'Totally Ridiculous' Greece Should Default Big Or Go Home

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Tue, 09/13/2011 - 12:21 | 1664008 PicassoInActions
PicassoInActions's picture

Sell Santorini to US and Greece may get them self another few month of money flow.

Tue, 09/13/2011 - 12:30 | 1664044 spiral_eyes
spiral_eyes's picture

trichet is defaulting big with the printing press, bitchez

Tue, 09/13/2011 - 15:05 | 1664751 mac768
mac768's picture

... at last someone who has an IDEA about how to solve a sov debt crisis

more than Trichet with his sermon about "inflation expectations have to be anchored"

it is just a mess

Tue, 09/13/2011 - 12:42 | 1664085 agent default
agent default's picture

How? The US is also broke.

Tue, 09/13/2011 - 13:49 | 1664407 Cash_is_Trash
Cash_is_Trash's picture

Broke, in denial and hitting the hopium pipe.

We're past broke.

Tue, 09/13/2011 - 13:16 | 1664271 He_Who Carried ...
He_Who Carried The Sun's picture

... and how would the US pay for the island? Shipments of peanuts?

Tue, 09/13/2011 - 13:41 | 1664380 frippy
frippy's picture

I don't like your tits, can you get another pair?

Tue, 09/13/2011 - 13:51 | 1664416 Cash_is_Trash
Cash_is_Trash's picture

Agreed, the nipples are too dark.

With so many boobies online, you picked the nastiest pair.

Paging Pladizow!

Tue, 09/13/2011 - 13:59 | 1664443 Buckaroo Banzai
Buckaroo Banzai's picture

They look like Hershey's kisses. Which is kind of cool.

Tue, 09/13/2011 - 15:20 | 1664850 NoTTD
NoTTD's picture

Nonsense.  Any are btter than none.  Who doesn't like tits?

Tue, 09/13/2011 - 15:43 | 1664978 prains
prains's picture

McOuzo

Tue, 09/13/2011 - 12:21 | 1664013 SheepDog-One
SheepDog-One's picture

They just simply REFUSE to let any bit of reality enter anything today...this ends in world war, theyre just delaying it a bit.

And Im sick of this constant world focus on Greece, which is less than any 1 STATES bankruptcy problems in the US!

Tue, 09/13/2011 - 12:29 | 1664037 vast-dom
vast-dom's picture

REALITY IS ANYTHING YOU CAN GET AWAY WITH

Tue, 09/13/2011 - 12:53 | 1664143 j0nx
j0nx's picture

Indeed. So true. As long as they and the MSM keep telling the country it's the truth then the country seems to be believing them. It works until it doesn't I suppose.

Tue, 09/13/2011 - 12:59 | 1664166 john39
john39's picture

newspeak bitchez...

Tue, 09/13/2011 - 15:45 | 1664989 prains
prains's picture

so are ICBM's   (missiles for you post cold war kranks)

Tue, 09/13/2011 - 12:33 | 1664060 BorisTheBlade
BorisTheBlade's picture

Greece is a scapegoat and when it defaults all problems will be blamed on it. It is relatively small in size, hence not TBTF.

Tue, 09/13/2011 - 13:04 | 1664192 Popo
Popo's picture

EXACTLY.  How is it possible that markets aren't shitting the bed *right now* after words like that.

The mere potential for a Greek default has been giving markets the jitters -- and now their leadership says "Greece should default BIG" and markets are magically not crapping themselves? 

 

Tue, 09/13/2011 - 13:20 | 1664295 Freddie
Freddie's picture

rgentina is no poster boy or girl.  They have looted the populace for 60 years under Peronists. 

Hey Tyler can you stop running this "Travis Smiley Reports" "Too Important to Fail" on PBS about young black men failing in high school.  I don't need a black documentary director trying to give me more Obamesque White guilt.  Cut off welfare so these dropouts are not created in 3-D.

Tue, 09/13/2011 - 12:22 | 1664014 oogs66
oogs66's picture

yes, default big and let europe pick up the pieces and move forward with a manageable debtload!  eureka!

Tue, 09/13/2011 - 12:25 | 1664023 SheepDog-One
SheepDog-One's picture

Of course their problem is theyve so interconnected everything, 1 failure anywhere sends it all down like dominoes! They CANT have it both ways! 'Union' everything, but not so much union when theres a problem...either they are a union or theyre not!

Tue, 09/13/2011 - 12:31 | 1664049 pods
pods's picture

Did you mean union or unicorn?

I think they tried to unicorn everything.

:)

pods

Tue, 09/13/2011 - 12:42 | 1664082 Smiddywesson
Smiddywesson's picture

Chaining all the lifeboats together in a storm seemed like a good idea, until some began to sink.

They know they can't fix this, otherwise they wouldn't be buying gold.  Everything being done is just stalling to buy more gold.

Tue, 09/13/2011 - 13:31 | 1664333 zapdude
zapdude's picture

Dude, your comments are always spot-on and wise (and several other posters / contributors too, like Sheep Dog One and Long John Silver). 

I will now subscribe to your posts, I'm a fan.

Tue, 09/13/2011 - 13:42 | 1664385 theotheri
theotheri's picture

I just fell off my chair laughing at your ridiculous gold comment! Good stuff!

No, no, gold is moving back down to <$1000/oz, it's true economic value. Gold is the ultimate bubble of course, bound to unwind quite soon, likely when the sovereign defaults commence.

Safety is not gold...in fact gold is the opposite. Safety is US treasuries, productive land and stable income producing assets.

Tue, 09/13/2011 - 14:04 | 1664461 Roger Knights
Roger Knights's picture

Do us a favor and short it, please!

Tue, 09/13/2011 - 12:49 | 1664129 mayhem_korner
mayhem_korner's picture

The only entity with a "manageable debtload" of late is AAPL.

