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"We're Going To Need A Bigger Flowchart": Presenting The Schematic Of Part 1 Of The European Endgame

Tyler Durden's picture


Still confused by the doomed endgame in the 21st century Greek tragedy? Have no fear: here is the BBC (which today is two out of two for useful information)with a flowchart of Greek endgame. With apologies to the optimists, who think there may be a happy ending here, here are the only 5 possible outcomes: 1) Pyrrhic Victory; 2) Depression; 3) Moral Hazard; 4) Political Turmoil and 5) Global Meltdown. In this context, it becomes all too obvious why stocks are surging...

From the BBC:

The "Troika" of lenders - the European Union, International Monetary
Fund and European Central Bank - say Greece must take more painful steps
to cut its borrowing.

But Greece faces riots and mass protests on the streets of Athens.

The government could lose its grip on parliament - only 155 of 300 MPs
backed the last round of austerity in June.

At stake is the next 8bn euro tranche of bailout money, which Greece
desperately needs to avoid total crisis.

Starting from the top, follow the decision tree to decide what happens

And visually:



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Mon, 09/26/2011 - 15:39 | 1712533 Gubbmint Cheese
Gubbmint Cheese's picture

"We gonna need more wax..."

Mon, 09/26/2011 - 15:41 | 1712545 Mec-sick-o
Mec-sick-o's picture

Petrol jelly...

Mon, 09/26/2011 - 15:46 | 1712585 shazbotz
shazbotz's picture


Mon, 09/26/2011 - 15:47 | 1712592 prains
prains's picture

billy glide

Mon, 09/26/2011 - 16:49 | 1712736 Habspurg
Habspurg's picture


Mon, 09/26/2011 - 20:10 | 1713383 Phil Free
Phil Free's picture

Is that when a billy club is used?


Mon, 09/26/2011 - 15:47 | 1712591 Deadpool
Deadpool's picture

KY when speaking of Greece, please.

Mon, 09/26/2011 - 20:12 | 1713388 Phil Free
Phil Free's picture

Kay.  Why?


Mon, 09/26/2011 - 15:48 | 1712603 CharlieSDT
CharlieSDT's picture

They left off the bottom part of the flowchart where we take gold bars to Greece and buy cheap vacation homes and pick up hot Greek girls for pennies on the dollar.

Mon, 09/26/2011 - 15:59 | 1712652 slewie the pi-rat
slewie the pi-rat's picture

(paste) "In this context, it becomes all too obvious why stocks are surging..."

L0L!!!  suuuure it does!

if tyler doesn't recognize rothschild bankster propaganda and false dichotomies when he sees them, via the BBC, don't blame slewie, ok?

at this point even tyler must see that either: the failures get "recapitalized again" by the goobermints & their people, so the NWO can cantinue to use them, until the next "systemic failure" to continue to plunder all non-fascist personal wealth

or:  they are "allowed" to F-A-I-L

we see from the BBC that this is only about greece~~~what a fuking joke!!!  some here knew way last SPRING greece was outa "good" choices, and needed to default and get it fuking over with 

Mon, 09/26/2011 - 16:09 | 1712700 SheepDog-One
SheepDog-One's picture

'It becomes all too obvious why stocks are surging'

Well of course! Got to have SOME rumor to support surging stocks today!

Mon, 09/26/2011 - 15:41 | 1712544 boom goes the d...
boom goes the dynamite's picture

Somebody please light this fucking fuse already and let's go.

Mon, 09/26/2011 - 15:43 | 1712561 CapitalistRock
CapitalistRock's picture

The fuse was lit whe the euro was created.

Mon, 09/26/2011 - 15:46 | 1712588 achmachat
achmachat's picture

No. The fuse was lit when the greeks LIED about their finances to join the Euro.

Mon, 09/26/2011 - 15:48 | 1712595 narapoiddyslexia
narapoiddyslexia's picture

And the lie was facilitated by Goldman Sachs...

Mon, 09/26/2011 - 15:48 | 1712598 Deadpool
Deadpool's picture

NO No, when Goldman went in and sold them CDOs.

Mon, 09/26/2011 - 16:10 | 1712712 Socrate
Socrate's picture

No. The fuse was lit when the EU closed its eyes for greek's lies about their finances and let them join the €.

Mon, 09/26/2011 - 16:28 | 1712773 Thisson
Thisson's picture

No, the fuse was lit when they started accepting bankster FIATs instead of sound money.

