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Started By
Message
Does Deutche Bank go Bankrupt?
Posted on 5/31/18 at 8:54 am
Posted on 5/31/18 at 8:54 am
Take your bets now..
6
Posted on 5/31/18 at 9:19 am to b-rab2
Are they the bank that loaned Greece a bunch of money?
Posted on 5/31/18 at 9:39 am to b-rab2
I think eventually they do. Not holding my breath for the next 1-2 years, but the EU financial troubles aren’t over. Next global recession and DB fails causing major damage.
Posted on 5/31/18 at 9:55 am to b-rab2
With a name like Deutsche, I doubt Germany allows it.
On the same note I wouldn’t touch the stock here.
On the same note I wouldn’t touch the stock here.
This post was edited on 5/31/18 at 9:58 am
Posted on 5/31/18 at 2:07 pm to LSUcam7
Germany cant save them.. it would have to be the EU
Posted on 5/31/18 at 2:42 pm to b-rab2
quote:
Germany cant save them.. it would have to be the EU
Is there a difference?
Posted on 5/31/18 at 2:46 pm to HYDRebs
well I mean yeah.. Germany is the country and the EU is them and everyone else (28 countries)
Posted on 5/31/18 at 4:51 pm to b-rab2
Let those bastards burn.
Posted on 5/31/18 at 6:07 pm to b-rab2
quote:
Germany cant save them.. it would have to be the EU
The leading economic power of the EU who effectively dictates policy has some say in the matter
Also, find it hard to believe the EU won't bail out a major intl bank that can devastate the financial landscape
Posted on 6/1/18 at 9:00 am to b-rab2
r/wallstreetbets
Posted on 6/1/18 at 9:51 am to crazyLSUstudent
For those not in the industry / who don't follow the company, can someone provide an overview of what's wrong for them?
Posted on 6/1/18 at 10:04 am to lynxcat
The TLDR version is they went full in on the idea of the economic partnership of the EU.
The problem is that practically speaking, a country controlling fiscal policy but not monetary policy is a very very thin tight rope and the have-nots are faltering.
The problem is that practically speaking, a country controlling fiscal policy but not monetary policy is a very very thin tight rope and the have-nots are faltering.
Posted on 6/1/18 at 10:11 am to lynxcat
They’ve gone through a few crises stemming from the Great Recession with US mortgages and LIBOR manipulation and massive exposure to the EU peripheral debt (Greece, Italy, Spain). If Deutche goes under, which could be triggered by several angles, it would be Lehman to a higher power. They are more leveraged and far more interconnected.
Posted on 6/4/18 at 1:44 pm to b-rab2
I hope so. I bought a foreclosure from them and they were awful.
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