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Spiegel Calls It: Akropolis Adieu!
It took Europe two years to grasp the inevitable, and go from...
And, sadly, it has become so obvious, even Nobel prize winners get it.
h/t insidegame
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Dow Jones Crash | A Technical Prediction
Stocks and Markets rise and fall in discernible patterns motivated by our collective emotions. These emotional patterns remain present in the markets despite Government manipulation through programs such as Currency Swap agreements with the EBC, Quantitative easing programs, and other monetary injections of capital into markets that are simply too numerous to catalog for the purpose of this article. These injections of capital will produce a overall positive trend in the markets, yet contained within the trend are periods of volatile downside risk.
The Read The Rest Of This Article Go Here: http://stocklegends.com/dow-jones-crash-technical-prediction/
Collapse Bichez!
So should I back up the truck yet or not. Im tired of averaging down in pms and guns
being able to buy phys OTC on a sunday....priceless.
OT, There is a classic play going on in the Indian Silver market that is just crazy. Rupee is being severely depressed. I was there yesterday. no one is buying bullion right now. Exchange adjusted, Silver in the rupee is still strong because the rupee is tumbling. Nasty muffers.
But again and again, it's the EU that is supposed to survive all this, ne? The great experiment? Or will the New World hold out longer. It's not as if, beyond it's MIC might, the US/USD is good for anything. Oh, Facehook and the billion dollar instagram, I almost forgot.
And since NATO=EU+US+a bunch of now Global observer wannabes (just like the Euro is, it's all fractal)...nope, I do not see the Eurozone collapsing.
As a matter of fact, the Eurozone is so much more ready to be police-stated, smaller, gun-less except the Swiss, tech and mobile phone addicted, camera-covered, socialist and govermnment teat addicted, majority blue-collar population, football addled, hooliganism induced violence desensitized (London and Paris "feel" like violent cities, simmering, always simmering, rude muffers everywhere...). And drunk a lot. Honest readers know this is not hyperbole, but a reality.
Plus, one look at Eurozone TV and you know that everyone's mind has been guttered. Their versions of BigBro like reality shows are wild, crazy, out there.
Dogging "took off" in England, spread through the Eurozone like wild-fire.... enough said.
That's my take. EU to go cashless and police-statish first, with some gratuitous Arab violence in paris's Mo-slim quarters. But stay as the EU.
Or global bust, war etc. cleans the slate all around.
ori
sifting-the-sands-of
ORI, both the EuroZone and the EU are more diverse than that. And it's a question of public spaces.
Police stated? In theory yes, in the countries with Napoleonic Code the police has the right to check on your identity in public spaces, which in practice forces you to carry an ID. In practice no, because after checking your ID the police has to have some serious complaint against you if they want more. What the police can now do in the US is much, much worse. I would not like to exchange systems.
Shocking News you might want to digest: National ID means freedom, here. Yes, it's counterintuitive.
Camera-covered? In theory yes, in practice 50% of all police cameras are in London, the rest is mostly in the capitals.
Socialist? How do you define socialist, by deficit spending compared to GDP or tax income? Or by number of people who get SNAP cards equivalents? I maintain that socialist is quantifiable. How much?
Gun controls? It's a myth. You can buy guns everywhere - you just have to fake some interest for hunting or sport shooting. It's only painful to take them across borders, for example by plane. The last major weapons control law in the strictest country (Italy) limited the number of rifles to 12 per person. How many weapons can you carry at the same time? Italy has nearly one million licenced hunters. One in sixty.
Hooliganism? It's a very, very local issue. Don't get me started on this or TV.
London and Paris "feel" like violent cities? How about real crime statistics instead of "feelings"? There is a different conception of public spaces here. And much more public space to begin with. Which brings me to
Dogging? LOL - do you really feel threathened by youngsters doing it in dark alleys or cars? It's not new at all, btw. I call it Liberty. Did you not just complain about police states? Who are they hurting? I have very fond memories of doing it with American or Canadian girls who really wondered why the police did not show up or why we did not get arrested if they passed by... {edit: the "new" "dogging" seems to involve a degree of "watch us while we do it" - this is the relatively "new" part}
Cashless? Please, while American ZH commenters of libertarian attitudes are all about theoretical "black markets" - here some local economies are nearly based on cash alone and no receipts. No, not only drugs, everything from plumbers to gardeners to loan sharks to vegetables to party services to household appliances to gold/silver...
