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Tom Luongo: Bitcoin, Gold, Goats, 'n Guns

The Bitcoin Matrix

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Italian Debts 85 Basis Points Above Us

The market is going to open with the urea at parody, after the worst weekly close on the urea in almost 20 years. Italian debts only trading 85 basis points or so above us. Debt of the same maturity. What kind of fucking retarded world do we live in when italian debts are 85 basis points over american debt? Ok? This is howbucking retarded this entire thing is. I mean, i just made it really complicated, but it reduces down to that. It all came out of europe. The fed doesn't like these guys. And maybe it's because they want to do away with commercial banking as a concept.

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