Economic advisor of the German government

Ask me anything, round #4.

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ecb.europa.eu/pub/pdf/scpops/ecbop169.en.pdf
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I will only answer actual questions about economics. You have a whole board of other threads for pointless flame.

If I am not mistaken, Cred Forums cared about Deutsche Bank.

Beweise es!
Bis dahin glaube ich dir kein einziges Wort!

you bought bitcoin in 2010 right?

like a whole bunch?

why do I know more than you

Bitcoin is part of the black economy I am not fond of. They also get stolen more easily than regular money.

Why would anybody advise the massive income of "refugees", economically?

Considering the current state of U.S. and global econonmy do you actually believe Trump might achieve to stimulate economic growth and increase the national wealth by cutting taxes for the top corporations and by relocating jobs to the U.S. (implying that's an actual possibility)

For the same reason Republican presidents allowed the influx of Mexican labour. It works as a redistribution programme towards the top.

That is the theory, at least. In practice, the social and political costs of the current refugee wave far outweigh its benefits for our government.

And the economy does not seem to be too interested in the newly arrived.

Do you think DB is going under? Do you have a plan if it does?

Slashing taxes in general is a good thing to do, but you have to afford to do it to such an extent.
And the US currently can not afford it, it is a heavily indebted nation.

As for reallocating manufacturing jobs to the US, that is a real possibility. But if a US president were to go far enough to actually achieve this goal, he would be
a.) cockblocked by the Congress
b.) the most Socialist, pro-regulation president the US ever had, on par with Roosevelt.

Also consider that a flat tax rate in a country with African dictatorship-tier inequality is middle class genocide.
Flat tax rates are for developing countries. Any saturated economy has to implement progressive taxation.
No single developed nation applies flat taxation, unless it is a tax haven.

It has been going under for years, to no surprise to anyone familiar with the matter.
Despite what our chancellor said, I continue to believe DB will be prepped up with public money sooner or later.

Do you think that German government is able to put DB not only afloat, but make it profitable again by helping it one way or another?

It has to means to make DB stay afloat. Or so I believe. Our ability to borrow currently is very high.
As for making DB profitable again, that is their own job. A state has no business running investment banks.

>continue to believe DB will be prepped up with public money sooner or later.
is that even possible? aren't you gonna be under the same restrictions that stops the italians bailing out theirs?

This is part of the reason why state helps are postponed. They would be wildly unpopular not only with the own government, but also with other Europeans.
I still have little doubt that DB will not be let down.

A generation of neoliberal policies have now produced data to show neoliberal economics simply furthers corporate elite rule over the masses.

It entirely fails the lower classes and squeezes the middle classes as predicted by Goldsmith and Perot 30 years ago.

Discuss

how many dicks have you sucked

why are you even here anyway?

Bitcoin is another commodity, there is no such thing as a "Black economy"

Have you ever given the advice "deport the fucking muds before it all collapses"?

Why should germany fix a private bank that will fuck up england and burn it down?

Thats stupid.

DB has to fix it self.

Depends on what you mean with "neoliberal economics".
The origins of the term trace back to the Great Depression, only to become a Leftist catch-all for things they do not like.

Why cant governments make their own debt (interest) free government created money ?

: )

Cred Forums is where public opinion can be molded and analyzed.
Well, whom am I deceiving. I am here for the memes.

So how long can German government help DB stay afloat?
I know that it's DB job to run itself, but if you are going to help it by paying it expenses by borrowing money, better it won't fail again, because you would have to borrow again and again
or just let it fall

If you would help DB then it would fall, then you would just waste money on it
Can DB bounce back and stay it that way with your help?
I am only asking it, because it would be your fault to make this bad investment of helping it if DB wouldn't be profitable again and living on your help

>there is no such thing as a "Black economy"
Makes me the sole inventor of the concept, I guess.

Lets see.

Hard to trace it.
Is used for drug dealing and murdering.
No actual coins.
Cant go to the shop and buy bread with it.

Its shit currency. Fucking blood dimonds are more worth then shit coins.

What's your favourite BLACKED video, eurocuck?

Why are you so fixated on germany paying for db?

Not our problem.

Other companies has money in that bank, so it would cause great deal there
Bank is irrelevant

>Can DB bounce back and stay it that way with your help?
No

Most European big banks will have to downsize or disappear all together.

Also Commerzbank is cutting 18% of its workforce.

