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Europe should allow all cash into their banks no questions asked about where it came from. Hundreds of Billions will flow back into European banks overnight, The likes of Switserland and the UK will be hit in the heart and it won't cost the people one penny.

Contrary to popular belief a lot of Europeaners would actually welcome an external intervention on their economy as they have witnessed their elected politicians either can't solve it or won't solve it cause they are too linked with their pressure groups, or just too corrupt.

So, what's the plan...Buy on the next restructuring and the next 10 for 1 split?

We will all be driving camels in 5 years.

http://static.tijd.be/upload/WEO_3210414-815236.pdf Let's start the: They are just selling their OPEC book VS we will all be driving camels in 5 years discussion shall we?

The gold market.

Put it all in golden coins and go to the beach.

To be fair Iceland is barrely a country. 300K citizens...:)

I got this in my mailbox yesterday... Type Obligation Marché Secondaire Devise EUR Coupon annoncé 4,25 % Maturité 01/08/2014 Prix au 08/11/2011 9h00 95,50 Rendement annuel brut annoncé 6,15 % Investissement minimum pour profiter de cette promotion 10.000 EUR Taille de...

Next up, Markets rally cause Berlusconi might stay in office...:p

It's funny but I'm Belgian and just as Italian household wealth it doubled since 2000 or so. Has to be simply inflation really for a significant part.

Italians do have hundreds of Billions stashed in Switserland...:) Europe should allow all money to be put in the banks without questioning its origin.

Daal, I believe the Austrian school has different interpretations and different representatives. Mises was no Rothbard and he was no Hayek. I would think a part of the school is hard core hard currency and another part is more anti intervention so a 2 floor building collapses rather then a...

Print more money goddamnit....

i believe Austrians support the solution of letting currencies find their own value without intervention and if that means bad news at least you can start rebuilding from the bottom. But anyway, who cares about ideologic stuff like that when Rome is burning right... An old Faber quote...

They probably need the cash to buy Krugerrands right...:D

Martin, did you know Deutsche just made their Belgian branch an integral part of their German mother company. They now advertise with 100% savings guarantee by the German state and I take it some of those billions will get slushed elsewhere to cover some holes right....

Hong Kong is supposed to be allowed to go by their own rules until the 2040's....

I just read somewhere else about how Chinese influence on Hong Kong is growing fast. Retiring police men or state workers are getting replaced by Bejing signature... Hong Kong TV is force to play the Chinese anthem several times a day, Television shows about how wonderfull life was during...

So, looking back... Should they in 2008 not have nationalised all the banks and split them up in good and bad entities.... As the cost of the road taken keeps rising surely there has to be a point where the other option would have been cheaper. It would have probably also been a wise...