Tue, 09/13/2011 - 12:23 | 1664020 GeneMarchbanks
GeneMarchbanks's picture

When Argentina is calling you out you know it's close the end.

Tue, 09/13/2011 - 12:26 | 1664029 SheepDog-One
SheepDog-One's picture

Near the end, but never actually the end, just sick of it. Sure we're bankrupt and maybe there will be a problem tomorrow, but not today my son....not today!

Tue, 09/13/2011 - 12:58 | 1664163 UpAndComing
UpAndComing's picture

Speaking of Argentina...picked up that Modern Survival Manual a few days ago...interesting read. Worth the 20 beans.

Tue, 09/13/2011 - 13:02 | 1664175 GeneMarchbanks
GeneMarchbanks's picture

Link please??, don't be coy(and selfish) because sharing is caring;)

Tue, 09/13/2011 - 13:14 | 1664260 GeneMarchbanks
GeneMarchbanks's picture

Thanks... pretty grim.

Tue, 09/13/2011 - 12:25 | 1664024 somethingisrotten
somethingisrotten's picture

“In this world of pretenders, of deception and deceit, have I
come to find the one man who knows the reality of what he is
and the truth of what he aspires to be."

Tue, 09/13/2011 - 12:38 | 1664073 Debt-Penitent
Debt-Penitent's picture

A good quote but unless you are the origin, please quote in respect.

Tue, 09/13/2011 - 12:42 | 1664089 Deadpool
Deadpool's picture

Words and music by Buck Ram -- Platters/Freddie Mercury

Oh yes I'm the great pretender (ooh ooh)
Pretending I'm doing well (ooh ooh)
My need is such I pretend too much
I'm lonely but no one can tell

Oh yes I'm the great pretender (ooh ooh)
Adrift in a world of my own (ooh ooh)
I play the game but to my real shame
You've left me to dream all alone

Too real is this feeling of make believe
Too real when I feel what my heart can't conceal

Ooh Ooh yes I'm the great pretender (ooh ooh)
Just laughing and gay like a clown (ooh ooh)
I seem to be what I'm not (you see)
I'm wearing my heart like a crown
Pretending that you're still around

Yeah ooh hoo
Too real when I feel what my heart can't conceal

Oh yes I'm the great pretender
Just laughing and gay like a clown (ooh ooh)
I seem to be what I'm not you see
I'm wearing my heart like a crown
Pretending that you're
Pretending that you're still around

Tue, 09/13/2011 - 15:49 | 1665003 prains
prains's picture

ricky bobby??????

Tue, 09/13/2011 - 12:25 | 1664025 centerline
centerline's picture

Wait. I thought that debts don't matter. That the cure for debt problems is lots more debt. That in times of dropping private demand for debt it is governments responsibility to take on even greater debt. You know, grow or die.

/sarc

Tue, 09/13/2011 - 12:28 | 1664035 wharfdaddy
wharfdaddy's picture

Paradise Beach on Mykynos ought to keep the Chinese happy for a few days..Sure kept me amused but then again I do enjoy anyplace in the world where only the pervs wear clothes.

Tue, 09/13/2011 - 12:39 | 1664050 Deadpool
Deadpool's picture

Cyprus must be shaking in it's collective boots right about now. Turkey military/economy on the rise; Greek on the death spiral. Old scores to settle. just add water...

Tue, 09/13/2011 - 14:10 | 1664477 Jacks Cold Sweat
Jacks Cold Sweat's picture

OOOOOOOOOOOOOOOOOOOOM ........Cyprus frankly doesnt give a rats ass about Erdogan's barkings because Israel will do the drilling with them, and Israel will nuke the shit out of Turkey if they hit the pedal to the metal . Erdogan is living Vivere pericolosamente 


Tue, 09/13/2011 - 12:31 | 1664051 Version 7
Version 7's picture

They keep missing the chance to enable Greece to default in an orderly manner, thereby making a chaotic default the only outcome possible. Ultimately, it's what's gonna happen.

Tue, 09/13/2011 - 12:48 | 1664128 Smiddywesson
Smiddywesson's picture

That applies equally well to the entire world system.  It cannot be fixed and is unsustainable.  When TPTB are threatened, they will just change the rules of money and announce it is fixed.  Until then, they are going to kick the can.

Tue, 09/13/2011 - 12:33 | 1664059 pods
pods's picture

Some Greek official should go on TV with Louk and tell the world to fuck off cause they ain't payin!

Say GS fudged their numbers without their knowledge to get into the EU and they can all go to hell.

Then things will get interesting.

pods

Tue, 09/13/2011 - 12:40 | 1664078 Deadpool
Deadpool's picture

he our she would be dead before night fall.

Tue, 09/13/2011 - 14:31 | 1664567 walküre
walküre's picture

Say GS fudged their numbers without their knowledge

Yeah, that would be really and totally believable.

The Greeks fucked themselves when they cheated. GS enabled them to do it.

Enron wasn't able to hide behind Arthur Andersen either.

Greek common people had no knowledge, their political class and banking elite did.

Tue, 09/13/2011 - 17:12 | 1665267 edotabin
edotabin's picture

When people are out for blood, logic is out the window.  They will not bother to analyze and it is easy to misdirect.

No Greek will ever admit that about 50% of the population slowly bled the country dry over a period of 30 years (with great help from crooked politicians in bed with bankers of course)

They are already trying to blame the problems on tax evasion in an effort to turn the people against each other.

 

Run Gpap, RUN!

 

Tue, 09/13/2011 - 12:42 | 1664086 Josh Randall
Josh Randall's picture

From the mouth of Babes...err...ex-CentralBanking thief/thug....

Do NOT follow this link or you will be banned from the site!