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Sell Santorini to US and Greece may get them self another few month of money flow.
trichet is defaulting big with the printing press, bitchez
... 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
How? The US is also broke.
Broke, in denial and hitting the hopium pipe.
We're past broke.
Berlusconi hitting the hopium pipe again
... and how would the US pay for the island? Shipments of peanuts?
I don't like your tits, can you get another pair?
Agreed, the nipples are too dark.
With so many boobies online, you picked the nastiest pair.
They look like Hershey's kisses. Which is kind of cool.
Nonsense. Any are btter than none. Who doesn't like tits?
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!
REALITY IS ANYTHING YOU CAN GET AWAY WITH
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.
so are ICBM's (missiles for you post cold war kranks)
Greece is a scapegoat and when it defaults all problems will be blamed on it. It is relatively small in size, hence not TBTF.
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?
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.
yes, default big and let europe pick up the pieces and move forward with a manageable debtload! eureka!
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!
Did you mean union or unicorn?
I think they tried to unicorn everything.
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.
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.
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.
Do us a favor and short it, please!
The only entity with a "manageable debtload" of late is AAPL.
When Argentina is calling you out you know it's close the end.
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!
Speaking of Argentina...picked up that Modern Survival Manual a few days ago...interesting read. Worth the 20 beans.
Link please??, don't be coy(and selfish) because sharing is caring;)
Thanks... pretty grim.
“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."
A good quote but unless you are the origin, please quote in respect.
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
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.
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.
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...
You're right, the Cypriots & Turks are getting ready to disagree...
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
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.
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.
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.
he our she would be dead before night fall.
Say GS fudged their numbers without their knowledge
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.
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!
From the mouth of Babes...err...ex-CentralBanking thief/thug....
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