Deutsche Bank toxic derivative losses

Kentish_Dave

AG47 wrote: »

Comparing RBS with the DB situation is like comparing a small house fire with Chernobyl nuclear meltdown

How so? RBS was far larger.

Do you actually know anything at all about finance?

I’m starting to suspect that you work in a shop, live with your mother and that your only expertise of financial markets is from the internet.

AG47

Kentish_Dave wrote: »

How so? RBS was far larger.

Do you actually know anything at all about finance?

I’m starting to suspect that you work in a shop, live with your mother and that your only expertise of financial markets is from the internet.

$50 Trillion with a ‘T’ derivatives bomb

RBS was like a small house fire, DB is like Chernobyl blowing up

AG47

phillw wrote: »

Money is a human construct, even if your predictions are true then someone will figure something out that keeps us going.

AG47 wrote: »

Tell that to Venezuela, Wiemar Germany and Zimbabwe hundred trillion dollar currency notes.

What they did in 2008 was lower interest rates down to near zero, then creating trillions of units of currency out of thin air, hoping they can reduce currency supplies later.

All they did in 2008 was kick the can and made things far worse as now they can’t lowwr interest rates as they did in 2008, and they can’t expand currency supplies at a time when they promised to reduce expanded supplies.

I know one till think that since 1971 the Unbacked temporary new international monetary system nothing can happen, and they can just fix it by typing in a trillion new units of pounds, dollars and euros to bail out the banks again.

But this will bring hyperinflation

phillw

AG47 wrote: »

But this will bring hyperinflation

It depends on how creative they are. The US has managed to maintain their bluff for years.

Out,_Vile_Jelly

Has the apocalypse happened yet? I spent the bank holiday at the seaside so didn't notice.

AG47

phillw wrote: »

It depends on how creative they are. The US has managed to maintain their bluff for years.

The us can because they keep forcing other countries to use their units of fiat for the oil trade

Sadam wanted to sell oil for something other than the dollar and they went in destroyed the country and killed him.

Gadaffi also wanted to sell oil for something other than the dollar same story.

In Syria they tried the same thing but failed because Russia stepped in to protect them.

Iran also want to not use the US dollar anymore and the Americans are doing all they can to go to war, it the people of the world won’t stand for it o easily tho time. If they start shouting weapons of mass destruction again then this time everybody will know they are lying from their he start, instead of finding out it was based on lies after all those people had been killed

China and many others are now trading oil and other things outside the petro dollar. Bilateral trade agreements outside the petro dollar mean all those dollar will come flooding home to roost.

Something like 60% of the units of currency in the world are usd. There are trillions and trillions of official and unofficial digital and printed on paper, (official and unofficial) forged or printed in the us mint.

Many trillions in dark pools of liquidity, countless other trillions.

All they can do is keep expanding the currency supplies all around the world, hyperinflation is inevitable

DB share price dangerously low, now we’ll under the €7 mark, if it goes under €6 that will be all she wrote:T:eek:

Kentish_Dave

You’re completely off into conspiracy theories at this point, ignoring the vast amount of evidence that proves you wrong and twisting other pieces to spin a story.

It’s an interesting psychological phenomenon, the conspiracy mindset, especially the way that the beliefs seem to cluster.

Which other conspiracies do you believe in? Chemtrails? Moon landings hoaxed? New world order?

What is fascinating is the way conspiracy theorists will believe completely contradictory theories.

fun4everyone

What is fascinating is the way the truth is ignored when it doesn't suit, or when it is a threat, even when its staring you in the face.

DB is going bust.

mayonnaise

fun4everyone wrote: »

What is fascinating is the way the truth is ignored when it doesn't suit, or when it is a threat, even when its staring you in the face.

DB is going bust.

Yes we know.
AG47 already told us.
First post in this thread.
3 years ago.

fun4everyone

mayonnaise wrote: »

Yes we know.
AG47 already told us.
First post in this thread.
3 years ago.

They were in severe dire straits then and have only staggered along in a death spiral avoiding the final nail by laundering dodgy money and getting fines lifted. Check out the FT articles, I linked one in a previous post, they do understand whats up.

If you had been blind enough to believe they were an OK bank back then you would have lost a fortune had you bought their shares at any point since. The truth was known.