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Presenting The SchizEUphrenia

Tyler Durden's picture




 

While men are from Mars, and women from Venus, it would appear Europe's major political leaders are on totally different orbits when it comes to the future of the European experiment. Though there are come commonalities there is one glaring divide - the speed of deficit reduction - as Mont-and-oy differ from Merkel quite vehemently.

 

Source: Exane BNP Paribas

 

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Thu, 06/14/2012 - 13:56 | 2526392 Divided States ...
Divided States of America's picture

They definitely from Uranus

Thu, 06/14/2012 - 14:10 | 2526454 Dr. Engali
Dr. Engali's picture

They may be from your anus butt they certainly aren't from mine.

Thu, 06/14/2012 - 14:17 | 2526480 bdc63
bdc63's picture

Have you all seen the red screen that's up over at Steve Quayle's website? His international banking contact "V" (Steve has been posting his emails for the past year or so) says now that the "Euro has collapsed"

Thu, 06/14/2012 - 14:20 | 2526497 SilverTree
SilverTree's picture

Nothing changes, just rearranges.

Energy cannot be created or destroyed.

Thu, 06/14/2012 - 14:40 | 2526609 ThirdWorldDude
ThirdWorldDude's picture

It doesn't mean you should ignore enthropy.

Thu, 06/14/2012 - 15:36 | 2526905 Seize Mars
Seize Mars's picture

They are circling Uranus looking for Klingons

Thu, 06/14/2012 - 14:34 | 2526579 bubbleburster
bubbleburster's picture

You couldn't resist, eh?

Thu, 06/14/2012 - 13:57 | 2526395 carbonmutant
carbonmutant's picture

It appears as though some regulation may be required... lol

Thu, 06/14/2012 - 13:57 | 2526396 doomandbloom
doomandbloom's picture

Venus is not Mars.

Thu, 06/14/2012 - 14:26 | 2526537 CURWAR2012
CURWAR2012's picture

Earth is Uranus

Thu, 06/14/2012 - 14:36 | 2526585 bubbleburster
bubbleburster's picture

",,,,and you're no Jack Kennedy!"

Thu, 06/14/2012 - 15:37 | 2526910 Joe A
Joe A's picture

Wasn't that uncalled for (though he asked for it)? Whatever happened to this guy?

Thu, 06/14/2012 - 13:59 | 2526404 youngman
youngman's picture

Well if they just do the yellow.....its over....

P.S. I can´t find the can on that picture..where is it??????

Thu, 06/14/2012 - 14:02 | 2526418 Troll Magnet
Troll Magnet's picture

the can was kicked to earth.

Thu, 06/14/2012 - 13:59 | 2526406 ebworthen
ebworthen's picture

"Bail out Malfeasant Banks" should be dead center.

Add Balkanization of the Eurozone and those circles will only meet under "Bail out Banks" until the rings are ripped apart into separate orbits.

Thu, 06/14/2012 - 13:59 | 2526408 batz
Thu, 06/14/2012 - 14:03 | 2526424 Dick Darlington
Dick Darlington's picture

EIB, lol! Over 500 bn loan book with 11,6 bn paid in capital. Already HUGE exposure to Spain and Italy. EIB is owned by EU countries so any incremental capital needed will have to come from EU countries. How Spain, Portugal, Ireland, Italy, Greece etc are going to pay if EIB board calls in extra capital?

EIB in 2 words: PONZI SCHEME

Thu, 06/14/2012 - 14:14 | 2526427 BlandJoe24
BlandJoe24's picture

OK Tyler and sage ZH'ers,

 

Will the market - including equities, EURUSD, etc. - wake up to that fact that Greek elections are Sunday- HELLLLLOOOO!!!!! - and tank/go "risk-off" big time?  Today or tomorrow, Gheez!!!!!!

Thu, 06/14/2012 - 14:15 | 2526471 flacon
flacon's picture

Everyone is sedated it seems. Someone slipped them the sleeping pills. 

Thu, 06/14/2012 - 14:24 | 2526509 BlandJoe24
BlandJoe24's picture

It's just so putridly "wrong"!  There "should" be a massive movement into "safety - risk/off" , including out of the EUR, ahead of Sunday's vote....     What I mean to say is that this rally is ripping my positions to shreds.... AGHHH!!!!  I keep telling myself to hedge (even have post its on my screen) , but keep not doing it...i think it's a primal resistance to supporting the uterly irrationally insane!!!!!!!!   hope i learn before getting completely crushed!

