Serious

Tik tok

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So what does this mean for crypto? Good bad nothing changes?

So when is this thing going to take a massive unreserved cataclysmic .eu guzzling shit?

It's mostly swaps, so it looks much worse than it actually is, although if volatility hits the interest rate markets, the bank will surely collapse. This magnitude of swap derivative exposure could only happen in a market controlled by central banks.

In my opinion it's a good thing for crypto. Crypto as a whole never really experienced an economic crisis, but people will probably all jump on board once they see their money evaporating from banks left and right.

The only real safe places are in Crypto, Precious Metals like gold and silver and by being self sufficient by owning land and growing your food.

Shit will hit the fan once people can't get their money out of the banks using an ATM. What they should do is then massively buy crypto. Once this happens en masse, you'll have 100k+ BTC value and any shitcoin suddenly turns to gold.

Timeline? 1 year or less.

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Probably not going to effect the US much since our banks have been distancing themselves from DB for years now, and American banks are regulated to be significantly more stable post 2007.

Euros are Weimar level fuckkkkkkkked though.

Basically they have a bunch of interest rate swaps on their books, so their gross derivative exposure it massive. This could only happen in an environment where interest rates are low for a very long period of time.

If interest rates shoot up for some reason, especially in Europe, the bank will probably implode. The ECB is doing everything in their power to suppress rates while DB unwinds their loan books, but that will take at least a decade.

>Shit will hit the fan once people can't get their money out of the banks using an ATM. What they should do is then massively buy crypto.

With what money you ass?

Oh euros are gonna get recessiond hard. We will hurt, but they will bleed

this

You're only fooling yourself. It's a house of cards and any countermeasures have already been utilised. What they'll try next is negative interest rates, confiscating assets on banks above a certain amount to keep the banks afloat, quantitative easing and spreading propaganda. None of this will be enough though. The can can't be kicked back further since it hit a brick wall called reality.

Not allowing people to get physical cash out (protection against bank runs) doesn't mean you can't buy/sell things online. Crypto is the answer in this window.

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suddenly all the brexit bashers look pretty silly

Fuck eruos, I'm comfy as an American. We had to suffer through the 2008 recession, they can suffer to.

Lmao what? You know the financial network is global right? The interplay of the financial markets therefore means if Europe gets fucked as do we. IMO crypto isn't our savior. If banks lose your money, how the fuck will crypto prices rise? There's no liquidity to inject?

US banks have very little exposure to DB and it's derivatives. The fed stress tests for this exact scenario now and US banks stay afloat easily.

You have no idea what you're talking about.

You think financial crises won't always be global in modern times now? You think they can be localized and contained? How so? Don't all these global banks own assets of other nations?

Exactly.

If the entire Eurozone suffers, everyone suffers. It's like dominos. Eurozone collapsing would have cascading effects to other economies.

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angry man make angry post >:(

What does the blue colour mean? Should I be worried?

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Things changed quite majorly after the last crisis in the US. Regulations were put in place regarding the amount of exposure our banks can have, so that a major crisis, even at home, wouldn't threaten their solvency. On top of that, American banks have been decreasing their exposure to DB far beyond what's required by law.

If DB goes tits up, we'll feel it, but it won't be a crisis.

DB collapse does mean that derivative contagion is possible.
However, its very USD / BTC / AU bullish

I can't see it ever being allowed to fail.

They are all european banks, green is asian, purple is american. They are all at risk if DB ever collapses, the bigger the circle, the bigger the risk.

This sounds very unrealistic. Might as well have zombies run the land

So Asian banks have way higher risk than Americans. Doesn't the USA have an interest in fucking up DB, therefore fucking up China?

is this recession imminent?

Theyve been doing the same thing with the environment for 50 years.

>My money and investment funds are in Santander
>The influence according to the red arrow thickness is big
I need to withdraw my funds, don't I?

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I honestly don't have enough info on this. I wouldn't trust that statement for one second though. What if we're indirectly exposed through DB from being exposed to maybe BNB Paribas or another banking entity and they get fucked? I definitely believe it'll be a domino-like event.

You Shitards really asking IF this is going to start the Recession???

German Construction Companies already close down cause no one wants to build anymore cause the Money Runs out.
Guess why? Cause this Shitbank is literally the Backbone of ze Economy in Germanistan!

We fucked big time user

eurofag here
if any bigger bank fails it will take all banks with them. even thou we bailed out the banks there are STILL HUGE amounts of bad debt (debt that can'T be paid back or is missing rates again and again). this debt isn't marked as bad debt yet, so according to the books those debt is an asset to the bank, but in reality or in the real timeline where we didnt enter clown world, this debt will never flow back. the banks could lend way less money causing even more debt to fail, and so on and on.

especially italia, greece, spain, cyprus are affected, germany will loose one fucking trillion target2 euros + everything that's deposit within the ESM. the german central bank will be practially bancrupt over night.

the euro is going to collapse and it will happen within 3-15 month from now. it's fucking over, we are going into a deep depression the world hasn't seen since 1929. europe will be done for at least a decade, espeically germany will be fucked due to easy exports enabled by the euro, lost productivity because of low interest rates for over 10 years, zombie companies all over the place ( i work at one, i could elaborate on this point if you want)

>i could elaborate on this point if you want

please do

elaborate if you will user and also
HOW THE FUCK CAN WE PROFIT! CRYPTO? GOLD?

