Wednesday, November 17, 2010

The Book of Eurorevelation

Chapter Six, Verses 1-17:
6:1 And I saw when the Investor opened one of the seven debt structures, and I heard one of the four living creatures saying as with a voice of thunder, Come.
6:2 And I saw, and behold, a white horse, and she that sat thereon had a bow in her hair; and there was given unto her a great Current Account surplus and she came forth conquering, and to conquer, for she was Mangler Merkel.
6:3 And when he opened the second debt structure I heard the second living creature saying, Come.
6:4 And another horse came forth, with red hair: and to him that sat thereon it was given to take peace from the Eurozone, and that they should slay one another: and there was given unto him a great budget deficit. His name was Ireland.
6:5 And when he opened the third debt structure, I heard the third living creature saying, Come. And I saw, and behold, a black horse; and he that sat thereon had the balance of Greece in his hand. His name was Austria.
6:6 And I heard as it were a voice in the midst of the four living creatures saying, A measure of a Dollar for a Euro, and three measures of peripheral debt for a Euro; and the Oil and the Gold hurt thou not.
6:7 And when he opened the fourth debt structure, I heard the voice of the fourth living creature saying, Come.
6:8 And I saw, and behold, a pale horse: and he that sat upon him, his name was Trichet; and Weber followed with him. And there was given unto them authority over the fourth part of Europe, to kill with rates, and with FX, and with haircuts, and by the wild policies of the zone.
6:9 And when he opened the fifth debt structure, I saw underneath the altar of the European Parliament the souls of them that had been slain for the undemocratic word of The Euro, and for the testimony which they held:
6:10 And they cried with a great voice, saying, How long, O Eurosceptic, the Holy and true, dost thou not judge and avenge our blood on them that dwell in Brussels?
6:11 And there was given them to each one a vote; and it was said unto them, that they should rest yet for a little time, until their fellow civil servants also and their unelected brethren, who should be killed even as they were, should have fulfilled their course.
6:12 And I saw when he opened the sixth debt structure and there was a great crisis; and the markets became black as Wednesdays, and the whole balance sheet became as blood;
6:13 And the stars of bond portfolios fell unto the earth, as a fig tree casteth her unripe figs when she is shaken of a great wind.
6:14 And the heaven of non-mark-to-market was removed as a scroll when it is rolled up; and every central banker and reserve manager were moved out of their places.
6:15 And the Kings of the banks, and the Princes of finance, and the chief executives, and the rich, and the strong, and every bondholder hid themselves in the caves and in the regulator and the media
6:16 And they say to the media and to the regulator, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Investor:
6:17 For the great day of their wrath is come; and who is able to stand?

Blessed be the Name of The Euro.


Kris said...

One one..LOL. Interesting post.

Euro is heading for some serious problems.

Animesh Saxena said...

Can't trust anything except Gold :)

Anonymous said...

I love the sense of humor of TMM. It is always a great pleasure to read your texts. Serious business presented in a fun, clear and honest way.

By the way, I believe the eurozone will get out of this mess stronger than before. It needs oxygen (money) to breathe in the while, but if and when it recovers eurozone will emerge stronger because it is attacking structural problems.

Exactly the opposite the US is doing.

But What do I Know? said...

So I should sell?


Anonymous said...

Addressing with little success and a lot of bickering.

FX said...

TMM, I've been forgetful of our STFU indicator, thanks.