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MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...

 
Ragman (Rags)

User ID: 1494202
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10/19/2011 01:44 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Parody.....


1. Greece will default very soon ...said the same thing every month starting in May 2010...

2. The contagion of fear will spread ...contained by Gwyenth Paltrow's singing career

3. European Mega Banks will collapse ...and US taxpayers will absorb them

4. EU governments suffer new credit rating downgrades ...remember, from AA we have 25 more letters in the alphabet before they run out of downgrades to -ZZ

5. Spain and Italy next to face default on their massive debts ... see Ireland and Iceland, they technically defaulted a year ago and still around

6. Global debt markets will suffer a critical meltdown ...so did Fukushima, and its still on going...

7. Vicious cycle: sovereign defaults, bank failures, global depression ...and The Mayan Calendar says a new cycle begins

5a
.
.
No seriously..........

werephucked
minkey53

User ID: 1457633
United Kingdom
10/19/2011 01:50 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Just unplug the bloody computers so they're not connected.

That'll stop one currency destroying another!

What did the General say in the movie Wargames?

"Can't we just piss on the spark plug?"


banana2
smokahontas

User ID: 3626117
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10/19/2011 01:56 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
They have to devalue the dollar, That also devalues the debt
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Nickadeemus

User ID: 2632173
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10/19/2011 01:57 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
5 stars to counter that one-star jerk. Good post, as usual, and nice new 5a.
 Quoting: Revbo™


Another 5 from me.

This would be disturbing, if I had any money left...
 Quoting: WalkersEverywhere


It's so nice to think about. Aint got shit, caint loose shit.

Nick®
thinkin
Pure Life; Get it on...
smokahontas

User ID: 3626117
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10/19/2011 01:59 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Amen, I havent banked since 1996, Dont own anything, Drive a 78 chevy, spend my money as soon as i get it. No retirement, no strings. Let it all fall down!
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Nickadeemus

User ID: 2632173
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10/19/2011 02:02 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
The roof...the roof...

GLP DOOMPHAT RAP ENSAMABLE:Fires off a snappy rendition of the clever vignette fire water burn, by the bloodhound gang.



Nick®
:Lester:

Last Edited by Nickadeemus on 10/19/2011 02:04 PM
Pure Life; Get it on...
BCHD

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10/19/2011 02:41 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Nice find OP

I'm surprised at the scarcity of other silvertards on these threads. Now IS the time to go get whatever you feel you will need for the coming days. All I am waiting for is China to chime in with their 2 Renminbi.
GTG BUY SILVER

javascript:NewWindow(' [link to www.kitco.com]


dynamite
smokahontas

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10/19/2011 02:51 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
bump
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
MaxMad

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10/19/2011 02:54 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
SAN LUIS OBISPO, Calif. (MarketWatch) — Worst-case scenario’s closing fast:...

When?

A string of European bank collapses is dead ahead. And like the Arab Spring, they will trigger an economic disaster for American banks.


Yes, coming soon says Martin Weiss in his “7 Major Advance Warnings,” which is “bound to have a life-changing impact on nearly all investors in the U.S. and around the globe.” His new Weiss Ratings warnings are the “most important” in a 40-year career. The stress on Wall Street banks will force them back to Congress for more bailouts...

1. Greece will default very soon ...

2. The contagion of fear will spread

3. European Mega Banks will collapse

4. EU governments suffer new credit rating downgrades ...

5. Spain and Italy next to face default on their massive debts ...

6. Global debt markets will suffer a critical meltdown ...

7. Vicious cycle: sovereign defaults, bank failures, global depression ...


History inevitably repeats itself: Arab Spring triggered Wall Street Fall. Next, the raging European monetary collapse will ripple through America’s banking system, completing the 2008 meltdown that never ended because Wall Street fought all reforms.

But now, a bigger meltdown as history repeats a dangerous cycle like the 1929 Crash and Great Depression.

History will also deal a fatal blow to Wall Street. Weiss adds a key warning: No bank bailouts. America’s banking system is bankrupt, structurally and morally. Washington is broken.

...Listen closely: Weiss final warning to all investors: “Get all or most of your money out of danger immediately … above all, stay safe!” Prepare for the coming bank collapse.

