#Login Register


  • 9 Vote(s) - 2.67 Average
Home 


Bailout approved! - The Cyprus Situation Room
03-24-2013, 03:55 PM #121
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-24-2013, 03:49 PM)DaJavoo Wrote:  SHADOW: I couldn't find the exact article you were linking to about JPM/MMFs ~ can you repost the link, please? TIA


http://www.cysec.gov.cy/mutual_funds_6_en.aspx

No article, just a list of Cypriot MMFs

Here's the one of JPM pulling all MMFunds from EU (that is until a month ago)

http://mobile.bloomberg.com/news/2012-07...e-cut.html
03-24-2013, 04:04 PM #122
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-24-2013, 03:55 PM)Shadow Wrote:  
(03-24-2013, 03:49 PM)DaJavoo Wrote:  SHADOW: I couldn't find the exact article you were linking to about JPM/MMFs ~ can you repost the link, please? TIA


http://www.cysec.gov.cy/mutual_funds_6_en.aspx

No article, just a list of Cypriot MMFs

Here's the one of JPM pulling all MMFunds from EU (that is until a month ago)

http://mobile.bloomberg.com/news/2012-07...e-cut.html


Thanks, Shadow. cheers.gif

Double shït. This is clutch-button-grab-ass mode and the news is cranking out too slowly to stay up with it.

Thing is, this is the sparky thing in the ammo dump ~ and the worst part for an orderly shut down is that one is not possible with the woolies being hit in their six pack money.

I mean, inflation and increased taxes have gobbled a third or more since 2008 for most people on the planet that have more than a goat and 2 chickens. The hard money in banks is about to disappear and the woolies will haul what they can out en masse and have it ready to shove into the black markets.

The Euro is not strong enough to withstand it and the IMF is whistling in the graveyard of the EU.

I'm thinking torches and pitchforks would be a good sideline right about now.

İmage
03-24-2013, 04:08 PM #123
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-24-2013, 03:45 PM)Octo Wrote:  Meanwhile in Finland:

Quote:Discussions at the informal convention – dubbed "Lapland Retreat 2013" – will focus on the future of Europe.

The meeting’s organisers say that the aim is to bring European leaders together, in an informal and leisurely way, to discuss issues concerning the future of Europe and the European Union .

According to the Ministry for Foreign Affairs, the agenda will not include topical issues and the meeting will not be making decisions or guidelines.

The Lapland Retreat 2013 will be attended by Estonian President Toomas Hendrik Ilves, Latvian Prime Minister Valdis Dombrovskis, Dutch Prime Minister Mark Rutte, Danish Prime Minister Helle Thorning-Schmidt, Croatian Prime Minister Zoran Milanović, Turkish Deputy Prime Minister Ali Babacan, Irish Minister of State for European Affairs Lucinda Creighton, Spanish Secretary of State for the European Union Íñigo Méndez de Vigo, and member of the Executive Board of the European Central Bank Jörg Asmussen.

http://yle.fi/uutiset/european_leaders_i...at/6549335

coffeetime.gif


Um. Finland not invited? Am I missing something? Or did you Finns piss off the EU by holding out for collateral on a Greek bailout? rofl.gif
03-24-2013, 04:14 PM #124
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
No trouble DaJ cheers.gif

I wish I could find that article by Antale Fekete I read a few years ago. He basically said that when the collapse comes, cash will be king, that digital dollars are the next Weimar dollars. So any banked money, any available debt spending is useless. Already Cypriot gas stations are refusing credit cards. Sadly, Cyprus is our canary in the coal mine (and perhaps the final straw) and those who don't pay attention are going to really suffer.
03-24-2013, 04:24 PM #125
Octo Mother Superior
Posts:42,578 Threads:1,469 Joined:Feb 2011
(03-24-2013, 04:08 PM)Shadow Wrote:  Um. Finland not invited? Am I missing something? Or did you Finns piss off the EU by holding out for collateral on a Greek bailout? rofl.gif


Finland hosted this cozy meeting. chuckle.gif
03-24-2013, 04:28 PM #126
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-24-2013, 04:14 PM)Shadow Wrote:  No trouble DaJ cheers.gif

I wish I could find that article by Antale Fekete I read a few years ago. He basically said that when the collapse comes, cash will be king, that digital dollars are the next Weimar dollars. So any banked money, any available debt spending is useless. Already Cypriot gas stations are refusing credit cards. Sadly, Cyprus is our canary in the coal mine (and perhaps the final straw) and those who don't pay attention are going to really suffer.


I think Iceland was the canary and because they were the 1st under the wire, they fared better (relatively) than Cyprus and the rest of the EU will...and consequently the rest of the globe.

With a canary you have time to leave the mine shaft...there is no time and Cyprus is the 1st to fall and get stuck in the ladder and the PIIGS are bunched up at the bottom of the ladder ~ no one can get past them.

We've all known for years that only PM are true money. Paper can wipe yer ass and digital is vapor.
03-24-2013, 04:33 PM #127
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-24-2013, 04:24 PM)Octo Wrote:  
(03-24-2013, 04:08 PM)Shadow Wrote:  Um. Finland not invited? Am I missing something? Or did you Finns piss off the EU by holding out for collateral on a Greek bailout? rofl.gif


Finland hosted this cozy meeting. chuckle.gif


I was afraid of that chuckle.gif

I have a question. What is Lapland to Finland?
03-24-2013, 04:38 PM #128
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-24-2013, 04:28 PM)DaJavoo Wrote:  I think Iceland was the canary and because they were the 1st under the wire, they fared better (relatively) than Cyprus and the rest of the EU will...and consequently the rest of the globe.

