DEUTSCHE BANK IS FUCKED: Acceptance edition

Like a warm bath...

Other urls found in this thread:

twitter.com/Schuldensuehner
nytimes.com/2008/09/23/business/worldbusiness/23krona.html
reuters.com/article/us-usa-economy-idUSKCN11L1K8
rte.ie/news/2016/0830/812819-apple-tax-ireland/
amazon.co.uk/Essential-Talmud-Adin-Steinsaltz/dp/0465082734
wsj.com/articles/deutsche-bank-is-asked-to-pay-14-billion-to-resolve-u-s-probe-into-mortgage-securities-1473975404?mod=e2tw
twitter.com/SFWRedditVideos

Who's /comfy/ here?

poetry

Reporting in. Been talking about this for months with friends and family, we're all ready to weather the global shitstorm that it'll cause.

Explain this to the lay man ?
I have seen these threads before but not payed any attention, but I have seen people claim that you're all tinfoilers and nothing will happen.

How will Brexit effect this ?

thanks for the money Krauts. I will make good use of it

PRAISE KEK DOWN IT GOES

Brexain hasn't brexited yet. No effect. But the ECB will have to step in and bail them out if they have liquidity problems. And the Fed will have to step in to help the ECB if it has liquidity problems (without causing overnight inflation) and then rates will have to rise at least at the Euro level to soak up the extra money.

Better resolution on the Stock price + 5yr default probability :D

So what?
Euro cucks living standard is going to drop hard ?

RBS are tanking as well (partially due to brexit panic.) It's mostly due to the 08 bailouts breathing life into a dying industry. The big banks aren't sustainable and should have been left to die 8 years ago. Ireland won't prop them up this time.

Just give it all to greece

Starting to buy some gold ASAP.

This chart

>aren't sustainable and should have been left to die 8 years ago

It always baffles me that people kept them afloat.
What was the reason for this? Was it purely just to kick the can down the road ?

This. Good goyim keep Greece on float so nobody thinks that eu is in the collapse.

Where's this from? Bloomberg?

GOOD! THOSE SHITTERS HAVE BEEN REAPING BIG WINS ON THE BACK OF ALL EU NATIONS!

Considering the drop from $14.76 to $13.76 was a loss of $1.37bn market cap, and their market exposure being egregious, there's no telling what could happen.

>ECB bails out DB
Causes inflation, the Euro stretches less and buys fewer things

>ECB does not bail out DB
DB fails and margin calls happen globally (won't happen)

>ECB bails DB and Fed bails ECB
Most likely to happen because this is what is already happening. The Euro will experience at least short term inflation. The USD will experience short term contraction as the Fed will raise rates to get our money back. The ECB will have to raise out of negative territory to get their money back to pay the Fed. This will have a causation of the ECB bringing some new incentive to not lose confidence in DB at the Euro level. And the Fed will have to raise IOER back to where it was to keep the US banks happy.

TL;DR we're fucked and they're going to extract every last bit out of us globally

Any word on ECB emergency recapitalization or bailout?

If the Deutsche Bank goes bankrupt the entire world will become Greece tier.

>What was the reason for this?
Because the EU said we have to. They're trying to undermine our tax haven status though so we're now disobedient fucks. The EU is our new British Empire. They're dead to us now.

Éirexit won't need a referendum or article 50 either since the Lisbon Treaty violated our constitution.

Oy vey DB -9,52% at NYSE :D
It's from this fellow as this image here's
twitter.com/Schuldensuehner

That's from ToS

Very

Holly crap that isn't a correction, what the fuck happen did the owners started to liquidate the bank to ass rape the idiots that still have ownership over that sinking boat?

lol what? we made money off the banking crisis? this seems really weird. can i has some sauce? we pay more money into EU than we get back.

I hope the Germans get fucked. They're autistic bootlickers who brag every fucking time I ever meet any about how great their economy is and how they're going to punish us for Brexit.

Makes me honestly want another war.

thanks

>the Europe's biggest bank has least amount of liquid funds among the European banks
>not happening
pick uno
if DB falls it's game over

...

Fuck every country though

someone pls tell me they short these joos

Work in banking sector, if we raised rates we could be heading to something massive. It could stunt the housing market, which is really precarious right now

>EU starts trying to act like a big tough guy post-Brexit, talking about an EU army and trying to fuck with Apple
>USA steps in and punches the EU right in the fucking nose, EU starts peeing and begging for mercy

Thank you based America.

Sweden only paid 2% of it's GDP in the bailout but also received financial incentives to accept foreign migrants which led to a net plus.

Quick sauce nytimes.com/2008/09/23/business/worldbusiness/23krona.html
You can find more if you dig around.

