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IMF says the eurozone crisis puts us in the "danger zone," or "just the tip" of a broader global economic crisis
(
bbc.co.uk
)
100
More:
Obvious
,
International Monetary Fund
,
advanced economies
,
UK economy
,
Christine Lagarde
,
WTO
,
global economy
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24 Jan 2012
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I_C_Weener
2012-01-24 12:58:54 PM
I blame Kenny Loggins.
James!
2012-01-24 01:12:11 PM
WTF Indeed
2012-01-24 01:16:56 PM
Call Kenny Loggi.......DAMMIT!
Sybarite
2012-01-24 01:20:11 PM
Wait...I had something.
MaudlinMutantMollusk
2012-01-24 01:26:00 PM
Talk to me Goose
Negligible
2012-01-24 01:26:42 PM
Sybarite
:
Wait...I had something.
Was it Kenny Loggins?
Negligible
2012-01-24 01:42:21 PM
Yeah, at any rate, get ready to see the credit markets freeze up again, probably in March. That's when the Greek debt comes due and they either go into selective default (preferable) or full-blown default (OMGWTFBBQ!). Either way, the credit default swaps are going to come due.
Why? Because the banks refuse to deal with the Greeks and write down what the Germans and IMF are requiring for a deal. They're already treading water and can't take that bad of a hit. Also, some dumbasses insured Greek debt and now they're going to go under because the banks refuse to go under, unless of course the banks are the ones who insured Greek debt, in which case they're hosed anyway and this is all kabuki theater.
elvisaintdead
2012-01-24 02:03:02 PM
Sybarite
:
Wait...I had something.
And now you've got ants.
Angry Drunk Bureaucrat
2012-01-24 02:10:10 PM
elvisaintdead
:
Sybarite: Wait...I had something.
And now you've got ants.
Oh god you could drown a toddler in my panties right now.
Nadie_AZ
2012-01-24 02:13:37 PM
Why can't we just take the bankers out around behind the woodshed and stick them in the wood chipper?
James!
2012-01-24 02:15:44 PM
Nadie_AZ
:
Why can't we just take the bankers out around behind the woodshed and stick them in the wood chipper?
Why would you have the wood chipper behind the woodshed? Wouldn't you want it in a shed of it's own to prevent rust? Why would you want to go to the back of the woodshed to use it? It's not like you're going to be chipping wood from that shed, you'd be doing branches and bankers and whatnot. The woodshed would be used for firewood.
What I'm saying is that your plan makes no sense.
Nadie_AZ
2012-01-24 02:18:16 PM
James!
:
Nadie_AZ: Why can't we just take the bankers out around behind the woodshed and stick them in the wood chipper?
Why would you have the wood chipper behind the woodshed? Wouldn't you want it in a shed of it's own to prevent rust? Why would you want to go to the back of the woodshed to use it? It's not like you're going to be chipping wood from that shed, you'd be doing branches and bankers and whatnot. The woodshed would be used for firewood.
What I'm saying is that your plan makes no sense.
I've seen the error of my ways. Let's put it in the woodshed.
I_Am_Weasel
2012-01-24 02:19:14 PM
Nadie_AZ
:
Why can't we just take the bankers out around behind the woodshed and stick them in the wood chipper?
Wood imfs!
thomps
2012-01-24 02:19:56 PM
archer references are outnumbering populist rage comments so far. good work farkers, good work.
James!
2012-01-24 02:26:39 PM
thomps
:
archer references are outnumbering populist rage comments so far. good work farkers, good work.
Mine is a populist Archer reference.
Angry Drunk Bureaucrat
2012-01-24 02:42:45 PM
This whole thread is now being read in H. Jon Benjamin's voice.
I Said
2012-01-24 02:58:35 PM
Lana. . . . . Lana . . . . Lana . . . . LAAANNAAAAAA
WHAT?!
danger zone
MBooda
2012-01-24 03:02:22 PM
Just the tip?
Well then we'd better circumcise the problem.
NallTWD
2012-01-24 03:02:49 PM
Came for Archer references, left happy.
"Uhh, uhh, crap... Eat grenades, stupid!"
Egoy3k
2012-01-24 03:03:13 PM
Came here for Archer.
/leaving satisfied
fruitloop
2012-01-24 03:03:25 PM
Because how hard is it to poach a goddamn egg properly?
Grand Architect
2012-01-24 03:03:41 PM
IMF says the eurozone crisis puts us in the "danger zone," or "just the tip" of a broader global economic crisis
Ladies (and some gentlemen) no matter what they say, it will never be "just the tip".
Atomic Spunk
2012-01-24 03:05:38 PM
""Last year the IMF was clear that if growth undershot expectations then the British government should reconsider the pace of spending cuts and tax rises which choked off our recovery well before the recent eurozone crisis, pushed up unemployment and has seen borrowing forecasts soar," said
Mr Balls
."