With a canary you have time to leave the mine shaft...there is no time and Cyprus is the 1st to fall and get stuck in the ladder and the PIIGS are bunched up at the bottom of the ladder ~ no one can get past them.

We've all known for years that only PM are true money. Paper can wipe yer ass and digital is vapor.


Cash will be king for a short time until Mugabenomics lol.
03-24-2013, 04:49 PM #129
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-24-2013, 04:38 PM)Shadow Wrote:  Mugabenomics


rofl.gif Fer reel.
03-24-2013, 04:50 PM #130
Octo Mother Superior
Posts:42,578 Threads:1,469 Joined:Feb 2011
(03-24-2013, 04:33 PM)Shadow Wrote:  
(03-24-2013, 04:24 PM)Octo Wrote:  
(03-24-2013, 04:08 PM)Shadow Wrote:  Um. Finland not invited? Am I missing something? Or did you Finns piss off the EU by holding out for collateral on a Greek bailout? rofl.gif


Finland hosted this cozy meeting. chuckle.gif


I was afraid of that chuckle.gif

I have a question. What is Lapland to Finland?


It's the name of our northernmost region, but also a cultural area that spans over Finland, Sweden, Norway and Russia, The Sami call the area Sápmi.

Lapland:
İmage

Sápmi:
İmage
03-24-2013, 04:53 PM #131
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
Ukip urges Brits to withdraw their money from Spanish banks

The bunch up at the bottom of the ladder...
03-24-2013, 05:03 PM #132
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
(03-24-2013, 04:50 PM)Octo Wrote:  It's the name of our northernmost region, but also a cultural area that spans over Finland, Sweden, Norway and Russia, The Sami call the area Sápmi.


hug.gif Thank you, I always wondered about Lapland. I remember reading a book called The Golden Pine Cone that I think was set there. I didn't realize it was part of Finland.
03-24-2013, 05:10 PM #133
Octo Mother Superior
Posts:42,578 Threads:1,469 Joined:Feb 2011
Meeting in Brussels underway. agent_smith.gif

If Cyprus fails to agree, it faces economic collapse on Tuesday and could become the first country to depart the eurozone altogether.

The move is among a package of emergency fundraising measures designed to persuade eurozone officials to agree to a €10billion bail-out deal over the weekend.

Olli Rehn, the European Economic and Monetary Affairs Commissioner, said it was essential that eurozone finance ministers reached an agreement on a rescue deal on Sunday.

“There are only hard choices left,” he said.

http://www.telegraph.co.uk/finance/finan...ghway.html

Got beer? drinking.gif
03-24-2013, 05:12 PM #134
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
In Brussels EUhaha.gif

that's a brilliant gif. For €10billion Cyprus is being shoved under the bus sad2.gif
03-24-2013, 05:25 PM #135
DaJavoo If looks could kilt
Posts:1,850 Threads:45 Joined:Mar 2011
(03-24-2013, 05:10 PM)Octo Wrote:  Meeting in Brussels underway. agent_smith.gif

If Cyprus fails to agree, it faces economic collapse on Tuesday and could become the first country to depart the eurozone altogether.

The move is among a package of emergency fundraising measures designed to persuade eurozone officials to agree to a €10billion bail-out deal over the weekend.

Olli Rehn, the European Economic and Monetary Affairs Commissioner, said it was essential that eurozone finance ministers reached an agreement on a rescue deal on Sunday.

“There are only hard choices left,” he said.

http://www.telegraph.co.uk/finance/finan...ghway.html

Got beer? drinking.gif



(03-24-2013, 05:12 PM)Shadow Wrote:  In Brussels EUhaha.gif

that's a brilliant gif. For €10billion Cyprus is being shoved under the bus sad2.gif


Odd ~ the article said not ONE word about the 'conditions' (re: what's in it for the EU) ~ it's like they are completely unaware of the plume of LNG Cyprus sits on. rofl.gif



Home 




 



DISCLAIMER / Terms of Service (TOS):
Kritterbox.com - Socialize anonymously, commentary, discussion, oddities, technology, music and more!  This website is provided "as is" without warranty of any kind, either expressed or implied. kritterbox.com shall not be liable for any damages whatsoever, including, without limitation, those resulting from loss of use, data or profits, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of this site or other documents which are referenced by or linked to this site.
This website exists solely for the purposes of exchange of information, communication and general entertainment. Opinions from posters are in no way endorsed by kritterbox.com. All posts on this website are the opinion of the authors and are not to be taken as statements of fact on behalf of kritterbox.com. This site may contain coarse language or other material that kritterbox.com is in no way responsible for. Material deemed to be offensive or pornographic at the discretion of kritterbox.com shall be removed. kritterbox.com reserves the right to modify, or remove posts and user accounts on this website at our discretion. kritterbox.com disclaims all liability for damages incurred directly or indirectly as a result of any material on this website. Fictitious posts and any similarity to any person living or dead is coincidental.
All users shall limit the insertion of any and all copyrighted material to portions of the article that are relevant to the point being made, with no more than 50%, and preferably less of the original source material. A link shall be visible in text format, embedded directly to the original source material without exception.
No third party links, i.e. blogs or forums will be accepted under any circumstances, and will be edited by staff in order to reflect the original source of copyrighted material, or be removed at the sole discretion of kritterbox.com.
Fair Use Notice:
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. Users may make such material available in an effort to advance awareness and understanding of issues relating to economics, individual rights, international affairs, liberty, science, and technology. This constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C.Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for educational and/or research purposes.
This Disclaimer is subject to change at any time at our discretion.
Copyright © 2011 - 2017 kritterbox.com