[link to www.marketwatch.com]

-------------------------------------------------------------​-------------

Some of the article is pro-wall street protestors (although the author does not endorse communism)...nevertheless, it doesn't change the analysis or our fate.

5acliff
 Quoting: MARTIAL LAW


Great find Marital! Except its CARSH not CRASH! LOL
MARTIAL LAW  (OP)

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10/19/2011 02:54 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Great find Marital! Except its CARSH not CRASH! LOL
 Quoting: MaxMad


chuckle
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
Anonymous Coward
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10/19/2011 03:10 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
I'm tell you,, the US is holding up the Euro at the same time hegding on it...fucking insane!
Anonymous Coward
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10/19/2011 03:14 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
"Displaced Agression??? What is being inferred here you intellectual void, is that the world's finiancial systems are so intertwined, that it is inevitable that a market collapse here will ensue. I don't think that's too much of a stretch even for an Anonymous Coward like you."

crazyjak
Jane SmithModerator
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10/19/2011 03:21 PM

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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
I'm tell you,, the US is holding up the Euro at the same time hegding on it...fucking insane!
 Quoting: pool


I have no link to this but here are rumours I am catching:

The IMF is supporting the Euro, most IMF funding comes from the US; it is through this method our tax dollars are getting "laundered" to provide Euro bailout funds without the US taxpayers at large realizing what is happening.

Money we do not have & is borrowed from China. China has financial messes a pleanty all their own.

Not good.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
The Voice In Your Head

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10/19/2011 03:35 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
I got this one

(Warning: explicit language)


I'm just a figment of your imagination ;-)
mfromcanada1

User ID: 2502934
Canada
10/19/2011 03:50 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
It is going to happen and then there will be a run on the banks. Prepare for suffering. If the banks fail the sovereign debt will be abolished, no?

Revbo™

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Norway
10/19/2011 05:09 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Great find Marital! Except its CARSH not CRASH! LOL
 Quoting: MaxMad


chuckle
 Quoting: MARTIAL LAW


Seriously, dude. Change it.

As your pin benefactor, I demand it.

5a

Last Edited by Revbo™ on 10/19/2011 05:11 PM
John 8:32

And ye shall know the truth, and the truth shall make you free.
Jane SmithModerator
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10/19/2011 05:20 PM

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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
5 stars to counter that one-star jerk. Good post, as usual, and nice new 5a.
 Quoting: Revbo™


Another 5 from me.

This would be disturbing, if I had any money left...
 Quoting: WalkersEverywhere


Yea, guess the bankers took all your money and your jobs, still wondering why you're a broke deadbeat dumbfuck, but all those OWS protestors are crazy commies.

Fuckin' idiot.
 Quoting: Anonymous Coward 3638339


Hey, Jerkface!

We are all employed & not broke. You are shooting your mouth on a thread occupied by the personal investor & "metaltard" crowd. We put in a great number of hours doing our research for our jobs. Having or not having money is relative & frequently has to do with the current state of a specific trading account.

We are frequently on GLP because we have multiple screens in front of us for when things are moving at a fast pace -- you know, watching equities, treasuries & metals simultaneously -- that enables us to communicate with other market watchers, have some fun & yes do some periodic bitching.



Boxing Kitty

Last Edited by LJS on 10/19/2011 05:21 PM
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Illumicorp

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10/19/2011 05:29 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
The US Derivatives market with Four Banks that hold over 250-600 Trillion is a ticking time bomb.

In addition to the 1-2 Trillion Chinese sub-prime bubble.
Illumicorp - ordo ab chao
Sharty Mc Bean

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Germany
10/19/2011 05:31 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
bankbailout
smokahontas

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10/19/2011 05:32 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Dont forget the student loan bubble
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Illumicorp

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10/19/2011 05:32 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Dont forget the student loan bubble
 Quoting: smokahontas


That's only the equivalent of half the Chinese sub-prime bubble.
Illumicorp - ordo ab chao
smokahontas

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10/19/2011 05:37 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
But higher than the credit card debt in the U.S. Its all fucked brother!
"I may not agree with what you say, but I would defend to the death your right to say it." Voltaire

"Facts do not cease to exist just because they are ignored." Aldous Huxley
Zero Point

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Australia
10/19/2011 05:44 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
Ya know, I'm getting sick of everyone from Schiff to Celente to this guy. Sorry, but WHEN!!

