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RANsquawk EU Morning Call - German Factory Orders Preview - 05/06/12

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Tue, 06/05/2012 - 05:13 | 2495053 lolmao500
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WW3 news...

http://www.bbc.co.uk/news/world-europe-18320425

Azeri-Armenian clashes 'may escalate' - Hillary Clinton

US Secretary of State Hillary Clinton has voiced concern over border clashes between Armenia and Azerbaijan - hours after three Armenian soldiers died in the latest skirmishes.

Speaking in Armenia, she warned that the clashes "could escalate into a much broader conflict" in the Caucasus.

Both sides have been building up arms in recent months and refusing to compromise.

Let's remind everyone... Russia VS NATO... right on the Iranian, Russian and Georgian border...

Turkey wants to destroy Armenia. Turkey is in NATO. Russia is protecting Armenia... This could be a big big big big clusterfuck if it were to go live.

Tue, 06/05/2012 - 07:02 | 2495136 BandGap
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Same area of the world used as an excuse to start WW1. This shit really is cyclical.

Tue, 06/05/2012 - 05:26 | 2495058 zilverreiger
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Must hear speech F2C2012: Eben Moglen keynote - "Innovation under Austerity"

http://www.youtube.com/watch?v=G2VHf5vpBy8


Tue, 06/05/2012 - 06:00 | 2495085 cnhedge3
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Will rates stay low, QE or no? http://www.cnhedge.com/thread-7086-1-1.html

Tue, 06/05/2012 - 06:29 | 2495111 Peter K
Peter K's picture

German Manufacturing Orders just collapsed. Fugly, especially on the Foreign side. The Euro just lost it's last crutch. No leg to stand on going forward. Mind the Gap. :)

Tue, 06/05/2012 - 06:32 | 2495112 papaswamp
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Apparently an emergency meeting of G7 finance ministers has been called. Sounds like coordinated QE/liquidity injections are about to occur. A big ink order must have gone in.

Tue, 06/05/2012 - 06:45 | 2495121 LongSoupLine
LongSoupLine's picture

Yep, I can see how that meeting will go...

"so, Germany, you got this right?"

"nein!"

"anyone else got something to help out?" (crickets chirping)

"uhhh, well...guess we'll punt to the ECB."

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