Thu, 06/14/2012 - 14:19 | 2526494 junkyardjack
junkyardjack's picture

Greek elections don't matter.  Everyone is waiting for Wednesday.  We know Europe is in trouble, no one cares, when Bernake gives his signal we'll get a real market move.  As for now its up and down or soaring and smackdowns on here....

Thu, 06/14/2012 - 14:43 | 2526593 BlandJoe24
BlandJoe24's picture

I predict (ie: guessing) ZH post title today or tomorrow:

 

"Markets Wake Up to Greek Elections on Sunday, Panic Ensues (Risk OFF, EURUSD Plunges)"

Thu, 06/14/2012 - 14:38 | 2526598 bubbleburster
bubbleburster's picture

I may be an idiot with my next remark, but to your question, isn't it true that about 1 billion people all over the world have their attention fixed on soccer and on nothing else?

Thu, 06/14/2012 - 14:41 | 2526616 flacon
flacon's picture

Soccer? What's that?

Thu, 06/14/2012 - 16:08 | 2527058 CuriousPasserby
CuriousPasserby's picture

It's a girly kind of football. All the soccer moms take their daughters there Saturdays.

Thu, 06/14/2012 - 15:41 | 2526930 Joe A
Joe A's picture

In Europe we are busy watching 22 grown men chase a ball and the moment someone hase that ball, he kicks it away again. After that there is tennis, Tour de France and the olympic games. When that is all over, people in Europe find out there is no money left.

Thu, 06/14/2012 - 14:06 | 2526431 Peter Pan
Peter Pan's picture

Is any orbit the same after its first orbit?

Can a rogue planet like Graecia cause orbits to resemble tailspins?

If this is a European orbit map, where is the big black hole?

Thu, 06/14/2012 - 14:06 | 2526435 timbo_em
timbo_em's picture

This picture is just wrong! France, Italy and Spain all want fiscal transfers, eurobonds and the ECB to restart their SMP. 

Thu, 06/14/2012 - 14:09 | 2526452 SDRII
SDRII's picture

junk repos or SMP, its all semantics at this stage

Thu, 06/14/2012 - 14:07 | 2526438 Stoploss
Stoploss's picture

Some one thinks more Spanish dwngrades coming.

 

http://www.telegraph.co.uk/finance/debt-crisis-live/9330493/Debt-crisis-...

Thu, 06/14/2012 - 14:08 | 2526443 kito
kito's picture

that chart is bullshit, being that is was of course illustrated by a dying irrelevant bank....monti wants the same thing merkel wants, monti is of the same cloth as the rest of those tentacled monsters controling europe....they want the continuation of a one world europe that destroys culture, individuality, liberty....all to suck the people dry in order to consolidate power. the yellow part of the chart should read FEDERAL RESERVE OF THE UNITED STATES OF EUROPE. that is the only thing they care about, the only thing they are working to maintain.....i call bullshit that monti is in anyway different that merkel. bullshit...complete and utter..........

Thu, 06/14/2012 - 14:23 | 2526511 Sophist Economicus
Sophist Economicus's picture

....bullshit?

Thu, 06/14/2012 - 14:30 | 2526555 Stoploss
Stoploss's picture

I think Greece is getting ready to tell the EU to fuck off, because they are extremely pissed Spain is getting an unconditional bailout. Favoritism always changes everything.

This is back to square one shit right here..

Thu, 06/14/2012 - 14:08 | 2526444 Dr. Engali
Dr. Engali's picture

At the center of the solar system is the black hole of debt.

Thu, 06/14/2012 - 14:09 | 2526447 Sophist Economicus
Sophist Economicus's picture

Isn't this great!   60 years of creeping Statism, Socialism and Crony Capitalism and now, they're running out of other people's money and ideas of how to steal more (I include the US)...

 

Long live the Individual, bye-bye Statist pigs....

 

Thu, 06/14/2012 - 14:11 | 2526458 Winston Smith 2009
Winston Smith 2009's picture

"they're running out of other people's money"

No, they aren't.  Not until:

1. They've taken every penny from you.

or

2. You revolt.

Thu, 06/14/2012 - 14:21 | 2526505 CommunityStandard
CommunityStandard's picture

They'll print until the money you have is close to worthless.

