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(BBC) Obvious IMF says the eurozone crisis puts us in the "danger zone," or "just the tip" of a broader global economic crisis   (bbc.co.uk) divider line 100
More: Obvious, International Monetary Fund, advanced economies, UK economy, Christine Lagarde, WTO, global economy  
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2230 clicks; posted to Main » on 24 Jan 2012 at 3:00 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



100 Comments   (+0 »)
   
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2012-01-24 12:58:54 PM
I blame Kenny Loggins.
 
2012-01-24 01:12:11 PM
assets.diylol.com
 
2012-01-24 01:16:56 PM
Call Kenny Loggi.......DAMMIT!
 
2012-01-24 01:20:11 PM
Wait...I had something.
 
2012-01-24 01:26:00 PM
Talk to me Goose
 
2012-01-24 01:26:42 PM
Sybarite: Wait...I had something.

Was it Kenny Loggins?
 
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.
 
2012-01-24 02:03:02 PM
Sybarite: Wait...I had something.

And now you've got ants.
 
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.
 
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?
 
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.
 
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.
 
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!
 
2012-01-24 02:19:56 PM
archer references are outnumbering populist rage comments so far. good work farkers, good work.
 
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.
 
2012-01-24 02:42:45 PM
This whole thread is now being read in H. Jon Benjamin's voice.
 
2012-01-24 02:58:35 PM
Lana. . . . . Lana . . . . Lana . . . . LAAANNAAAAAA


WHAT?!

danger zone
 
2012-01-24 03:02:22 PM
Just the tip?

Well then we'd better circumcise the problem.
 
2012-01-24 03:02:49 PM
Came for Archer references, left happy.

"Uhh, uhh, crap... Eat grenades, stupid!"
 
2012-01-24 03:03:13 PM
Came here for Archer.

/leaving satisfied
 
2012-01-24 03:03:25 PM
Because how hard is it to poach a goddamn egg properly?
 
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".
 
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.
 
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
 
2012-01-24 03:06:55 PM
Meowschwitz.
 
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.
 
2012-01-24 03:08:19 PM
MBooda: Just the tip?

Well then we'd better circumcise the problem.


phrasing
 
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
 
2012-01-24 03:08:44 PM
3.bp.blogspot.com
 
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!
 
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.
 
2012-01-24 03:11:01 PM
I don't know if they grade it, but...coarse.
 
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.
 
2012-01-24 03:11:35 PM
IMF has lost that loving feeling for the EU.
 
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.
 
2012-01-24 03:14:31 PM
Atomic Spunk: Balls

Benoit!
 
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.
 
2012-01-24 03:15:05 PM
balls deep. rob.
 
2012-01-24 03:15:11 PM
James!: [assets.diylol.com image 510x312]

Came for this. Leaving satisfied.
 
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?
 
2012-01-24 03:18:24 PM
The new season of Archer sucks more then subby's mom.
 
2012-01-24 03:18:50 PM
Splinshints: Archer

Oh my god, that is just so classic fark.
 
2012-01-24 03:20:21 PM
Is there a highway we can take to get there?
 
2012-01-24 03:20:33 PM
Archer refereces....in my business tab?

SPLOOSH!
 
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
 
2012-01-24 03:20:50 PM
Dinobot: [3.bp.blogspot.com image 400x300]

fbcdn-sphotos-a.akamaihd.net

Damn you. I thought I'd be the first to get to this while everyone was Archer distracted.
 
2012-01-24 03:22:02 PM
i.imgur.com

What "A Danger Zone" might look like

/knew a direct Kenny Loggins ref was a no go
 
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
 
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.


3.bp.blogspot.com
 
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