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(CNBC) Scary ECB must act or else it's game over. Then it's going to be ↑, ↑, ↓, ↓, ←, →, ←, →, B, A or the ECB better hope they have a Game Genie   (cnbc.com) divider line 26
More: Scary, European Central Bank, Game Genie, secondary markets  
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1242 clicks; posted to Business » on 29 Nov 2011 at 10:48 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



26 Comments   (+0 »)
   
 
2011-11-29 10:57:05 AM
Nah. If the Eurozone goes down, the ECB will just hold down A and B and steal some lives from the US Federal Reserve, or the IMF.
 
2011-11-29 10:57:14 AM
Nice, subby...
 
bow [TotalFark]
2011-11-29 11:00:24 AM
I'm guessing Subby is a fan of the Moldy Peaches.
 
2011-11-29 11:01:40 AM
This is a bond hunt!
 
2011-11-29 11:14:19 AM
Stick a fork in it.
 
2011-11-29 11:23:30 AM
If the Euro goes away maybe I can spend my old Lira again!
 
2011-11-29 11:27:18 AM
Just call Goldman Sachs in. They'll package the euro debt into three packages. The Prime portion will be actually the worst crap and it'll be sold to widows' and orphans' retirement funds at a 3% return with credit default swaps to insure the solvency issued by AIG. The second portion will be the B credit and will have a 15% return with credit default swaps issued by the City of Birmingham. The A credit portion will be labeled as junk bonds, with a 29% return, funded by DIP financing through American Airlines bankruptcy proceeding. The DIP participants will be Goldman Sachs partners' personal funds. All will be blessed and rated by Moodys for a small fee.

The Goldman Sachs fee will be ownership of Switzerland and the first born children of the Prince of Wales to be held as collateral.
 
2011-11-29 11:30:47 AM
I'm not sure that even the Contra code can save the ECB now.
 
2011-11-29 11:43:07 AM
img.photobucket.com
 
2011-11-29 01:22:34 PM
Don't forget the ECB will need to pick up the spread gun too if they hope to make it to the boss.
 
2011-11-29 01:27:30 PM
Watching the Eurozone is like watching an animal caught in a trap.
 
2011-11-29 02:33:08 PM
jjorsett: Watching the Eurozone is like watching an animal caught in a trap.

So when do we get drunk and start peeing on them from just outside their reach?
 
2011-11-29 02:45:32 PM
What the hell is a "bund"?
 
2011-11-29 02:47:53 PM
mod3072: What the hell is a "bund"?

A German government bond.
 
2011-11-29 03:22:19 PM
What we need is for the ECB to go on the offensive!
i82.photobucket.com
 
2011-11-29 03:25:45 PM
Hydra: mod3072: What the hell is a "bund"?

A German government bond.


I see. Thanks. I thought maybe it was a typo, but I wasn't sure. I learned something today!
 
2011-11-29 04:07:34 PM
Hydra: jjorsett: Watching the Eurozone is like watching an animal caught in a trap.

So when do we get drunk and start peeing on them from just outside their reach?


February.

Eh, if the rest of the world farks up harder than us, well, then we win. It's like we're the smartest retard at retard camp. Dumb, but smart enough not to piss on the electric fence.
 
2011-11-29 04:52:05 PM
Parthenogenetic: Nah. If the Eurozone goes down, the ECB will just hold down A and B and steal some lives from the US Federal Reserve, or the IMF.



macromon.files.wordpress.com

The ECB realized they are not the stupidest guys in the room. That would be the Fed, who WILL bail them out. So the ECB is thinking why pay for something when they can have the stupid and gulliable American taxpayers (both current ones and those that haven't even been born yet) bail you out again?

Benny and the Inkjets are going to have a busy couple of months.
 
2011-11-29 05:13:38 PM
Here's how Herman Cain would do it.

Turn off your auto budget and spend all of your money. Set all of your tax and funding levels to 0%. When the annual tax screen appears hold L, select "Go with figures", and the regular screen will return. While continuing to hold L, press X(2) to skip to January. Choose the tax option from the menu and raise all of your funding levels back to 100%. Leave the tax level at 0%. Select "Go with figures" and proceed to the main screen. Release L and your funds should now show all 9s.
 