Add rice Crispies and at least the little guys will give you some fun.
I think this could all be over rather quickly if we just handed out a few medals, certificates of completion, honorable mentions, etc. The money game is coming to an end.
verlassen seems to be the hardest word...
C'mon... This is just another excuse to bounce the market off of the 100 DMA once again. Nothing to worry about here...
Germany in full blown financial collapse. Insolvent Germany cant finish building new Berlin airport:
http://www.thelocal.de/national/20120513-42511.html
Nothing to worry about at all...
http://jalopnik.com/5866836/drunk-man-crashes-camaro-into-mobile-dui-che...
You're posting elliot wave for begginers type shit to the wrong crowd.
Let me sum up for the other posters so they don't waste their time and go read your bullshit:
"Emotional waves, people, money, resistence point, dow fucked. Inverse ETF. Get rich. Subscribe now."
Inconceivable !!!
Paul Krugman returning to sanity ??? And making simple, direct points in declarative sentences ???
Simply Inconceivable !!!
barliman
I can attest to your opinion of my writing, because I understand your narrative: You view any other with opposing views as like a debutante entering into a society; full of sophmoracy and with no wherewithal concerning direct understanding of narrative - a naivete, if you will. Yet your ad hominem attack discredits your opinion a priori - your idea is based on your own slanted view.
It may be true that along the way I have changed mindset from Europe's appreciation of its problems to disbelief that it may use policy proven wrong (during the '30s) to try and remedy the said all to real problems of credit, liquidity, and faith in their system - this, concerning Europe's affinity for flip-flopping for political points - but in no way was my viewpoint changed: Europe needs to end this ostentatious austerity, and form an economic union unbound of political rhetoric. What matters now is that Europe, primarily Germany, understands the ramificacions of ending their status quo. In the above (posted by Tyler Durden), I merely point out what could happen if these measures are not made.
Sounds more like George Will than Krugman.
George Will would not be capable of such satire, though.
Satire?
Disjointed rambling, egomaniacal tripe and rubbish.
Why are people voting the good Doctor down? I love you bitchez, but some of you appear incapable of getting a joke!
George's will, has been a little pasty of lately. Could it be latent paralysis? You know,... a kind of highly infectious amnesia brought about by a definitive, yet queer truncated, "Sine`qua non Syndrome"? The Shibboleth's Paradox?
Tut tut, dear Doctor;
There is no ad hominem attack upon you. The self-referencing mocking statement by my use of the word inconceivable as used in The Princess Bride has escaped your notice.
I did not think you had changed your viewpoint. I include this video link as proof of my intent.
http://www.youtube.com/watch?v=Yxiv3CBMS4M
barliman
As we watch the economic frisbee balance on a finger tip....
WOW, it has taken THIS LONG to figure this out????
The BEST and the Brightest Minds in the World, NOT!!!!
Get READY cause here it comes...........
Nemo
"Welcome to the party pal!"
Krugman is a buffoon
Don't hold your breath. These fucktards have an uncanny ability to dodge the bullet. One day, however, TSHTF.
Is this Banzai or is this real?
Burn it to the ground, Donnie.
Haven't GS and JPM been loading up on Italian and Spanish debt post the February Greek deal? Hold onto your hats folks...
Air hostess: Ladies and gentlemen we are going to crash land so please put your heads between your legs.
Passenger: Why should we do that?
Air hostess: So you can kiss your arse goodbye.
REALITY TV IS ABOUT TO MAKE ITS DEBUT IN THE WORLD OF ECONOMICS.
Double amputee passenger: I have no legs...can I put my head between YOUR legs??
