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Economic Hell is About to Start
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Luvianka Offline
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Post: #1
Economic Hell is About to Start
Guys,
You'd better withdraw all your money from the banks. A bank run can start any minute. The poor Cypriote guys didn't have that chance. By the way, about 100,000 Russians have moved to Cyprus in the last 20 years. That means that there are thousands of gorgeous Russian skinny blondes laying on Cyprus beaches waiting to be rescued from Hell.
http://investmentwatchblog.com/lehman-2-...next-week/
http://investmentwatchblog.com/doom-aler...-the-week/
http://www.whatdoesitmean.com/index1667.htm

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Diaboli virtus in lumbar est -The Devil's virtue is in his loins.
03-17-2013 02:13 PM
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Greek kamaki Offline
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Post: #2
RE: Economic Hell is About to Start
It is Geemanic revenge against Russian oligarchs with Putin blessings.The guns get out gradually.
03-17-2013 02:20 PM
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Aliblahba Offline
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RE: Economic Hell is About to Start
Another " Rome is burning thread". Here's some better topics:

1. Jews are aliens.
2. Dolphins are controlling banks.
3. Feminists don't really have penis envy.
4. Emech is really white.
5. Fisto is transgenered.

Panic threads are better served fun.
03-17-2013 02:35 PM
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Tex Pro Offline
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RE: Economic Hell is About to Start
Only going to be economic hell if Cyprus leaves the Euro over this depositor haircut, which I don't see happening just yet.
03-17-2013 02:42 PM
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temujin Offline
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RE: Economic Hell is About to Start
People have been predicting the Euro's demise since...the euro began.

The only way the Euro gets bombed out is when Germany decides it wants no part of it.
03-17-2013 03:41 PM
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DarkTriad Offline
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RE: Economic Hell is About to Start
For background, this is just the Cypriot bankers doing crazy gambles with the money, losing it, and the Germans refusing to give them a full bailout. Instead they're going to bail out 90% or so.
03-17-2013 03:54 PM
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Greek kamaki Offline
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RE: Economic Hell is About to Start
The euro is powerful as long as Germany stays behind it.Germans are the new Herren and we have to succumb to the superior power.
03-17-2013 03:55 PM
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Tex Pro Offline
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RE: Economic Hell is About to Start
(03-17-2013 03:54 PM)DarkTriad Wrote:  For background, this is just the Cypriot bankers doing crazy gambles with the money, losing it, and the Germans refusing to give them a full bailout. Instead they're going to bail out 90% or so.

The Germans initially wanted a 40% haircut on the Cypriot banks, which would have been substantial...but they agreed to about a 10% haircut in the end.
03-17-2013 04:05 PM
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MikeCF Offline
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RE: Economic Hell is About to Start
Should we all go buy gold and hide in our bunkers?
03-17-2013 04:06 PM
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Roosh Offline
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RE: Economic Hell is About to Start
Something similar happened to the US when FDR came to take everyone's gold or risk imprisonment.

In the US they'll probably mess with the tax rates on IRA/401k accounts before they tax savings.

Roosh
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03-17-2013 04:22 PM
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Tex Pro Offline
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RE: Economic Hell is About to Start
(03-17-2013 03:41 PM)temujin Wrote:  People have been predicting the Euro's demise since...the euro began.

The only way the Euro gets bombed out is when Germany decides it wants no part of it.

So what happens if one of the PIIGS or a smaller country like Cyprus leaves the Euro? Smooth sailing?

The exit of any country from the Euro could trigger a domino effect.
(This post was last modified: 03-17-2013 04:38 PM by Tex Pro.)
03-17-2013 04:22 PM
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Greek kamaki Offline
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RE: Economic Hell is About to Start
The Germans want punishment.Nemesis for Russian mafia which laundried money in Cyprus. Actually Schäuble is more dangerous than mafia.Germans are going to fuck everyone in the ass I have written about it one year ago and in Greece more than 3 years ago because they know how the rest operates while the rest does not know how the Germans operate.

The Germans exploit weaknesses and gaps they have found big time and increase the damage by using heavy bluff.They are really unstoppable.Their rage will not be satisfied till they demolish the speculators, the market and the whole financial system on core.
We have to obey to such disclaiments of strength and brutal efficiency.
(This post was last modified: 03-17-2013 04:26 PM by Greek kamaki.)
03-17-2013 04:25 PM
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Tex Pro Offline
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RE: Economic Hell is About to Start
Tiny Cyprus threatens euro stability:

http://www.cbsnews.com/8301-500395_162-5...stability/

Cyprus works on last-minute deal to soften bank levy:

http://www.reuters.com/article/2013/03/1...3I20130317
03-17-2013 04:28 PM
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iknowexactly Offline
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RE: Economic Hell is About to Start
(03-17-2013 02:13 PM)Luvianka Wrote:  Guys,
You'd better withdraw all your money from the banks. A bank run can start any minute.

Yeah, like the US is going to let a tree falling over somewhere on an island in Europe affect our pizza and SUV orgy.

Doomsayers love saying "It's coming!!!' to get attention, somehow they don't seek the attention about the fact that they were wrong, again.

Got some money to bet not one bank closes in the USA in the next week? That doesn't count being closed down by the Feds, I mean asset losses so
Joe Public can not go and withdraw his money.