DB on the other hand needs to cut its entire investment banking division and go back to simple personal banking.
Otherwise they'll eradicate the savings of Germans and then crash anyway. I want this to happen anyway.

Dont piss me around with semantics

Free trade / Globalisation / Off Shoring / Deindustrialisation / Free movement of mass amounts of capital

Corporations playing arbitrage games between differing nations, going for lowest wages with least regulations.

The Eu creating a new form of slavery with destruction of welfare states and national identities.

In short a "single market" in human flesh

What do you think about Ron Paul's free market libertarian economics? End the fed etc.

Talk about TARGET2, and the possibility of Germany going completely bankrupt once the euro implodes, and all the Greek millionaires try to retrieve the (now DeutschMark, formerly euros) they put into German banks.

What other companys?

Are there german companys?
German workplaces in danger?

Yes no?

If no germans or german property is in danger dont give a singel fuck.

No money.
No bail out.

Who ever invested in it has to deal with the losses.

Limited supply,

send anywhere

anytime,

to anyone,

basically free,

protocol has not been hacked in 7 years..


FUCK OFF FAGGOT. when DB goes down, and the next collapse happens, bitcoin and all cryptos will go to the fucking moon.

Just remember, there was no bitcoin in 08, or 01, or any other crash in history. We can not even imagine what will happen.

Will there come a time when the fiscal policy for each country will be decided by the country itself and not depend on EU Bank?

Are you a woman?

Do you factor in the welfare paid to an invading inbreed army as a loss? Or just becoming more "diverse"

Lol nice ministeress of defense btw shit is working out real well.

I think this german guy is pro eu and anti farage.

Good question, one can answer it in multiple ways. The mostly intuitive answer would be: if a government can produce money out of thin air, this reduces confidence in its worth. (Hyper-)Inflation is a possible consequence.
In modern economies, such as Japan, the US or Europe, the question is more difficult. Here, large amounts of money have been created, without resulting in unusual inflation.

What should I invest in?

Nah, the Fed has been cracking down on bitcoin and bartering. I think the fed has begun taxing bitcoin too.

Bitcoin is an amazing construction which will be taken out by soros.

canned food

Congress is held by the Republicans, same with the Senate and If Trump wins, the Supreme Court as well.

>Nah, the Fed has been cracking down on bitcoin and bartering. I think the fed has begun taxing bitcoin too.
>Bitcoin is an amazing construction which will be taken out by soros.


AHAHAHHAHAHAHAHAHAH

>some old fart is going to take down a protocol.

yea.. okay buddy. stay poor faggot.

but I don't like spam.

crypto

How would you feel about taking control of DB via a rights issue underwritten by Government? No need to buy out shareholders, debt is senior to equity, and you get control of it for bottom dollar.

What's not to like?

Ah, so you are worried about the future profitability of Deutsche Bank, about its ability to pay back government loans?
Sadly, this is not the first priority. This never has been the first priority, resulting in staggering government debt across the globe.
Bank bailouts are about preventing a disproportionate downturn in the whole economy. Not about a sensible investment in the future.

We can.

Go and buy bread.

Pay for fule.
Buy medicine in the shop next corner.

Oh wait, you cant.

Shit coin not bit coin.


A currency is only succesfull if it appeals to the masses. Shit coin fails.

Not to mention its digital only. Like sweedens no coin policy.

Why not give up free thinking at all.
Who ever controlls the isp the internet controlls the money.

Atleast i can defend my wallet and matras. How you defend your shit coins?

dried salami

thoughts on the gold standart?
thoughts on the current gold/silver price? overrated/ underrated?

Question: What the fuck are you doing?

How is soros some old fart? He's funding blm and he bet 100 mill that DB would go bust. He's also funding huge amounts of politicians in other countries. Cuckdeau and Shillary.

He holds enormous power and Bitcoin threatens his power. Bitcoin has begun to be taxed.

I enjoyed this one.

chill Wilhelm jeez, goy was only asking a question.

So what is your question?

>libertarian
This is not how it works. Ths is not how anything works.

Fucking KEK

What is your question?
Also, why should Germany bankrupt on obligations in a weak currency?

>without resulting in unusual inflation

Yet.

>We can.
NO.. you can't!

>Go and buy bread.
>Pay for fule.
>Buy medicine in the shop next corner.
>Oh wait, you cant.
>Shit coin not bit coin.

are you retarded?

