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Xtranormal Explains The European Non-Bailout Best - With A Cartoon
While it is not the bears doing the explaining in this latest all too realistic summary of the European non-bailout, it is the next best thing.
Souce: Guardian
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LOL Hasn't this summary been out in various predictions for months?
If she doesn't have a pH Dee in Economics from an accredited university (Princeton, or London School of Economics) then she has no credibility. /s
I guess in the new Alien movies, instead of having us fight them with fighter jets, the story will have them being petitioned to bail out bankrupts ntations by buying their Bonds. Wonder if the aliens terms will include not labelling them currency manipulators.
I have been praying for someone to come out with a cartoon to explain all this Euro bailout shit to the sheeple for days now. The ending of this priceless brilliant masterpiece is absolutely epic.
Thank You God.
Paul Krugman was right, we do need space aliens, both for an invasion and to lend as money so we can afford to finance the war on aliens.
@ Michael,
+1
Yes, this xtranormal very nicely explained the latest from Europe. I feel the same as you re Europe and the sheeple. The kettle is about to explode.
Strannick: Maybe another Men In Black movie???!!! YEAY!
Da Bears, please, bring back Da Bears.
What's truly scary is that this could lead to war.
Europeans have been killing each other forever. And the rest of the world always gets dragged into their lunacy.
But what the fuck do I know?
http://fucklloydblankfein.blogspot.com
Go tell the Mongols.
Perhaps killing each other is not a strictly European trait.
They don't have to kill each other anymore. They have more sophisticated ways of stealing.
Da Bears, please, bring back Da Bears.
Get on that SGS.
In the meantime..
WATCH: Sprott On Silver Shortage
Consultants for and officials from Sovereign Bank testified that NGE used some of the collateral pledged to the bank for $35 million in loans to obtain loans from other entities and co-mingled assets with Gainesville Coins, which operates in the same office and is affiliated with Mark Yaffe and Alan Yaffe, owners of NGE.
http://blog.jtcoins.com/tag/chapter-11
Working on Bears 8, not to worry.
I thought the bears would be hiding in shame after they told everyone to buy $38 silver when they could've got it for $26 a month later...!
or $15 if you wait til after the crash.
sold some at $30 (bought at $11) will buy back at half price.
holding generic rounds made me too nervous.
Hide Your Liberty Dollars, Secret Service Is Coming To Confiscate ...
doubt it, I think $26 was the low; if not I very much doubt it will go down much further - not under 23, I really don't see it
I prefer the bears although after a couple of Johnny walkers that dark chick might be worth rubbing one off to.
Here's a bear...
Simon Johnson address in Reykjavik, Friday. ~16 min.
http://visir.is/section/MEDIA99&fileid=CLP7055
ru Reichsministerium für Volksaufklärung und Propaganda tyler
i
Honestly ??
That is pretty poor.
It's far worse than that and far more ironic.
Couldn't they get someone who really understands the EU bailout to script the animation ???
I bet you never had a Pet Rock.
feel free to upload your own.
Awesome!
Can we sell houses to the aliens?
You have been as Fanny, Freddie, Ginnie and Barnie Frankskie have never had their feet on Planet Earth at any point in their history ...they all come from Uranus, a planet in the imploding solar system called the US Govt
There goes the neighborhood.
Foreigners. They are already talking about giving free passes to foreigners who bring their money to the US and spend it on houses.
Hasn't it long been the case that a sufficiently large investment in US assets gets you a green card? I could certainly see that threshold being lowered ever more in the future, though.
No.. we are the aliens..
Finally, layperson's English and understanding...
When will markets reverse course/turn down - or will they "melt up" in hope-based perpetuity?
Didn't Paul Krugmanpredict that we would get the money if there really was an alien invasion. Calling all aliens.
I wish I could watch it but these paranormal video are unwatchable. Fingernails on a chalkboard.
And yet you clicked on the article and even bothered to comment. Huh, go figure.
I care so I share.
nobody has asked the illegal aliens for help yet
Prains, how can you be so sure?
What better way to fight the aliens by whirlpooling their resources into the ponzi---at least they could continue for a while longer...
It's possible we spell PTB wrong. It could be a-lien.
Be well.
I learn better with cartoons.
Is it too pathetic to admit that my best financial investments must be credited to cartoon bears and a talking Raccoon on ZH?