Mon, 09/26/2011 - 16:31 | 1712784 WonderDawg
WonderDawg's picture

CR's right, the Euro was doomed to fail from the beginning. It was a bull market creation, fostered by rising worldwide optimism. We're in a bear market now, and the prevailing winds have shifted. Declining optimism will devolve into outright pessimism. Hope is turning to doubt, which turns to fear, which turns to panic. Previous disputes, buried during the bull market feelings of goodwill, will rise again to the surface. The Euro is in the terminal stages. Fractures are growing, implosion is imminent.

Mon, 09/26/2011 - 23:17 | 1713739 Clearly_Irrational
Clearly_Irrational's picture

CapitalistRock is correct, the Euro design was flawed from the beginning.  Greece's financial mis-representation just brought about the end more swiftly.

Mon, 09/26/2011 - 15:44 | 1712580 s2man
s2man's picture

yeah, the slow motion death is killing me.

Mon, 09/26/2011 - 15:50 | 1712613 tekhneek
tekhneek's picture

Be careful what you wish for.

Mon, 09/26/2011 - 16:22 | 1712751 AbelCatalyst
AbelCatalyst's picture

I agree!  I believe endgame #1, #2, #3, and #4 all lead to #5 (it just takes a little longer to get there)?  

Mon, 09/26/2011 - 15:41 | 1712547 the not so migh...
the not so mighty maximiza's picture


Mon, 09/26/2011 - 15:42 | 1712549 Josh Randall
Josh Randall's picture

Speaking of big flowcharts, I've got one for ya ECB...

Mon, 09/26/2011 - 15:42 | 1712554 Forgiven
Forgiven's picture

Proposed name change:  The European Union - shortened to Euron...short, sweet, accurate.

Mon, 09/26/2011 - 15:43 | 1712571 Tyler Durden
Tyler Durden's picture

+ Chewco

Tue, 09/27/2011 - 02:31 | 1713918 Tapeworm
Tapeworm's picture

Back in the last decade of 1998 or thereabouts the once serious site of Kitco's board discussed the derivatives that allowed the PIIGS to get into the Euro. It was not at all a big secret back then.

 I still have a winning bet from thirteen years ago with a lady that is numero uno in "human resources" for a very large private company that the Euro zone would do just what it is doing. She has unlimited faith in pols and cannot imagine that they are simple maggots that work for the plunderbund.

 We will see.

Mon, 09/26/2011 - 15:42 | 1712559 Ancona
Ancona's picture

I vote for riots. You 'gotta love that riot dog!

Mon, 09/26/2011 - 15:46 | 1712586 baby_BLYTHE
baby_BLYTHE's picture


Mon, 09/26/2011 - 15:50 | 1712612 Josh Randall
Josh Randall's picture

Riot Dog is the Honey Badger of our time

Mon, 09/26/2011 - 15:43 | 1712566 Things that go bump
Things that go bump's picture

I'll take moral hazard for 200, Alex.

Mon, 09/26/2011 - 16:08 | 1712697 lapedochild
lapedochild's picture

Me too. I can not imahine IMF not dispensing the $. They would thereby trigger a default

Mon, 09/26/2011 - 15:46 | 1712568's picture

Ooops sorry about the double post

Mon, 09/26/2011 - 15:44 | 1712575's picture

"No need for you people in the US to worry about Europe"  ---Adolph Hitler

Mon, 09/26/2011 - 15:46 | 1712584 baby_BLYTHE
baby_BLYTHE's picture

he was correct. It was totally unnessary for the US to get involved at all in that conflict.

Mon, 09/26/2011 - 15:51 | 1712616 prains
prains's picture

he was correct. It was totally unnessary for the US to get involved at all in that conflict.


only if you thought having half the world run by a psychopath was cool.

Oh, sorry i forgot, you probably voted for dickie c and his amazing human sacrifice machine as well. because that was cool too?

Mon, 09/26/2011 - 15:59 | 1712648 Peter K
Peter K's picture

Yea, but the end result of the US getting involved was that half the world ended up being run by a psychopath. Uncle Joe anyone?

