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Slovak PM Joins Calls For Eurozone Split

Tyler Durden's picture




 

And there they go again with that word out of place. Just out of Reuters:

  • SLOVAKIA'S PRIME MINISTER SAYS EURO ZONE SPLIT MAY BE NECESSARY, DE FACTO SPLIT ALREADY EXISTS

Expect Barroso and Van Stock Ramp to come out with denials and allegations of nuances lost in translation shortly.

 

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Fri, 11/11/2011 - 11:10 | 1869696 RSloane
RSloane's picture

Of course there is already a split. I'm starting to like Slovakia more and more, though.

Fri, 11/11/2011 - 11:11 | 1869707 jdelano
jdelano's picture

I've got this feeling--call it an intuition, today ends in the red.  

Fri, 11/11/2011 - 11:14 | 1869721 WestVillageIdiot
WestVillageIdiot's picture

I was thinking the same thing but I am done trading this bullshit market and having my lunch money go to the crooks on Water Street, Broad Street and Wall Street.  Fuck them.  If they want my cash they can make it the old fashioned way and mug me in Tribeca. 

Fri, 11/11/2011 - 11:21 | 1869746 trav7777
trav7777's picture

Two-tiered Euro...wtf?  Gresham's law will brutalize the south

Fri, 11/11/2011 - 11:23 | 1869754 WestVillageIdiot
WestVillageIdiot's picture

You've got it all wrong, once again, Trav.  The people will still want the southern currencies because there are economic models by local economists that show just that.  I believe when LBJ took silver out of our coins he believed he could punish the price of silver so badly that nobody would want to hold the old silver coins.  =)

Did you notice that oil is up to $99?  I bet you did.  Don't you love how these phony little stock market rallies always shove it right up main street's tailpipe? 

Fri, 11/11/2011 - 11:33 | 1869783 Hugh_Jorgan
Hugh_Jorgan's picture

The stark, sad reality is that the problem in Europe is that their social and economic fabric has warn painfully thin, Their ideas have been tested over and over and been found wanting. However, none of the power brokers will let go voluntarily. This means that the needed social change likely comes by way of Mankind's shame, a giant bloody war. The only choice I see for Europe is whether they enslave themselves to China first, and then go to war or just go to war. We are about to see more ugly history made over the next 20 years..

Fri, 11/11/2011 - 11:22 | 1869753 jdelano
jdelano's picture

Yeah--I decided in recent weeks that I'm done.  I have puts on and a few shorts that I will ride out but after those either go to nil or generate a 20% profit, I'm out--literally, forever.  I'm going to liquidate completely, buy some pms, and put the rest into leasable farmland or a franchise.  Been looking into McDonalds since they are looking to open about 1300 new locations.  But I am not going back to the equity or bond markets unless or until they are once again legitimate and controlled by fundamentals.  I'm optomistic that others will probably end up doing the same--voting with their feet and that is what will ultimately force reality back into the markets....  Hell, maybe I'll open yet another fucking cupcake store--how about on little west 12th next to all the clubs so when B&T whores get out at 4 in the morning they can walk over and get a tasty booze sponge treat...  Anybody interested in investing?  

Fri, 11/11/2011 - 11:42 | 1869811 Larry Darrell
Larry Darrell's picture

Are you already part of the McD organization?  If not, good luck.

In 30 years of work with McDonalds, my father has only met 2 owner/operators who didn't come from within the organization.

Fri, 11/11/2011 - 11:52 | 1869851 jdelano
jdelano's picture

I have a family friend who just bought 3--he's a retired architect, owned his own firm for 20 years, no prior affiliation to MCD.  He said they were pretty receptive.  Was planning on using him as my in... we'll see I guess.   

Fri, 11/11/2011 - 13:13 | 1870198 dark pools of soros
dark pools of soros's picture

how long before they lobby to allow SNAP cards at fast food joints??  should I get 8 figures for presenting that idea?

Fri, 11/11/2011 - 11:17 | 1869731 RSloane
RSloane's picture

I have the same intuition. This is all going to crumble to rubble, the question is when. Don't know if today is the day or not but it feels like a slight breeze of  Armageddon may chill the markets.

My SO, however, is very familiar with my intuitions which he attributes to hormonal surges.