>A currency is only succesfull if it appeals to the masses. Shit coin fails.

When market crashes and burgers see that bitcoins are shooting up but 20x and their stock is going down the shitter like DB, then they will stampede faster than arabs in mecca. And all they would need is a smartphone.

>Not to mention its digital only. Like sweedens no coin policy.

thats where they are going anyway.. so.. digital bitcoin or digital shitcoing (fiat)

>Why not give up free thinking at all.

Dis nigga!!! lol serious?

>Who ever controlls the isp the internet controlls the money.

Thats not how it works.. .thats now how any of this works!

>Atleast i can defend my wallet and matras. How you defend your shit coins?

with 12 words that i've memorized. educate yourself you dumb cunt.

Why won't you just die?

Can you elaborate more on this please?

why does it "have" to be this way. Explain like I'm 12

Not the ECB, the European Parliament. You mean the European Semester policy.
It has been established to prevent another Greece and will probably stay in place for a while.

How much public money do you think is needed to save DB?

>Do you factor in the welfare paid to an invading inbreed army as a loss?
I often remember who sent these armies here whenever seeing your flag.

I meant 'bankrupt' in the casual sense. What's the risk of inflation because of millions of additional Mark being owed to rich Greeks/Italians etc?

Hospitals, elder care facilities, German real estat, privatized (formerly public) services.

If A. MERKEL bails out DB surely the fall out politicaly will end up brakeing the European union and euro apart.

It will also anger the German people make Merkel look bad . Taxs will go up people suffer nationalism rise.

Europe will divide.

B. If DB collapses Europe collapses euro fails great depression of Europe. MERKEL looses job

which is best option

Why should the Republicans, a party loyal solely to the interests of big business, endorse plans which redistribute income from shareholders and CEOs to the working class?

Who owns ECB? ECB loans money to all commercial banks on interest(i know it's now negative but anyways), where does ECB:s net income go?

The DB is a horribly mismanaged company, with large exposure to various types of bad debt. Taking control of it solves little problems per se.

You didn't elaborate on this yet, also is that what the teach you in universities?

There can be no gold standard anymore. Even if any application for it existed. There is not enough gold in existence to cover the amount of money in circulation.
Silver is probably underrated, but you should speculate on currency, not on rare metals, if anything.

Being brutally honest, what do you think the outlook of Euro currency is, say in the next 20-30 years. Will it stabilise or will it be volatile?

EU taxes

So if money must be created as debt, how is this a sustainable system? Eventually it will crumble under interest payments anyway unless inflation occurs to lower the value of the debt

prices increase according to the quantity of money in circulation, not who creates it. So why not allow the government to create debt free money for itself? You can tell im not educated in economics but I cant understand how allowing private banks to create money as debt is sustainable in anyway

Progressive taxation is necessary to promote social mobility, the equality of opportunity and, in general, the circulation of capital and a widespread growth of demand.

In your hypothetical apocalyptic (albeit not totally impossible) scenario, the DM would appreciate against the Euro, so the factual debt would be actually lower than before.

And how exactly does flat tax rate prevents any of that?
On the contrary progressive taxation is the one the prevents the first two and discourages the last two.

Unless your definition of the two taxing forms is different.

The profit, if there is any, is used to build reserves. A very small amount may be paid to shareholders.
Central Banks are made as politically independent as possible.

ecb.europa.eu/pub/pdf/scpops/ecbop169.en.pdf

rt.com/business/356148-rothschild-experiment-world-economy/
>"We are therefore in uncharted waters and it is impossible to predict the unintended consequences of very low interest rates, with some 30 percent of global government debt at negative yields, combined with quantitative easing on a massive scale"
what did the great overlord of it all mean by this?

Well you won't answer enjoy the riots and angry people of germany.

But first the Hungary vote and more divide in the Eu.

Asking germany for more when they had enough is just adding more bullets to Russian roulette.

How the fuck will the German economy deal with the masses of people retiring within the next 15-20 years? The refugees isn't exactly making the situation better...

Of course there can my sweet summer child. The gold will just become priced correctly at >10,000 USD

If the refugees don't benefit the economy in the long term, why don't the economic powerhouses and corporations apply pressure to the government. Won't this devalue Europe as a economic hub?

It will stay more volatile against the dollar, as far as I am concerned.

