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Most Viewed Thread Brendan Keenan's "Bleak Omens" for Europe!

Are you glad that this Economics Thread is the Biggest Thread of all on P.irish?


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#21
RE: Brendan Keenan's "Bleak Omens" for Europe!

[font=Arial, sans-serif][/font]
[font=Arial, sans-serif][font=Arial, sans-serif]David Hall[/font] [font=Arial, sans-serif]Following[/font]
[img=48x48]https://pbs.twimg.com/profile_images/586515332531036160/qqqYjPtR_bigger.jpg[/img]@davidhall75[/font]


[font=Arial, sans-serif]David Hall Retweeted Seamus Coffey[/font]

[font=Arial, sans-serif]banks trying to repo 20,000 homes with more to come . Not ok just because the process is slow & cumbersome  [/font]
 
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#22
RE: Brendan Keenan's "Bleak Omens" for Europe!

[font=Arial, sans-serif][/font]
[font=Arial, sans-serif][img=48x48]https://pbs.twimg.com/profile_images/2584598345/f9hffjliy6bmdd7zzq7j_bigger.jpeg[/img]Peter Schiff ‏@PeterSchiff  Jan 15[/font]

[font=Arial, sans-serif]My Yahoo! Finance spot – What Will the Fed Blame the Coming Recession On? @SchiffGold http://bit.ly/1SmjDyT [/font]

[font=Arial, sans-serif][font=Arial, sans-serif][img=48x48]https://pbs.twimg.com/profile_images/2584598345/f9hffjliy6bmdd7zzq7j_bigger.jpeg[/img]Peter Schiff ‏@PeterSchiff  Jan 14[/font]

[font=Arial, sans-serif]To save the stock market while pretending the "recovery" in still on track, the #Fed used low oil prices as its excuse to turn more dovish.[/font][/font]



[img=48x48]https://pbs.twimg.com/profile_images/2584598345/f9hffjliy6bmdd7zzq7j_bigger.jpeg[/img]Peter Schiff ‏@PeterSchiff  Jan 15

CNBC Admits Peter Schiff Was Right @SchiffGold http://bit.ly/1nnHWzS 

Euro%2BDebt%2BCrisis%2BNY.png
                                                                                       Pic 2012 (It's worse since that now)

[font=Arial, sans-serif][img=48x48]https://pbs.twimg.com/profile_images/1824717932/Forbes_Icon_bigger.png[/img]ForbesVerified account@Forbes[/font]

[font=Arial, sans-serif]Goldman Sachs will pay $5.1 billion to end an investigation into mortgage-related misdeeds http://onforb.es/1Wct0jY [/font]
Pg-12-eurozone-graphic.jpg
 
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#23
RE: Brendan Keenan's "Bleak Omens" for Europe!

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[font=Arial, sans-serif][font=Arial, sans-serif]zerohedge ‏[/font][/font]
[font=Arial, sans-serif][img=48x48]https://pbs.twimg.com/profile_images/72647502/tyler_bigger.jpg[/img][/font]
[font=Arial, sans-serif][font=Arial, sans-serif]@zerohedge [/font][font=Arial, sans-serif] Jan 16[/font]
[/font]

[font=Arial, sans-serif]With Draghi On Deck, ECB Mulls Steps To Solve "Non-Existent" Bond Scarcity Problem http://www.zerohedge.com/news/2016-01-16/draghi-deck-ecb-mulls-steps-solve-non-existent-bond-scarcity-problem [/font]
[font=Arial, sans-serif][/font]

BarclaysEGB_0.png



[font=Arial, sans-serif]zerohedge ‏[/font]
[font=Arial, sans-serif][img=48x48]https://pbs.twimg.com/profile_images/72647502/tyler_bigger.jpg[/img][/font]
[font=Arial, sans-serif]@zerohedge  6h6 hours ago[/font]

[font=Arial, sans-serif]ECB quizzes banks about high levels of bad loans - RTRS. It only took 7 years[/font]



Recession At The Gate: JPM Cuts Q4 GDP From 1.0% To 0.1%


[font='Lucida Grande', Verdana, sans-serif]If JPM is right, and if the US economy effectively did not grow in the fourth quarter, this would make it the worst GDP print since Q1 of 2014, and tied for the third worst quarter since 2009, which incidentally was our kneejerk assessment after yesterday's latest round of abysmal economic data.[/font]


[font='Lucida Grande', Verdana, sans-serif]Below is a chart of what US GDP looks like if JPM's forecast proves to be accurate:[/font]

[font='Lucida Grande', Verdana, sans-serif][img=600x384]http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2016/01-overflow/JPM%20GDP_0.jpg[/img][/font]
http://www.zerohedge.com/news/2016-01-16/recession-gate-jpm-cuts-q4-gdp-10-01

 Nitey nitey Bustphobes 
 
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#24
RE: Brendan Keenan's "Bleak Omens" for Europe!