None of these scenarios take into account that the game is fixed. It's rigged. It will crash only when TPTB WANT it to crash.
 Quoting: <<FOCUS HARDER>>


true...but IMO they want it to now...otherwise they would have waited with the OWS...

actually lets call OWS what it really is...a manufactured crisis. TPTB have started the riots. They don't want them to go away...they want them to grow and become more violent...during this time, I see them squeezing every last penny out of the people in one huge crash...like in 08 but much much bigger.

Then the riots increase by 100 fold as the middle class is essentially wiped out.

Enter war and martial law phase...

...welcome to the NWO.

Well it's a theory...and if correct it will happen very fast since it's already set in motion. I would predict before the spring of next year.

Of course you could be correct...OWS dies down, the EU crisis is somehow papered over for another year, and the 2012 elections happen just like they did in 08.
 Quoting: MARTIAL LAW


I think your theory is backed up by the military positioning of assets being done by all players.
hiding
Another public service announcement from the Southern Hemisphere Information Leveraging Locus.
Illumicorp

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10/19/2011 05:45 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
But higher than the credit card debt in the U.S. Its all fucked brother!
 Quoting: smokahontas


Yep. The Perfect Storm has finally arrived. The Prelude to 2008 is here and we have not fixed any of the fundamental problems that caused the 2008 financial crisis. We did not learn from our mistakes and we will be punished as such.
Illumicorp - ordo ab chao
Zero Point

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10/19/2011 05:47 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
5 stars to counter that one-star jerk. Good post, as usual, and nice new 5a.
 Quoting: Revbo™


Another 5 from me.

This would be disturbing, if I had any money left...
 Quoting: WalkersEverywhere


Yea, guess the bankers took all your money and your jobs, still wondering why you're a broke deadbeat dumbfuck, but all those OWS protestors are crazy commies.

Fuckin' idiot.
 Quoting: Anonymous Coward 3638339


Hey, Jerkface!

We are all employed & not broke. You are shooting your mouth on a thread occupied by the personal investor & "metaltard" crowd. We put in a great number of hours doing our research for our jobs. Having or not having money is relative & frequently has to do with the current state of a specific trading account.

We are frequently on GLP because we have multiple screens in front of us for when things are moving at a fast pace -- you know, watching equities, treasuries & metals simultaneously -- that enables us to communicate with other market watchers, have some fun & yes do some periodic bitching.



Boxing Kitty
 Quoting: Jane Smith


No. Seriously? I'm "working" honest!
Another public service announcement from the Southern Hemisphere Information Leveraging Locus.
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10/19/2011 05:55 PM

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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
bankbailout
 Quoting: Sharty Mc Bean


Good one!
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Illumicorp

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Canada
10/19/2011 06:24 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
New evidence that a global war is emerging as the scenario of breaking out of crisis surfaced recently – a few months before NATO attacked Libya - when US banks took to massively converting their assets to cash. The figure below reflects the analysis conducted by Russian economist E. Susin.

It is hitherto unclear where the assets were drained from, but the trend evidently started gaining momentum before the current global escalation. The hypothesis that banks diverted assets to meet their obligations does not go through as the assets ended up converted to cash. Notably, not only US banks but also foreign banks operating in the US were in the pursuit. Considering that they showed $305.5b in cash in mid-December, 2010 but $672.1b as of March 23 on balance sheets, 2011, the increase was to be more than twofold. The money simply fled external markets and, interestingly, did so before the now-obvious reasons for the flight came into being. At the moment foreign banks active in the US are sitting on huge currency holdings (their assets totaling $1.68 trillion, the above data means that 40% of the amount exist in liquidity form). The inescapable conclusion is that at least the financial world was bracing ahead for the global escalation.

Banks continue to service their obligations, but that cannot last forever. Consequently, soon the money will be back to work in the situation where the US – the country with a minimal level of cash circulation and predominantly electronic payments, where carrying more than $20 in the wallet is unusual - is saturated with cash.