You secure the attainment of a public good, such as education, by making everyone pay that can afford it. And providing it for free for those that cannot.
Progressive taxation is a method to achieve it.

Thoughts about SDRs replacing the dollar as the reserve currency?

Why don't we just nationalize the whole financial sector so jews can't print money out of thin air and charge interest on it?

He is right with this comment, we are stepping into uncharted waters.
Well, almost uncharted waters, since Japan, Switzerland, Sweden have been applying negative interest rates for a while now.

What about prioritizing consumption tax? The rich buy more things then the poor, and therefor would pay more without needing to separate people into tax brackets.

It can be used as part of the black economy, sure - same as the hard cash you hand over to a taxi driver.
But stolen? Any evidence for this?

Why is the German government so crappy in the REIT act restrictions? REITs are awesome vehicles to get the real estate market really going.

Why restrict it to just commerical real estate and forget about resi? Why not reduce the massive restricitons in the REIT Act? Why is the REIT Act so broken and the German government knows it, but does not fix it?

We are talking about billions in additional real estate investment and millions of new apartment if the government were to fix it.

FUCK YOU, economic advisor, for not advising the government on real issues that can fix parts of the economy via a simple change in law.

As a policy decision, what is the government's mood regarding recently industrialized nations? Aid or Trade? Which one would you recommend, and why?

This is indeed a topic of concern.
There are solutions to this problem, Sweden, Norway and the Netherlands have been successfully pioneering in them: investment-based pension funds.
But we are late, and in times of low growth and low interest rates our solutions (Riester-Rente) are performing horribly.
So we are indeed looking forward to an era of retirement poverty, as things stand. The only alternative would be even heavier tax redistribution, which is unpopular.
My first suggestion would be: reform the unjustly high, guaranteed pensions in the public sector.

What makes you think that gold would suddenly change its value?

Ok so you have nothing. Well jokes on me really, you are a financial advisor for the German government I don't know what I expected.

Worth consideration.
What would arguably be even more beneficial for developing nations is reviewing the role of credit ranking agencies and their self-fulfilling bankruptcy prophecies.
And asymmetrical trade agreements.

"Mama" Merkel welcomed the refugees in hope that they would fix the problem. You see the in economics human populations are as interchangeable as lightbulbs. Anyone who has read basic history knows this is the road to catastrophe.

In the last thread he said he has a different background and by luck became "data scientist", which should be a senior role but he seems junior and in this case means more business/data analyst.

add it to the list "people ive impersonated"

Since
a.) This is not what is happening.
b.) A government creating money out of thin air may cause even more damage. And did so on multiple occassions, providing the most common cause of hyperinflation.

>The rich buy more things then the poor
They buy less "normal" goods as share (!) of their income and wealth than people that live from paycheck to paycheck.
So what you propose would be a de facto regressive tax.

Butthurt?

>b.) A government creating money out of thin air may cause even more damage. And did so on multiple occassions, providing the most common cause of hyperinflation.
I didn't say without interest. I just say that those who collect interest should be nation/people not jew.

>This is not what is happening.
detected

thoughts on this please.

Is UK/ EU/ everyone fucked?

Your PM has not even applied for a Brexit yet. Negotiations produced no results yet. There is little to talk about.
Do not expect Brexit to solve any of your internal problems.

Why should people be forced to pay for others?

In reality this simply breeds laziness. Unemployed losers shouldn't be hanging on their stoop with $600 phones and $200 jordans on, paid for by workers because people like you think it's morally mandated.

Who exactly do you think you are?

Why did all your other "DB here, AMA" threads get deleted?

Because lack of investment capital is not the concern we are facing here.
Real estate in Paris or London became everything but cheaper as result of private (over)-investment.

Can you speak to the rumors that DB hired un-/underemployed physics graduates to work in their derivatives department?

I am a law-abidding citizen of Germany. The social market economy is hard-coded into our constitution.

What kind of interest are you talking about?
If you mean central bank interest rates, they are collected by no one in particular.

DB here?
I never started DB threads. Makes sense, since I am not a DB insider.

Which won't work with millions of middle Eastern refugees coming in, are you blind to this?

Some physics graduates certainly take alternative career paths: insurance, software development, banking.
What should be so spectacular about these rumours?

Depends on what you mean by "work".
Our unemployment benefits are pretty much the existential minimum.

>Real estate in Paris or London became everything but cheaper as result of private (over)-investment.