[font=Arial, Helvetica, sans-serif]Hollande declares France is in a 'state of economic emergency' and throws £1.5 BILLION at reducing unemployment[/font]


  • President Francois Hollande claims his country is in 'economic emergency'
  • He has promised £1.5billion in spending to try and reduce unemployment
  • But he has also pledged the money will come from savings, 'not tax rises'
dead-frog-at-road.jpg

http://www.dailymail.co.uk/news/article-3404921/Hollande-declares-France-state-economic-emergency-throws-1-5-BILLION-reducing-unemployment.html
 
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#25

Coldfish

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#26
Oh look, its this thread again.

dOOm,Doom, DoOm DOom DOOm DooM DOONNNNNNNNNMMMMMMMMMMM
 
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#27
RE: Brendan Keenan's "Bleak Omens" for Europe!

banana.gif  As I said befoe Coldy- this is the Doomporn Thread!  banana.gif

banana.gif      Don't Invest here- don't invest there  banana.gif

banana.gif Stick with the Keeno Thread & be an ol Bear  9mm.gif

brown-bear-cub-waving-Kevin-Dietrich-570x375.ashx.jpg
 
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#29
RE: Brendan Keenan's "Bleak Omens" for Europe!

You are so frightened by the Views & Content on the Thread you had to make a silly Post to try and lessen it's impact  :D

You're a Joke son...
 
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#30
RE: Brendan Keenan's "Bleak Omens" for Europe!

[font=NHaasGroteskDSPro-75Bd, 'Helvetica Neue', Helvetica, Arial, sans-serif]Davos Boss Warns Refugee Crisis Could Be Precursor to Something Much Bigger[/font]
[font=TiemposTextWeb-Regular, Georgia, serif]As the crash in commodities prices spreads economic woe across the developing world, Europe could face a wave of migration that will eclipse today’s refugee crisis, says Klaus Schwab, executive chairman of the World Economic Forum.[/font]

[font=TiemposTextWeb-Regular, Georgia, serif]
[/font]


[font=TiemposTextWeb-Regular, Georgia, serif]http://www.bloomberg.com/news/articles/2016-01-18/wef-boss-schwab-warns-commodities-rout-could-spur-more-migration[/font]
 
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#31
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#32
RE: Brendan Keenan's "Bleak Omens" for Europe!

FROM IFSC.IE

[font='Helvetica Neue', Helvetica, Arial, sans-serif]The Germans, founders and funders of the postwar union, shut their borders to refugees in a bid for political survival by the chancellor who let in a million migrants. And then -- why not? -- they decide to revive the Deutschmark while they're at it.[/font]

[font='Helvetica Neue', Helvetica, Arial, sans-serif]That is not the fantasy of diehard Eurosceptics but a real fear articulated at the highest levels in Berlin and Brussels.[/font]


[font='Helvetica Neue', Helvetica, Arial, sans-serif][video=youtube]https://www.youtube.com/watch?v=9SXWX6qg0y4[/video][/font]

[font='Helvetica Neue', Helvetica, Arial, sans-serif] Merkel_Magdeburg_BAU_3_April_1993.jpg [/font]

[font='Helvetica Neue', Helvetica, Arial, sans-serif] Merkel_Magdeburg_BAU_1_April_1993.jpg [/font]

[font='Helvetica Neue', Helvetica, Arial, sans-serif] Merkel_Magdeburg_BAU_4_April_1993.jpg [/font]

[size=small][font='Helvetica Neue', Helvetica, Arial, sans-serif][font='Helvetica Neue', Helvetica, Arial, sans-serif]EU Migration Commissioner Dimitris Avramopoulos, who travels to Berlin on Monday, told the European Parliament last week: "The situation is getting worse."[/font]

[font='Helvetica Neue', Helvetica, Arial, sans-serif]The refugee crisis was jeopardising "the very core of the European Union", he said, offering no grounds to be optimistic other than that "optimism is our last line of our defence".[/font][/font]
[/size]


[font='Helvetica Neue', Helvetica, Arial, sans-serif]http://www.ifsc.ie/article.aspx?idnews=367637[/font]

images?q=tbn:ANd9GcQmtyDECmWItkkHoYEoTCLO5BHxaBgIQ_xvHeJ7CxHvuEQD2kgqEQ.jpg

[font='Helvetica Neue', Helvetica, Arial, sans-serif] action-smiley-069.gif  Nitey nitey Cards up the Sleeve Phobes  sleeping-smiley-009.gif [/font]
 
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#33
RE: Brendan Keenan's "Bleak Omens" for Europe!

[font=Georgia, Times, 'Times New Roman', serif]UKIP question on safety of UK lorry drivers dismissed by EU as ‘offensive to migrants'[/font]

[font=Arial, 'Helvetica Neue', Helvetica, sans-serif]UKIP have reacted with fury after they were told they could be refused permission to grill senior eurocrats over the safety of British truck drivers in Calais - after Brussels ruled their question ‘offensive’ to migrants.[/font]

[font=Arial, 'Helvetica Neue', Helvetica, sans-serif] calais-628049.jpg [/font]

[font=Arial, 'Helvetica Neue', Helvetica, sans-serif]http://www.express.co.uk/news/politics/636007/Ukip-Mike-Hookem-MEP-EU-Jean-Claude-Juncker-Calais-refugee-crisis[/font]

BREXIT-TEA-BAG-714x476.jpg
 

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#34
so much information, no time to process it all.
Any chance you could do a daily summary D4?
 
