| User Info
| Germany and LaGarde: Two Idiots in forum [Market-Ticker]
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Frat
Posts: 1934
Incept: 2009-07-15
NKY
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So Christine... you throw around statements (threats) like that, you'd better have one big-ass army to back them up. Wolfgang up there, might be able to swing something (I doubt it), but WTF do you have?
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We're ****ed. Where's Henry Bowman when you need him?
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Bagbalm
Posts: 4248
Incept: 2009-03-19
Just North of Detroit
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Getting closer to threats or acts of war.
Nothing is left after single minded declarations of "You must!"
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Badges
Posts: 45
Incept: 2010-12-30
Massachusetts
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Ein Reich, ein volk, ein IMF!
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Dji
Posts: 1245
Incept: 2009-04-21
Ponzi world 3rd rock from the sun
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Me thinks the people tell the IMF to GFY the retards in charge won't, so.........
Bend over
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Don't be a bag holder-Me
What goes up Must come Down- Alan Parsons Project
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Deepsee100
Posts: 1304
Incept: 2008-02-05
The Med
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I'm starting to think that Europe should leave 'the Germany'...
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Next
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Dudefish
Posts: 46
Incept: 2010-02-20
Birmingham, Ala.
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Kinda like I had a real estate agent tell me once that I "couldn't" walk away from a purchase contract. Heh heh, right.
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Richard112360
Posts: 610
Incept: 2008-02-06
Hooterville
Banned
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I believe Alexis Tsipras, leader of the Greek Syriza party, intends to stick a 2x4 up both their asses when he wins the second round of elections in June. TPTB in Greece are desperately trying to avoid another round voting.
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Blurtman
Posts: 563
Incept: 2009-01-24
Banned
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Whose debt is it? The voters should just repudiate the committments made by the previous criminal and banker complicit government. Sorry, but they did it, and you bribed them to do it, and we are not playing that game.
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I have a reading comprehension problem and the owner banned me for repeatedly displaying it after being warned.
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Krs
Posts: 685
Incept: 2009-05-07
Colleyville, Texas
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Or what? That sound in the distance seems more like war drums everyday. The ShePig is getting backed into a corner, seems she doesn't like the taste of her own dirty sausage. Whose army will back up her bacon?
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Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013
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Nelstomlinson
Posts: 124
Incept: 2011-12-21
Juneau Alaska
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Google up odious debt. Is there any country whose people can't take refuge in that principle? Just festoon the lamp posts with current and recent politicians, declare the debt to be odious, and move on.
If enough countries do that, folks may get wary about lending to tyrants, and that would be a very good thing for us all.
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Zappafan
Posts: 1788
Incept: 2007-11-30
Atlanta
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If there is one thing I've learned in the past four years (beginning with TARP), it is this:
When a politician says "there is no alternative" what they really mean is "bend over, here it comes serfs!"
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The alternative to not borrowing from a counterfeiting cartel is to be priced
out by those who do
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Iamedwardteach
Posts: 785
Incept: 2011-09-18
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They have managed to kick the can this far, another year isn’t out of the question for those parasites. They would rather defer payment until never, or the day right after. Before they are told publicly to shove it. It could send the wrong kind of message to the other debtor nations. They can’t have none of that now can they? Besides any shortfall in interest payments can always be made up with a push of a button. Fiat, it’s what’s for dinner.
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"FACT: WHEN THE DRAFT OF YOUR VESSEL EXCEEDS THE DEPTH OF THE WATER, YOU ARE MOST ASSUREDLY... AGROUND!"
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Zzt
Posts: 3034
Incept: 2007-06-26
Glendale az
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" or into any other orifice they deem appropriate. "
I wouldnt shove it into any of her orifices if I was using you dick.
Stupid French bitch.
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Jwm_in_sb
Posts: 1036
Incept: 2009-04-16
California Desert
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So...once again I'll pose this question. What happens when they openly advocate that the UN back up the austerity measures with military force??? I think LaGarde is just shy of doing exactly that.
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Mannfm11
Posts: 3533
Incept: 2009-02-28
DFW, Tx
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I think LaGarde is correct. Greece needs to tell them to **** themselves, but the government of Greece is for getting money for themselves. They won't be able to wipe their asses fast enough with anything called the Drachma and they won't have any choice but to balance their budget, if they can even invent money that will spend. The IMF is a gang******group. Their flaming finger is many times larger than the one Greece can fire at them. Exit Euro and there will be a 100% chance of revolution. The bankers will fiunance it.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Iamedwardteach
Posts: 785
Incept: 2011-09-18
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“What happens when they openly advocate that the UN back up the austerity measures with military force??? “
They will never do that. It would force a default. That is the last thing they want. No, extend and pretend is the only option they have left. They will kick this can till it is nothing but a memory of a can. Then they will swing their foot like they are kicking a can. The illusion will be held up with the fiat apparition machine.
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"FACT: WHEN THE DRAFT OF YOUR VESSEL EXCEEDS THE DEPTH OF THE WATER, YOU ARE MOST ASSUREDLY... AGROUND!"
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Enapa
Posts: 1161
Incept: 2008-01-25
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This will end in war.
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Duc888
Posts: 7368
Incept: 2008-11-06
CT, the UNconstitution State
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Who can afford the bullets? The banks are insolvent as are the countries.
Straws and spit-ballz anyone?
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...burp
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Bagbalm
Posts: 4248
Incept: 2009-03-19
Just North of Detroit
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The German culture is very authoritarian. I worked for several Germans and for a couple Europeans that sternly informed me they were citizens of other countries but German by race.
When we came to an impasse on some business practices and I just said NO they could not deal with it at all. I'm talking red in the face furious to where I was afraid the one fellow was going to stroke out.
I just quit on the spot. I was told: "You can't just run away from your problems."
But indeed I could. There were other people for who I could work that didn't have the problems with me they did.
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Lemonaid
Posts: 9877
Incept: 2008-01-20
Metro Detroit
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As soon as Greece repudiates it's debt a flood of investment capital will come pouring in...
Just like Russia, just like Argentina, just like all the others.
It's very simple. A credit risk is determined by outstanding debt versus income.
Money has to flow somewhere and instantly it would flow to Greece again... I'd give them money... hell it would be many years before they could blow up again !
This is the dirty little secret the bankers Don't want known.
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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises
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Genesis
Posts: 130663
Incept: 2007-06-26
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Exactly.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Yazooflesh
Posts: 4991
Incept: 2007-08-02
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Gen beat me to it.
Lemon...that is exactly how it works.
Why is it so hard for people to grasp the concept of "nonpayable debt is destructive to any economy"?
It's not a moral issue...it is math.
Bankruptcy laws have survived for years and years for one simple reason...they are productive.
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Lemonaid
Posts: 9877
Incept: 2008-01-20
Metro Detroit
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Repudiating the debt by a sovereign is actually easier than a sole responsible individual.
When a sovereign does it the new crop of politicians say, "It wasn't me that ran up the debt... it was the last guy!"
Bankruptcy laws keep the creditors from misallocating capital. They have to eat their cooking if they get it wrong !
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"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." Ludwig von Mises
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Yazooflesh
Posts: 4991
Incept: 2007-08-02
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We better repudiate now while everyone's distracted...  |