Sure puts the whole bullshit system in perspective doesn't it.
Don't forget "the turd". It's not shit advice from him either.
Turd Ferguson is awesome.
The last words "we are screwed". That about sez it all!@!
"You're gonna need a bigger helicopter."
http://www.youtube.com/watch?v=8gciFoEbOA8
.
just to review. there can be no real lender
of last resort because the "money" does not exist
as of yet. it is a debt based system in an exponential
leverage dilema. that is, there is no money honey,
only debt. it's a global paradigm termination event.
either go for the stars or stfu and let smart people
have a shot at creating some systems that might be
satifactory, healthy and sustainable.
ps. we don't need no stinkin' aliens, just financialize
the stars and outer space, monetize star gazing and
make the helicopter drops! my account is open, send me
a few million and i'll buy some funny damned bonds.
ps. we don't need no stinkin' aliens, just financialize
the stars and outer space, monetize star gazing and
make the helicopter drops! my account is open, send me
a few million and i'll buy some funny damned bonds.
Rocky Mozel and the Star Registry http://osr.org/en-us/?gclid=CNuBgJ2lj6wCFUfsKgodIxtymA#star-page
i'll buy some funny...bonds.
The US treasury has announced that on Jan. first 2012 they're no longer going to issue paper savings bonds, too much expense. They anticiapte "saving" 70 some odd million cyphers by going "paperless".
So in order for gramps to buy his latest great grand kid a savings bond on the day of birth, the kid has to have an account already set up with the principle (and supposed interest), being held in the ethreal world of the cloud.
Great gig if a guy could get it.
Let us put these countries on eBay and get it over with.
I've been to Athens a couple of times over the last few years....believe me they won't get an bidders. That is one messed up city.
Yep that's socialism for you
I just don't see a problem here. I always make my house payment with the American Express card. It's really nice because I just have to make the minimum payment and use the excess fund for lap dances. What's not to like?
That's just a ridiculously stupid suggestion! EBAY can't take these countries because they would not make the lowest acceptable bid so EBAY wouldn't make any money.
You know the whole crisis has put these countries into a situation kind of like a burglar breaking into your house and then realizing it is so fucked up, they actually feel bad and clean your place for you and leave a sympathy note.
I don't believe you could give these countries away! Who wants them? Sure the people may be nice and the scenery beautiful and all those historic sites and everything, but you are still left holding a bag of crap. It just happens to come in a beautiful gift bag!
All the same, the video was funny and if you had a conversation with an average person about the situation, it would probably be very similar!
there's a price for everything, no matter how low or high
I laughed so hard when the guy said Aliens. I was thinking there would only be Aliens left to lend us money.
Wouldn't that be something eh? Aliens show up, and the first thing we ask them is "hey can you guys lend us 50 Trillions dollars?" They would probably just get back in their spaceship and leave this planet as fast as possible.
Actually, they'd probably scoff at how we operate within a system based on an eternal growth model of resource depletion and waste that can't possibly be sustained. The concept of money itself would be primitive and laughable at best. But while we have 'em here I suppose it wouldn't hurt to ask.
Shouldn't surprise us though if gold had some properties they desire.
You don't ask them to lend you money.... You encourage them to INVEST in some good ole bonds! Fully backed by the same people you are buying it from.
Look, just askin', with no animosity intended........
Are they yours? Enquiring minds want to know......
If they are not yours, then most probably your icon could be considered offensive. Don't get me wrong, offensive is cool within popular consideration, but generally a code of conduct has to apply, otherwise we are all just animals.
Within a month “credit event” will enter popular slang as a term of reference for a sexual act.
I take it you've never been to Las Vegas.
I'm afraid to ask about "default swap".
I am partial to "Short Squeeze" myself.
pods
Bilateral bilabial fricitives, bitchez.
along the same lines as "wardrobe malfunction"?
7:38pm EDT
Another classic humourous view of the 'European Debt Crisis', Australian comedians Clarke and Dawe, playing as typical, an interviewer and a banker:
http://www.youtube.com/watch?v=I5QwKEwo4Bc
Ireland owes $865,000,000,000. That would be equivalent to the U.S. owing 60 trillion dollars. This is just unbelievable stuff. And still the great bulk of people think we can work our way out of this mess.
