Jump to content



Photo

Wag el-greco Dog


  • Please log in to reply
No replies to this topic

#1 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 13 February 2012 - 04:02 AM

An American Investment Banker in Europe has suspected the following scenario for the next few weeks/months. Here is his attempt to visualise it: "Instead of plan A and plan B printing methods, tried up to now with little result, why not create a new awesome (worldwide shock and awe) cash injection to take us (hopefully) through the whole tricky election year from Russia to China, Merkozy, to the US. I believe that such a plan C could make sense. There are plenty of "democratic" challenges all across the world. However, in order to justify the awesome size of the unavoidably required IQMP (infinite quantitative money printing) we need a "Wag the Dog" scenario - as in the film with Dustin Hoffman. What more suitable dog to wag now than the Greeks who have had a good time for far longer than they deserved. Greece's problem could have been resolved at the strike of a button as soon as it started but it has not. One reason is the messy (27) politics of the corrupt EU, the other, anybody's guess. Therefore, via our honest bankers, we could now push the desperate Greeks to the brink till they, on their own SOS volition, declare default officially and actually (at long last a touch of reality). Then quit the Euro, the currency that feeds the corruption of Brussels and EU governments. Such scenario has likely been rehearsed by the central banksters from last year. Firewalls of trillions of cash injections have been built and more can be made available at the push of a button. (CBs have been toping up the Banks with cash since November). Politicians need a mega banking crisis happen now before their elections or way after their elections. It will all be Greece's fault as it has been for two years now. Greece is the villain for all ills and bubbles of the world of the last 50 years. Laugh. The size of such crisis may be more serious than the aftermath of Lehman. Everything, including the price of precious metals will fall as in 2008 except the USD and US Bonds and perhaps the Euro. In the middle of such a deep world wide crisis (could last a couple of weeks or more) a magician saviour will appear - whoever it might be - and IQMP of say 4-6-7 trillion is administered to save us all and enjoy a happy Easter or summer vacations. Such a plan would better suit if implemented before June. Gold and silver are to initially nosedive in panic like the liquidity crisis of 2008. Then they ought to shoot straight up as soon as IQMP is announced, gold breaking the 2,000 level." My comment: If on Wednesday 2/15, Wolfgang Schäuble continous asking for more and more, I will start giving some consideration to plan C. -tria :ninja: & :cry: too much tear gas.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky