ES Journal Archive (2009 - 2010)

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Quote from codliver:

When i realize the dead cold cold campfires i find each day are mine i have to ask myself " am i ever going to find my way out of here?"

Of course you are.

Just ask the nearest squirrel to introduce you to an expert guide ... I seem to recall his name is PRICE ... then just follow him
 
someone on slope this morning translated a german news piece, the gyst of it was that AIG is liable for some of that greek debt thru insured credit default swaps (cds)
 
Quote from ammo:

someone on slope this morning translated a german news piece, the gyst of it was that AIG is liable for some of that greek debt thru insured credit default swaps (cds)

That is the rumour and if true no doubt it will drag the FED into supporting AIG once again.

The Greek spot of bother is just the thin end of the next global wedge I imagine.
Chances of stagflation grow by the week.
 
Quote from ammo:

not sure but i think they (Fed)are AIG

exactly.

Can you imagine the Greek Taxpayers (as few as there are) being bailed out by a socialist global Insurer underwritten by Tax Payers from The Land of the Free.

"Irony" does not quite cover it.
 
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