Stick a fork in the euro, it's done.

[robertpaulsen]

Funny how when I read the headline, the thought that raced through my mind was the same as the last line.

It's Baaack: FT Deutschland Pronounces Deutsche Mark's Return, Prices Itself At 4.11 DM

Submitted by Tyler Durden on 10/21/2011 09:21 -0400



Curious what the talking heads will be discussing all weekend parallel to the joke that is the European Summit #1, not to be confused with summit #666? Here is the answer, courtesy of the FT Deutschland, where not too subtly, right next to a lede saying "the Euro rescue has turned into a farce", the publication has for the first time, set its price not in zEURo.qq but in Paul Tudor Jones' favorite currency: the Deutsche Mark, or 4.11 DM to be precise. And courtesy of the FTD, we now know the When Issued exchange rate for the EURDEM is: 1.95, the same as was locked at the EUR inception. Said otherwise, stick a fork in the euro, it's done.

If the euro completely collapses, what does that mean for the global economy, short-term and long-term? What does that mean for America?

[Lint Head]

1. I think I have a few left over from my last trip to Germany.

[itsrobert]

2. Time for an European vacation?

?

[Poll_Blind]

3. Finally, my own French maid!

:hide:

PB

[xchrom]

4. Bertie? Is that you? Nt

[Poll_Blind]

6. LOL! I knew when I posted that there was something wrong- aside from my fixation for a British...

...manservant. French maid still fits the joke but, come on- which would you rather have?



Jeeves! Stop staring! WTF!

PB

[xchrom]

5. Wait! Wait! Wait! - I saw that!

Now I wish a dozen British Leather Queens to wait on you - w/ leather cuffs.

[Poll_Blind]

7. LOL!

PB