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#35
I said before Coldy- things are moving at Break-neck Speed.

German Govt Ministers have given Merkel just 10 Days to close the Border as 100's of thousands more people surge to Germany.

You won't get time to process kid - it ain't my fault the World is moving so fast.

What do ya think of the Doom from the IFSC?
 
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#36
great to see "bleak omens" up and running on this site Dublin4 but did keeno really forsee things this bleak.......italian bus drivers forced to unlease the pain on feral rats and the horde using the berlin metro as a latrine
 
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#38
RE: Brendan Keenan's "Bleak Omens" for Europe!

Excellent & fair point.

At heart Keeno thought the Euro was a beaten docket but instead of sensibly dissolving it- Commie/Nazi Flip Flop Merkel maintained a false cohesion which has resulted in Illusion of Wealth within the Goldman Sachs / European Union Rape Factory.

As a result of that Illusion we have the ongoing Colognisation of Europe.

In the P.ie Keeno thread & on other P.ie threads over the last 5 years or so I referred to the Global Economy impacting on the Euro- some stuff about how you can see the Ghost Cities of China from Outer Space etc.

This Thread will contain the above doom from the IFSC & the mess of Italy's Banks etc but will also focus on how other factors pressurise the Euro from outside, some of them down to Merkelcorp & others not.

This used to be 1 of my Sigs on P.ie- by no means is the Euro on the Ropes on its own!

[font=Arial, sans-serif]Derivatives: The Unregulated Global Casino for Banks
[/font]

[size=x-small][font=Arial, sans-serif]SHORT STORY: Pick something of value, make bets on the future value of "something", add contract & you have a derivative. [/font][/size]
[size=x-small][font=Arial, sans-serif]
Banks make massive profits on derivatives, and when the bubble bursts chances are the tax payer will end up with the bill. 
[/font]
[/size]
[size=x-small][font=Arial, sans-serif]
This visualizes the total coverage for derivatives (notional). Similar to insurance company's total coverage for all cars.
[/font]
[/size]

[size=x-small][size=x-small][font=Arial, sans-serif]LONG STORY: A derivative is a legal bet (contract) that derives its value from another asset, such as the future or current value of oil, government bonds or anything else. Ex- A derivative buys you the option (but not obligation) to buy oil in 6 months for today's price/any agreed price, hoping that oil will cost more in future. (I'll bet you it'll cost more in 6 months).
[/font][/size][/size]

[size=x-small][size=x-small][font=Arial, sans-serif]Derivative can also be used as insurance, betting that a loan will or won't default before a given date. So its a big betting system, like a Casino, but instead of betting on cards and roulette, you bet on future values and performance of practically anything that holds value. The system is not regulated what-so-ever, and you can buy a derivative on an existing derivative. [/font][/size][/size]
[size=x-small][size=x-small][font=Arial, sans-serif]
Most large banks try to prevent smaller investors from gaining access to the derivative market on the basis of there being too much risk. Deriv. market has blown a galactic bubble, just like the real estate bubble or stock market bubble (that's going on right now). 
[/font][/size][/size]

[size=x-small][size=x-small][font=Arial, sans-serif]Since there is literally no economist in the world that knows exactly how the derivative money flows or how the system works, while derivatives are traded in microseconds by computers, we really don't know what will trigger the crash, or when it will happen, but considering the global financial crisis this system is in for tough times, that will be catastrophic for the world financial system since the 9 largest banks shown below hold a total of $228.72 trillion in Derivatives - Approximately 3 times the entire world economy. [/font][/size][/size]

[size=x-small][size=x-small][font=Arial, sans-serif]No government in world has money for this bailout. Lets take a look at what banks have the biggest Derivative Exposures and what scandals they've been lately involved in.[/font][/size][/size]

demonocracy-derivatives-goldman_sachs.jpg

[img=106x43]http://demonocracy.info/images/pointer1_up.png[/img]
[font=Arial, sans-serif]$2 Billion on Truck
[/font]

http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html

Thanks for all of your support OWTH- there's no better an activist than a good green SF grassroots Nationalist!  banana.gif

20150629_china4.jpg

Hot & Sour Chinese Delivery to continue 


Now get that knife into O'Brionn's chops over Cologne & Consent  ;)

 
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#40
RE: Brendan Keenan's "Bleak Omens" for Europe!

The luvvies are secret hateys.

The Loony right, Loony left & Gaystapo hate the upstanding working man looking for a non undercut wage, not willing to pay taxes for Asylum Swindler's Council Houses.  ;)