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Investors may decide to let the Euro live, according to the video. But do investors really have any power? Everything falls back on the central banks and corrupt politicians. Only a matter of time before everything collapses:
So who will get the bailout first? Italy or Spain? Will the bailout(s) be before or after the printing presses are placed on turbo?
read it last night, I recommend everybody does and then just contemplate it for a moment.
Hopefully they will have a separate ZeroHedge section for all of us
im looking forward to putting faces with usernames
there are some brilliantly funny people on here too. should make for a good time
see you there bro! we can use cigs for currency, i'll be sure to bring some!
I'm still trying to get my head around the new NDAA bill about to be passed... What the hell is our government expecting? Who is sitting back and thinking to themselves; goodness, we need a really strong tool for our Military to grab people off the streets and through them into prisons and forget about them? This is very disturbing... Very disturbing indeed.. It should scare the shit out of any person that takes a moment to think about this objectively and search their mind for a reason our government thinks they need such a law...
//to think about this objectively//
Objective thinking, haha.
We are at War with the terrorists so anything is justified.
//we need a really strong tool for our Military to grab people off the streets and through them into prisons and forget about them?//
If you read any OWS article comments on conservative websites, many of the commenters wouldn't have an issue with the Military doing that to these people.
TPTB thrives on creating these divisions - when our rage is directed against fellow citizens or boogeymen abroad, that is the opportune moment for them. You know what they say, don't let a crisis go to waste!
Yet it doesn't move the needle. We are conditioned into outrage based on what is fed to us through the media. We can read something "outrageous" but need it to be reinforced for us in order to "feel". It is remarkable to watch.
It works on a couple of different levels. If you were to take this "outrageous" news to a friend, they are able to dismiss it because the drumbeat of outrage can't be heard. In fact, not only do they dismiss it, they immediately label you as a loon, or a conspiracy theorist or whatever box they choose. This feedback loop marginalizes our free thinkers.
http://armypubs.army.mil/epubs/pdf/R210_35.PDF - The document on civilian prison camps on army bases is interesting. An unclassified document just sitting out there discussing who feeds these civilian labor camps.
I know you won't like to hear this, but another opinion can sometimes help balance ones opinion. If you recall, the govt received much negative press after Katrina for not being fully prepared. Now that they are attempting to become better prepared for the next inevitable disaster- earthquake, or hurricane, or tornado, or whatever, the conspiracy theorist are coming out suggesting its a plan for the next Manzanar. Is it not possible these "camps" are nothing more than FEMA attemptong to better prepare for an actual disaster and a safer place for displaced people to go (unlike the stadium in New Orleans) as opposed to some conspiracy theory about rounding up the average citizen? I watched a video about US military personnel defending OWS people from NYC police. Based just on that small sampling, I wonder how successful or defiant the armed forces would be if they were actually ordered "against" their fellow countrymen. I wouldn't be too worried about this new bill, there are bigger issues to think about.
You saw that video as military vs. NYC police? That isn't what you were watching. You were watching a former soldier, as a civilian, defending the OWS movement. Very different from the words you used.
But you do connect with an issue that may ultimately arise (and we have seen the play out all over the globe). At what point will the military not support the government vs. the people? Difficult to say.
I watched that one of the former soldier too. There was another one, where supposedly off-duty, but enlisted Marines, were talking about grouping together to assist a soldier that was injured. Who knows- with so much news constantly streamed from hundred of sources it difficult to impossible to determine what is fact or fiction. Unless you are right there amongst the crowd or watching a livestream. Point is, its anyones guess what direction this type event would take.
"I wouldn't be too worried about this new bill, there are bigger issues to think about."
Sorry to disagree, but there is no bigger issue than freedom. Our current situation is a direct consequence of total debt/financial enslavement by the criminal banking and financial cartels. Governments are now wholly owned subsidiaries of said cartels and push this type of legislation for future use in "crowd control". Governments are nothing more than their enforcement branch.
how is greece spreads'..
for food or sigarets
NOTE To: Italy, Greece, Spain, Ireland, and everyone else over there except Germany: Iceland's GDP grew by 4.7% in the third quarter. Just sayin'
This will not be allowed...cue the volcano Einkasyallmakuslukbad.
I look forward to the announcement of the "deal". And the selloff that will follow.... There is only one solition. The final solution. DEFAULT.
don't you know you can't say final solution?
nice. did I say that?...er, um, well... if the shoe fits... walks and talks like a duck... or something
it should get real once ECB sterilization program ends. we should bet close to the limit. mid January-early February?
