now THAT'S funny...
Posted on 09/29/2016 4:35:35 PM PDT by The Bat Ladys Husband
now THAT'S funny...
It's obvious you've never been to Europe or Germany. Europe is an amazing place. It's the home of MY roots. But, then, you wouldn't believe me if you think that Germany is anything but strong.
But, then, you wouldn't believe me if you think that Germany is anything but strong.
Sure Germany is strong....DB, not so much.
No doubt.
FYI: Deutsche Bank has banks HERE in the USA...and it's global.
There WOULD be incompetence there as it is everywhere in the world to some extent. But, perhaps the German government is doing something that we don't know about, perhaps trying to wiggle out of taking in any more refugees.
Hard to imagine that the German government isn't in on this in some way. Who knows.
I sure don't put my trust in what OUR administration might say about it. And I haven't believed the media 100% in a long, long time....MOSTLY because we almost never get the whole story on anything.
Media manipulate us into believing what they want us to believe. Hmmm, do I sound bitter?
Why would Germany allow its major banking institution to be “not so much” strong? Hard for me to believe.
DANKE.
If Deutsche Bank fails, then in the opinion of many, including myslef, it would far surpass the 2008 financial crisis. It would be a Lehmann failure on steroids. During the 2008 crisis the Fed had to create 16 trillion out of thin air to prop up the system.
“The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.”
http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/#1fd4a9ba6877
“At the end of the article, you may notice a fantastic deal on gold coins, so the news is not all bad.”
Bankruptcy is always an option but the central banks are loathe to allow it. For example, Greece should have declared bankruptcy long ago. I’m not exactly sure why, but I suspect that the canceling of the debt, of even a minor player like Greece, would start a world wide bankruptcy spiral.
On the surface the German Government may be acting nonchalant, but I’m pretty sure there is near panic in the central banks across the world. It’s all too interlocked.
Well, there might be panic in the central banks across the world but that's because they don't know the Deutsch Regierung or their banks. If they DID there wouldn't be "panic in the central banks across the world." Deutsche Bank didn't rise to the position it has had by being bumblers.
I DO think that "heads will roll" over this.
I sound like the Queen of Hearts!
https://www.youtube.com/watch?v=ytpoCFJpbw0
Perfect combo Happy New Year!
L'shanah tovah ... for you and yours...
Well if you haven’t been stacking, maybe you could try planking?
They lost $7 billion last year. Are they going to be profitable this year?
What has Germany done to strengthen DB lately?
Yes, $16 trillion over months and months, because most banks were losing money and had crappy mortgage loans losing value.
Most banks are in much, much better shape with positive earnings and large excess cash reserves. No need to create $100 trillion overnight.
What has Germany done to strengthen DB lately?
We won't get any answers from the mainstream media and you sure as heck don't know. Germany can take care of itself very well and is the country that has been stabilizing the rest of Europe for decades. If you don't believe that then you simply don't know "Deutschland."
Und das ist die Wahrheit.
I don't believe it.
Reality doesn't depend on your belief.
The bank expects to report full year 2015 revenues of EUR 33.5 billion. As a result of the above charges, the bank expects to report a full year 2015 loss before income taxes of approximately EUR 6.1 billion and a net loss of approximately EUR 6.7 billion. The full year results include previously disclosed impairments taken in the third quarter of EUR 5.8 billion of goodwill and intangibles, full year litigation provisions of approximately EUR 5.2 billion and restructuring and severance charges of approximately EUR 1.0 billion.
What has Germany done to strengthen DB lately?
We won't get any answers from the mainstream media and you sure as heck don't know.
Why the heck don't you tell me?
Germany can take care of itself very well and is the country that has been stabilizing the rest of Europe for decades.
Except for the moronic idea to import millions of low skilled savages, German has done very well for itself.
But we're talking about Deutsche Bank, not Deutschland. Germany can be great and still have a weak bank that needs fixing.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.