Slovak PM Joins Calls For Eurozone Split

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Fri, 11/11/2011 - 11:10 | 1869696 RSloane
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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
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I've got this feeling--call it an intuition, today ends in the red.  

Fri, 11/11/2011 - 11:14 | 1869721 WestVillageIdiot
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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
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Two-tiered Euro...wtf?  Gresham's law will brutalize the south

Fri, 11/11/2011 - 11:23 | 1869754 WestVillageIdiot
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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
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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
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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
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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
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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
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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
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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
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And when do you sell?  A point rise means nothing until you sell.

Fri, 11/11/2011 - 11:28 | 1869767 TruthInSunshine
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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
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McFly is going to be McBroke if you're trading off that intuition

Fri, 11/11/2011 - 11:35 | 1869789 jdelano
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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
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He needs to avoid standing near pedestrians with pointy-tipped umbrellas.

Fri, 11/11/2011 - 11:15 | 1869727 WestVillageIdiot
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"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
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Indeed, considering he was hand-cuffed at the time!

Fri, 11/11/2011 - 13:44 | 1870318 gmrpeabody
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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
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Some people just have their demons.  Poor fella.

Fri, 11/11/2011 - 11:10 | 1869698 GeneMarchbanks
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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
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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
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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
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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
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The volume is ridiculous, but it is sufficient to cause devastation in short desks right now.

Fri, 11/11/2011 - 11:16 | 1869729 WestVillageIdiot
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"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
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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
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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.......

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