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  • It's Over

    09/12/2011 3:13:29 AM PDT · by OneLoyalAmerican · 25 replies
    Market-Ticker.org ^ | 2011-09-09 13:05 | Karl Denninger
    Seriously. There is persistent chatter about a Greek default over the weekend, which Greece denied, but the denier refused to be named. If it's not true, then put your damned name on the statement or be considered what you are - liars. Greece failed to place their short-term bill rollover. That's a declaration by the market that even for short-term paper the market has utterly lost confidence in Greece and the Euro. Germany's DAX market relative to the United States just hit a five year low today. To add to the "liar liar pants on fire" calls Germany is now...