DO EVERYTHING TO RUIN DB, STRONG POLAND = WEAK GERMANY AND REVERSE IN KEK NAME

The bank is fucked in general unless ECB figures out a way to buy all the toxic shit off the books.

Today it is down because the US govt is using a fine as a $14B counterclaim for the EU taxing Apple $14B.

The US treasury issued warning before the EU ruled against Apple and issued a harsh statement after EU hit Apple with $14B claim.

These two govt bodies are fighting. EU cucks take note how the actions of your Union can fuck all of you.

And notice of US govt didn't go after just any bank. They went after the weakest of the most important inside the EUs most important member.

Everyone in finance with half a brain knows DB is the linchpin to a massive shit show. US govt took a knife and went straight for the throat.

With that said... Your move EU. Choose wisely mf

brexit is only a sideshow here
it is more about corruption at deutsche...
they managed to really piss of the american and european watchdogs...
now they get sued again and again and end up with fines that somewhat harm them.
here are some search terms that will yield funny results:
-Jürgen Schneider real estate
- Bankers Trust
- Robert L. Barron
- Hewlett-Packard
- kirch gruppe
- money laundring
- enron
- Mannesmann Ackermann
- Fannie Mae and ...
- iran sanctions ;D
- LIBOR
- carbon credit scheme
....

they get fucked left right and center by basicly every regulatory body out there...

still sadly they will survive this... so don't go overbord with short positions... however still some potential to make money as bad news will keep piling up for while...

Top kek, literally the only thing krautshits are holding onto is MUH ECONOMY

the USA is fucked beyond belief atm, worst decline in any recession atm reuters.com/article/us-usa-economy-idUSKCN11L1K8

you fuckers are ballsdeep in a recession

It's everybody's job to make sure shit stays together while they're in office/ working/ own that shit
Who gives a shit what happens 25 seconds after i retire/ sell

>if we raised rates we could be heading to something massive
But a lot of interest rates are already going in the negative. It's not very sustainable to keep zero or negative rates in the long run, is it?

Correct, DB is too big to fail. You could let it fail, but the margin calls would cause a global collapse.

The "derivatives exposure" charts you see are only half accurate because they show a sum of call and put exposure, but the put/call ratio is not taken into effect.

The put/call ratio does not have a direct correlation to the exposure, but it does have a major effect at a more micro level. Should several calls go very much the wrong way - such as a bankruptcy of Ford or GM, there would be margin calls that couldn't be paid.... And there would be puts that were sold that couldn't be paid. But on the other hand, there would be calls/puts that would close automatically.

TL:DR the derivative exposure can be as high as it is without being as bad as it looks because of the circuit breaker mechanism that got put into play worldwide

>$14B counterclaim for the EU taxing Apple $14B

Source?

No one is "too big to fail." Let the fuckers burn.

Don't post this like its something new, its been happening since 2015

comfy as fuck

low rates are killing all the insurance industry and pension funds. How can you safely save for the future if interest rates are zero.

This serves the FED by pushing everybody into stocks. Money can't be 'free'. All that happens is mal-investment. If you invest poorly for long enough you will stave.

it's doing great...
deutsche will be a problem that will hount london more than us...
deutsche has more employess in GB if you count everything that orbits around them there...

He might mean this
rte.ie/news/2016/0830/812819-apple-tax-ireland/

If we have to bail out the ECB publicly, we'd have to raise rates. We've been bailing them out in secret, which has been causing CPI to rise like a frog in a pot of water that is heating up. Depends on the size of the package. If we air drop $1tn then rates MUST raise here in burgerland

Everyone is at the moment.

Exhibit A

Oh you are sooo wrong. King Obama said everything was great.

And that Brexit nonsense. Back of the queue guys. You just don't know what is good for you. Let your genius political masters decide for you.

well depends...
could also be the start of something better...
for the us and everybody else...

So how will this hurt the United States?

Also any books I can read to understand the mechanics behind economy and other related factors ?

>low rates are killing all the insurance industry and pension funds.
It's also killing normal banks because they have to pay to keep deposits (though this hasn't translated to negative interest on deposits, they're kept at 0%, ECB probably demanded this to avoid runs on banks). This can lead to very unexpected events where banks start playing around with risky loans again since they need the interest to keep operating. Throw in some spicy, fresh financialisation memes and you have 2008 part 2: electric boogaloo: EU edition.

>tfw my people voted no to EMU against the wishes of our previous two term PM and we still rock the glorious Krona!

Implying janet yellen will ever raise rates

Whether it's now or later you'll have to do something.

Like we give a fuck about a few hundred unemployed JFs in London. Drop in the ocean m8. And they aren't even headquartered here anyway, they're in Frankfurt.
Don't pretend that this is going to hurt anyone nearly as much as it will hurt Germany and the German economy. It's just a bit pathetic really.

