Charting the collapse of a Bank .

luvpump

http://www.zerohedge.com/news/2016-07-09/charting-epic-collapse-worlds-most-systemically-dangerous-bank

Seem's like Deutsche bank is on very thin ice, some feel it's collapse is inevitable, 5 times that of Lehman

iantojones40

You seem to be forgetting we're now in a brave new neoliberal world, where banks will just be forever bailed out/in using taxpayers/savers money.

I predict no major bank will ever go bust again no matter how much trouble it gets itself into.

Conrad

This has been pencilled in for a while along with the Italian banking collapse, another reason I chose Brexit, I want out of this lame duck cult

Thrugelmir

luvpump wrote: »

Seem's like Deutsche bank is on very thin ice, some feel it's collapse is inevitable, 5 times that of Lehman

With some wheeling and dealing the UK banks were kept afloat. They were just 48 hours from collapse. I'm sure there's constant dialogue with the Bundesbank.

luvpump

Conrad wrote: »

This has been pencilled in for a while along with the Italian banking collapse, another reason I chose Brexit, I want out of this lame duck cult

indeed .

https://www.youtube.com/watch?v=jlonIkOJ5aM

mwpt

iantojones40 wrote: »

You seem to be forgetting we're now in a brave new neoliberal world, where banks will just be forever bailed out/in using taxpayers/savers money.

How is bailing out the banks neoliberalism?

Thrugelmir

Conrad wrote: »

This has been pencilled in for a while along with the Italian banking collapse, another reason I chose Brexit, I want out of this lame duck cult

State of the Italian banks is concerning. Sure to be plenty of corrupt activity uncovered.

Conrad

IMF just issued a warning about Italian Banking and saying Italy will have to endure 20 years of grim

They need a Itexit now, devalue, boost internal consumption and mimic Icelands rapid recovery

The EU is dead

mwpt

Conrad wrote: »

IMF just issued a warning about Italian Banking and saying Italy will have to endure 20 years of grim

They need a Itexit now, devalue, boost internal consumption and mimic Icelands rapid recovery

The EU is dead

The Euro should be dead.

The problem is a unified monetary policy without unified fiscal policy. In the UK we have unified fiscal and monetary policies.

I wonder though, with their own currency, why would Italy necessarily turn out to be Iceland? Why not Venezuela?

merlingrey

iantojones40 wrote: »

You seem to be forgetting we're now in a brave new neoliberal world, where banks will just be forever bailed out/in using taxpayers/savers money.

I predict no major bank will ever go bust again no matter how much trouble it gets itself into.

Theres nothing neoliberal about it, free market capitalism is about letting the markets decide the outcome without government (state) interference.

It's socialism not neo-liberal.

Alan_Brown

The Eurozone's own rules prevent a bank bailout. They will be the architect of their own demise, hoisted on their own petard...