Didn't think so.
(This post was last modified: 03-17-2013 04:37 PM by iknowexactly.)
03-17-2013 04:36 PM
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iknowexactly Offline
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RE: Economic Hell is About to Start
(03-17-2013 04:25 PM)Greek kamaki Wrote:  The Germans want punishment.Nemesis for Russian mafia which laundried money in Cyprus. Actually Schäuble is more dangerous than mafia.Germans are going to fuck everyone in the ass I have written about it one year ago and in Greece more than 3 years ago because they know how the rest operates while the rest does not know how the Germans operate.

The Germans exploit weaknesses and gaps they have found big time and increase the damage by using heavy bluff.They are really unstoppable.Their rage will not be satisfied till they demolish the speculators, the market and the whole financial system on core.
We have to obey to such disclaiments of strength and brutal efficiency.

Hey Mr. Kamaki, you were prophesizing Greek Civil war in the last couple months, when was the deadline for you to be wrong?
03-17-2013 04:38 PM
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Greek kamaki Offline
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RE: Economic Hell is About to Start
Civil war will happen in Greece. It is very close.It will be a very bloody one a battle of extinction.Golden Dawn is at 15% and radical communists on the rise so the two extremes are going to clash when the middle disappears alltogether.
Without the money flow from Europe civil war would have already started.The political system stays alive by the money flow.A pull of the plug and the shit will hit the fun.
(This post was last modified: 03-17-2013 04:45 PM by Greek kamaki.)
03-17-2013 04:44 PM
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Aliblahba Offline
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RE: Economic Hell is About to Start
Greeks deserve what they get.
03-17-2013 04:51 PM
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vinman Offline
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RE: Economic Hell is About to Start
(03-17-2013 04:22 PM)Roosh Wrote:  Something similar happened to the US when FDR came to take everyone's gold or risk imprisonment.

In the US they'll probably mess with the tax rates on IRA/401k accounts before they tax savings.

The U. S. was talking about doing this as far back as 2008. It'll come soon enough.

"Feminism is a trade union for ugly women"- Peregrine
03-17-2013 05:10 PM
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germanico Offline
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RE: Economic Hell is About to Start
(03-17-2013 02:35 PM)Aliblahba Wrote:  4. Emech is really white.

Ohshit
03-17-2013 05:22 PM
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temujin Offline
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RE: Economic Hell is About to Start
(03-17-2013 04:22 PM)The Texas Prophet Wrote:  
(03-17-2013 03:41 PM)temujin Wrote:  People have been predicting the Euro's demise since...the euro began.

The only way the Euro gets bombed out is when Germany decides it wants no part of it.

So what happens if one of the PIIGS or a smaller country like Cyprus leaves the Euro? Smooth sailing?

The exit of any country from the Euro could trigger a domino effect.

I could point to a hundred articles "predicting" an exit of one of the smaller countries and subsequent EU collapse, written (primarily by American and English publications) during the last 5 years.

I could point to a thousand articles "predicting" the collapse of the US dollar and hyperinflation.

I could also point to a thousand articles "predicting" peak oil and the end of civilization as we know it.

Let me know when it actually happens. I'm not holding my breath.
(This post was last modified: 03-17-2013 05:26 PM by temujin.)
03-17-2013 05:26 PM
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BIGINJAPAN Offline
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RE: Economic Hell is About to Start
I think Russia has the trump card in all of this. Gazprom controls almost every BTU burned in Europe. Things could get real cold and dark in Europe if Russia so chooses.

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03-17-2013 05:28 PM
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BIGINJAPAN Offline
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RE: Economic Hell is About to Start
Almost 2 weeks of gains in the S&P was just wiped out in the first 5 minutes of trading today. This will finally be a fun week

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03-17-2013 05:31 PM
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germanico Offline
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RE: Economic Hell is About to Start
(03-17-2013 05:28 PM)BIGINJAPAN Wrote:  I think Russia has the trump card in all of this. Gazprom controls almost every BTU burned in Europe. Things could get real cold and dark in Europe if Russia so chooses.

Who controls Gazprom?
03-17-2013 06:17 PM
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BIGINJAPAN Offline
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RE: Economic Hell is About to Start
(03-17-2013 06:17 PM)germanico Wrote:  
(03-17-2013 05:28 PM)BIGINJAPAN Wrote:  I think Russia has the trump card in all of this. Gazprom controls almost every BTU burned in Europe. Things could get real cold and dark in Europe if Russia so chooses.

Who controls Gazprom?

The Russian government

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03-17-2013 06:38 PM
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void Offline
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RE: Economic Hell is About to Start
(03-17-2013 06:17 PM)germanico Wrote:  
(03-17-2013 05:28 PM)BIGINJAPAN Wrote:  I think Russia has the trump card in all of this. Gazprom controls almost every BTU burned in Europe. Things could get real cold and dark in Europe if Russia so chooses.

Who controls Gazprom?
I don't really know, but former German Chancellor Gerhard Schröder was placed in the board because he made a deal with Putin. Hes called Gaz-Gerd Big Grin

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(This post was last modified: 03-17-2013 06:42 PM by void.)
03-17-2013 06:41 PM
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