2011-11-29 05:21:47 PM
Valarius: Here's how Herman Cain would do it.

Turn off your auto budget and spend all of your money. Set all of your tax and funding levels to 0%. When the annual tax screen appears hold L, select "Go with figures", and the regular screen will return. While continuing to hold L, press X(2) to skip to January. Choose the tax option from the menu and raise all of your funding levels back to 100%. Leave the tax level at 0%. Select "Go with figures" and proceed to the main screen. Release L and your funds should now show all 9s.


By god. He's right!
 
2011-11-29 05:29:05 PM
The EUSSR has run out of other peoples money.
 
2011-11-29 07:16:00 PM
Jacobin: Just call Goldman Sachs in. They'll package the euro debt into three packages. The Prime portion will be actually the worst crap and it'll be sold to widows' and orphans' retirement funds at a 3% return with credit default swaps to insure the solvency issued by AIG. The second portion will be the B credit and will have a 15% return with credit default swaps issued by the City of Birmingham. The A credit portion will be labeled as junk bonds, with a 29% return, funded by DIP financing through American Airlines bankruptcy proceeding. The DIP participants will be Goldman Sachs partners' personal funds. All will be blessed and rated by Moodys for a small fee.

The Goldman Sachs fee will be ownership of Switzerland and the first born children of the Prince of Wales to be held as collateral.


I don't know if this was intentional or not, but you just picked stuff from 2 major currencies that aren't the Euro for things Goldman Sachs wanted for their "fee". :P
 
2011-11-30 03:08:38 AM
Valarius: Here's how Herman Cain would do it.

Turn off your auto budget and spend all of your money. Set all of your tax and funding levels to 0%. When the annual tax screen appears hold L, select "Go with figures", and the regular screen will return. While continuing to hold L, press X(2) to skip to January. Choose the tax option from the menu and raise all of your funding levels back to 100%. Leave the tax level at 0%. Select "Go with figures" and proceed to the main screen. Release L and your funds should now show all 9s.


That sounds like how Simcity worked. You'd keep everyone happy by running a 0% tax rate, but but by the end of the month, you'd pause the simulation and set it to 100%, cash in, pause again and reset it to 0%

The Sims never caught on.
 
2011-11-30 03:22:55 AM
spawn73: Valarius: Here's how Herman Cain would do it.

Turn off your auto budget and spend all of your money. Set all of your tax and funding levels to 0%. When the annual tax screen appears hold L, select "Go with figures", and the regular screen will return. While continuing to hold L, press X(2) to skip to January. Choose the tax option from the menu and raise all of your funding levels back to 100%. Leave the tax level at 0%. Select "Go with figures" and proceed to the main screen. Release L and your funds should now show all 9s.

That sounds like how Simcity worked. You'd keep everyone happy by running a 0% tax rate, but but by the end of the month, you'd pause the simulation and set it to 100%, cash in, pause again and reset it to 0%

The Sims never caught on.


Ah yes, the secret tax. The plan where the IRS stormed into every house and took the money. Unnoticed. In a single night. It's like reverse-christmas, except they raid your pantry for your cookies, too.
 
2011-11-30 07:42:25 AM
spawn73: Valarius: Here's how Herman Cain would do it.

Turn off your auto budget and spend all of your money. Set all of your tax and funding levels to 0%. When the annual tax screen appears hold L, select "Go with figures", and the regular screen will return. While continuing to hold L, press X(2) to skip to January. Choose the tax option from the menu and raise all of your funding levels back to 100%. Leave the tax level at 0%. Select "Go with figures" and proceed to the main screen. Release L and your funds should now show all 9s.

That sounds like how Simcity worked.


SimCity for the SNES, I believe.
 
2011-11-30 10:12:28 AM
Probably all platforms, I did it on the Amiga.

The Sims weren't really that rational. Ie. once they decided an area was a ghetto, you couldn't do anything about it.

Though, it also worked the other way, you could pause the game, delete railroad tracks, thus trapping a train under water. Reconnect the tracks a few years later and they'd reemerge, seemingly unharmed.
 
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