Fri, 11/11/2011 - 11:19 | 1869741 sunny
sunny's picture

Good luck with your feelings.  Dow at +222 as I type.

sunny

Fri, 11/11/2011 - 11:26 | 1869760 WestVillageIdiot
WestVillageIdiot's picture

And when do you sell?  A point rise means nothing until you sell.

Fri, 11/11/2011 - 11:28 | 1869767 TruthInSunshine
TruthInSunshine's picture

It will be transitory.

We'll have plenty of +2% and -2%+ days, and then boom, out of nowehere, because "nobody could have seen it coming - nobody" /s ,' someone will publicly announce a simple mathematical equation that had been known for quite some time, and the sudden realization that it's all been crashing all along as the latest and greatest bubble elevated on the empty rhetoric of central banksters and highly massaged and abused statistical data will settle in amongst even the sheeple, as the race to unload and get to positions of non-toxic, non-bagholder status (i.e. liquidity) will be on like donkey kong.

Fri, 11/11/2011 - 11:26 | 1869761 Oztralian
Oztralian's picture

McFly is going to be McBroke if you're trading off that intuition

Fri, 11/11/2011 - 11:35 | 1869789 jdelano
jdelano's picture

McFly could give a Mcshit, I just like watching you bulls get all jittery.  It's like you guys all know you could get fucked at any moment--bam, Germany comes out and says, 'well guys we looked at the numbers and what do you know, it really is totally unsustainable after all!  So um...we're out'--but you just can't help yourselves.. too stupid and uncreative to figure out any other strategy besides buy and hope.  You're all gonna be in the market the day Europe implodes, and you'll all be looking at each other going "OMFG, HOW DID THIS HAPPEN?  HOW DID THEY LET THIS HAPPEN?"  You'll lose your ass, and I will be reading the headlines about you dumb fucks jumping out windows and smirking....  He who laughs last laughs best...   

Fri, 11/11/2011 - 11:48 | 1869835 Ahwooga
Ahwooga's picture

This is the finest post I have ever read on ZH. The fact these morons get paid for never having had an original thought in their lives is so offensive I have never known how to put into words my feelings towards them. You get 3 gold stars for this one jdelano.

Fri, 11/11/2011 - 21:41 | 1871410 Bring the Gold
Bring the Gold's picture

It was a nice post and gave him green, but....the finest post on ZH ever? Do you only read the first two comments or something?

Fri, 11/11/2011 - 12:16 | 1869951 Honey Badger
Honey Badger's picture

He who panics first, laughs last.

Fri, 11/11/2011 - 11:10 | 1869697 lolmao500
lolmao500's picture

So how long before the Slovak minister has a heart attack?

Fri, 11/11/2011 - 11:11 | 1869706 RSloane
RSloane's picture

He needs to avoid standing near pedestrians with pointy-tipped umbrellas.

Fri, 11/11/2011 - 11:15 | 1869727 WestVillageIdiot
WestVillageIdiot's picture

"Would you believe he was able to shoot himself in the head 11 times?  He was some marksman." 

Fri, 11/11/2011 - 11:18 | 1869736 RSloane
RSloane's picture

Indeed, considering he was hand-cuffed at the time!

Fri, 11/11/2011 - 13:44 | 1870318 gmrpeabody
gmrpeabody's picture

Wasn't it Claudine Longet who "accidently" shot Spider Sabich 6 times, and was acquitted in Aspen?

Then again, I maybe have the names wrong. Anyway, he should avoid sking in Aspen.

Fri, 11/11/2011 - 11:21 | 1869749 covsire
covsire's picture

Some people just have their demons.  Poor fella.

Fri, 11/11/2011 - 11:10 | 1869698 GeneMarchbanks
GeneMarchbanks's picture

Whore price deflation is killin'em

Fri, 11/11/2011 - 11:11 | 1869702 J 457
J 457's picture

And somehow this is bullish for EUR/USD with DOW up 240. 

Fri, 11/11/2011 - 11:12 | 1869713 HamyWanger
HamyWanger's picture

The PigMen are taking the ~11700 shorts to the cleaners. Now that it has been pretty much done, we can go back to business as usual. Maybe a 400-600 points correction. 

Fri, 11/11/2011 - 11:20 | 1869744 WestVillageIdiot
WestVillageIdiot's picture

If anybody here was in a Euro country wouldn't you be hedging yourself with some level of PM buying?  Especially if you were in Greece and Italy. 

