what the fuck happened?
what the fuck WILL happen?
what the fuck happened?
what the fuck WILL happen?
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doesnt matter
nobody cares
>The face when the DB is unironically the reason for the Euro crisis, refugee crisis and brexit and now italy and greece will go too.
Kek, I know people in Frankfurt that worked at the Deutsche Bank. They left because the envoirment was depressed and they had the feeling that the bank could shut down/kick workers out anytime. This bank is far from being a competive profitable company.
The germans will try and ruin europe again, that’s what will happen
>doesnt matter
>
>nobody cares
lmao you ignorant fucking retard
The bank’s assets are valued at about €1.8tn (£1.5tn), which is half the size of the German economy. This illustrates the size and scale of the bank.
Even before the bank’s latest crisis emerged, the International Monetary Fund had been sounding the alarm about the significance of Deutsche Bank on the world stage, saying it “appears to be the most important net contributor to systemic risks”. It is a key player in the market for derivatives, which are complex financial instruments used in a range of activities from insuring against interest movements to taking bets on stock market movements. These products were at the heart of the 2008 global crisis when a collapse in US property prices hit valuations of certain derivatives.
>70 trillion in derivatives exposure
Nothing to worry about
this will help you understand why it doesnt matter and why nobody cares
>what the fuck happened?
We have been living on borrowed time since '08
>what the fuck WILL happen?
Bail ins seams most likely, can't bail out now to big to fail.
You guys understand that the 'money' in 'your' bank account is not yours, right? you have deposed yourself of those funds and given them to the bank. the money in the bank is the banks money.....
This will mean a crypto bullrun and a complete chimp out of the euro. The only bank buying gov bonds in europe is the Deutsche Bank and the European bank. When countries like italy and Green start to default payments and they become unable to print money because of the rising inflation everything will go to deflationary assets like metals and crypto. Maybe even a war is on the horizon because of Russian and China shitting on the petro-dollar
the collapse of deutsche bank will mark the point in time when the EU will go all out on their totalitarianism
They will fulfill their goal of the Kalergistan.
The hoards of nigs and arabs are just cannon fodder for the legitimation of martial law.
Fuck it, europe has survived worse. I'll maybe buy a house in Austria or Switzerland and bug in, if there is enough time that is... if not, well... I dunno.
I am heading over to the emerging markets when this shit pops off. It will be better to be in a 'poor' country as the lack of credit is not going to hurt as much. it is the rich countries that will suffer the most
>This illustrates the size and scale of the bank.
It's the 4th biggest bank in the EU, barely bigger than Santander, a fucking Spanish bank.
i hope it gets worse, the margin calls accelerate and the contagion spreads. this has been due a long time and no more bail in or outs. buckle up it could actually happen this time the central banks options are limited
Your best bet is prob Russia.
Any emerging country in the Americas will be directly affected bc they have weak currencies and hedge their economy using dollars.
Russia and China are the biggest hoarders of gold atm
And their territories are big enough to avoid repression n
be careful to choose somewhere with a good rule of law else the locals will butcher you
Never forget that Germany is directly related to the EU bank. If DE Bank goes to the shitter the EU Bank will follow
Lets hope this happens user. We will get rich, crypto will go mainstream and the bankers will get rekt
As far as I know, the ECB has a lot of options left
>QE on states debt
>QE on corp debt
>Direct contribution to EU budget
>Direct investment in EU infrastructure
>Actual helicopter money
Litteral nonsense. The largest banking sector in the EU is the French one. (1st, 2nd, 3rd and 6th bank in total assets)
all their options require printing money. if this bank goes down the rest will follow like dominoes
>all their options require printing money
Good thing it's the job of the ECB and all states central banks right ?
>Largest bank in Europe fails
>This is good
Assuming you're an amerifat that would NOT be good for you.
the bank has existed over 100 years
granted they did just have like 5years straight of losses or something
what makes you think the bank should "go down" anytime soon
>DB
>Largest bank in Europe
jej
Lehman Brothers was around for 158 years before getting rekt. Age has nothing to do with this.