Look at America if you want to see what REITs can do. Tax benefit incentivized private investment vehicles are awesome in increasing building volume and reducing the currently chronic shortage in office, commercial and resi buildings.

I hate myself and you for allowing to get the situation this far. I just want this whole sham-economy burn down. I know it's standing on shady legs so…
>Wouldn't you like to, just let it burn in it's own shit and enjoy watching it?

But the inflation happens for government bonds, their rates are too low for us "normal" citizens which relay on private pension funds and other saving methods.
You will get 3% at best

I heard that because of cuts to postgrad/postdoc programs in the hard sciences, Deutche's derivatives department made a point to hire people with the mathematical skills to work in derivatives, but not the economic knowledge and context needed to make sure that their calculations didn't end up causing negative externalities.

That is mostly caused by building regulations, often decided locally. E. g. you cannot build large residential blocks in an area populated by wealthy landowners, or in an inner city.
As well as the overburdening price of land property.
I also would argue that the American real estate market is far from optimal as well. You see hordes of working homeless there.

I tell your providers to cut all aces to the net.

Or better. Cut the servers from the net.

You got nothing.

You bet. A small part of me believed that governments and their cronies just execute the orders and policies that receive from their masters, but they cannot fool themselves in believing that what they are doing is not fundamentally wrong and that will lead to total, global ruination.

Clearly, I underestimated human stupidity yet again, well it makes sense that the overlords would have little trouble actually convincing their pawns.

To be honest I don't know which is worse, sadism or gullibility. Anyways, I believe you answer questions honestly so that means that I must speed up my arrangements to leave Europe as fast as possible.

Hows the db and euro conected?

Not at all.

Ezb and db are two diffrent entetys.

Not to mention. If we had any investments in db, germany would bail db.

We have non. No bail.

No I meant that we should create national banks to compete (and win) those giant jew banks. So that financial sector wouldn't be dominated by these international hyenas but by the banks owned by nations (people).

Central banks should be independent institutions, but also owned by state.

What do Germans think about the change in the polish government? Is this discussed or is this only a side-topic? Idk if you know, but I'll try

>that I must speed up my arrangements to leave Europe as fast as possible
Good luck, user. There are many beautiful places around the world, worth visiting.

Whilst all of this is true, what is your question, if you have any?

Thank you, I think so too.

Because ppl will not invest but raise rents to ne profitabel.

If somthing is plenty its worthles.

Letting foregin investors in your country is as bad as letting other nations influence domestic politics.

You buy land to earn money. Not out of good hearth.

Merkel needs a crisis that isn't rapefugees. Thats why she said she wouldn't bail out DB despite such a statement eroding confidence. She wants a collapse. She will inevitably bail them out then meme how she is a steady hand in difficult times who deserves another term.

All of that aligns with trends I can indeed confirm, so it may be a true rumour.
But let us be crystal clear on this: DB is not in trouble because it let a bunch of physician interns in. It is in trouble for a variety of well-understood reasons.

First of all there is no money for Bail out of DB, it's simply too fucking huge. What can be done is simply shutting all eyes and pretending that the dead man is alive, but eventually this option will run out. If properly managed great depression can be excellent tool for further unification, and it might give leadership new political routes previously not considered. If there is ambition there is a way.

Oh, surely there are systemic issues at play; I just think that this paticular cause and effect scenario was lulzy. My sources are former classmates who indeed worked for DB, and this was their analysis.

I am also pro-nationalized banks, and they do operate already in many market economies, often under alternative names.
But a nationalized bank could never finance the very same government it is owned by.
Since all the money the nationalized bank receives comes from the government in the first place.
And making a central bank public is problematic for a reason I have already mentioned: the loss of confidence in money, hyperinflation.

What timeframe do we have until pensioniers strangle fiscal households of the several Bundesländer, fellow user.
And how do we get the judges to rule against Bestandsschutz?

Nothing to really ask

Which country has policies your really like, what would you like to see done immediately if you had the power, and what system or school economics do you look forward to have experimented or even implemented?

Also what's going on with Japan

2018-2020 are the years when boomers start retiring. And since we are already really strained, things look bleak.
Our judges are competent and not prone to corruption, there are few ways to "get" them to do something in particular.

> there are few ways to "get" them to do something in particular.

May you get me into the loop, they'd have to cut their own pensions.

Another question, if you're in for it.

