“Contained”?? Greek Contagion Smashes Japanese Banks
from Zero Hedge:
Despite all the ‘smartest men in the room’ proclaiming that Greece doesn’t matter, and Greek risks are “contained”, Japanese stocks are tumbling led by bank stocks. Topix Banks Index has plunged the most since Feb 2014 (and 2nd most since the Taper Tantrum in 2013).
“Contained”… Japanese banks down 3.5% – the most in 18 months
It appears – just as we have said over and over – in the interconnected world of repo, ZIRP, and rehypothecation – size doesn’t matter, it’s collateral chains that matter… and shit’s breaking.
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CALM DOWN, NOW!
Cause everything is going to be all right!
Now, let me get back to my medicinal cannabis vape pipe (very little smell, no need for cigs to cover it up)!
Did you really think that medicinal cannabis being made legal in DC was just a coincidence?
HAHAHAHA!
The bros needed a NEW cash business to sell their home grown herb to the white-skinned suburbs in MD and Virginia, where the Highest Sacrament in Life, Cannabis, is STILL illegal!
(NEVER use the white-skinned deceptive term of -Spanish-marijuana, for that is How THEY DECEIVED THEIR own WHITE-SKINNED FARMERS to OUTLAW HEMP, buried in the Harrison Tax Act).
See, we got it ALL thought out!
HEY, I did graduate from Harvard Law School, ya know!
Witnesses and everything!
WAY TO STICK IT TO THEM, Mr. President!
For YOU ARE SO RIGHT!
I mean, name my ONE OTHER bill in US History that has ONE WORD of Spanish in it!
AND, THESE WHITE-SKINNED MALE MANIACS succeeded in KILLING a whole important cash crop of that era of jewSA history!