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Both user

>(((recession)))

Im a novice at best but if this does happen normal fags that are now disillusioned by the incompetence of banks and physical money will turn to investing in crypto.

Crypto boom is not my ideal currency. Maybe Facebook and and that fat faggot have the right idea?

source? interested in reading more

Haha just print more money bro. Like, why is everyone stressin, famalam?
More money = more jobs = more people getting paid and buying shit. Duh. I took Economics.

shit, im a poor girl.
i wait finance crisis in 2021. vitalik wrote it will in 2021. i believe vitaliks words

I feel crypto will suffer at first as people liquidate their speculative positions. But once it becomes clear that the ECB is headed towards a bailout / quantitative easing, then BTC should moon

Just spread your funds around, which is what you should be doing even if there is not a crisis. Like me for example, I have spread my wealth across three banks: Santander, RBS and HSBC... Fuck.

Okay guys, what's the verdict?

Is crypto a safe place to stash your money before the recession?

Yes or No?

larping trannyfaggot
fuck off

looks like a facebook meme for doomer retards

the company i work at produces X. X is a branch that basically failed during the 90s. it's a shadow of past greatness. having several thousands employees to now some hundreds.
we also export most of X to other euro countries.

we really bulled during the last 8 years. the company employed more people.
if one guy produced 100 X, 2 employees wont produce 200 X, it's more like 130-150 X. once you are employed for more than 2 years, it's really hard to fire people.

now let the euro collapse and we are going to return to the Deutsche Mark. it will value WAYYY higher than any other european currency, most likely it will become one of the hardest currencies next to Franken (swiss).
now if they have to pay us in DM, they have to pay us enough to be able to live of it which will be still too much making X way to expensive. even if the company manages to gets rid of alot of people it wont work out.

i dont want to tell you what X is but it's not high tech, it's a very basic thing actually.

BASED SCHITZO POSTER

EU will be fucked for 10 years.

America is gonna die entirely. Feel good for yourselves.

Could you answer ?

i the honest answer is i dont know, but the very fact that i am here should give you an idea what i think that will happen.

i think crypto and gold will do good (might drop at first due to ppl need money) until the currency reform is done, then everyone will swap from gold and crypto to buy cheap real estate / stocks etc. at least that's my plan.

Not denying that there is a recession incoming but that graph is misleading desu.
That's their total gross exposure, not net. Their actual exposure will be a lot lower because most of their derivatives cancel each other out.

If by crypto you mean Bitcoin then yes.

too hot to be trannie :)

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>Prove to me the identity of the catalyst that starts the next recession.
Yes, OP. I have proof of giant financial moves that will be made in the future, which any idiot can use to trade his way into being rich enough to retire, and I'm just gonna share it with you here on this Cambodian Stratego forum so you can get rich with no effort. Hang on while I type up my proof...

Jesus Christ. Welp glad I have a good sturdy piece of rope when shtf.

>Stock record low
>Bank run 1b$ a day

Nah everythings good bro

finally some savant user with the answers. Where have you been lurking?

How will people buy crypto if they can't deposit their fiat into the bank first?

Best thing you can all probably do is to buy $Zbux before it gets listed on cmc. 1.5 Mio total supply zuck bucks

So it sounds like ultimately the best option is for the government to print more money?

If they let the banks fail it could trigger global pandemic. The boomer generation is still alive and well and they want their pensions.

If they print more money..it's kicking the can down the road, leaving us to deal with this fucking mess.

Take out before the recession (timing is damn near impossible unless youre very conservative) and then accumulate when it dumps because it'll spike soon after. Think housing 2007-now

>recession
That’s not how you spell Depressiageddon

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money printing wont be the solution this time. just as negative interest won't fix it.

here are some suggestions: (read this if you doubt that we run into something big)
ray dalio - navigating through big debt crisis
dr markus krall - when black swans mulitply

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Yikes, peoples 401k are going to get slaughtered when the damn breaks.

You transfer what is there over to crypto before it completely hits the fan. Those that cant dont evem have money now

>DB implodes
>no one in the entire world notices except germs

It's not Happening

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btc was created because of the last recession, you do the math

>no one care about the worlds fifth largest economy and biggest contributor to the EU going into recession

correct
USD more than AU and bitcoin though
BTC will be used by Europoors to flee into dollar and Au might be get heavily manipulated to feather off the loses. USD is save as long as Trump is in the White House, beyond that, doom.
Earliest Q4 2019, latest Q1 2021

zerohedge.com/s3/files/inline-images/2019-07-16 (1).jpg?itok=-4HjNU4-

Checkt it out !!