Listen, no developed Econ in the world will grow above 4% ever again(all things remaining equal). With global trade on a massive down slide any developed Econ, like GB or USA, is lucky to get relative 2% GDP growth.

With that said... The EU went after Apple and you can bet US govt wants every fucking dollar of that money. As a result, US govt is going after DB. If u fucks had half a capitalist brain you would go after Caterpillar not the fucking behemoth of the world known as Apple. All socialist know how to do is fuck with the guy who has money

>will happen Wednesday
>cap it nigger
do you even know what a jew is?

I've been wondering how history will look on this time period. I'm thinking it'll be viewed as another depression. It honestly feels worse than 2008.

>The Euro will experience at least short term inflation.

This was Draghi's plan all along. Fucking faggot!

Everything is the start of something better and everything is the start of something worse. At the moment literally the entire international financial system is in at some level of risk. From the ashes may rise another but that's way down the line. It's going to keep getting worse until it shits out and then it'll get better

>Makes me honestly want another war.
Cool. I'll happily fight alongside the brits against the euros

Spoken like a true globalist

amazon.co.uk/Essential-Talmud-Adin-Steinsaltz/dp/0465082734

the mere mention of a rate hike docked the entire spectrum of the markets a few days ago , it ain't gonna happen lmfao

A little bird just told me it could rebound to $21 is he high or am I stupid?

kek, dis gun b good

wait until the EU asks for compensation to US banks.

Hell, it's about time, something huge must happen before October 2nd.

That's in all central bank's plans and is in the wide open. They aim for a match between inflation and GDP for access to money. Problem is that both numbers are reported incorrectly and on purpose.

>that fall

YESH

super stupid. the float is huge and a rise to that level is $7 or $8tn that the world doesn't have.

Hans, your Globalism is showing.

Jesus Christ do they tell you EU cucks anything anymore. We are counterclaiming that ass. Pay up mother fuckers wsj.com/articles/deutsche-bank-is-asked-to-pay-14-billion-to-resolve-u-s-probe-into-mortgage-securities-1473975404?mod=e2tw

Why go after CAT? Nobody is buying mining equipment because commodity prices are in the dump due to the global (de)recession.

CAT is a good company (I hold some of their stock), but they are an industrial behemoth tied to the state of the global economy.

basicly banks lend each other money all the time...
if a bigger bank goes bust inter-bank lending will become hard and some banks will feel the pain rather quickly as many are basicly dead man walking since 2008...

deutsche has a shitload of assets that would be liquidated to pay debts... so american housing will get cheaper i guess ^^

the other risk involve things like deposite guarantees which will be called -> other banks will have to dish out some peanuts...

Sorry m8, I'm drunk just saw apple and 14B and jumped the gun. Fuck the Eu desu

This ECB/ Fed bailout scenario is horse shit. I'd explain but I'm low on study drugs rn. To be quaint, we wouldn't know. They would do it in secrecy via currency markets and derivatives hiding toxic assets.

B-b-but she's been saying we need more data for the whole year now. And the US data sucks balls

Uhhh are you sure they won't rebound?

It's already been happening since before greece

And you're right about it being in the form of default swaps, toxics, etc.

deutsche has nearly no staff that does investment banking in germany... that stuff is only done in london. there is a reason why the last CEO was a brit you fucktard...

deutsche is hardly a german bank for a whil by now...

You need to raise rates at this point, there's no hope for you burgers unless you raise rates , you'll just continue to try drink yourself sober and your entire country will fall off a fucking cliff lol.

The USA has no fucking money you retard lmfao

What's the lowest its been so far?

...

Ahh thank you for that overview.
So this will cause American homes to decrease in price?
Will EUROPE become more expensive?

Also as a side note I hope to God this decline speeds up so we can start building a new and we can finally take our countries back after 300 years of this Jewish banking.

I'm sure that I saw $240m exit them this week alone. I'm sure that financial ownership in DB will be going down from a domestic perspective. I'm sure DB float will rise due to executed options for executives/etc.

And I'm sure that $8tn is not going to fleet to a global company that has global problems. Not in the short term. Year 2060 it might be at that level.

Exactly. They are a behemoth. Tremendously important to the US.

The US is going after a linchpin for a financial shit storm that the ECB won't be able to weather.

The best move for the EU is to fuck with a weak but systemically important company of the United States. unfortunately, that's CAT.

they'll settle for far less, the DOJ is just being edgy.

see Goldman Sachs.

What is this about? I am reading some shit but I don't get anything but the germans doing tricky fraudulent sells. Is this true?

Sall good. But put your Euros together. Great Britain won't be bailing you guys out this time

Extremely comfy.

what is in october?

no... europe would be in even more trouble.

But aren't they hemorrhaging at this very moment?

rosh hashana
>do you even jew