Time To Schedule The Next Summit?

Tyler Durden's picture

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HD's picture

If they have the next summit at Chucky Cheese - at least they will get some free game tokens...

paarsons's picture

Let's face it.

It's all bullshit.

We're waiting for the employment numbers.

I'm guessing a drop of 0.1 percent due to people falling out of the work force.

The books are cooked.

But what's a boy to do?

http://fucklloydblankfein.blogspot.com

HD's picture

"It's all bullshit"

Agreed. However, once the bull starts to starve - the shit stops.

Ancona's picture

Can't they just eat cake? Well.....OK......baklava...

Mike2756's picture

Mit champale for the socialists.

Hard1's picture

All the "leaders" should live in a summit.  Just lock them up an transmit in closed circuit to themselves whatever they say á la Floyd's Final cut.  You can invite a couple of equally well managed african countries and give them the appropriate name of Fucking Pigs

France

Usa

Cambodia

Kenya

Italy

Greece

 

Portugal

Ireland

Greece (again or Germany)

Spain

Dealer's picture

default or print, bitchez

cossack55's picture

But can-kicking allows the corrupt and buffoonish gum-flappers on CNBS to remain employed and having MF Global scum on to offer good deals.

TooBearish's picture

HA! Ty just conflicted previous headline - EUROLAND= dazed and confuzzled

Stax Edwards's picture

I noticed that also but the previous post is claimed by TD and this one by PT

Melin's picture

your glee at what you erroneously perceive to be a mistake on Tyler's part is quite telling.

Messianic's picture

Europe needs more McRibs and IPads

tim73's picture

Meanwhile, American politicians just print more money and hope for Tinkerbell to solve everything. British politicians pretend there is no crisis, the island defenses are all ok except there is none and print also more money. Chinese politicians just order 25 million more washing machines and pretend there is no crisis.

Boilermaker's picture

Futures down almost 1/3%!

Clowns on Acid's picture

Not exactly conflicting headlines....but more importantly...

EU's Barroso says "Financial markets are overpricing risk". Senor Barroso please call Jon Corzine in regard to pricing of European Sovereign risk you feckin' retard.

 

gravitas's picture

Resolve = They're working toward a 'plan'

Hooray!!!

edmondantes's picture

I fail to understand how defaulting and remaining in the Euro is the best outcome for Greece.  It would be the worst of both worlds.  Having defaulted it is only by leaving the Euro that they will have them the freedom to rebuild their economy which has become a debtor's prison in which German industry and banks have picked off every last remaining morsel and sucked dry.  They need to return all local factors of production to local prices... the right very low price for banana republic labour, low budget tourism and very cheap very basic low grade manufacturing. 

If they default they have to leave the Euro.

tim73's picture

It does not work like that. Most businesses today import a lot of stuff from abroad, maybe 50-70 percent of the total value of their products. So any local currency devaluation will crash your domestic demand, the most important demand for most, thanks to prices rising in local currency.

Tourism is only 19 percent of GDP in Greece so it will not compensate enough when the domestic demand crashes. You might expand in the export sector but in most cases the price advantage is not so great (less than ten percent in case of 70 percent of components imported for 30 percent devaluation) and disappear soon.

hollowbody's picture

Remember these letters... S....D....R

ziggy59's picture

Resolve... It's a carpet cleaner, which they need lots of for all the shit they have been sweeping under the giant rug for years.

Sudden Debt's picture

 

 

YEAH!

THE FOOD WAS GREAT!

THE HOOKERS REALLY SUCKED, SO THAT WAS GREAT!

AND THE ENTERTAINMENT WAS SUPER!

SEE YOU'LL NEXT TIME IF YOU SURVIVE THE ELECTIOSN BRO'S AND HO'S!

 

sbenard's picture

Ie., blah, blah, blah!

Sudden Debt's picture

Only If we get 10 billion!