Mon, 09/26/2011 - 16:20 | 1712745 prains
prains's picture

Yea, but the end result of the US getting involved was that half the world ended up being run by a psychopath. Uncle Joe anyone?


by that logic then, stalin would not have had the same result with the US not being involved.( this is terribly boring and i apologize for this) but your history is wacked. Stalingrad had already been recaptured,the sixth army gone, and the nazis in full retreat before any allied forces landed in normandy. meaning, stalin was doing what he did best and was going to take berlin without US involvement (other than "lend/lease".) remember it was the americans who capitulated to stalins territorial demands, churchill wanted to kick his ass, but was overuled by guess who.

yawn, i know

Mon, 09/26/2011 - 16:29 | 1712783 Peter K
Peter K's picture

Lend lease. Exacly. As to my history, it's just fine. But thanks for asking:)

Mon, 09/26/2011 - 19:16 | 1713233 prains
prains's picture


Lend lease. Exacly. As to my history, it's just fine. But thanks for asking:


takes blood to win a war, not cans of spam and vehicles that won't run in mud

Tue, 09/27/2011 - 04:57 | 1713961 zhandax
zhandax's picture

only if you thought having half the world run by a psychopath was cool.

You prefer the 21st century version where a collusion of psychopaths run the world?  There is no turning back the clock....we are where we are and have to proceed from the point where we now find ourselves.  That promises to be a bumpy landing.

Mon, 09/26/2011 - 16:43 | 1712852 NotApplicable
NotApplicable's picture

Every single actor you mention was funded by Wall St.* Have you not heard of the oldest trick in the book?

"Let's you and him fight!"

Once you realize this is all contrived, those 'capitulations' lose all meaning.


*See Conjuring Hitler for details

Mon, 09/26/2011 - 16:06 | 1712685 Absalon
Absalon's picture

Technically, Nazi Germany declared war on the United States.

Mon, 09/26/2011 - 19:55 | 1713341 Phil Free
Phil Free's picture

Yes;  Hitler's Germany declared war on the 'neutral' U.S. on December 11, 1941.


Mon, 09/26/2011 - 16:13 | 1712723 the not so migh...
the not so mighty maximiza's picture

Baby is right; 1 year after the Federal Reserve was established we started to have world wars.  They were all orchestrated for profit.

Mon, 09/26/2011 - 16:34 | 1712806 Peter K
Peter K's picture

I'm not sure there is a causal relationship between the creation of the Fed and WWII, but there definately is one between the US entering WWII and the US coming out of the great depression.

Mon, 09/26/2011 - 18:49 | 1713168 BigJim
BigJim's picture

No, there's definitely a link between the US finishing WWII and the US coming out of the great depression.

Unless, of course, you're one of those dweebs who defines 'depression' in terms of +ve or -ve GDP.

Tue, 09/27/2011 - 02:05 | 1713897 Freddie
Freddie's picture

1919 - when did the allies (of Morgan/Rothschild) start squeezing the Germans for reparations?  Did these eventually lead to hyperinflation?

Mon, 09/26/2011 - 23:20 | 1713743 Clearly_Irrational
Clearly_Irrational's picture

Well, the main difference would have been that the cold war would have involved us and the Fascists instead of us and Communists.  Since the Fascists were more efficient I'm not sure we would have liked the end result as well.

Mon, 09/26/2011 - 15:48 | 1712596 PulauHantu29
PulauHantu29's picture

Paper money looks worse all the time.

$1 Trillion to start with to bail out Greece....then another Trill for Italy and Portugal.

Deep Depression coming imho as your article states.


Mon, 09/26/2011 - 15:48 | 1712597 Oh regional Indian
Oh regional Indian's picture

So the meme is firmly in place now. The EU is doomed/already collapsed/collapsing at light speed, or faster, if CERN has Dis-Cerned it correctly.

What the hell is the left hand doing? What's happening under the 24X7 media blare on the EU and Europe in general. Something in Libya perhaps? Or South America. Dilma? Where is the name BAnco Santandar amongst the egrigiously leveraged?

I sense a twist in the tail (yes yes!!!) coming SHORTLY to a market near you.


Weird World 

Mon, 09/26/2011 - 15:48 | 1712600 falak pema
falak pema's picture

its not Europe, its world capitalism.

Mon, 09/26/2011 - 18:50 | 1713173 BigJim
BigJim's picture

I thought you were too smart to conflate 'capitalism' with the financial oligarchism that is our current system.

Mon, 09/26/2011 - 15:48 | 1712602 beaker
beaker's picture

Say, this may be off topic, but look at US/Z1 - did we just have an exhaustion gap, outside reversal, gap down TOP????  Friday could have been the blow-off hi in bonds.  If so, either stocks will wilt at the thought of higher rates, or money will flow/rebalance into an oversold, bull-scarce stock market. 