Yes, that Clark & Dawe piece is the best video I've ever seen, since I started reading financial blogs in February 2008!!
+ 1
Excellent video bank guy, thanks for sharing it.
EUO to 1.45
We need aliens so we can reverse-engineer their ships, go to their planets and take them over Avatar-style.
Or, even without aliens, just go and keep colonizing multiple worlds ala Firefly.
THAT is how you keep ever-growing economies! Kick the can another few millenia!
Oh, wait, Obummer cancelled NASA.
We're fucked.
Good thing
We would just fuck their planets up too
i see you've been posting for a few days, so hi & welcome!
nice avatar!
+ post for an xtranormal thread
we are virtually fuked
Hey, thanks, bro.
I've been lurking a few weeks and ZH is the place to go for real news on the market, for sure. I have a pretty standard avatar for my DP profiles, but decided a pic of my new Colt .22 would be more appropriate for here.
So where are we supposed to go when we get done strip mining this planet?
Actually even other planets wouldn't cut it for very long. Dmitry Orlov had a post on his blog a few months ago showing that for nearly all values of t (time) t^3 < D^t so our demand exponentially increasing to infinity still overwhelms a society that could expand outwards in three dimensions at the speed of light.
We're light years beyond fucked.
wish I had a dollar for every word spoken in that script. I could retire.
...
btw, who the fuck stole Will.I.Am's AutoTuner and gave it to these jokers.
here's my 2 cents of noir!!!
here's an anti-politcal ad that's all atmospherics and no message featuring Sharon Stone.
http://www.youtube.com/watch?v=xtv6HA7dd70 [19 secs]
ruh roh.
http://cnbusinessnews.com/byd-warning/
Looks like the 'Oaf of Omaha' is about to lose even more money.
Priceless...
check out some of the other news, hard landing.
I think the next charity lunch bath will be a bit strange.
http://www.youtube.com/watch?v=EiUCA6nza_M
so simple a Toon knows..
Yah, the Aliens are going to save us! Actually, the Aliens would get the best LOLs of all from this sketch.
But seriously, the "we're screwed" line is totally false. In reality the only way we (the people of the world, as opposed to the 1%, aka the Elites), are NOT screwed is if this entire fiat currency, debt-enslavement system goes down in flames. Total collapse of the present system is the only path to freedom. The longer the Elites can keep their fractional reserve, leveraged, paper-abstraction based financial illusions operating, the worse it's going to be for the rest of us.
I love the smell of global banking conflagration in the morning.
The only Aliens i know of are Ewoks. And there the most useless species in the Universe.
What do you mean? They totally took on the Empire.......and WON!
http://www.denverpost.com/breakingnews/ci_19223274
Hello mastercard. I can't pay you.
Then what are we going to do.
How about if I leverage the money to pay you.
What does that mean.
It means I'm going to borrow the money to pay you from you.
Ok. Sounds stable.
Awesome! too bad we don't have Abbott - Costello anymore :|
"LIKE WHO?" i LOVE THIS!!!!!!!!!
If anyone interested I'm selling sep-2021 senior tranch AAA-rated Alien bond CDS contracts.
Either that or we convert Solyndra’s worthless solar panels into some kind of alien search device. There’s got to be a green shoot business scam (pardon opportunity) imbedded somewhere this alien hope concept.
Are the contracts taxable?
The simple truth is that we are getting to a stage where there is simply not enough money in the world for the debts to be repaid. The "some other country" solution is dead in the water, they all need money. So where will this money come from? Two options - default or print. It seems clear that the favoured option is print. The trouble is, even this only works for a short time, as pretty soon the money hyperinflates to worthlessness.
So where will this money come from? Two options - default or print...
False dilemma. All the money needed to remedy the situation already exists. While massive contraction can occur due to derivatives and the financial accountants responsible for their "valuations", velocity remains the element of surprise that can produce seemingly miraculous recoveries.
Just because a human heart will pump 2000 gallons of blood a day doesn't mean my body has to hold 2000 gallons. About 1.3 gallons does the job perfectly well.
Existing PMs can do the job of most economies as long as the "music" of trust, honesty, industry and other attributes typically assigned to "christianized" people are well represented.
imho.
And gold is not 15000, silver is not 1000?
