Why is Germany's economy better than yours?

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Why is the Deutsche Bank crashing?

Because Hitler fixed it and now you are fucking it up again

germans have no souls and do exactly what they're told by anyone who presents themselves as an authority figure

Derivatives afaik. No one really knows what's going in.

Then, every European bank is doing bad atm.

It's operating on lower levels than the 2008 recession. What the fuck is gonna happen to Euro? Scratch that, what's gonna happen to the PIGS once the Euro burns out of its existence?

it always was

As I told you, banks have a hard time in a low growth, low interest rates environment. It would be far more miraculous if Deutsche was doing well.

Brazil is mostly independent from world trade, it is mostly dependent on foreign investment. Your domestic problems are larger than foreign trade ones.

it's private bank, it has nothing to do with the german state

That's objectively false, our banks are reporting crazy profits like clockwork month after month for years, and our current recession hasn't stopped any of it at all. Granted, the interest rates are not small, but that doesn't really have a correlation with the Deutsche Bank.

That's not what I meant at all.

What's the point of a good economy when all the money gets spent on refugees?

>Granted, the interest rates are not small
So, there you have it.
Banks have it fast easier in a high inflation, Hugh interested rates environment.

Deutsche Bank is crashing for two main reasons

1) Deutsche's main thing is investment banking, which is the part of banking which has been most fucked by the financial crisis and low rates

2) The German retail banking sector has more competition than most European countries so it's much harder to make a profit, which is why they're talking about consolidation now. So low rates are fucking over the German banks more than most other European banks

What will be interesting is if Deutsche fails it will royally fuck the German economy and probably need to be bailed out. So it will be interesting how the German government manages this after telling the Greeks, Italians etc that they're not allowed to bail out their banks.

>So it will be interesting how the German government manages this after telling the Greeks, Italians etc that they're not allowed to bail out their banks.

They never had a problem with the Irish and Spanish bailing out our banks, so don't worry.

The new rules came in at the end of 2015. Before that, state intervention was allowed. Now it's too late. From article on Italian banks:

>Unfortunately for Mr Renzi the time to take decisive action is running out. The Italian government could have carried out a major recapitalisation between 2008 and 2010, when other banks around Europe and the US were going through a similar process; it could have set up a bad bank in 2012 when the Spanish government did the same, and it had room for other forms of state intervention before the introduction of the EU bank resolution and recovery directive at the end of 2015.

>The new measures, adopted at the behest of Berlin, severely constrain a eurozone government’s ability to rescue a struggling bank. Designed to prevent politically unpopular taxpayer-funded bailouts from being repeated, it now means no Italian bank can be recapitalised with public money without first forcing huge losses on investors — including, in many cases, retail depositors who were sold billions in questionable bank bond investments.

ft.com/content/a594eb58-443c-11e6-b22f-79eb4891c97d

>what's gonna happen to the PIGS once the Euro burns out of its existence?

Nothing overly dramatic. In the beggining closed banks, some shortages, turmoil, inflation but that's for the first months to a couple of years. Then you have a currency that you can control and plan accordingly.

Important part is this

>The new measures, adopted at the behest of Berlin, severely constrain a eurozone government’s ability to rescue a struggling bank.
>The new measures, adopted at the behest of Berlin, severely constrain a eurozone government’s ability to rescue a struggling bank.
>The new measures, adopted at the behest of Berlin, severely constrain a eurozone government’s ability to rescue a struggling bank.
>The new measures, adopted at the behest of Berlin, severely constrain a eurozone government’s ability to rescue a struggling bank.

REALLY
MAKES
YOU
THINK

Is it?

>Is it?

RMYT

The only alternative would be a bail-in, that still leads to widespread losses in the population. One way or another, there is no "too big to bail" - only "too big to fail".

>One way or another, there is no "too big to bail" - only "too big to fail".

Indeed!

Can that too big to fail meme go on for ever? And then what? Banks are going to grow "failier"? Doesn't the bubble have to burst eventually?

It'd simply a matter of interconnectedness. Whenever a major world economy is in recession, everyone's feeling that. The same applies to failing banks. They are the intersections of economic activity.

Yes but you can't sustain an insolvent institution be it a bank or a state for eternity. Something gotta give eventually.

We Asians know it is because Germans are the master race.

>Can that too big to fail meme go on for ever? And then what? Banks are going to grow "failier"? Doesn't the bubble have to burst eventually?
No it can't. At the end of the day governments will stop them going too far. What happened with the big British banks is that they were bailed out by the Taxpayer and then the government used their stake in the banks to make them downsize

Because we are sheepshagging hillbillies with no ordnung

It'll often appear alluring to let banks or companies fail, but the self-healing powers of the market may wait for decades to wait an appearance. So postponing problems is the safer solution.

We are hardworking and far less corrupt than the PIGS