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Deutsche Bank toxic derivative losses
Comments
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How are people going to pay for said shelter? If the financial/banking system goes down, when DB collapse can't be postponed any longer, or if currency collapses.
Property will correct to true value from its manipulated bubble high.
How are the government going to pay the police and justice system to force you out?0 -
TrickyTree83 wrote: »How are the government going to pay the police and justice system to force you out?
Exactly right.
As happened in Spain and Portugal tenants become squatters, only a few are successfully evicted, and they just find another squat. Property falls the through the floor.Nothing has been fixed since 2008, it was just pushed into the future0 -
Exactly right.
As happened in Spain and Portugal tenants become squatters, only a few are successfully evicted, and they just find another squat. Property falls the through the floor.
Saying precious metals are the way forward in a financial apocalypse assumes that the financial systems that we're used to, that failed, will continue to be used - money. What I'm saying is that the basic necessities for survival will become more important than trinkets and shiny things.
But then I don't think any of this will come to pass, those with power and money at the moment will not want the current system to falter. Why would they? If I were in their position I wouldn't either.0 -
TrickyTree83 wrote: »Saying precious metals are the way forward in a financial apocalypse assumes that the financial systems that we're used to, that failed, will continue to be used - money. What I'm saying is that the basic necessities for survival will become more important than trinkets and shiny things.
But then I don't think any of this will come to pass, those with power and money at the moment will not want the current system to falter. Why would they? If I were in their position I wouldn't either.
Looking at past currency crisis' is always a good indication. Gold and silver bullion were very good protection every single time.
But history doesn't always repeat exactly, it rhymes
It will be a little different this time around.Nothing has been fixed since 2008, it was just pushed into the future0 -
The ratings agencies still haven't downgraded DB!,,,,
They have now lost any credibility they have left, and they will now be accountable when the big collapse of DB can't be postponed any more.Nothing has been fixed since 2008, it was just pushed into the future0 -
The ratings agencies still haven't downgraded DB!,,,,
They have now lost any credibility they have left, and they will now be accountable when the big collapse of DB can't be postponed any more.
Seems your forecast on an imminent downfall is wide of the mark. :shocked:
Perhaps it's your credibility that's looking a little shakey. :eek:0 -
Thrugelmir wrote: »Seems your forecast on an imminent downfall is wide of the mark. :shocked:
Perhaps it's your credibility that's looking a little shakey. :eek:
Maybe, but the 2008 crash tells us we should not necessarily ignore those lone voices warning us Banks are about to go pop. Did you see the film The Big Short? Handful of traders totally out on a limb as everyone else thought the likes of Bear Stearns just couldn't fail.0 -
Maybe, but the 2008 crash tells us we should not necessarily ignore those lone voices warning us Banks are about to go pop. Did you see the film The Big Short? Handful of traders totally out on a limb as everyone else thought the likes of Bear Stearns just couldn't fail.
Times have moved on. DB is no doubt working every day to restructure the entire business. May not be visible to the naked eye but it's happening. Also under the watchful regulatory eye of the Bundesbank.0 -
Oh, dear, Oh, dear – more bad news with regard to this bank just at the end of today (Friday). It might be interesting to see what happens on Monday…0
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