Thu, 06/14/2012 - 14:48 | 2526655 bubbleburster
bubbleburster's picture

the thing about printing money that doesn't get enough positive acknowledgment is that a Government (like here in Canada) can spend huge amounts of money on desperately needed large cap projects (like in my home town) by helping your largest city get its subway line expanded.  It is money very well spent in my view and lets also remember that the thousands of jobs (both direct and downstream supply company jobs) all those working people pay taxes, which circulates back to the Federal government.  I have argued for years (without hard numbers to back it up and I'm sure some smart person has done a PhD on this) that every dollar that the government spends on capital projects is not entirely 1$ in extra national debt because as I say, a portion comes back in income tax and in Canada as harmonized sales tax on consumption. So, not absolutely all debts incurred by (at least my country) are badly created and spent.  Not by a large margin.  We have relatively superb highways, though our large cities have a gigantic unfunded infrastructure budget shortfall..  Some federal spending is wisely chosen, but not all. In Canada, recently, the Fed's were terribly embarressed at the leak of a document that showed our defence minister grossly underestimated the huge cost of buying a small fleet of fighter jets from the Yankees.  Some things do blow up in their faces. 

Thu, 06/14/2012 - 15:00 | 2526698 Winston Smith 2009
Winston Smith 2009's picture

"They'll print until the money you have is close to worthless."

Effectively the same thing as taking it.

Thu, 06/14/2012 - 14:21 | 2526506 Sophist Economicus
Sophist Economicus's picture

Money, what money.   You see, I went on this boating trip and.....

 

And, BTW, I am quite revolting....

Thu, 06/14/2012 - 14:28 | 2526548 slewie the pi-rat
slewie the pi-rat's picture

S_E is a reaganite

he is also independent, self-sufficient and could probably support a small town if he had to

your personal choices may not fit him as glibly as you think...

Thu, 06/14/2012 - 15:05 | 2526713 Winston Smith 2009
Winston Smith 2009's picture

Good, when he starts his revolution against the multi-trillion dollar taxpayer gravy train and gets anything more than the typical "lone lunatic" portrayal in the national media, I'll be less glib.  But he won't, they won't, and I won't.

Thu, 06/14/2012 - 14:12 | 2526462 TWSceptic
TWSceptic's picture

Without a EU, this wouldn't have been a problem. Hollande would have been able to execute his ideas, Germany would continue theirs and we would be able to see what works and what doesn't. Thanks to the EU everyone is now forced in this union and the result will be catastrophic.

Thu, 06/14/2012 - 14:21 | 2526467 lolmao500
lolmao500's picture

Head of State Control Committee to summon Netanyahu to discuss policy on Iran (Haaretz)

India: Pakistani forces fire, kill Indian soldier in Kashmir (AP)

http://english.chosun.com/site/data/html_dir/2012/06/14/2012061401080.ht...

China Conducts River-Crossing Drill at N.Korean Border

The Chinese military exercise appears aimed at preparing for a swift entry into North Korea in the event of an emergency there.

http://english.chosun.com/site/data/html_dir/2012/06/13/2012061301388.html

USFK Wants More Attack Helicopters, Missiles

U.S. Forces Korea Commander Gen. James Thurman said Tuesday he has asked the Pentagon and the Joint Chiefs of Staff to send one more squadron of attack helicopters and bolster the missile defense capabilities of the USFK.

http://en.rian.ru/mlitary_news/20120614/174030933.html

Putin: Russia Ready to Respond to U.S. Missile Defense

http://www.defensenews.com/article/20120614/DEFREG02/306140004/U-S-Seque...|newswell|text|World%20News|p

U.S. Sequestration Won’t Happen, Levin Predicts

http://www.defensenews.com/article/20120613/DEFREG01/306130005/Russian-M...|newswell|text|World%20News|p

Russian Military Chief Stirs Anti-NATO Pot

Russian Gen. Nikolai Makarov has created a political stir and generated a backlash from Finland and Sweden after he warned the neutral Nordic states that any moves to join or develop closer ties with NATO would be construed as hostile actions toward Moscow.

Bullish.

Thu, 06/14/2012 - 14:15 | 2526473 Abner Doon
Abner Doon's picture

Please help.