Spain will be downgraded as ALL OUR COMUNIDADES AUTONOMAS ARE IN DEFAULT
Just like US munis and their debt burden is Mega bigger than Spain's.
GS cabal preparing for Standoff with Germany as Merkel will not toe party line. The attack on EUro will hot up as chances of ECB mega print option announcement in Friday's meeting fades. Merkel is showing intransigence to Van Rompuy's demand to ramp ECB play.
But is she jerking their chain or playing for time while the BB prints DM?
I don't know what her real margin of maneuver is. The Squid has got Euro zone fiscal union on fast track mode w/o popular consultation. Something Merkel would have preferred to see through parliament but she conceded to Sarkozy to get him backing down on ECB role. GS and friends wanted BOTH fast track fiscal union and Ecb print to infinty. They got one but it seems have failed to get the other. Van rompuy and Sarkozy obviously are more aligned with the US position. Merkel is playing her German card against a lot of coercitive pressure from EU technocrats/France /US Oligarchs.
I seem to remember a similar extension of dominion in the US past...something to do with Gettysburg, Shiloh, Antietam, and the like.
Beats Estimates bitchez...
The short squeeze that was engineered by the central banks has ran out of the shorts.
We all know deep down that interest rates for these countries will be right back where they were in short order. You can't fix a spending problem with more spending and you can't borrow money from broke country's.
It's ok, American consumer stocks are up again, hitting new highs. It's all good news for selling more crap to broke Americans.
Small doors, large corwds, interesting analogy.
Oh sure, I'd sell gold and then loan the proceeds to the Itals. WTF.
No @ 6%, no @ 10%, [hint] there ain't no yield price.
> No @ 6%, no @ 10%, [hint] there ain't no yield price.
If you had that attitude in 1981, you waited close to 30 years before being proven right.
(any mean to have a CDS update ? thanks !)
a quick note to MillionDollarBonus related to the previous thread about sovereign CDS.
wow... as I said in the last thread, it is ALMOST as though these Sovereign Bond Yields and Sovereign Bond Prices tell us something about the credit worthiness of the Sovereign nations.
So do we really need a CDS market to tell us this information? Who among you trusts the price action of one of the most liquid markets on Earth (Sovereign Debt Markets) LESS THAN the price action of a thinly traded opaque market that is rife with collusion and manipulation by a small number of parties (the CDS market)?
who here NEEDS the CDS price action when you have these charts?
who here CARES what Fitch or Moody's says about sovereign default risk?
and this was my beef. Not only do we not need the credit agencies and the CDS market to help us see where to put and not put our money... we also don't WANT them to do it because their data is inherently flawed.
all we need is the bond prices/yields. Yes... the prices are affected by Central Bank manipulation, but no more so than the same manipulation they do to the CDS market, and I'm not even discussing the credit ratings agencies.
EZ bonds have all been loony due to the rumors that flew around last week. They are still too rich at the moment, not a damn thing has been done to fix their issues. The EZ crisis is playing out like an episode of Gossip Girl (yes, my ex forced me to sit through some of those).
OT: Shorting MBI now (@$11.01)! Let's see if I lose on this bet or win.
Retailers still pinned at 3-year highs.
Los Angeles gas prices are imploding:
Yet WTI refuses to drop, and Brent fell a bit but we'll see.
I am curious where the actual money come from. Watch and LAUGH..... http://inkom.com.au/blog/explaining-european-debt-crisis
Finland finds they DO HAVE constitutional rights even though the EU-dictatorship tries to rape every taxpayer in Europe to the bone.
Finnish news agency YLE writes (very bad Google translation):
German and French proposal by qualified majority decisions in the euro area of ??permanent crisis fund could crash Finnish constitutional obstacles. Constitutional expert consensus, the abandonment of a crisis fund of funds allocation violate the Finnish taxpayers' rights.
A large committee heard on Wednesday, the constitutional expert Charles the Tuoria. He considered the proposal infringes the rights of Finnish taxpayers.
- Finland will lose EVM's decisions on the right of veto. Finland can not be bound by the decisions relating to the Finnish taxes on the use of taxpayers without their consent.
Opposition True Finns leader Timo Soini, requires that a unanimous decision must be adhered to.
- The situation is very serious, and young leaders are under pressure. They must not agree to this, because when it is removed now, Finland has the chip on the waves. It should not be acceded to, Soini points.
Where is the "big crash" that is supposed to happen?
SPY still way over the 21-day EMA
And the 50-day:
...yet it is still below the 200DMA.
Whenever i think of Spanish ot Italian bondholder bolting to the exits i can't help but visualize "run forest run".
I am assuming market is in enough of a state of delusion to be able to ignore these bond spreads for another day or two.
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