This made me laugh.
Jacobin
2012-01-24 03:06:07 PM
Maybe this will finish off the top five too big to fail(tm) US banks who have trillions in idiotic CDS obligations/bets. Or maybe they'll just continue to ignore the contractual obligations.
Either way we have a long way to go before we see signs of actual solvency in the banks
gonzojohn
2012-01-24 03:06:55 PM
Meowschwitz.
vernonFL
2012-01-24 03:07:26 PM
Kenny Loggins sang a cheesy 80's song called "Danger Zone" and it was featured in the cheesy 80's movie "Top Gun".
I don't know if you guys knew that.
AKTurkey
2012-01-24 03:08:19 PM
MBooda
:
Just the tip?
Well then we'd better circumcise the problem.
phrasing
zerkalo
2012-01-24 03:08:27 PM
If only there a road of some kind in and out of that place. A highway, if you will
Dinobot
2012-01-24 03:08:44 PM
beta_plus
2012-01-24 03:09:06 PM
Gemany: You two [Greece and Italy] really are cowboys.
Greece: What's your problem, Germany?
Germnay: You're everyone's problem. That's because every time you go hold a bond auction, you're unsafe. I don't like you because you're dangerous.
Greece: That's right! Ger... many. I am dangerous.
/GREECE! Your ego is writing checks your body can't cash!
LeroyBourne
2012-01-24 03:10:05 PM
You don't want to be near that thing, tip, tongue or not if she's in the danger zone.
LarryDan43
2012-01-24 03:11:01 PM
I don't know if they grade it, but...coarse.
bastian_74
2012-01-24 03:11:20 PM
Please Watch This
(new window) if you want to understand what a growth economy really means.
Anyone who believes you can have infinite exponential growth on a finite planet is either a madman or an economist.
Persnickety
2012-01-24 03:11:35 PM
IMF has lost that loving feeling for the EU.
Splinshints
2012-01-24 03:11:46 PM
Now I have to go watch Archer clips on Youtube for the remainder of the day. Thanks for ruining my productivity. AGAIN.
Angry Drunk Bureaucrat
2012-01-24 03:14:31 PM
Atomic Spunk
:
Balls
Benoit!
AKTurkey
2012-01-24 03:14:37 PM
bastian_74
:
Please Watch This (new window) if you want to understand what a growth economy really means.
Anyone who believes you can have infinite exponential growth on a finite planet is either a madman or an economist.
Please Watch This
(new window) if you don't want to understand what a growth economy really means.
some_beer_drinker
2012-01-24 03:15:05 PM
balls deep. rob.
StevetheSkull
2012-01-24 03:15:11 PM
James!
:
[assets.diylol.com image 510x312]
Came for this. Leaving satisfied.
stratagos
2012-01-24 03:15:42 PM
vernonFL
:
Kenny Loggins sang a cheesy 80's song called "Danger Zone" and it was featured in the cheesy 80's movie "Top Gun".
I don't know if you guys knew that.
They made Westerns in the 80's?
Ehh
2012-01-24 03:17:09 PM
Well, will this at least be one of those hunky-guys-playing-shirtless-volleyball world depressions?
que.guero
2012-01-24 03:18:24 PM
The new season of Archer sucks more then subby's mom.
AKTurkey
2012-01-24 03:18:50 PM
Splinshints
:
Archer
Oh my god, that is just so classic fark.
JackieRabbit
2012-01-24 03:20:21 PM
Is there a highway we can take to get there?
cycoivan
2012-01-24 03:20:33 PM
Archer refereces....in my business tab?
SPLOOSH!
AKTurkey
2012-01-24 03:20:44 PM
que.guero
:
The new season of Archer sucks more then subby's mom.
/must be an anthropologist
//go back to studying spiders, why don't ya
bighasbeen
2012-01-24 03:20:50 PM
Dinobot
:
[3.bp.blogspot.com image 400x300]
Damn you. I thought I'd be the first to get to this while everyone was Archer distracted.
Somacandra
2012-01-24 03:22:02 PM
What "
A Danger Zone
" might look like
/knew a
direct
Kenny Loggins ref was a no go
TrainingWheelsNeeded
2012-01-24 03:22:04 PM
beta_plus
:
Gemany: You two [Greece and Italy] really are cowboys.
Greece: What's your problem, Germany?
Germnay: You're everyone's problem. That's because every time you go hold a bond auction, you're unsafe. I don't like you because you're dangerous.
Greece: That's right! Ger... many. I am dangerous.
/GREECE! Your ego is writing checks your body can't cash!
nice
Dinobot
2012-01-24 03:23:10 PM
bighasbeen
:
Dinobot: [3.bp.blogspot.com image 400x300]
[fbcdn-sphotos-a.akamaihd.net image 395x225]
Damn you. I thought I'd be the first to get to this while everyone was Archer distracted.
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