If you have no Gold or Silver...you are assetless. You are not prepare for what is coming....Metals are you only lifeline....With that you will buy Food, barter, sell, buy...because things are going to get ugly, and fast. ....
And if you DO have gold and silver, but are lacking brass and lead, you will soon be assetless.
gunpowder and lead are obsolete.
directed energy is the name of the game.
Please mister,where can I get one ?
Dawg, my man!
How you doin'?
My latest escapade on the course. Yesterday 2 man best ball tournament, putt out, no gimmes, etc. You know, like a 12 is a 12, etc.
I had 11 pars.
And shot a 91.
LOL
God grant me the serenity....
:)
You using Jackie Gleason's clubs knukles???
Note to self: due to zh, I no longer know the proper spelling of either knukles or racoon...
Jump down the hole you flamin bitchez.
priceless!! :)
What's Dwight Shrute doing in there? Metaphor for mindless authority state?
Banzai, if Einstein ever became a graphic satirist...
Look what hotties in the lab just found...
Is that Spok's sister?
She's the German version of the captain and Tennille...
Agent 99?
I can't believe Krugman claims that shit as original and "I've known all along"....cunt
Nevertheless, markets will move north. Don't forget, Obama will be reelected and Bernank is doing God''s work....
Adiós Acropolis, Colosseum, Eiffel Tower, etc. etc.
“If Greece exits the Eurozone, other countries will also start falling like dominoes under the pressure of speculators...Greece might only represent 2% of the Eurozone’s GDP, which is surely too little. But if it exits the common currency, speculation will – after it will have engorged Athens – keep being hungry; it will affect Portugal, Spain and then Italy and France.”
ex-Italian PM Prodi (ex (?)- Goldman Sachs)
http://greece.greekreporter.com/2012/05/13/romano-prodi-france-and-germa...
The governments want to blame speculators if contagion happens, but this is merely people trying to protect their money large and small accounts alike
Ahhh....Romano Prodi.
Why on earth is that scumbag still alive is what everyone and their dog should be asking themselves.
Romano Prodi making predictions again....is he still using the ouija board which gave him the address where the rotting corpse of Aldo Moro was dumped by Prodi's buddies (CIA Italian Red Brigades)?
After the Eiffel tower was completed, some conman sold it (Three Times!) to iron scrap dealers!
They should blow it up and replace it with a modern high-rise. Section 8 welcome.
The true hypocrite is the one who ceases to perceive his deception, the one who lies with sincerity. ~André Gide
thats all Paul Krugman is, well that and a fool
Now playing on my ipod: Muse - Eurocalypse Please
If paul krugman is worried about greece abandoning the euro or leaving the EU in the next couple of months then most assuredly it wont happen
Climb that wall of worry for a rally in risk assets this summer
I hadn't seen that Economist cover before. It's bloody brilliant!
Can we break up the Euro after our summer vacation? with the airline travel being crowded and inflation from FED, had to buy the tickets in advance. Don't want this Euro disintegration pissing all over my vacation because it keeps me agitated during rest of the year :-), the wise readrs have probably guessed that the vacation in some way involves europe...
European Integration has always been a political dream, without the simultaneous solution of economic realities evident in all EU countries. The EU/English/American financial elite pushed ahead with it in the belief that Central banking would provide the necessary foundation for stability.
As such nothing has changed. The Financial powers are as committed as ever, to the present course of action even if it takes Europe over a cliff. There is no going back unless the German electorate demands a course change.
Akropolis Audiable!
(I am afraid there is no God only Hell for the Greece)
Well now that even the Economist is only months behind the info on ZH, it can't be long until there is a return to the retail sector (or but it is so....over bought) of the idea of gold and silver as the only real assets. Wait until the NYT comes out for the idea of AU before the collapse of fiat.
Yes there will be the digitsl currency idea floated as a last resort by the "elite" that have refused to acknowledge that fiat is dying, but they do so while buying Au thenselves ( of course THEY ave to be in before the masses).
The collapse of Europe and the final realization that AAPL, MSFT and all the other can't misses...start missing.
is there blood in the streets yet
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