Sunday, October 30, 2011

Euro Bailout Explained


In the spirit of Quantitative Easing Explained, we bring you the animated description of the Eurozone bailout/ Greek debt default.

"Did you hear about the Eurozone?"

7 comments:

Anonymous said...

Sounds like a fantastic idea! :)
Here China you got this one right?!

Anonymous said...

17 naked men in a big euro towel. Who is naked?

waverlee said...

It might work, if the aliens are bankers.

Anonymous said...

lol Aliens will loan them the money!

AGXIIK said...

I'm not sure whether to call this Euro-trash hot tub bailout a daisy chain or circle jerk. Either way this is not going to end well.
China takes $1 trillion plus of our currency and ships it the ECB. I am guessing that when this dinner is served the appetizers will not be Dim Sum. I think it will be something much worse. China offloads a depreciating currency for Euro bond. Trichet might as well borrow from Nunzio and the good squad.
We, the observers of this mess, will not be able to do a damn thing to stop or slow down these events. The best thing to do when stupid people sell their souls to an evil empire is
get the heck out of the way. Far out of the way
This whole shebang will get really ugly.

Anonymous said...

AGXIIK hit the nail on the head...get the heck out of the way. Like New Zealand or something.

AGXIIK said...

NZ is interesting Sheep to people ratio--9 to 1 Hmmm, that reminds me lots of funny jokes. I read Sovereign Society and Porter Stansberry They suggest Ecuador Low taxes, lots of Ex pats, easy to get a second passport, rule of law apply, beautify scenery, lots of arable land. It's the ultimate bug out bailiwick
For most of us, staying safe in the US is the best bet. 150,000,000 well armed citizens would give any tyrant second thoughts.

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