Comments on: A lovely little detail from Switzerland

By: Physiocrat

Physiocrat — Wed, 29 Jun 2011 10:15:01 +0000

What are they putting in those boxes? Pieces of Eight? Or pieces of paper?

If the latter, then nobody has to accept that they are of any value

By: 24K

24K — Sun, 26 Jun 2011 14:41:41 +0000

Hey thanks Ewan, I'm bearish clocks but cheese with holes, mmmmm.

Always take physical delivery too that's my advice.

Silver Shades Wouldn't it be cool if everybody had mirrored shades?

Yes, the answer is yes.

By: Sean

Sean — Sun, 26 Jun 2011 09:35:58 +0000

Never mind , the communists [party of china will pony up the money to fill the gap. How ironic one group of corrupt statists bailing out another group of corrupt statists, at least until the next crisis comes along.

I wonder what the communists of China want in return? a bit more than a crap bit of paper the Americans gave them I should imagine.

I think for EUrope its pull your pants down, bend over and smile even if it hurts time.

The germans are already selling them dual use machinery and technology.

By: Golem XIV - Thoughts

Golem XIV - Thoughts — Sun, 26 Jun 2011 09:25:20 +0000

Lars,

Done. Thanks

By: Lars Eirik

Lars Eirik — Sun, 26 Jun 2011 07:24:59 +0000

Yes, you should really list the Michael Hudson web page among your external links…

http://michael-hudson.com

By: richard in norway

richard in norway — Sat, 25 Jun 2011 11:18:40 +0000

Capital flight to Switzerland has caused the swiss franc's to get stronger, a lot stronger. All those eastern Europeans with debts denominated in swiss franc's are really hurting, which in turn hurts the banks which are heavily exposed in that region. I wonder if that was what was behind the plunge in Unicredit's shareprice yesterday, it went down so fast that they had to suspend trading for a few hours

I really feel for the eastern Europeans, they have switched to a capitalist system just in time for the collape and they get hit first and hardest, so far at least. We should all keep our eyes on Hungery, I don't know how much pain they can take but the backlash must be coming soon

By: steviefinn

steviefinn — Sat, 25 Jun 2011 09:13:48 +0000

Mr. Lipsky of the IMF, laying down the law. Intergration of labour markets, etc.

http://euobserver.com/9/32518

By: Ewan

Ewan — Fri, 24 Jun 2011 22:18:54 +0000

Nice work, 24K.
I'm also bullish on Toblerone, cuckoo-clocks and cheese with holes in it.

Another good piece from Michael Hudson today, he seems to be getting angrier and angrier.

http://michael-hudson.com/2011/06/whither-greece/

By: Zerocrop

Zerocrop — Fri, 24 Jun 2011 21:34:49 +0000

The European Financial Crisis explained in three minutes

http://www.youtube.com/watch?v=NOzR3UAyXao

By: 24K

24K — Fri, 24 Jun 2011 20:43:39 +0000

You made me do that wheezy type laugh.

A song dedicated to UKuncut

When the zombie banker get cut
They're gonna be some hope a glory
WTZBGC
It won't matter if your Labour or Tory
WTZBGC
It ain't gonna be that gory
WTZBGC
It gonna be the end of the story (or the ZBDS story at least)

It's not finished, some of the words are wrong blah blah, it's for a video fimled at UKuncut protests and it's jazzy this time rather than metal.

That's where I've put all my spare cash too aswell mind, Toblerone.