Fri, 11/11/2011 - 11:25 | 1869759 X.inf.capt
X.inf.capt's picture

hell,

im hedging with physical PM's....

and im in the good ole' USA....

Fri, 11/11/2011 - 11:11 | 1869703 X.inf.capt
X.inf.capt's picture

bring it..

can we get this over with,please!

Fri, 11/11/2011 - 11:14 | 1869705 silver500
silver500's picture

I guarantee that over the next six months European leaders will do a large number of U turns over splitting the Euro

Projected number of U turns:

Germany: 2
France: 2
UK: 1
Greece: 4
Slovak:3
Spain: 3
Italy: 6

Fri, 11/11/2011 - 11:12 | 1869708 ZeroPower
ZeroPower's picture

Market's bbg must be turned off- not reacting to anything except each tick must be greener than the prior one.

Fri, 11/11/2011 - 11:13 | 1869717 HamyWanger
HamyWanger's picture

The volume is ridiculous, but it is sufficient to cause devastation in short desks right now.

Fri, 11/11/2011 - 11:16 | 1869729 WestVillageIdiot
WestVillageIdiot's picture

"Robo Horseshoe loves GMCR." 

Fri, 11/11/2011 - 11:21 | 1869745 X.inf.capt
X.inf.capt's picture

WE LOVE YOU. HAMY!

Fri, 11/11/2011 - 11:11 | 1869710 prains
prains's picture

He may have dripped some schnauble on his merkels and will have to wipe it up

Fri, 11/11/2011 - 11:12 | 1869712 WestVillageIdiot
WestVillageIdiot's picture

And look at stock markets around the world rallying.  It is just amazing to watch this farce.  This reminds me of 2007 when it was so obvious how bad housing, and the economic world were, and the stock market just kept going up.  The key is to just be patient.  Can they really outrun reality forever?

In the previous thread there is something that needs to be clarified.  People need to quit calling the likes of Merkel, Sarkozy, Obama, etc. "our leaders".  They are not our leaders.  They are our politicians.  They are the furthest thing from leaders that one can find.  This is like calling those highly leveraged investment funds "hedge funds".  It is amazing how language is poisoned to achieve a result.  Sad, sad, sad. 

Fri, 11/11/2011 - 11:16 | 1869728 Dr. Engali
Dr. Engali's picture

The problem is two fold.

1) weak handed bears jumping on each down draft only to get their money taken away with a sqeeze.

2) Everybody and their brother is trying to get in ahead of QE3. The problem with that thinking is the market won't fall to levels that gives the fed cover to print.

Fri, 11/11/2011 - 11:12 | 1869715 Odin
Odin's picture

And time to bring in the brainwashed cloned double......"Slovak PM denies ever making claims"

Fri, 11/11/2011 - 11:14 | 1869719 lolmao500
lolmao500's picture

Very bullish for Europe :

http://news.yahoo.com/nuke-agency-reports-unusual-radiation-europe-13450...

Nuke agency reports unusual radiation in Europe

The U.N. nuclear agency is reporting "very low" — but higher than usual — levels of radiation in the Czech Republic and elsewhere in Europe.

Fri, 11/11/2011 - 11:29 | 1869769 i-dog
i-dog's picture

Brussels tried to nuke Slovakia ... but missed. They just can't get anything right!

Fri, 11/11/2011 - 11:52 | 1869852 High Plains Drifter
High Plains Drifter's picture

well the belgians have given us at least two good things that i know of.  fn herstal and jack van impe?   :)

Fri, 11/11/2011 - 12:19 | 1869966 Negro Primero
Negro Primero's picture

...well, according to this map, some days ago there was some 'unidentified low radiation' going on in Austria, and also in Ireland.

http://gamma.tar.bz/maps/main/?z=9&c=48.283193,14.577484&grid=0

Fri, 11/11/2011 - 11:15 | 1869724 lizzy36
lizzy36's picture

Fingers crossed that their is an extra MIT grad with ECB on his resume that can be drafted into Spain by yank Thanksgiving.

Who knew technocrats were the solution.

Fri, 11/11/2011 - 11:31 | 1869774 TruthInSunshine
TruthInSunshine's picture

Long Term Capital Management taught us that nuclear physicists and other highly technically trained 'smart people' are the best 'tools' to manage complex financial crises.