When will Greece blow up in our face and how high will the tax hikes get for the average Joe due to it? (5000€ brutto)

>Letting foregin investors in your country is as bad as letting other nations influence domestic politics.

German property companies are already owned by foreign investors.

REITs just increase the investment in real estate overall due to their tax benefits.

If you want lower rents and a better middle class, you create an environment for more real estate investments.

There is a reason the US is based on "one home, one family" and not "expensive rents, optionally Hartz IV paid commie blocks".

>Which country has policies your really like, what would you like to see done immediately if you had the power
Good question. The incentive for democratic participation of Switzerland and the philosophy of an economy serving the people, not the other way around, of Scandinavia.
>Also what's going on with Japan
They are trying to prevent heavy deflation pulls for centuries, applying every stimulus tool in existence to keep prices at existing levels, despite falling demand.
Also facing demographic, socio-cultural problems, as well as new competitors from China.
But overall, they could still operate on what they have, there is no disaster going on.
I would recommend them to ensure better jobs for their young people, which would solve social, demand lack and demographic (secure jobs = more children) problems at once.

Is your economic plan:
>Import refugees/terrorists
>Destabilize Europe
>??????
>Profit!

>But a nationalized bank could never finance the very same government it is owned by.
Since all the money the nationalized bank receives comes from the government in the first place.
No this is not what i'm suggesting. It receives money from peoples, and businesses deposits and from REAL economy. Just like those jew banks.

>And making a central bank public is problematic for a reason I have already mentioned: the loss of confidence in money, hyperinflation.
No. Central banks should work just like they do now. As an independent organization. Only difference is that those ''shareholder distributions'' don't go to jews but to state. They should work independently so government can't print money.

Greece is sadly stuck in a situation where they cannot truly get back on their feet, with the mechanisms of the Euro partially to blame for that.
They will be kept afloat by further and further debt restructuring.
The German economy benefitted immensely from the plight of the Greeks and will continue to do so, so no need to worry.

I do not forget to thank our best ally for making Syria, Afghanistan and the Iraq better places beforehand.

Is Keynes based?

What party will you vote?

What do you think about Angela Merkel? Does she know what she 's doing or is the just an autist winging it for 10 years?

What do the government people really think about immigration?
Do you guys really believe these people will ever be a financial plus for germany? Meaning they are net-tax-payers not takers.

you shekel , bro?

Do you accept U-Boats as currency?

Oh I know Russia and the United States are like God and the Devil and Syria/Europe is Job.

But YOU could have enforced your boarders. You could have supported other nations to enforce their boarders. BUT NOOOO, you wanted your liberal "open boarders" horseshit.

Your situation is your fault.

>It receives money from peoples, and businesses deposits and from REAL economy.
That is no different from what the state does by levying taxes for public tasks. There is no need to create a bank for that.
>Only difference is that those ''shareholder distributions'' don't go to jews but to state.
The shareholder distribution I mentioned is a tiny, tiny part. It is used to compensate advisors, for example.
This shareholder distribution does not exist in the European system at all. It is not an integral part of the scheme.

>Luxury Goods tax
Nah, m8, I always get Brain Drain when I try to introduce it.

why yes i do , just let me spit at your face as a payment

How fucked are you?

based Skype

why do you guys care so much about nazis when they are all acutally dead?

What are the repercussions of Deutsche Bank going bankrupt on my precious Canada? 80% of our trade is with America, will it really affect our already feeble economy?

> just let me spit at your face as a payment

Business as usual.
Will phone Howaldtswerke as soon as possible. Always glad about a non-paying customer.

Can the current pension system last?

With negative interest rates, extremely low bond coupon rates etc., how long are they viable?

Is it not a ponzi scheme in many ways, in that its sustenance is dependant upon an increasing amount of people entering the work force perpetually?

His teachings have been the practiced standard during the postwar-boom era and after the financial crisis 2008, with good results.
Nonetheless, Keynesianism is a band aid, not more. It basically tells you that you can solve problems by throwing money at them. That does work -- until you run out of money.
So it is mostly applied as a short-term stimulus. With the exception of Japan, which is in a Keynesian nonstop limbo to prevent deflation.

>secure jobs = more children

r-selection theory states that uncertainty instigates more reproduction. Japan needs a war.

Thanks for best repley of thread

my pleasure as always ;^)

please answer.

