Deutsche Bank toxic derivative losses

Malthusian

Out,_Vile_Jelly wrote: »

I heard the news this morning and thought how excited AG47 would be as he fingered his little pile of gold coins.

Silver, darling, silver. He's not an idiot. Gold is for numpties who think that if something is glittery and yellow it must be worth lots of money, AG47 by contrast is too smart for that and knows real value means being glittery and grey.

Malthusian

westernpromise wrote: »

You're wasting your breath. The OP thinks, despite having had it explained several times, that if you buy something for £100 and it's worth £99, you are therefore down £199 rather £1.

An excellent summary. This is a variant of Positivemoneyism, the belief that if Adam has £100 and lends it to Beth, Adam has a £100 asset and Beth has £100 in cash, so between them they have £200 and Adam has created £100 out of thin air via secret financial Jew magic.

westernpromise

Malthusian wrote: »

An excellent summary. This is a variant of Positivemoneyism, the belief that if Adam has £100 and lends it to Beth, Adam has a £100 asset and Beth has £100 in cash, so between them they have £200 and Adam has created £100 out of thin air via secret financial Jew magic.

Yes, if you ignore Beth's net £0 position (cash minus debt to Adam) and focus just on the Jews, you're on the path to thoughtful enlightenment that ends in becoming either Jeremy Corbyn or David Icke.

antrobus

Well yes, DB's current woes are nothing to do with derivative losses, toxic or otherwise, and everything to do with the equities trading business, which they've decided to more or less get out of.

Thrugelmir

movilogo wrote: »

UK leaving EU.

German bank failing.

Merkel shaking.

Co-relation or co-incident?

All simply reflect the passing of time..........

AG47

Out,_Vile_Jelly wrote: »

I heard the news this morning and thought how excited AG47 would be as he fingered his little pile of gold coins.

I don't like gold, I think it's not as rare as we are told.

I like silver because it is even more rare than we are told.

My name is AG not AU

AG47

movilogo wrote: »

UK leaving EU.

German bank failing.

Merkel shaking.

Co-relation or co-incident?

There is even more going on behind the scenes.

Merkel is on so many drugs she might not even last as long as DB

Chaos come Oct

Thrugelmir

antrobus wrote: »

Well yes, DB's current woes are nothing to do with derivative losses, toxic or otherwise, and everything to do with the equities trading business, which they've decided to more or less get out of.

Good news for Barclays.

cogito

So DB is proposing to create a €72bn bad bank. My question is - who will fund it and how?

AG47

cogito wrote: »

So DB is proposing to create a €72bn bad bank. My question is - who will fund it and how?

It still won’t work.

Once the derivatives bomb fuse is lit, all you can do is wait for the BOOM