US banks are taking measures to endure serious infrastructural crises which may be accompanied by electronic banking blackouts, which are only possible in the settings of a severe military conflict. It is a major war that can put the greatest obstacles in loudly anti-militarist President Obama's way to the White House. A lot will depend on when the next phase of the drama underway in Libya starts to unfold. It is relatively unimportant where – in Iran or North Korea – it will unfold, it is not the geographic location but the timing that currently matters.


[link to www.strategic-culture.org]
Illumicorp - ordo ab chao
optimusprimate

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United Kingdom
10/19/2011 06:28 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
trollfacedance
DO THE DOOM DANCE !!
Is God willing to prevent evil, but not able?
Then he is not omnipotent.
Is he able, but not willing?
Then he is malevolent.
Is he both able, and willing?
Then whence cometh evil?
Is he neither able nor willing?
Then why call him God?

~Epicurus 33 A.D

I am being held down by four greys as i type this

~ Florence 2015 A.D
Zero Point

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Australia
10/19/2011 06:51 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
New evidence that a global war is emerging as the scenario of breaking out of crisis surfaced recently – a few months before NATO attacked Libya - when US banks took to massively converting their assets to cash. The figure below reflects the analysis conducted by Russian economist E. Susin.

It is hitherto unclear where the assets were drained from, but the trend evidently started gaining momentum before the current global escalation. The hypothesis that banks diverted assets to meet their obligations does not go through as the assets ended up converted to cash. Notably, not only US banks but also foreign banks operating in the US were in the pursuit. Considering that they showed $305.5b in cash in mid-December, 2010 but $672.1b as of March 23 on balance sheets, 2011, the increase was to be more than twofold. The money simply fled external markets and, interestingly, did so before the now-obvious reasons for the flight came into being. At the moment foreign banks active in the US are sitting on huge currency holdings (their assets totaling $1.68 trillion, the above data means that 40% of the amount exist in liquidity form). The inescapable conclusion is that at least the financial world was bracing ahead for the global escalation.

Banks continue to service their obligations, but that cannot last forever. Consequently, soon the money will be back to work in the situation where the US – the country with a minimal level of cash circulation and predominantly electronic payments, where carrying more than $20 in the wallet is unusual - is saturated with cash.

US banks are taking measures to endure serious infrastructural crises which may be accompanied by electronic banking blackouts, which are only possible in the settings of a severe military conflict. It is a major war that can put the greatest obstacles in loudly anti-militarist President Obama's way to the White House. A lot will depend on when the next phase of the drama underway in Libya starts to unfold. It is relatively unimportant where – in Iran or North Korea – it will unfold, it is not the geographic location but the timing that currently matters.


[link to www.strategic-culture.org]
 Quoting: Illumicorp


Uh Oh....
hidinghiding
Another public service announcement from the Southern Hemisphere Information Leveraging Locus.
Nickadeemus

User ID: 2632173
United States
10/19/2011 07:02 PM
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Re: MARKET WATCH: EU Bank Failures Will CARSH WALL STREET...
5 stars to counter that one-star jerk. Good post, as usual, and nice new 5a.
 Quoting: Revbo™


Another 5 from me.

This would be disturbing, if I had any money left...
 Quoting: WalkersEverywhere


Yea, guess the bankers took all your money and your jobs, still wondering why you're a broke deadbeat dumbfuck, but all those OWS protestors are crazy commies.

Fuckin' idiot.
 Quoting: Anonymous Coward 3638339


Hey, Jerkface!

We are all employed & not broke. You are shooting your mouth on a thread occupied by the personal investor & "metaltard" crowd. We put in a great number of hours doing our research for our jobs. Having or not having money is relative & frequently has to do with the current state of a specific trading account.

We are frequently on GLP because we have multiple screens in front of us for when things are moving at a fast pace -- you know, watching equities, treasuries & metals simultaneously -- that enables us to communicate with other market watchers, have some fun & yes do some periodic bitching.



Boxing Kitty
 Quoting: Jane Smith


laugh
That, my freinds is an intellectual ass whippin. Did you see how fast she moves? It's like this guy,,,only Jane doesn't do the creepy face. Nice moves Janey!



Nick®
Jane

Last Edited by Nickadeemus on 10/19/2011 07:04 PM
Pure Life; Get it on...





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