 

 

/s/

Fri, 11/11/2011 - 11:54 | 1869857 High Plains Drifter
High Plains Drifter's picture

jim rickards walked out of the smoke of the collapse of ltcm and now he is a good guy..........he took off his black  hat and put on a white hat. 

Fri, 11/11/2011 - 11:31 | 1869776 wang (not verified)
wang's picture

kleptocrats

Fri, 11/11/2011 - 11:15 | 1869725 youngman
youngman's picture

Does a EuroZone Split have Bananas, Ice Cream,  whip cream,,,and those pretty colorful little sprinkles...I like those.......

Fri, 11/11/2011 - 11:18 | 1869735 WestVillageIdiot
WestVillageIdiot's picture

Yeah, they stick the banana right up your ass.  You don't want to know what they do with the spoon. 

Fri, 11/11/2011 - 11:31 | 1869779 Hephasteus
Hephasteus's picture

No it just has chopped nuts sprinkled on anal fisting grease.

Fri, 11/11/2011 - 11:17 | 1869732 High Plains Drifter
High Plains Drifter's picture

the chief of the slovaks has spoken...........ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ ........

Fri, 11/11/2011 - 11:17 | 1869733 tempo
tempo's picture

Why doesn't the occupy movement protest the largest number of the 1%, the media/TV/Movie stars? One response, the people watching TV/movies do so freely. Response, the OWS movement is protesting the 1% and the movie stars/directors are the biggest portion of the 1%. Sitting in a park in front of a local bank where the branch manager is about to lose his job makes $50,000 per year is silly and a waste of time. Go protest in Hollywood and Brentwood and you will find what happens to those who protest the real 1%.

Fri, 11/11/2011 - 11:19 | 1869742 the not so migh...
the not so mighty maximiza's picture

Nice!!!!

Fri, 11/11/2011 - 11:24 | 1869756 lolmao500
lolmao500's picture

OWS should be occupying the scum on TV... CNBC, CNN, MSNBC, FOX... occupy all those shills.

Fri, 11/11/2011 - 11:46 | 1869823 High Plains Drifter
High Plains Drifter's picture

if they keep taking over israeli embassies, they may have to take their geiger counters to see if any nuclear material is in the area....could be dangerous to demonstrators,  si?  

Fri, 11/11/2011 - 11:18 | 1869737 NEOSERF
NEOSERF's picture

Call me impatient but I have given up on the "collapse"...everything negative is spun to be positive and a return to drachmas and francs will be as well...

Fri, 11/11/2011 - 11:24 | 1869758 sabra1
sabra1's picture

think about it! if shorts are already taken out, and one and all, is bullish expecting a santa claus rally, and if you were a soon to be in hell oldidork, how would you maximize profits? don't forget, there was no sell in may, october was a profitable month. see, all is reversed! there will be no santa claus rally, which the longs are bragging about!

Fri, 11/11/2011 - 11:48 | 1869837 High Plains Drifter
High Plains Drifter's picture

its going to happen when they want it to happen,  who knows when it will happen. they will do what they are going to do when they feel it is time. take for instance today   nov 11, 2011.   a great day for numerological consequences i would think...........

Fri, 11/11/2011 - 11:18 | 1869740 Forgiven
Forgiven's picture

They will of course break him into submission.  If not, I wouldn't be surprised that we read he disappeared like that DA working the Penn State sex scandal did in 2005...mysteriously, quietly gone.  Those evil bastards will do anything to off someone challenging their "authority."

Fri, 11/11/2011 - 11:20 | 1869743 High Plains Drifter
High Plains Drifter's picture

oh looky. here we are with all of this military psy ops going on today and then now they are talking about iran again on cn bullshit.........so we get to the heart of the matter don't we?  the yids have hundreds of nukes and are much more unreliable and dangerous than the persians ever were and yet all we hear about is iran this and iran that..........

Fri, 11/11/2011 - 11:24 | 1869755 SheepDog-One
SheepDog-One's picture

Yea when is the last time Iran attacked anyone at all....Thermopolis?

Fri, 11/11/2011 - 11:27 | 1869764 High Plains Drifter
High Plains Drifter's picture

yes, it is true. and what happened to them there?  