I need this disseminated.

Talked to SEC etc..., and they say ok and then do nothing.

I have sent info to Zero Hedge and have yet to get a response.

http://hartzman.blogspot.com/2012/06/north-carolina-securities-division.html

 

 

 

 

 

Thu, 06/14/2012 - 14:26 | 2526536 CommunityStandard
CommunityStandard's picture

Wrong battlefield - the enemy has the clear advantage.

Thu, 06/14/2012 - 14:15 | 2526477 firstdivision
firstdivision's picture

Please pledge all your assets to Germany as well. http://www.marketwatch.com/story/switzerland-should-join-the-euro-2012-06-14

Thu, 06/14/2012 - 14:15 | 2526478 shovelhead
shovelhead's picture

Nice ovals instead of squiggly lines. Refreshing.

Somebody should have told Europe that you can't have the drunks in charge of the bar. The joint needs a bartender and he's obviously out to lunch.

Trying to compete with the broke and repo-ed USA Lounge across the street using the same methods is not a recipe for success. You don't have captured shareholders.

Thu, 06/14/2012 - 14:21 | 2526501 Yen Cross
Yen Cross's picture

This shite is comic relief! Hey everyone let's sell dollars before the probably "leaked" shitty [ usd#'s ] tomorrow! The Fed. can print all they want. It will end up just like the Spanish " snailout"!

 Another "headline", another 1% move on absolutely NOTHING!  A bunch of "hopium" addicts, and nothing more. Sure p/e's are attractive. No one wants to play the game.

Thu, 06/14/2012 - 14:37 | 2526594 beatus12
beatus12's picture

A. Greenspan interview on BNN website from Montreal.

Very blunt and frank thoughts, he really really looks worried

and said it's basically over for the EU maybe as soon as

the weekend in it's present form.

Thu, 06/14/2012 - 14:38 | 2526600 Bugsquasher
Bugsquasher's picture

Hey maybe Der Spiegal can run a cover story and picture.

"We're All Fasctsts Now"

http://theeveningchronicle.blogspot.com/2012/06/europes-new-fascism-as-bureaucrats.html

Thu, 06/14/2012 - 14:55 | 2526679 Arnold Ziffel
Arnold Ziffel's picture

Looks like a Venn Diagram gone crazy.

Thu, 06/14/2012 - 14:56 | 2526686 geekgrrl
geekgrrl's picture

I'm not sure a solar system model is very descriptive of what's really going on in the EU. Maybe it's descriptive of the limited range of allowable narratives in political circles, e.g. indefinite growth is desirable, there are no physical limits to growth, debt can be increased indefinitely, etc, but that only goes to show the depth of the pathology of current political thought.

I read the Archdruid Report last night, and was pleasantly surprised to see Greer rip to shreds the idea of "progress," and all its associated pathologies. He posted a very interesting link from Paul Farrell writing for WSJ Marketwatch. What was interesting is that Farrell actually gets to the very root of the problem, and supports Greer's idea that there is a debate alright, but it is between people who are aware of reality and those who make models that support their ideology, but which have no relationship whatsoever to reality. i.e. economists in particular, and large swaths of the sleeping public.

Greer uses the term disconfirmation, by which he means when people like economists who make models and predictions based on them, turn out to be utterly wrong. At that point, they have to ignore or deny that their predictions and models don't describe reality, and then you start hearing idiotic statements like "nobody could have seen this coming." If Greer is right, and I think he is, we should expect to see much more of this in-your-face refusal to face central, undeniable facts. Should be plenty of material for Tyler and other truth-tellers with no end in sight.

 

 

Thu, 06/14/2012 - 15:47 | 2526960 CustomersMan
CustomersMan's picture

 

 

 They all think the world as we know it , ends DEC 23rd, 2012, so they don't give a fuck, or do but not to a human.

Thu, 06/14/2012 - 16:15 | 2527082 CuriousPasserby
CuriousPasserby's picture

So no use wasting time and money on Christmas presents?

 

Man, if it doesn't happen the stores are gonna be jammed on the 24th, though.

Thu, 06/14/2012 - 17:00 | 2527226 PalladiumJockey
PalladiumJockey's picture

This is bullish!

 

For Black Holes.  At some point, the printing cannot keep up with the sucking.

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adnan202's picture

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