Submitted by Tyler Durden on 12/08/2011 - 15:46 Germany
This is a snapshot of pure market lunacy.
Rumor on: 3:25 pm: ESM FUND TO BE GIVEN A BANKING LICENSE ACCORDING TO A DRAFT - RTRS
Not even 20 minutes minutes later:
Rumor off: 15:45pm: GERMANY REJECTS DRAFT MEASURES INCLUDING BANKING LICENCE FOR ESM
Comments: 152
Reads: 6,585
http://www.zerohedge.com/news/snapshot-pure-lunacy

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.