Just "the happening" we've all been waiting for

>the two largest banks in Germany want to merge


How does this make you feel? Will this be the final transfer to crypto?

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>implying Jow Forums cares or knows what this means

but... what does it mean?

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the longer the can gets kicked down the road the better for bitcoin. when looking at how low global interest rates have been and will likely continue to be an increasing nominal price of bitcoin over the next 10 years is basically guaranteed as long as it stays operational and doesn't have a hashrate collapse. an actual economic collapse might be bad, but long term structural decline with peripheral currency crises will be the best environment for bitcoin

>may

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Yeah it all makes sense now user. Two German banks merge and therefore crypto.

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>look at Deutsche Bank and Commerzbank chart
>look at their book "value"
>realize that they will soon be in the red if ecb keeps interests at 0%
>interest rates cant be increased or italy and trash companies are kill
>last effort is to destroy rivalry and bundle all their shit together
>look at other banks in europe
>not even in a fucking recession

There is no money on your bank account brainlets.

This means that in Germany if you get accused of wrongthink and your bank account closed that's it, you are unpersoned. You no longer exist.

ITS HABBEDING

>merge two banks on the verge of bankruptcy
>now they're too big to fail, so taxpayers have to bail them out

Ofc best post in the thread is ignored, classic biz

Anyways stack physical metal and bitcoin you fucking autists. The global financial system could shit the bed at literally any moment

They we're already tbtf

I am bagholding Deutsche Bank please I need a x3

This is Deutsche Banks cost income ratio.

What this model shows... is the music so to speak just slowed down. If the music would have stopped...then this model wouldnt be even close to that scenario.... it would be considerably worse.

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margin call is a fucking great movie

this

Deutsche Bank is nothing but a walking corpse with not a single profitable branch left and a minus $400 billion net worth. Only because of accounting are they still able to go even deeper into debt and pay a dividend to their stockholders. Commerzbank is only slightly better. While some speculate that it could be possible for the current global economy to survive a DB collapse a merger would destroy these hopes. This would force the EZB even more to bail them out once SHTF. The only reason Germany and the EU would allow for this is if DB or CB are about to implode very soon and would need a bail out.

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trying to hold off the end of western civilization by a few more quarters. we're fucked

hahahahahah

>sold as his Bitcoin at $10

The dildo got me.