Fri, 11/11/2011 - 11:25 | 1869752 The Count
The Count's picture

This doesn't fit to the topic, but here goes anyway.... how come NONE of the candidates or congress for that matter, find this way of saving billions:

cut financial support for pakistan and israel for starters. screw them both, they are just blood suckers doing nothing for us. 

then review all other financial aid (polit speak for bribes) to the rest of the world. what have they done for US lately, namely nothing. besides voting against us in the united nations.

and lastly... cut back the budget of the CIA, NSA etc. these organisations main job is to keep us in the dark about things, not to keep secrets from the other side. they already know most through their own clandestine services. 

 

Fri, 11/11/2011 - 11:32 | 1869781 High Plains Drifter
High Plains Drifter's picture

john kennedy said he would destroy the cia and cut into pieces............then he died..........when he died, the job was complete and the hostile takeover by the yids was complete and zog became a clear and present reality here in the gulag called amerika.

Fri, 11/11/2011 - 12:00 | 1869875 Tramp Stamper
Tramp Stamper's picture

The CIA does not need a budget they have their own source of income, the worlds biggest drug and arms dealer

Fri, 11/11/2011 - 11:25 | 1869757 High Plains Drifter
High Plains Drifter's picture

oh , one percent is defending 99 percent of the nation .  uh huh and just where is this conversation leading ?  are they going to start the draft again?  is that what he is in reality , talking about? this traitor general michael hayden is a piece of work isn't he?  these people are idiots. they get these "jobs" in government and they think that they are contributing something to society. it is amazing how they go into this kind of mind warp where they ignore reality  and play this big game of pretend everyday when they go to their "jobs"  these are dangerous people and are extremely dangerous to humanity and to liberty and it is amazing to note the level of brain washing that has gone on and is going on..........it is truely a sign of the times we live in.......

Fri, 11/11/2011 - 11:27 | 1869766 sabra1
sabra1's picture

don't tell me 99% of us can't bring down the 1%? but i want to work the guiillotine, it's my turn, and my pleasure!!!

Fri, 11/11/2011 - 11:28 | 1869768 The Big Ching-aso
The Big Ching-aso's picture

Split?   Banana Republics tend to do so.

Fri, 11/11/2011 - 11:31 | 1869773 oogs66
oogs66's picture

the little guys want to get dragged down even less than the big guys

Fri, 11/11/2011 - 11:41 | 1869802 High Plains Drifter
High Plains Drifter's picture

well this week on the jew toob, we will see tons of military programs to get the goyim minds right for the next big conflict that is coming. we will see , the movie  "saving private ryan "  about ten times among other military type shows, to make the goyim be proud of their army and to be proud of their country in some kind of false patriotism and false pride that is engendered by the yids in the goyim because in order to achieve the jewish one world government they need all of our help since they are few and we are many.  "saving private ryan" is a wonderrful story of how some brave yids went in search of a lone surviving  white brother (cow)  in france during ww2 and during this search, the brave yids suffered much and in one final scene a brave yid died while fighting hand to hand with a evil german soldier......yes it is nice to know that brave yids fight each day to help their cattle maintain a nice life here in the gulag, doncha know.......

Fri, 11/11/2011 - 12:15 | 1869947 ReactionToClose...
ReactionToClosedMinds's picture

here is an endorsement to buy/read matthew lynn's "busted" book on euro demise.  he  was totally prescient unlike alot of books like this.  am not a bloomberg fan but as lynn works there, someone ought to lock-up lynn at bloomberg with a great multi-year employment contract.

Fri, 11/11/2011 - 12:38 | 1870032 falak pema
falak pema's picture

Long John silver of USA wants treasure island for himself. The Euro stockade is now his bait to get Jim Hawkins on his side. Where is ISrael Hands? Is he heading for Iran? Will Jim come of age and avoid the Silver false flag?

Read the end and you'll know the denouement!

Fri, 11/11/2011 - 12:38 | 1870037 Piters
Piters's picture

LOL.. I see new elections in Slovakia VERY SOON..

 

ROFL..

Fri, 11/11/2011 - 13:00 | 1870136 Slovak
Slovak's picture

Current Slovak PM is done. She will be replaced with the left party in march as a result of government failure over ESFT vote few weeks ago. I'm Slovak living in US and I think all of this news makes no difference. Slovakia is just too little to make any significant change. Nothing to see here folks just move along and get your daily dose of hopium. All is fixed now :-)

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