Sneak peak
I'm european. I've hedged agains fiat and easy credit my whole life. I'll be ok :)
Uncle Soros can already smell the sheckles.
www.financialexpress.com/economy/after-george-soros-paul-krugman-ace-investor-ed-yardeni-warns-of-looming-financial-crisis/1187176/lite/
the us stopped propping up world trade. db will implode and the eu will vanish with it. once that happens europe will once again start wars with themselves and nato won't be there to protect them. this is all according to plan. the us will silently wait until the rest of the world collapses to take over once more.
>there is people in this thread thinking DB in the german central bank
classic Jow Forums
yeah but
the reasons the lehman bank got fucked and the reason why the deutsche bank has a couple of years of straight losses are different
>the us stopped propping up world trade
Are you somehow implying that the US will start producing things locally ? Are americans ready to pay for their consumer goods twice as much as they did before ?
>Are you somehow implying that the US will start producing things locally ? Are americans ready to pay for their consumer goods twice as much as they did before ?
those of us who are worth a shit are, you'd be surprised
same with barings bank also. the common denominator is excessive exposure to risk through greed its a bank killer
delusional + /reddit/ spacing
Yet you hold the largest trade deficit in the world per capita, because you guys love to buy shit overseas.
again, those of us who are worth a shit have already stopped buying frivolous trash
Are you phoneposting on an asian-made cellphone or are you sitting in front of an asian-made computer ?
And all that can change real quick btw and it already is and will only accelerate
I can't begin to describe just how fucked ex-US will be in the coming years
how about you tell me why the lehman brothers situation and the deutsche bank situations aren't completely different and disprove my point instead of randomly insulting me cuz of your retardation?
Yes you are right, the US balance of trade gets worse very fast and it accelerates.
bait someone else eurocuck, this is exactly why so many of us are willing to pay extra for US made goods, because we're tired of shithole countries using us as a scapegoat for their own shortcomings
You're seriously retarded, the nyse would crash worse than in 1929 if companies had to cut earnings by that much
so whats the answer guys? i have shamelessly bumped this thread as this board has a habit of getting cluttered with angsty manlet syndrome nonsense detracting from better discussion
>tfw you're 22 and just becoming an adult just in time for the world to fuck you
nice! just buy gold!!
All banks were levered 33:1 at the peak of the financial crisis. Most of those toxic assets that the FED were able to purchase off American banks were never bought off the European banks with their own central banks. This doesn't include derivatives which I would estimate banks being levered 10-1 on. May not sound like a lot but when you are dealing with derivatives, that is effectively a 50-1 leverage. You can bet your ass that DB is Lehman brothers on fucking super engineered steroids.
this will fuck up the world financial system
deutsche bank is one of the biggest risks in the banksystem since they had a bunch of idiots working in the management. wrong investings and no idea how to go with the flow and the evolving market. so if the new retard doesn't make things right asap deutsche bank will fuck us up soon.
Performance
2017 = -0.7bn €
2016 = -1.4bn €
2015 = -6.8bn €
let's see what will happen in the next few months
both are going to fall b/c the foundation for the system is based on fraud. LB fell due to fraud. DB has simply managed to hold out for 10 more years. we have been living off borrowed time since '08.
inb4 it was sub prime mortages
With Russia at least you can be sure it will always be a corrupt shithole
In a way they are just more honest about it. You get screwed over here too but it's all part of the law and legal so we can pretend it's all fine when the gov robs you with fuckery as in example criminal uses your company name and they can't find him so they take the money from you for not detecting it and reacting fast enough.
>they have the largest derivatives book on earth. over 70 trillion in UNSECURED LIABILITIES.
when they go the entire planet's financial system is dust
Looks like banking sector is ready for another ride. Stoxx 600 banks technically perfect lining for another huge dip
What crypto is this
DB laying off 10% of staff and more coming. FInance industry not looking good for coming years for hiring
economic collapse, the spigot of welfare will suddenly turn off for millions of migrants and shitskins
total chaos will descend on all major european cities with immigrant and parasite communist populations
This is the best answer ITT
How would this affect crypto?
Bullish, it's a hedge
The jews bought up every toxic asset in Europe with printed cash and dumped on db's balance sheet. Germans and jews are natural enemies. (Good vs evil)
DB has been a dead man walking for like a decade
Literally no one cares