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re: Help me understand what the hell is going on with Deutsche Bank.
Posted on 9/29/16 at 9:33 pm to LSUTigersVCURams
Posted on 9/29/16 at 9:33 pm to LSUTigersVCURams
Deutsche bank basically has $16B of equity and $160b+ of debt, they also have a gigantic derivatives book like $75 trillion dollars. Merkel has been a total beeyotch about bailing out the other banks in europe in italy and greece so if she bails out deutsche bank shes a giant hypocrite, if she doesnt then it could fail and bring down global markets. The bank says theyre fine, but of course they would. It will be interesting to watch unfold but they are a ticking time bomb and proof that banks should not be allowed to achieve that size without even more oversight. Today some big hedge funds bailed on them so thats why the sudden big dip today. Personally Id love to see them fail, im tired of this notion of too big to fail.
Also id like to throw in a side piece that europe in general is a complete POS and i personally think the muslim migrants ruin it and turn it into a 3rd world continent in the next 20-30 years.
Also id like to throw in a side piece that europe in general is a complete POS and i personally think the muslim migrants ruin it and turn it into a 3rd world continent in the next 20-30 years.
This post was edited on 9/29/16 at 9:35 pm
Posted on 9/30/16 at 7:25 am to dabigfella
quote:
Also id like to throw in a side piece that europe in general is a complete POS and i personally think the muslim migrants ruin it and turn it into a 3rd world continent in the next 20-30 years
Honestly, this makes you look like a huge bigot and devaulues info you post.
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