Friday, June 29, 2012

Red Flag

Greetings good citizen,

Markets soared this morning, tacking on almost 2 percent on news that the Euro-crisis has finally been solved…for the 18th time.

I mean fool me once, shame on you! (Try to) fool me eighteen times and you’re flirting with being committed to an insane asylum.

Which is to ask, how sad is it that these 'fools' are the ones in charge of the bankrupt global economy?
Europeans Agree to Use Bailout Fund to Aid Banks
By STEVEN ERLANGER and PAUL GEITNER 7:49 AM ET

The agreement, reached early Friday after all-night talks, cheered financial markets, but analysts warned that crucial details needed to be worked out.

Global Markets Soar on European Breakthrough
By CHRISTINE HAUSER 35 minutes ago

Stocks on Wall Street surged after European leaders agreed to use bailout funds to recapitalize struggling banks directly.

What’s changed here, good citizen? This sudden deal to print their way out of bankruptcy has disaster written all over it.

What these banksters need is to be wiped out and shut down!

Paying for their ‘mistakes’ is counter-productive on all fronts. Paying for it with ‘funny money’ is even worse!

Then we have the downright freakish ‘stock market’, tacking on trillions of dollars of, er, ‘alleged value’ because of some disastrous decision-making.

So what are we ‘seeing’ here and now?

We may find ourselves looking back on this turning point as the day ‘hyper-inflation’ got its start.

Thus is this post titled ‘Red Flag’.

Remember this day for the ‘consequences’ it will trigger.

Thanks for letting me inside your head,

Gegner


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