Deutsche Bank toxic derivative losses

AG47

CLAPTON wrote: »

we get richer or poorer due the the amount of goods and service we produce / consume

why does a failure or part failure of DB change theses?

If DB are too big to fail, that means they can't fail because the entire world economy will crash.

Well facts show they are now too big to bail, and they are failing.

If you disagree then why, please come up with some reasons why they are not failing and they can somehow survive this?

CLAPTON

AG47 wrote: »

If DB are too big to fail, that means they can't fail because the entire world economy will crash.

Well facts show they are now too big to bail, and they are failing.

If you disagree then why, please come up with some reasons why they are not failing and they can somehow survive this?

I don't know enough about D B to have a view.
The world economy will not 'collapse' as long as goods and services continue to be produced and comsumed

AG47

CLAPTON wrote: »

I don't know enough about D B to have a view.
The world economy will not 'collapse' as long as goods and services continue to be produced and comsumed

There has been a new world monetary system every 30-40 years for the last coup,e of centuries. The last new international monetary system was Aug 15th 1971, we are overdue.

Goods and services may still be bought and sold, but the worlds monetary system is in big trouble.

DB is in big trouble.

westernpromise

AG47 wrote: »

DB is in big trouble.

This you know how?

Thrugelmir

westernpromise wrote: »

This you know how?

Old news.

The International Monetary Fund called the German bank the riskiest financial institution in the world as a potential source of external shocks to the financial system. That labeling came right after a U.S. banking unit of Deutsche Bank was one of just two banks to fail the Federal Reserve’s “stress test,” an exercise measuring how 33 banks would fare in the event of another financial crisis.

http://www.wsj.com/articles/deutsche-bank-shares-tumbled-to-a-30-year-low-after-fed-imf-rebuke-1467278856

New news.

The $14bn Deutsche Bank fine – all you need to know

https://www.theguardian.com/business/2016/sep/16/deutsche-bank-14bn-dollar-fine-doj-q-and-a

Electrum

Yep..

“
The $14bn Deutsche Bank fine – is all you need to know.

somebody said if their latest fines for all the criminal activity could be as high as a Billion then there is no way they can pay it. Now its $14 Billion

But what I dont understand is if DB goes down, then JPMorgan goes down, Goldman Sachs goes down and the entire system goes down. This is what too big to fail means. Now the system is failing.

Why isnt this the first story on the news and front page? Instead they concentrate on some hacker who got Yahoo, big deal that will be forgotten about in years to come, DB collapsing will be in the record books and the knock on domino's that will be pushed over.

Electrum

I have heard from more than one source now that DB will do a Lehman shock at the end of Sep.

My only question is, how can they last that long?

Electrum

What will be the consequences if DB does collapse like Laymen did and we have another 2008 all over again? What if this time there is no bailout, because the people wont stand for it?

Thrugelmir

Electrum wrote: »

But what I dont understand is if DB goes down, then JPMorgan goes down, Goldman Sachs goes down and the entire system goes down. This is what too big to fail means. Now the system is failing.

DB would be part nationalised with the German Government buying a sizable stake. RBS shows how it can be done. Nearly 8 years later and the job is far from done.

Electrum

The knock on effect will make other dominos fall on larger ones and again and again.

Germany does not want to bail out or take on the toxic derivatives of DB, that would be the end of europe, Germany are the strongest left in the EU, and that doesnt say much for the strength of the EU now