International Reaction for todays demos: Praise from Zerohedge

Cassandra Syndrome

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Renowned anarcho-capitalist, socio economic commentator, real time financial news blogger, Zerohedge praises the Irish students for doing more than the students in the States for getting off their arses, demonstrating peacefully initially until elements were possibly antagonised by the police which resulted in a riot and the storming of the Department of Finance.

It sends out the image to the world that us like the French and Greeks are standing up for ourselves against austerity of the middle and working class and socialism for the elite. We may feel useless in kicking up a fuss but today and Joe the Trucker and a couple of other skirmishes have been picked up.

Contrary to convention wisdom, while Irish bond yields were surging to all time highs, the local population was not merrily drinking itself into oblivion, but was taking matters into its own hands. So far every bankrupt European government has at least managed to get its population on the streets, to protest something, and in the case of Greece, caused Waddell and Reed to sell a few SPOOS leading to the biggest crash in capital markets history. Only the most bankrupt nation of all, the United States, continues to see its 300+ million cowering at home, watching sitcom reruns.

Pay special attention to part 4, in which the ministry of finance gets besieged.

Part 1
5 video clips attached

Video Footage Of Protests In Ireland, Ministry Of Finance Besieged | zero hedge
 


Cassandra Syndrome

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"Renowned", with like minded nuts, maybe.
Are you stressed out? Why not tuck yourself into bed with a good read?

 

GDPR

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Joe the trucker is himself a developer. He's part of the problem, not the solution.
A bit like Mr. Zero, CS doesn't do detail, he's a broad stroke kind of man. So long as the colour is black, he's happy or at least what passes for happy in the world of black.
 
M

MrFunkyBoogaloo

Praise for Ireland internationally and tonic takes a derisive tone? :shock:
 

EUrJokingMeRight

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A bit like Mr. Zero, CS doesn't do detail, he's a broad stroke kind of man. So long as the colour is black, he's happy or at least what passes for happy in the world of black.
That's a bit of a broad stroke. In Fairness!
 

Iarmuid

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A bit like Mr. Zero, CS doesn't do detail, he's a broad stroke kind of man. So long as the colour is black, he's happy or at least what passes for happy in the world of black.
There is imo no lack of detail on zero hedge, here is an example of an article

Statement Regarding Purchases of Treasury Securities

On November 3, 2010, the Federal Open Market Committee (FOMC) decided to expand the Federal Reserve’s holdings of securities in the System Open Market Account (SOMA) to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate. In particular, the FOMC directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to purchase an additional $600 billion of longer-term Treasury securities by the end of the second quarter of 2011.

The FOMC also directed the Desk to continue to reinvest principal payments from agency debt and agency mortgage-backed securities into longer-term Treasury securities. Based on current estimates, the Desk expects to reinvest $250 to $300 billion over the same period, though the realized amount of reinvestment will depend on the evolution of actual principal payments.

Taken together, the Desk anticipates conducting $850 to $900 billion of purchases of longer-term Treasury securities through the end of the second quarter. This would result in an average purchase pace of roughly $110 billion per month, representing about $75 billion per month associated with additional purchases and roughly $35 billion per month associated with reinvestment purchases.

The Desk plans to distribute these purchases across the following eight maturity sectors based on the approximate weights below:

You may not agree with the analysis of the detail but it is not lacking. The irony of a post complaining of a lack of detail and broad strokes may well be lost on the author who resorts to same, I think,
 

Cassandra Syndrome

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A bit like Mr. Zero, CS doesn't do detail, he's a broad stroke kind of man. So long as the colour is black, he's happy or at least what passes for happy in the world of black.
Lots of detail if you bother your hole reading some of it. Anyway at this stage of you bunker fever, I would expect more extreme paranoia to set in as the fate of the dictatorship becomes more apparant.

Odd posts will start manifest all over the place here, with imaginary soldiers of destiny reclaiming the land swarm your redundant battlemap table and aspirations of ruling us with an iron fist once again remain.

I hope you have some fine brandy down there to keep you warm during the last days of the FF. Its going to be a cold winter, don't worry we will charge the greenparty for the carbon tax at least.
 

GDPR

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Do you?

I know.

The lack of detail I had in mind was in spouting on about our minister for finance but thinking he was Brian Cowen or claiming Irish banks had bought 23/24 billion of Irish Government bonds in September, but not actually showing the detail of whether that was so or not.
 

Iarmuid

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Do you?

I know.

The lack of detail I had in mind was in spouting on about our minister for finance but thinking he was Brian Cowen or claiming Irish banks had bought 23/24 billion of Irish Government bonds in September, but not actually showing the detail of whether that was so or not.
The lack of detail you had in mind, you failed to provide the detail of, you additionally made a broad brush complaint of Zero hedge providing lack of detail, when the detail you have in mind does not pertain to detail on the site rather relates to what you percieve to be inaccurate information and lack of detail on a article. Ironic no.

Anyhows. Carry on.
 
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