Clever CNBC Term of the Day 'Spailout'

Spain - Bull Fight

CNBC coined the term 'Spailout' today and we all lost a ton of money.  Ole.

Spain wrecked havoc on the markets today, taking a page from Greece and kicking our precious equities down the hole.  To make matters worse CNBC reminded us how retarded they are by calling it all 'Spailout'.  That's right, no 'Spailout' is bad for stocks.



Oh it gets better.  They have two articles with the term, one is Markets Get a 'Spailout'? It's No Bailout for Spain the other is The 'Spailout' May Not Work: Stiglitz.  Very clever indeed. 


See a 'Spailout' is created by combining the words 'Spain' and 'Bailout'.  They make it witty by joining the two words, using the first two letters of 'Spain' and the entire word 'bailout'. 


Now you say it.  Spailout.


Good, now try it with an English accent and use it at your next dinner party.  Crafty, yes?


Shoot me now.


source: Stupidity (CNBC).