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Deutsche Bank toxic derivative losses

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Comments

  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    The big question is what will happen when DB which is a too big to fail banks actually fails?

    The big question is why do you continue to post such nonsense when you clearly have absolutely no idea how derivatives work.
    AG47 wrote: »
    Let's see if I'm right.

    Like you were right three years ago? Oh, wait, no, you were completely wrong when you guaranteed DB would have already collapsed by now weren't you?
    AG47 wrote: »
    This bank holds more notional derivatives than any bank on Planet Earth with estimates of $75T+.
    AG47 wrote: »
    50 trillion here and 50 trillion there and pretty soon your talking about real money

    Three years ago you said it was 75 trillion... So even though you don't understand the market presumably even you admit they've reduced their exposure significantly over the last three years?
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • AG47
    AG47 Posts: 1,618 Forumite
    Derivatives = weapons of mass financial destruction.

    Warren Buffet
    Nothing has been fixed since 2008, it was just pushed into the future
  • What do you think the consequences will be, AG47, and what are you doing about it?
    They are an EYESORES!!!!
  • AG47
    AG47 Posts: 1,618 Forumite
    What do you think the consequences will be, AG47, and what are you doing about it?

    Very good question, there are some good members on the forums who don’t always try to distract and change the tune.

    My answer is I just don’t know, but I’m not burying my head in the sand.

    DB is a too big to fail bank and as I’ve always said from the start of this thread years ago if they fail it will take down the entire global financial system.

    They absolutely can not fail, this is why such shocking things are happening behind the scenes.

    I can see a mixture of a bail in, which is still not enough and a bail out for the remainder. But there are huge problems with both, there could be bank runs with the bail in aspect and the people of the world will not stand for yet more banker bailouts after 2008 GFC 1.0.

    GFC 2.0 is the big one, it’s happening now as we speak as they desperately try to delay DB from collapsing
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    edited 13 June 2019 at 10:51AM



    Three years ago you said it was 75 trillion... So even though you don't understand the market presumably even you admit they've reduced their exposure significantly over the last three years?

    Yes they have tried to reduce it, after the dust settles it may be a different number to the fifty trillion number reported.

    It may even be as low as ONLY in the Billions not Trillions :rotfl::rotfl:

    Whatever the truth is one thing is certain, the DB cheerleaders can’t change the tune enough to distract away from what is really going on in the real world.

    Nobody else has made predictions what they think will happen. Some still think DB can recover, some think all the criminal charges were wrong and they are innocent they are actually honest bankers if there is such a thing.

    Some think they can collapse without taking down the entire global financial system?

    Let’s hear some predictions rather than trying to distract away from the main story which is the slow collapse of a too big to fail bank with the largest derivatives book
    Nothing has been fixed since 2008, it was just pushed into the future
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    The reason nobody cares about DB is because the thread is largely you shouting at yourself about it, and your shouting shows you understand less about it than most and probably nothing at all.

    It's as though you were to post repeatedly that BMWs are unsafe because a trillion hatstands. This quality of post would persuade nobody that BMWs are unsafe. Typing it in red block capitals would make no difference. Nor would 300 similar posts over 3 years.

    Does that help at all?
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »
    Sure I will happily explain again.

    The big question is what will happen when DB which is a too big to fail banks actually fails?

    Many on here try to avoid this question by distracting and trying to change the tune.

    Getting back to this question is key.

    But instead of discussing this question watch other attempts to change the tune again? Let's see if I'm right.

    This does not explain why you were replying to your own post, accusing yourself of attacking you.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • AG47
    AG47 Posts: 1,618 Forumite
    More attempts to distract from the burning question, what will happen when DB continues to collapse?

    Instead of clutching at straws why not comment one way or another on the topic?

    If you think DB are not in troubl then explain your reasons?

    If you think their derivatives problem is not fifty trillion then explain your reasons?

    If you think they could collapse and not collapse the entire global economic system when the derivative bomb goes off then please explain your reasons.

    Or prove me correct yet again by trying to change the tune yet again :)

    It will not work, no matter how much effort to try and take this thread off track the topic will keep coming back on track. A too big to fail bank is failing. It can't fail without taking down the entire global financial system, thus the meaning of a too big to fail bank.
    Nothing has been fixed since 2008, it was just pushed into the future
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »

    If you think DB are not in troubl then explain your reasons?

    What part of this did you not understand?
    There isn't much doubt that they are in an uncomfortable financial position, but I am also curious why you are so obsessed with DB.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • AG47
    AG47 Posts: 1,618 Forumite
    What part of this did you not understand?

    Once again I'm interested because DB are a too big to fail bank, meaning if they fail then the entire global financial system will fail.

    So are you admitting they are in serious trouble but you don't think they could collapse?

    Is your reasons because you don't think the global financial supystem will be allowed to collapse?

    How do you think the collapse will be prevented?
    Nothing has been fixed since 2008, it was just pushed into the future
This discussion has been closed.
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