Deutsche Bank toxic derivative losses

antrobus

John_G_Jones wrote: »

Duetcher? I don’t know that one.

Puzzled me too.

I know the Deutscher Girls.
https://www.youtube.com/watch?v=9fmg3JKHAcM

Do you think that is what they meant?

antrobus

AG47 wrote: »

What do you mean by you can't be given derivatives? Not sure what you are getting at there.

You have to buy them. Or to be precise, enter into a contract for which consideration is paid.

AG47 wrote: »

But if you study the temporary new international monetary system that the entire world went on to on Aug 15 1971, then you will understand that every unit of currency just springs into existence with interest owing on it.

(THese were exact words by Nixon on that day, yes we were told it would be temporary. It's been temporary for 50 years)

Oh I see, you want to go back to some kind of gold standard.:)

AG47 wrote: »

Where does the interest come from to pay that off? It also has to spring into existence with more interest owing on it and so on.

Economic activity.

AG47

John g Jones, do you even believe in the too big to fail problem? Or do you think its not a problem?

Or do you claim that if one of these too big to fail banks failed it would not destroy the entire financial system?

AG47

John_G_Jones wrote: »

You can't collapse the financial system on a global scale, they will do whatever it takes to bail out all the toxic derivatives?

For all those who doubt the implications of a too big to fail bank like Deutsche bank going under please watch this

https://youtu.be/ayqF_3B24pk

You have to ask can DB survive the charge of being the largest ever money laundering criminals right at the time of all the other charges against them, right at the same time as brexit is hurting all the Europena banks.

Right at the time when they have to announce last quarter losses Feb 2nd.

This is the biggest story on planet earth right now.

If a too big to fail actually fails, then the entire global financial system will fail.

No more banks, no more currency, no more paying rent or bills. No getting paid from your job, no able to pay your loans or credit cards.

What will happen come Feb 2nd? I predict they will beg for a bailout saying that the entire worlds financial system is under threat so here is no choice but to bailout again aka 2008.

But the yellow vest protest is just the start, the people will not stand for bother bailout........

Thrugelmir

Posted by AG47

1st Feb they have to release last quarter results, they can no longer hide the mass losses.

Tick tock the big day draws closer. :coffee:

antrobus

Thrugelmir wrote: »

Tick tock the big day draws closer. :coffee:

Apparently the world as we know it will end on the 2nd February. I suppose it makes a change from being told that the world as we know it will end on the 29th March.

I think I'll have an espresso.

John_G_Jones

AG47 wrote: »

John g Jones, do you even believe in the too big to fail problem? Or do you think its not a problem?

Or do you claim that if one of these too big to fail banks failed it would not destroy the entire financial system?

Some banks were too big to be allowed to fail in the past, which is why the financial sector has been pulled apart, rebuilt, and made to completely overhaul their capitalisation in the last ten years.

I worked on this for my bank, collapsing the balance sheet, exiting problematic deals and shoring up the capital, and although we can never say that we are 100% safe in all conditions we (and the others) are now about as safe as it’s possible to be.

I’ve friends who’ve done the same at DB, and they are now pretty safe as well.

I just don’t understand where you think you are getting your information fromthat it’s all a house of cards, as it really is not.

AG47

John_G_Jones wrote: »

Some banks were too big to be allowed to fail in the past, which is why the financial sector has been pulled apart, rebuilt, and made to completely overhaul their capitalisation in the last ten years.

I worked on this for my bank, collapsing the balance sheet, exiting problematic deals and shoring up the capital, and although we can never say that we are 100% safe in all conditions we (and the others) are now about as safe as it’s possible to be.

I’ve friends who’ve done the same at DB, and they are now pretty safe as well.

I just don’t understand where you think you are getting your information fromthat it’s all a house of cards, as it really is not.

Oh so you are a bankster yourself.

Now it al makes sense.

Yes nothing to see here, move along, DB are healthy they have nothing to worry about :rotfl:

AG47

antrobus wrote: »

Apparently the world as we know it will end on the 2nd February. I suppose it makes a change from being told that the world as we know it will end on the 29th March.

I think I'll have an espresso.

The financial system as we know almost ended on Sep 11 2008

All that has been done has just postponed the problems and made them much much worse.

The debts around the world have gone up by huge amounts, how do you solve a problem of too much debt? I know more debt that will do it:rotfl::rotfl::rotfl:

Yes come March 29th, then Feb 2nd DB can not hide their true situation any longer.

Will there be a bailout or a bail in?

The real question is what is the consequences of their not being a bail out and all banks around the world in contagion :T

AG47

Moe_The_Bartender wrote: »

Derivatives are weapons of mass financial destruction They are a completely different animal.

Pg and e are in deepdeep doodu

Filing for bankruptcy as we speak

Deutsche bank had significant derivatives with pg and e.

Can the market take this hit, will they get bailed out or a bail in?

They are in big trouble, could this be the start of the next big down ward move for the worlds stock markets ?