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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (161112)	12/15/2011 12:04:30 AM
From: t4texas	3 Recommendations Read Replies (1) \| Respond to of 206334

bob, i can't map your questions onto the problem and solution without reworking to some extent. i will just write this for now: european banks own almost all the european govt. bonds (that cannot be paid back or rolled over soon without a big money bazooka (panzerfaust in german)). i just now watched my recording of neel kashkari from monday's squawk box. i think these two segments with neel give you the answers (in my opinion) to your questions no matter how you form them. becky quick asks the question that i have been mulling since friday about tarp and the bazooka paulson wanted plus bernanke's balance sheet. to me it seems becky has finally asked the question that no one else has figured out or at least asked on tv. germany (inadvertently) right now is trying to show us what the usa could have looked like in 2008/2009 without tarp and bernanke's balance sheet at the fed. that is what becky's question is, and it has been my question since friday. becky has better access to neel than i do by about 100%. watch these two kashkari segments. i will throw in a 3rd link for free. i hated the tarp idea at the time, but over time i have understood the error of my ideas in the usa banking crisis. the ecb is the only thing that can get europe out of this, and the longer germany acts dopey about it the closer to the cliff europe gets. it will happen two ways. gradually and then suddenly. it will bring down a lot of other economies for some length of time too. bob, i do urge you to watch these video links. video.cnbc.com video.cnbc.com video.cnbc.com