Deutsche Bank toxic derivative losses

mayonnaise

AG47 wrote: »

Many are predicting Sep 11 2019 as the official death of Deutsche Bank

Can't be right, because the system collapsed in 2016.

AG47 wrote: »

(Posted October 2016) Today the Good Guys WANT to take down the system so there may be some charges coming as the system collapses next week.

Malthusian

westernpromise wrote: »

How many and who?

A million Mayans can't be wrong.

AG47

Sorry all you DB cheerleaders but they are going down.

Once they go under €6 that’s all she wrote,

What will happen then when the toxic derivatives bomb goes off?

This is the question that all the cheerleaders want to avoid, to see if I’m right see how many try to answer the above question or if they try to childishly change the subject.

Kentish_Dave

AG47 wrote: »

Sorry all you DB cheerleaders but they are going down.

Once they go under €6 that’s all she wrote,

What will happen then when the toxic derivatives bomb goes off?

This is the question that all the cheerleaders want to avoid, to see if I’m right see how many try to answer the above question or if they try to childishly change the subject.

Did you not predict that it was imminent a few years ago?

I’ve never met anyone that can get something so wrong so many times and yet still convince themselves that they know what they are talking about.

fun4everyone

AG47 wrote: »

Somebody else who see the truth

You are not welcome here, careful. There are many DB cheerleaders just as there were layman bros, who like to have an alternative version of the truth.

The biggest question is what will happen if a too big to fail bank like DB actually fails in this environment in 2019?

Thanks, yes I realise there are many DB cheerleaders here it doesn't matter. The truth is the truth.

They have been on the brink for a long time. Breaking regulations and laundering dodgy money has kept them afloat for a few years but that can only last so long. At least the FT realises that.

https://www.ft.com/content/d537f416-7c71-11e9-81d2-f785092ab560

I don't know what happens when it goes bankrupt. It's a when not an if. I can't see the Germans bailing it out, political nightmare. It will have some harsh knock on effects.

chucknorris

AG47 wrote: »

Sorry all you DB cheerleaders but they are going down.

Once they go under €6 that’s all she wrote,

What will happen then when the toxic derivatives bomb goes off?

This is the question that all the cheerleaders want to avoid, to see if I’m right see how many try to answer the above question or if they try to childishly change the subject.

I think you are probably the only one who cares about the DB share price, the only way that I am possibly connected with it, is that I have a very small investment in the (all world) VYHL etf, and of that small investment 3.73% of it is invested in many German companies, so not significant at all. I never even thought about it until now, and anyway it is currently up over 39% since I invested.

AG47

chucknorris wrote: »

I think you are probably the only one who cares about the DB share price, the only way that I am possibly connected with it, is that I have a very small investment in the (all world) VYHL etf, and of that small investment 3.73% of it is invested in many German companies, so not significant at all. I never even thought about it until now, and anyway it is currently up over 39% since I invested.

Everybody on earth who uses fiat currency will be affected when DB goes down

2008 was GFC 1 when layman went down, this is going to be GFC 2.0 on steroids when DB goes down,

And it is happening right right now

https://youtu.be/1F1y9HF9CCE

AG47

GFC 1.0 in 2008 they had room to lower interest rates, they could expand the currency supply with quantitative easing.

GFC 2.0 when Deutsche Bank blows the derivatives time bomb the people won’t stand for another banker bailout. The money supplies are all far too big and they promised to reduce the flooded supplies and they are already at net zero interest rates, they can’t cut anymore like they did in 2008.

chucknorris

AG47 wrote: »

Everybody on earth who uses fiat currency will be affected when DB goes down

2008 was GFC 1 when layman went down, this is going to be GFC 2.0 on steroids when DB goes down,

And it is happening right right now

https://youtu.be/1F1y9HF9CCE

Not that I believe that at all, but setting that aside for a moment. Why does that notion provide you with so much glee? Are you not on Earth?

What is your solution, silver, gold, bitcoin or something else, how has that strategy been working out for you so far?

westernpromise

It's just so hard to take anyone seriously when they constantly refer to, but can't spell, "Lehman".