Monday, May 03, 2010
Classic Denninger!
The Market Ticker: Greek Dog Squeeze Now Accepted At ECB
Congratulations Europe, you have now demonstrated that your central bank is and has been issuing dog turds disguised as Euro bank notes.
If Germany has an ounce of sense they will withdraw from the Euro and return to the Deutche Mark post-haste.
Posted by devo @ 07:29 PM (816 views) Add Comment
6 Comments
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1. devo said...
today’s decision was a reversal for ECB President Jean-Claude Trichet, who began the year saying the ECB would not change its "collateral policy for the sake of any particular country."
what the ECB does for Greece, it may now feel obliged to do for Portugal and Spain
http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=MY&date=20100503&id=11473650
2. vinrouge said...
Maybe a dog turd euro will soon be equal to a cat sh!t dollar or a bird poo pound.
They used to be made of paper, but now as they mostly exist virtually you can't even wipe your @rse with them.
3. devo said...
guano is a most useful commodity
4. happy mondays said...
eeeeeemmmmmmmm quano ,,, to a dung beetle you now are talking !
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