I have a feeling that Deutsche Bank may go under because of this crisis - they nearly died in ‘08 and were only saved by a bailout. Their bonds are nearly junk grade. Their revenues were -€5.2B last year.
If they go down, the rest of the financial system collapses.
>I have a feeling that Deutsche Bank may go under because of this crisis - they nearly died in ‘08 and were only saved by a bailout. Their bonds are nearly junk grade. Their revenues were -€5.2B last year. >If they go down, the rest of the financial system collapses.
Ryder Davis
>I have a feeling that Deutsche Bank >may go under because of this crisis >they nearly died in ‘08 >and were only saved by a bailout. >Their bonds are nearly junk grade. >Their revenues were -€5.2B last year. >If they go down, >the rest of the financial system collapses.
but seriously, they're also most likely sucking up a bunch of that free repo money
Michael Morris
not my hecking ponzi schemerinos!
Henry Morales
>(((Deutsche))) Bank
Ethan Miller
Lmao
Luis Cox
let's just clarify something first the revenue was what it was because the interest payments on that long term debt they have, derivatives are a bitch.
Anthony Ramirez
9.5/10
Asher Flores
Oh look, Yas Forums has a feeling. Sell everything. No wait, I mean buy. The other stuff. Or whatever.
Benjamin Brooks
>Their revenues were -€5.2B last year. >they nearly died in ‘08 >may go under because of this crisis >If they go down, >I have a feeling that Deutsche Bank >the rest of the financial system collapses. >Their bonds are nearly junk grade. >and were only saved by a bailout.
Ayden Ramirez
How do I as an american help expediate this? Cause fear in their investors or however the fuck this works?
WTF is going on with the johns Hopkins site right now????????
Levi Hill
Nothing of honest, tangible, real value was lost
Caleb Howard
>trusting the Germans nice one, mussolini
Jaxon Green
>trusting krauts didn't you learn the last time?
Luis Ortiz
If Deustche Bank fails then it's over for Germany and the EU. I mean Italy is already on lockdown, we're so fucked I cant' even...
Cameron Perry
That guy is a retard, DB is too big to fail
Landon Howard
>germany drains economies of all EU countries like a parasite that it is >still manages to get bancrupt
Importing millions of sand niggers must be reled to this. Maybe politicans want to destabilize EU so hard, people will fear for their lives and don't prosecute the political class.
Ryan Morris
Are we supposed to be surprised that Germany is trying to destroy Europe again?
>I have a feeling that Deutsche Bank may go under because of this crisis - they nearly died in ‘08 and were only saved by a bailout. Their bonds are nearly junk grade. Their revenues were -€5.2B last year. >If they go down, the rest of the financial system collapses.
Isaac Cook
It's almost like Yas Forums is always right.
Thomas Cruz
t. nupol
Jack Brooks
That's a German bank, it might fuck up EU but the entire world's financial system? Nah.
Easton Ramirez
>Italy ded >Germany bankrupt Well it looks like the EU experiment is over
Lucas Collins
The EU represents something like 20% of the entire worlds economy.
it shall fall for the state machine says so: "when the 3 bells ring, and the clouds move in, a cleansing fire will rain from above. Washing away the sinners, and their false Wealth. Praise be"
>wtf is that fat bitch doing? Merkle should resign immediately. She is fucking up big time!
Nathan Watson
Spain really is a 3rd world country huh
Caleb Myers
>If they go down, the rest of the financial system collapses. And that's why it won't go down
Asher Barnes
fuuuuuuck
Andrew Wright
Any chance of all debt being cancelled because of this? I have 7k in CC debt but I was going to transfer it over to my line of credit, but now Im wondering which is more likely: for banks to cancel debt, or for CC companies to cancel debt.
Jack Williams
Under Franco they had the highest growth rate in Western Europe. The democratic regime has flushed all that prosperity down the toilet.
There is one specific german economist who literally talked the last 2 years about european banks running out of money in mid 2021 +-2 quarters due to their inability to make profits in a low or negative interest market. Banks either need to charge negative interest / fees or they will die. He also says the reason why they dont print 500euro bills anymore is so banks cant go into the "holding cash in vault" option anymore.
Nothing new, Portugal under Salazar rule was the same, we had years of 30% grown per year and the the comunists/fascists taked over and after that is debt, shit infractruture and low wages. By economic standards Portugal after Bulgaria will be the poorest Country of Europe by 2031, i cant even belive. Then they complain everyone with brains leaving and at same time mass importing of niggas and majets. Our President want free movement with all Pt speaking Countrys ( fucking Africa and Brazil) and done a deal with India to make easy moving...yep we getting replaced and at same time worst economic power but people still vote socialism.....theres too muth parasites. Europe is dead and gonna be full negro in 50-100years if there isnt civil wars or something major. And yes Germany is a cancer.
Juan Peterson
Nottá me bankarinos mamma mía
Ian Howard
Asian markets are slowly going up. 70% of chinks have recovered and their new cases are slowing down considerably.
A big hit is coming to the US (not because of muhhhh trump, the US is simply too fucking big and too fucking connected with the rest of the world) and that may affect things but honestly I can't see this going too far.