10 Responses to Time to bailout the bailouter? IMF funds deemed inadequate to prevent financial collapse in Europe

  1. RainMan says:

    Unbelievable, still all talk, no answers. What fixes they have been putting forward are being put down as still no deal, the inevitable looks very grim.

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    • I think it’s unsovable at this point and her language of ‘precieved capacity‘ means the game is nothing more than an illusion that they have the money to instill some confidence in the system to prevent panic. She may be covering herself with this ‘unusual‘ admission before the precieved reality of the roof caves in.

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  2. nickk0 says:

    I think that this ‘crisis’ may end one of two ways :
    By ‘FREEZING’ to death, or ‘BURNING’ to death.

    FREEZING to death = without *enough* ‘capital’ to keep transactions financed and the markets ‘liquid’, the economy goes into DEPRESSION. ( the result of a *lack* of money supply )

    BURNING to death = without *enough* ‘capital’ to keep transactions financed and the markets ‘liquid’, the banks start PRINTING money ( to artificially stimulate the economy and add to the money supply.) This can lead to HYPERINFLATION.

    If this crisis is ‘properly managed’, we may fall somewhere in-between the two scenarios.
    This may be the ‘most likely’ outcome…… Not that it’s any better, to both freeze to death and burn to death at the same time. 😐

    – Nick

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  3. RainMan says:

    Yes, and the roof is global. I read this quote a while ago and have forgotten the writer…
    “The difference between a recession and depression … a recession is when your neighbour looses their job, a depression is when you loose your job”
    It’s worse now.

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  4. luisport says:

    Nicolas Sarkozy’s right wing government has suffered a huge blow as it lost the majority in the Upper House of French Parliament for the first time in history, reports the BBC.

    The Socialist Party, along with its Communist and Green allies, is believed to have won control of the house for the first time since the founding of the Fifth Republic in 1958.

    Final votes are not yet in but look good enough for the Socialist Party spokesperson to announce victory.

    Those on the right are seeking to downplay the results. Jean-François Copé, head of Sarkozy’s UMP, said, “In no way is it a disavowal of the politics of the government.”

    However, coming just seven months before parliamentary elections, its hard to not view the results as a big problem for Sarkozy.

    Read more: http://www.businessinsider.com/sarkozy-france-senate-2011-9#ixzz1Z3vX8ENR

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  5. luisport says:

    BreakingNews Breaking News
    New-home sales dipped 2.3 pct. in August to a six-month low, fourth straight month of declines – @AP
    há 2 minutos

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  6. JerseyCynic says:

    Here Comes FIATtackWatch: Ben “Big Brother” Bernanke Goes Watergate, Prepares To Eavesdrop On Everything Mentioning The Fed:

    http://www.zerohedge.com/news/here-comes-fiattackwatch-bernanke-goes-watergate-prepares-eavesdrop-everything-mentioning-fed

    “….the Federal Reserve Bank of the United States, which in a Request for Proposals filed to companies that are Fed vendors, is requesting the creation of a “Social Listening Platform” whose function is to “gather data from various social media outlets and news sources.” It will “monitor billions of conversations and generate text analytics based on predefined criteria.” The Fed’s desired product should be able to “determine the sentiment [ED:LOL] of a speaker or writer with respect to some topic or document”… “The solution must be able to gather data from the primary social media platforms – Facebook, Twitter, Blogs, Forums and YouTube. It should also be able to aggregate data from various media outlets such as: CNN, WSJ, Factiva etc.” Most importantly, the “Listening Platform” should be able to “Handle crisis situations, Continuously monitor conversations, and Identify and reach out to key bloggers and influencers.” Said otherwise, the Fed has just entered the counterespionage era and will be monitoring everything written about it anywhere in the world. After all, why ask others to snitch…”

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  7. Breaking News:The Federal Reserve Plans To Identify “Key Bloggers” And Monitor Billions Of Conversations About The Fed On Facebook, Twitter, Forums And Blogs
    The Federal Reserve Bank of New York has issued a “Request for Proposal” to suppliers who may be interested in participating in the development of a “Sentiment Analysis And Social Media Monitoring Solution”.
    http://In other words, the Federal Reserve wants to develop a highly sophisticated system that will gather everything that you and I say about the Federal Reserve on the Internet and that will analyze what our feelings about the Fed are. /archives/the-federal-reserve-plans-to-identify-key-bloggers-and-monitor-billions-of-conversations-about-the-fed-on-facebook-twitter-forums-and-blogs.
    In other words, the Federal Reserve wants to develop a highly sophisticated system that will gather everything that you and I say about the Federal Reserve on the Internet and that will analyze what our feelings about the Fed are. The Economic Collapse Blog.

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  8. Breaking News:The Federal Reserve Plans To Identify “Key Bloggers” And Monitor Billions Of Conversations About The Fed On Facebook, Twitter, Forums And Blogs
    The Federal Reserve Bank of New York has issued a “Request for Proposal” to suppliers who may be interested in participating in the development of a “Sentiment Analysis And Social Media Monitoring Solution”.
    http://theeconomiccollapseblog.com/archives/the-federal-reserve-plans-to-identify-key-bloggers-and-monitor-billions-of-conversations-about-the-fed-on-facebook-twitter-forums-and-blogs

    sorry. don’t know what happened there.

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