Mon, 09/26/2011 - 15:52 | 1712619 Peter K
Peter K's picture

I can't believe your thinking about trading at a time like this:)

Mon, 09/26/2011 - 15:49 | 1712605 Zonker
Zonker's picture

Just heard that Zero Hedge was voted the "TMZ" of the financial world!  Where's Brittany Bitchez!  lol

Mon, 09/26/2011 - 16:28 | 1712772 Troll Magnet
Troll Magnet's picture

Forget Britneys of the world. Zero Hedge is more Scarlett Johansson!
A-list, bitchez!

Mon, 09/26/2011 - 15:49 | 1712607 TradingJoe
TradingJoe's picture

Nice! Dj 11020 S&P 1160 ans so forth!

Germans would be nuts, totally, to go woth this "plan", if they do, it's all over, for all Europe! Senior Debt holders would "own" Europe said one poster, well think you want to "own" a place ON FIRE!?

Mon, 09/26/2011 - 15:53 | 1712626 Trillax
Trillax's picture

Put DJIA 11,000 in, put DJIA 11,000 out, do the hokey pokey and Operation Twist about..

Mon, 09/26/2011 - 15:49 | 1712611 ZeroPoint
ZeroPoint's picture


Mon, 09/26/2011 - 15:55 | 1712630 Peter K
Peter K's picture

How right you are. At the base level, what we are witnessing here is the collapse of the Western Socialist Nanny State. And just like Gorbi uttered those words made immortal by Roberto Duran, i.e. "No Mas" back in 1985, the time has come for Angie to take the podium in 5,4,3.........

Mon, 09/26/2011 - 16:01 | 1712656 SheepDog-One
SheepDog-One's picture

I'll just laugh when Merkel comes out yet again and says 'No Germany is not backing bailing out Europe'.

Mon, 09/26/2011 - 15:55 | 1712632 monopoly
monopoly's picture

I like that one Tyler, but I still think the best one is from our own site. An insightful member posted:

"We are going to need a bigger bowl of popcorn".


Mon, 09/26/2011 - 16:07 | 1712690 Grimbert
Grimbert's picture

We're going to need a wheelbarrow

Mon, 09/26/2011 - 15:56 | 1712636 reader2010
reader2010's picture

Panic recommended a couple years ago already.

Mon, 09/26/2011 - 16:24 | 1712746 Grimbert
Grimbert's picture

I would recommend you panic



Mon, 09/26/2011 - 15:56 | 1712637 monopoly
monopoly's picture

So, up 260 today, down 300 tomorrow? What a wreck this market is.

Mon, 09/26/2011 - 15:58 | 1712642 centerline
centerline's picture

They forgot the option wherein Greece stays on current path, gets additional funding, but further austerity leads back to the political turmoil ending.  Hell, I think the political turmoil ending is looped in some fashion to the global meltdown ending.

Mon, 09/26/2011 - 15:58 | 1712646 fdisk
fdisk's picture

+ 277

Mon, 09/26/2011 - 16:02 | 1712659 agent default
agent default's picture

I don't agree with the Pyrrhic Victory branch.  There will be revolution before it get anywhere near that.

Mon, 09/26/2011 - 16:04 | 1712673 Lord Welligton
Lord Welligton's picture

And not one of the outcomes is good.

Truth is.

The only outcome here is a lot of pain.

This EFSF leverage idea is insanity beyond the usual.

Mon, 09/26/2011 - 16:06 | 1712681 fdisk
fdisk's picture

"This EFSF leverage idea is insanity beyond the usual"

I'd say not the leverage but the size is laughable, 480 billion?

Greece alone have about 680+ billion in debt.. They need 2 Trillion

at least

Mon, 09/26/2011 - 16:10 | 1712706 Lord Welligton
Lord Welligton's picture

Didn't make myself clear there.

I mean't leveraging the €480bn to €2tn.

Of course the €480bn has not even been committed yet.

Mon, 09/26/2011 - 16:24 | 1712742 Peter K
Peter K's picture

There's a great scene in the first Dirty Harry movie. Harry goes into a church and ends up blowing away a revolutionary priest who was trying to kill him. The priest is lying on the church floor in a pool of blood and Harry say's : your a priest. Why did you do things like this. And the priest answers: "sacrifices have to be made, Mister". And the people who will have to decide whether they make the sacrifice are the same folks that gave the world the term Faustian Pact:) Yes me Lord, you can't make this stuff up!

