Thursday, December 1, 2011

Six Central Banks Coordinate to Kick the EuroZone Can Down the Road

Six Central Banks have stepped in to print money: Ben Bernanke along with Bank of England, Bank of Japan, European Central Bank, Bank of Canada, and the Swiss National Bank will provide over-leveraged, cash-strapped banks with fake $ in order to find the Plan B C D E F that's going to work to save us all from another global recession.  Better option: pray.
NYT: Banks Step in to Delay Inevitable
Ritholtz: Coordinated Central Action
The Automatic Earth: Day X
Ritholtz: The Sovereign Debt Train Wreck
ZeroHedge: The Future of the US
Don't be eatin or drinkin when you read this, or you'll choke.

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