>What party will you vote?
I will not disclose this.
>What do you think about Angela Merkel?
A cold, calculating, mentally strong person, doing a very difficult job mediocrely.
Her style of ruling the country by hiding behind empty phrases ("Gut leben in Deutschland", "Wir schaffen das.") and avoiding controversy is backfiring.
There is little positive to say about her, but there have indeed been few alternatives to her decisions.
>What do the government people really think about immigration?
Necessary, for economic reasons. No one truly shares Cred Forumss fantasies about cuckoldry and multiculturalism.
>Do you guys really believe these people will ever be a financial plus for germany?
In the short run yes, our export industry has done spectacularly due to the weak euro.

>Your situation is your fault.
I do not blame the ones accepting refugees for the existence of (genuine) refugees.

Just forget the DB meme for a while, they have tons of assets to sell and will get government help if it is necessary.
Focus on your oil dependency.

>That is no different from what the state does by levying taxes for public tasks. There is no need to create a bank for that.
No you don't understand. People, businesses, investors, the whole economy using financial services is complitely different than taxing. I want those financial services being owned by nations not jews.

So

We can either do what jews do all the time and just steal their banks to state. Or we can create competing banks owned by state to eventually defeat jewish banking cartel by competition. (State press advertising would be helpful to promote state owned banks over jewish)

>The shareholder distribution I mentioned is a tiny, tiny part. It is used to compensate advisors, for example.
This shareholder distribution does not exist in the European system at all. It is not an integral part of the scheme.

Then it's okay. We just need to make sure that jewish financial capitalism ends eventually.

>I do not blame the ones accepting refugees for the existence of (genuine) refugees.
lol, this is why you're an idiot.

good thread op

>I will not disclose this.
What a weird thing to say on a anonymous imageboard.

>Necessary, for economic reasons. No one truly shares Cred Forumss fantasies about cuckoldry and multiculturalism.
>In the short run yes, our export industry has done spectacularly due to the weak euro.

That doesn't even make sense.
What have syrian immigrants to do with a weak euro and exports?

>Do you guys really believe these people will ever be a financial plus for germany?
In the short run yes, our export industry has done spectacularly due to the weak euro.

You realize our export markets have thrived longer than the last 2 years? If anything we benefit from the weak euro since it was created and especially after 2008.

>Necessary, for economic reasons.

These people can often not write and suck at arithmetics, senpai.
If you want a firsthand experience, you're heartily invited.

Because nazism was a cultural reaction to modernity and an economic reaction to capitalism.
Two phenomenons which characterize our lives today.

well how do you suggest we get off our dependence of oil? Invest in maple syrup plants?

>I want those financial services being owned by nations
Then you advocate a return to command economies, like the post-war Japanese economy or the Chinese one today? That is your right.
>competing banks owned by state
???
>We just need to make sure that jewish financial capitalism ends eventually.
Global warming will ensure this sooner or later.

>socialism and regulation moving jobs towards a country??????
fake and gay

>What have syrian immigrants to do with a weak euro and exports?
Little. Those were answers to seperate questions.

so you are saying that it is a good thing that we are destabilizing the country and therefor the euro because it´s good for export? there are better ways to devalue the euro then "muh multiculturalism" on top of that the immigrants will dependent on gibsmedats for generations

>You realize our export markets have thrived longer than the last 2 years? If anything we benefit from the weak euro since it was created and especially after 2008.
I know. And especially-especially this very year, since the dollar and yen are both strong against the euro and oil prices low. So 2016 is a good year for our export economy.
>These people can often not write and suck at arithmetics, senpai.
No one meant refugees. No one expects benefits from them.
I mostly meant Eastern and Southern European immigrants, Blue Card holders, and the likes.

This is what Trump intends to do, user. His proposals are more Socialist than that of any Democrat president since Roosevelt or Lyndon B. Johnson.

then explain this: "Necessary, for economic reasons. No one truly shares Cred Forumss fantasies about cuckoldry and multiculturalism"

how are people that need the gov. to survive good for the economy

>Global warming will ensure this sooner or later.

In addition to this? How are you feeling about future? I'm in my late 20s, going to have a good and long-time secured career but can't help and feel very pessimistic about future and ever creating children.

Make your existing manufacturing less dependent on subsidies, for starters.

