#2 event for today is MASSIVE EURO MONEY DUMP!

Well, well!  For subscribers to our Market Review and even to readers of only these Blogs, it is quite revelatory to see our predictions coming true right before your eyes, is it not?

The “Masters of the Universe” are pumping out tons and tons of “Free Money“ in Europe and the desperate ‘Banksters’ are revealing their full-fledged panic by gobbling the stuff up!  Incidentally (like here in the US) none of the people's money is dumped on their doorsteps.  

No, of course not!  They will have to pay exorbitant fees and outlandishly high interest, if they are so lucky as to be lent some of this  "Free Money!" 

Now, this insanely crafted “Money Dump” has just removed from the table – for the next twelve months - all the issues of the Euro debt dilemma that have been so artfully crafted and presented, Daily, to “Scare the S__t out of the “Sheeple,” for the last many months.  See our many Blogs on this very subject.

Are you and your company ready for the ‘Surprise’ that should be ‘No Surprise’ that will be unfolding soon; and the miraculously rising equity markets; and the VERY LAST buying surge of the "Fleeced Sheeple" in the latter half of 2012, before the end of things as we know them?

You should be ramping up your inventories massively, right now, and getting really ‘Hot’ Advertising and Marketing campaigns ready, right now, for the after-effects of the “Great Deception of 2012” which is now absolutely ordained for the summer,fall and winter of 2012/13!

Unfortunately, so is the horrific and devastating economic debacle fully ordained, that is set to follow all these events in 2013!

European Banks Devour ECB Emergency Funds

Bloomberg; By Gavin Finch and Liam Vaughan - Dec 21, 2011 9:39 AM ET

“European banks borrowed enough cash from the European Central Bank at its first three-year offering to refinance almost two-thirds of the debt they have maturing next year amid concern that markets will remain frozen.

The 523 euro-area lenders took a record 489 billion euros ($638 billion) from the Frankfurt-based central bank in 1,134- day loans today, more than economists’ median estimate of 293 billion euros in a Bloomberg News survey. That equals about 63 percent of the European bank debt maturing in 2012, according to Goldman Sachs Group Inc. analysts.

“The perceived stigma attached to central bank borrowing has not prevented euro-zone banks from making extensive use of the ECB’s offer,” said Martin van Vliet, an economist at ING Group in Amsterdam. “The take-up of loans is massive.”

By flooding the banking system with cheap money, policy makers are attempting to stave off a looming credit crunch by encouraging banks to maintain lending. Politicians, including French President Nicholas Sarkozy, are also pushing the banks to use the cash, which is borrowed at a current interest rate of 1 percent, to purchase higher-yielding southern European sovereign debt, thereby forcing down borrowing costs in the region. ….

Banks have become increasingly reliant on the ECB for funding after the market for bank debt seized up and U.S. money markets withdrew lending. Senior unsecured bank bond sales have tumbled 80 percent to 14.6 billion euro since the markets constricted at the end of July compared with the year earlier period, according to Morgan Stanley data....."