “world without borders,” for their worldwide “fatherland.”

Fri, 12/09/2011 - 12:26 | 1963167 astartes09
astartes09's picture

ZH has an exclusive showing the English and French hate eachother.  Solid peice.

Fri, 12/09/2011 - 12:39 | 1963228 NotApplicable
NotApplicable's picture

Sarko: "I don't want to talk to you no more, you empty headed animal food trough wiper. I fart in your general direction. Your mother was a hamster and your father smelt of elderberries."

Cameron: "Is there someone else up there we can talk to?"

Sarko: No, now go away or I shall taunt you a second time."

Fri, 12/09/2011 - 12:27 | 1963173 bingo was his name
bingo was his name's picture

Whats the over/under on a civil war breaking out in Europe - seems parts of europe are following America's example of Articles of Confederation to a Constitution just wondering how many years it takes to have a full fledged civil war - took America 13 years to trade the Article of Confederation for the Consitution and 72 years to offically have a Civil War. EU offically started in 1993 with Euro introducted in 2002

Fri, 12/09/2011 - 13:46 | 1963528 NotApplicable
NotApplicable's picture

FYI: Secession <> Civil War

Fri, 12/09/2011 - 12:30 | 1963186 BlackSunshine
BlackSunshine's picture

The snub? I think David Cameron was snubbing Sarkozy at the same time Sarkozy was reciprocating. I think they both were aware that they really had nothing to discuss.

I don't think anyone should be taking it personally, it's just business, and other people's money. Who gives a good GDF? The Euro is fun to trade, like tulips. God forbid you actually plant the tulip, or use a .dot com/house/telecom/bank stock for anything other than trading.

Merkozy haven't figured out how to rule Europe, and when they think they have figured it out, the David Cameron's of Europe will put the kibosh on it. The Franco-German anvil needs to be forged in monetary/fiscal blood before they can hit the rest of Europe with a hammer.

Fri, 12/09/2011 - 12:35 | 1963217 NotApplicable
NotApplicable's picture

This reminds me of the feud between Hulk Hogan and "Macho Man" Randy Savage.

I can't wait to see who gets body-slammed first. My money's on Cameron, but Sarko likely has a rope hidden in his tights, and bites anything he can get a hold on.

Fri, 12/09/2011 - 13:18 | 1963416 TruthInSunshine
TruthInSunshine's picture

Whatever happened to The Junkyard Dog?

That guy was AWESOME!

Fri, 12/09/2011 - 12:37 | 1963224 jmcadg
jmcadg's picture

Did anyone else notice how le midget couldn't quite bring himself to kiss Pat Butcher's hand (UK joke).

He then managed to find someone smaller than him!!! Who'd have thought.

Fri, 12/09/2011 - 12:38 | 1963231 mktsrmanipulated
mktsrmanipulated's picture

civil war can never breakout in us ... the govt squashes every movement since the 60's....look at what they are doing to ows in sf portland...combating it with violence....there is no democracy it is a false harbinger of hope just like our bamnking system

Fri, 12/09/2011 - 12:43 | 1963264 NotApplicable
NotApplicable's picture

Umm... all of those "movements" emanated from the movers and shakers known as the Rockefellers' and their ilk. That they fail to succeed on their surface is because they are merely dead-end avenues of activism designed to stir up some, while providing a relief valve for others. You'll notice one thing they all have in common though, they all demand more government solutions.

Fri, 12/09/2011 - 13:07 | 1963369 JR
JR's picture

There comes a time when we have to stop saying: Let’s patch this up.

What kind of insult is it to be forced to accept the violence against what the OWS people do, a broken window or whatever, when these guys, the international bankers and their political baggage, are killing people, starving them, taking their life savings and blaming the victims for what they do (you should have invested your puny savings in the S&P 500 or an iPad or futures..). They are nothing more than street criminals who wear white shirts every day and a tie… you can tell by the way they talk, and the way they walk…

Fri, 12/09/2011 - 12:56 | 1963320 non_anon
non_anon's picture

Sarky wants to butt his nose into everyones country

Fri, 12/09/2011 - 15:50 | 1964012 JR
JR's picture


Nicolas (Pepe le Pew)’s Le Snub.

Fri, 12/09/2011 - 13:05 | 1963358 marcusfenix
marcusfenix's picture

meh...who gives a shit?

old mc goldman sacks had a farm ei, ei, oh

with a teleprompter here, a teleprompter there

here a teleprompter, there a teleprompter, everywhere a teleprompter

old mc goldman sacks had a farm...

it was called the united states of European Union America

that's why John Corzine is not in jail, ei, ei, oh

Fri, 12/09/2011 - 15:40 | 1963984 MsCreant
MsCreant's picture

Lousy sooong that you wrote, ei, ei, oh.

Tells the truth any fucking way, ei, ie, oh.

Fri, 12/09/2011 - 13:33 | 1963481 Sandmann
Sandmann's picture

So how does the Bundestag feel about Germany submitting its Budgets to Brussels before ELECTED politicians ?  No wonder the German Finance Ministry is in the former Stasi Headquarters, or is it Hermann Goering's Luftwaffe Ministry Schauble thinks he is running ?

 

Anyway the Verfassungsgericht will have a good time fudging this as preservation of German national sovereignty. Merkel has taken Germany into COMECON with Moscow having to approve spending decisions of the Berlin Politburo. Just like the old days in the German Democratic Republic Angela, Walter Ulbricht would be proud of you !

Fri, 12/09/2011 - 13:37 | 1963496 rockraider3
rockraider3's picture

If anything, this was Cameron giving Sarkozy the cold shoulder.  Sarkozy gave him the turn hoping for a wet kiss on the cheek.  Then Cameron was like, uhhh yuck, and gave him the pat/push to get that motherfucker out of the way. 

Fri, 12/09/2011 - 13:38 | 1963500 rockraider3
rockraider3's picture

Was Geithner at this summit?  Or is he back in the US sending out resumes again?

Fri, 12/09/2011 - 13:46 | 1963515 ebworthen
ebworthen's picture

Wow, that was a brush-off.

I guess Britain remembers the Norman invasions and all those decades of war during the monarchies; and that they don't want to bail out France from yet another crisis, eh?

France is also lucky for Lafayette in the American Revolution or they would be speaking German.

Fri, 12/09/2011 - 13:47 | 1963531 THE DORK OF CORK
THE DORK OF CORK's picture

I don't buy it - they are on the telephone everyday to each other.

They know each other too well to do the formal stuff.

The Saxons and French peasants may hate each other but there is a fast train link between London & Paris these days.

Fri, 12/09/2011 - 15:11 | 1963866 Carl LaFong
Carl LaFong's picture

France and UK at it again as the Chief bicycle seat sniffer acts like the jackass he is and surprises .... nobody.

Fri, 12/09/2011 - 15:19 | 1963904 zippy_uk
zippy_uk's picture

Sarko - "You've just nuked the Fench banking system"

Dave - "sorry mate - it was either ours or yours"

Fri, 12/09/2011 - 16:10 | 1964084 Zero Govt
Zero Govt's picture

Frosty the Snowman arrives in the EU chamber

So one posturing running on empty (and borrowed time) French cock blanks one British born stupid (behind the curve) socialist State Tory tosser

worthless clueless windbags the pair of 'em ...as history will prove ...next

Fri, 12/09/2011 - 17:07 | 1964313 Reformed Sheep
Reformed Sheep's picture

I'm British, and I approve this message.

 

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