If she has to, she has to.
So give it up for them says the bank’s chief economist.
Gangsters, drug dealers and money launderers appear to be playing their part in helping shore up the financial stability of the euro zone. That’s thanks to their demand, according to European authorities, for high-denomination euro bank notes, in particular the €200 and €500 bills. The European Central Bank issues these notes for a hefty profit that is welcome at a time when its response to the financial crisis has called its financial strength into question. The high-value bills are increasingly “making the euro the currency of choice for underground and black economies, and for all those who value anonymity in their financial transactions and investments,” wrote Willem Buiter, chief economist at Citigroup, in a recent research report. The business of issuing euro notes, produced at almost zero cost, is “wildly profitable” for the ECB, Mr. Buiter wrote. [WSJ]
I prefer Pepsi.
-AIG Quant
Needs more sharks.
And lasers, and perhaps some submarines.
I would kill somebody’s mother for an 8ball right now.
Sleepy analyst
Ugh, more euro trash shit?
@5 what are you talking about?
The Euro is a helluva currency
“for all those who value anonymity in their financial transactions and investments”
Can you buy military grade speakers with Euro notes?
http://files.sharenator.com/more_bear_i_fucking_love_cocaine_Random_Funny-s466x462-69802-580.jpg
I once scooped cottage cheese out of that bitch’s thighs.
@5 Mange la merde idiot. L’Europe est plus sophistiqué que l’Amérique ne sera jamais. Vas te faire encule pute! Plus, sollten Sie ihn mit Tone “American Außergewöhnlichkeit” Theorie, wie die Amerikaner erwies sich als die weltweit dümmsten und fettesten Nation.
I can do this whole day long baby. Fuck off.
I only do lines with €500 “notes”.
-Larry Kudlow
WOW THAT’S REALLY INTERESTING IS THERE ANYTHING THAT THAT DRUG CAN’T DO I MEAN REALLY LOOK AT ALL THE POSITIVES I HAVE NO FUCKING CLUE WHY IT’S STILL ILLEGAL BUT I GUESS IF IT WAS LEGAL THEN THIS ARTICLE WOULD BE MOOT WOW THAT’S A CATCH-22
-high-energy analyst
@11 Te crees que el hecho de que puedas escribir en tres idiomas te hace mas sofisticado que los Americanos? Talvez não são os mais sofisticado do mundo, mas seu argumento mostra que pelo menos eles são mais do que você.
-Guy who can also do this “all” day long baby.
@11 and @14 in line for top jobs at GS (unimaginitive fucks = English only speakers)
I like where @11 is coming from…
@14, vas te faire foutre und leck mich am Arsch.
Well when shit hits the fan in the U.S. the government will be spitting out $1,000 bills.
-Guy who should go back to ZeroHedge
@14 Do you mean American people can only speak 3 languages (with grammar mistakes)? How can you be competitive for GS?