Beer O'clock guys and gals. headed over to watering hole Lucky Dog in Billyburg for
a tall Margie.
problem with that cartoon is it's too verbose. look, if they can't do it in 1:45 STFU.
and return Fergie;s AutoTuner...!
http://www.youtube.com/watch?v=clvAI-R_fDY
here's a take on Iowa Straw poll, yes, and the back flipping monkey
both real and wind-up...
Classic.
http://www.youtube.com/watch?v=AId_UiPtPpQ
did a much better job on that one... still wish they could cut down on verbosity.
But I thought they counted the fund twice now. I thought that would do it? Now I'm confused....
Here is where Europe can get the money from.
Simply announce to the world that they will buy gold with Euros at the rate of 50,000 Euros per Troy Ounce.
This will re-value their existing store of gold at a high enough level that will eliminate all their debt.
ie Default by devaluation.
+ 1
That's what I would do if I were Head of the Treserve. And I would do it FIRST. A FOFOA-like solution.
"The US Treasury hereby announces that we will buy and and all gold for $55,000 per ounce."
Dang, that's just how I thought it would work.
I still can't imagine how anyone would ever think, or even pretend to think, that loaning people money so they can make payments on previous loans could ever work out well.
1:09
1T Euros?
Yes
Where did they get all that money
They haven't got it
What?
They haven't got that money.
Alright...................Wait, WHAT?
HAHA
Excellent. More informative and concise than anything CNBC has broadcast in the past five years. Turns out "can kicking" is the most expensive sport in human history.
You have to wonder how many perma bulls just rolled their eyes at this video - and assume that Ben will just print them to S&P 1500...
Turns out that the IIF banks have 30 billion in greek bonds. So the deal was on a 15 billion haircut only.
Euro rescue package could become a sham... As a negotiating partner for the governments of the IIF only sat at the table -. Which he represents banks together hold only an estimated 30 billion euros in loans to Greece...
http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&i...
You guys are beyong hopeless too. This shit is over with and you are all buying metals? What the fuck good does metals do in a global war/famine/plague cluster fuck? Natural selection will NOT be kind to tyler and his followers, brilliant economists as they are......
Another point why metals are a complete joke. Anyone buying metals is obviously chasing profits they wish they had. If you **have** any kind of wealth now, trust me you would NOT be at the gulag casino. You would be preparing for your survival and safety. Love to hear some justification for the other side, but pretty sure it will just be thumbs down...
Relax there Chief. Yes, if society completely collapses gold will be of little use. Guns, food and water will be the new gold. HOWEVER...most here don't believe in the "end of the world", just a race to the global fiat bottom. In a world that will have several years of hyperinflation and a relentless push down on the standard of living. In that world - Gold is king.
I'm not a gold bug - never have been...but if Ben prints again (and he will) Gold will break $2000.
Actually, that's not my take on it at all, HD.
I do not foresee the "rule of law" (What's left of it - just ask the Oakland PD) surviving another Great Depression. Human beings / sheeple are no longer built the way they were, back then.
However, that does not invalidate the purchase of Gold (Physical) as a hedge against it if you consider that Gold has been used as a trade counter / medium of exchange for thousands of years.
Yes, in the short term, Food, Fresh Water, and Weaponry will be the standard trade items but we have always used jewellry / luxury items as a store of wealth. In a reasonably short (10 - 15 years, maybe) span of time you would find that Gold, Silver, Jewellry will again become more portable mediums of exchange than lugging around a flock of 40 sheep to be able to buy some fresh water.
My 2c
I agree - if we implode to the point where fiat is completely destroyed, (we don't return to the gold standard) - that gold and silver will be more practical than barter.
I'm just more hopeful that we don't get there. The reason governments around the world are now buying and hoarding gold is they know we will be forced to reinstate the gold standard and actually back our currency at some point.
Poor Nixon - the man could do no right...
As to the OWS - they are not going away. When was the last time we had global protests?
free bowl of soup with those bail outs
The main buyer is Zionist by way of defacto
Anyone else disturbed by the watercooler full of milk?
So concise and clear even a sheople could understand!
http://silverdoctors.blogspot.com/
The aliens only buy, sell, loan physical gold, silver or platinum, and they're not stupid enough to loan anything real to liar-moron-predators like the EU.