Monday, May 3, 2010

Classic Denninger!

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 (1188 views)
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4 thoughts on “Classic Denninger!

  • 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

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  • 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.

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  • guano is a most useful commodity

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  • happy mondays says:

    eeeeeemmmmmmmm quano ,,, to a dung beetle you now are talking !

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