Mon, 09/26/2011 - 16:06 | 1712686 SheepDog-One
SheepDog-One's picture

'Leveraging up leverage'....JUST what they promised us a couple years ago they saw the error of their ways from and really learned their lesson this time and certainly would NEVER do it again, we promise if you just hand over the blank check book or else tanks will be in the streets within 24 hours'

Hank Paulson.

Mon, 09/26/2011 - 16:07 | 1712691 vachon
vachon's picture

Tobacco, coffee and Hersheys.

Mon, 09/26/2011 - 16:31 | 1712797 Troll Magnet
Troll Magnet's picture

lots of weed, scotch and cheetos! and snapple. peach, of course.

Mon, 09/26/2011 - 16:08 | 1712692 Racer
Racer's picture

Banksters can offload their junk at 1000s of percent of their value to taxpayers, stocks surge in anticipation of junk buyers ready  to fill their boots with cement

Mon, 09/26/2011 - 16:09 | 1712696 Peak Everything
Peak Everything's picture

Ummm... How about the Greek people wake up, realize they have been living beyond their means, and voluntarily reduce their lifestyles to match their incomes. Thus setting an example for the rest of the world to follow in short order.

Mon, 09/26/2011 - 16:16 | 1712728 Lord Welligton
Lord Welligton's picture

They can only do that outside the Eruo.

Mon, 09/26/2011 - 20:22 | 1713410 Phil Free
Phil Free's picture


Mon, 09/26/2011 - 16:18 | 1712739 Ghordius
Ghordius's picture

Did you watch Sparta too many times?

Mon, 09/26/2011 - 20:23 | 1713418 Phil Free
Phil Free's picture

That'll happen.  Right away.  Real soon, now.  No, really!


Did ... I just see a pig go by outside my window?

Mon, 09/26/2011 - 16:25 | 1712766 Thisson
Thisson's picture

I'd like to place my wager on "MORAL HAZARD" please.  Thanks!


Mon, 09/26/2011 - 16:30 | 1712788 Grimbert
Grimbert's picture

Tyler, can we have an online poll? I vote for Moral Hazard too.

Mon, 09/26/2011 - 16:34 | 1712790 slewie the pi-rat
slewie the pi-rat's picture

there is so much bullshit on this string

from the usual suspects, too!

certain public political legal structures and corporate (private gooberment) legal structures are insolvent and cannot, apparently, get solvent under the C Banksterism lies of our "post-modern" world even when entire nations' wealth is put at their more-or-less personal disposal

so, they need to fail and get liquidated, and try to start over, if anyone is interested in backing the same psychos, again, with fresh "start-up" capital for their corpo-fascist little "rip-off" scams and "military-industrial" patently lawless and ongoing aggressions

if the peoples of the world wake up to their own self-interest, here, and are able to avoid the constant barrage of propaganda & false dichotomies, THEY will be lighting the fuse by political consensus

Commander Cody, Jerry Garcia, Elvis Costello, Sammy Hagar - YouTube  [riot in cellblock # 9]

this isn't too complex, really;  but there is so much bullshit flying here and elsewhere as to make it difficult for folks to stay focused and simple:


this isn't about 'your' investments or bets, currencies, RE, peak oil, or jesus, astrology, social security, or historic myth or turnings, people.  it is about liquidating economic failure ww.mistakes.con and getting on with renewed economic life and honest efforts and guidelines, and people

if you can appreciate that FACT and see how damned near everything "we" are getting from all sources seeks to confuse and bewilder those who do not hold onto the Real, by the most successful criminal cabals in the history of the planet, you'll not go totally insane, here, like those who can not understand what has been right in front of them for several years, now......

Mon, 09/26/2011 - 16:42 | 1712846 PhattyBuoy
PhattyBuoy's picture

We are ALL "dancing with the stars" now ...

Fair sailing slewie!

Mon, 09/26/2011 - 16:41 | 1712842 mynhair
mynhair's picture

6) Clone LIESman.

Mon, 09/26/2011 - 16:46 | 1712865 NotApplicable
NotApplicable's picture

Bigger flowchart? It's a friggin' fractal!

Debt begets debt begets debt begets debt begets debt begets debt begets debt...

Mon, 09/26/2011 - 23:12 | 1713733 johansen
johansen's picture

Am I the only one who read the title as "We're Going To Need A Bigger Flamethrower" ?

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