OP, just hopped into the thread, so my apologies if this has already been asked, but with the current interest rate situation in Germany (negative rates on up to the 15 year bunds and a very flat 2y30y), Deutsche doesn't have the interest rate conditions to make a profit, and thus is in turmoil. However, these conditions apply to the majority of most Northern European and Japanese banks, so why do you believe is DB being singled out? The recent US fine countering the Apple fine and the gross derivative position?

>Then you advocate a return to command economies, like the post-war Japanese economy or the Chinese one today? That is your right.

No again. The real economy should run free-market based just like we have know.

Financial services should be state owned so their profits would go to state and eventually to people. Only difference here is that now those profits go to small group of jewish zionists who own every major bank in the world.

>competing banks owned by state
Yes we need to create banks to defeat jewish banks, or just steal banks from jews.

Thank you for your clarification and patience.

Original response of yours was related with a germanon, who's phrasing hinted it was unskilled MENA migration of current sorts.

No one meant refugees. No one expects benefits from them.
I mostly meant Eastern and Southern European immigrants, Blue Card holders, and the likes.

>Because nazism was a cultural reaction to modernity and an economic reaction to capitalism.

great line dude.

This is another one of those autistic Germans who thinks immigrants assimilate and their birthrate will match native Germans and there is no danger to German society, while 35% of Germans under 5 ar none-white.

He's an aspie bootlicker like the rest of them. Don't waste your breath. His nation will have to burn before they learn.

I´m doing paper on Risks in bank system.

Any good books/references, recommendations on what to focus please?

Thank you.

sorry to bother you with it but why are you not disclosing which party you are going to vote for? this is an anonymous Malaysian carpet knitting forum after all

>so why do you believe is DB being singled out?
Good question and the answer is indeed the US fine, which is indeed fostered by the belief that you should kick a continent kicking your companies in the dick in the dick.
The reason the share is falling so rapidly these days is, as I said, the fine. Because DB may not have the cash at hand to pay for it. So shareholders expect that DB will try and raise capital, possibly from them.

I've got a math degree. What jobs can I do in Germany to bring about United States of Europe?

Cause this will raise unwanted questions.

could you just confirm that you are not voting for green or left?

Can deutsche keep buying their own shares like they clearly did today? Do they have the capital to keep it up?

Open the sites of banks themselves, they often make publications. It is actually part of my jobs to make similar papers and I assure you they are informative.
Führer.
I can confirm I will not answer any question about political preferences.

The old be an ass to the ass. Good to see its still in order. I would ask is we see DB go single digits, do you see the ECB raise rates on the long end to help strengthen the weak EU banking system, knowing that it may discourage borrowing? Also, what is your base case for DB? The firm I'm at sees a bail in scenario at about a 70% likely hood given the current conditions and formal ECB action.

They will eventually have to sell assets, valuable parts of their own company, to raise capital.

But obviously that's a diminishing return.

If Deutsche goes which country would be the first to collapse in the aftershocks? Greece or Italy?

>I would ask is we see DB go single digits
Many banks are in single digits. The stock price is not everything there is to a banks financial health.
>do you see the ECB raise rates on the long end to help strengthen the weak EU banking system
With persistenly high unemployment, dismal growth in several key countries - sadly not. Europe is heading for a lost decade, unless it reforms.
The risk of a bail-in (which is indeed likely to be considered as an ultima ratio, being a shiny toy alternative to the unpopular bail out) is the very reason banking stocks are reeling. Those owning stocks will be those invited to pay the bill.

bantz

stop this damn roleplaying you faggots

didn't read the thread

>If Deutsche goes
That will not happen, user.
IF it happens, it is not a question of Greece or Italy, it will signal a global downturn. Imagine Germany experiencing a 50% GDP recession and you imagined the scope of a completely insolvent DB.

Okay, has been another fun thread, but now it is sleepy time.
Remember to brush your teeth!

hey based user, do you guys take those works correlating IQ with GDP seriously? Because if you do the mass refugee stuff is pretty crazy, Siria has a very low IQ population and the mass influx would pretty much fuck your country, why don't try to bring people from China instead? The scenario seems very fucked for Europe if the "refugees" keep outnumbering the natives.

Would you call Ireland a tax haven after the Apple State Aid ruling by the Commission, and do you forsee a financial transaction tax after GB leaves the EU? Are you aware that the entire Irish establishment lurched towards euroscepticism over night in the face of that ruling?

Calico Inc before 3rd WW in 2020

timestamp and a credential

faggot

inb4 404