>Deutsche Bank’s problems would be less severe if it could reach a settlement with the US Department of Justice over the mis-selling of toxic mortgage securities a decade ago.
>Deutsche has been under pressure since it emerged that the DoJ has proposed a $14bn penalty -- much more than expected, and dwarfing the $6bn which the bank had set aside for misconduct.
>Most analysts expect the DoJ to settle on a lower figure,. but until that happens no-one knows how much extra capital Deutsche Bank needs to raise.
>The Financial Times is reporting that the DoJ is planning a multi-billion dollar “omnibus settlement” with Barclays, Credit Suisse and Deutsche Bank for mis-selling mortgage-backed securities, in the next few weeks.
>They say: By grouping the three banks together into a single deal the DoJ hopes to achieve maximum public impact by collecting an eye-catching sum in penalties from the trio just weeks before the US presidential election.
Kayden Smith
how many they throw away to keep it stable ?
Eli Baker
we must invest our faith in kek. should he will it, DB dies today.
>t. DB employee Will you even have enough Euros to buy rope?
Isaiah Reyes
BENIS
Noah Edwards
Oy vey. Good goyim.
Robert Gray
...
Grayson Johnson
Dow again 10.39
sellers are finding buyers again.
Matthew Moore
here's how the markets are looking right now
Matthew Gonzalez
SELL SELL SELL
Benjamin Morris
Something tells me it dies today
Jose Powell
SHE'S ABOUT TO TIP OVER LADS MAN THE LIFE BOATS!
Xavier Adams
???
DB still has as high as a market cap as fucking Twitter
Do you see Twitter going down soon?
DB is fine!
Jacob Wilson
Nah next week.
Jason Edwards
Hmm yes this all looks very interesting
Luis Scott
DB are gonna fight like hell to make it the 3 day weekend.
Bloomberg has just said DB market cap is less than Twitter. Guest just said it is looking like a penny stock and said you do not want to be DB share holder.
Colton Morgan
Kraut bank lost ~70% of value in a year. This is a CLEAR sign something will happen. Bail-in the most logical choice. Either that or total freefall of EU economy
Next monday will be pretty interesting to see.
Alexander Young
Why is this news material on Cred Forums? If you look at the week chart it looks like the current dip is just the same as the other low points of the last week, and rising. It doesn't even look like a big deal, what gives?
Samuel Long
monday is a national holiday in germany
wait for tuesday
Dominic Jenkins
>twitter >comparing the stock of a literal shitposting website with the stock of the bank with the largest debt in the world
Dylan Torres
That is not a good thing. There is pressure on Jack to sell twitter to Disney on the street. Disney is taking a hard look at buying twitter.
Austin Sanders
>Cryan has ruled out state aid Interesting, so hes not going to ask for help
Austin Martinez
Twitter doesn't have $15 trillion in liabilities
Blake Cook
>What gives? I don't know user, everything looks fine to me
Thomas Taylor
exactly
this is blown out of proportion by happening fags who dont understand whats going on
...Which ultimately means that DB really has four options: raise capital (sell equity, convert CoCos, which may results in an even bigger drop in the stock price due to dilution or concerns the liquidity raise may not be sufficient), approach the ECB for a liquidity bridge (this may also backfire as counterparties scramble to flee a central bank-backstopped institution), appeal for a state bailout (Merkel has so far said "Nein") or implement a bail-in, eliminating billions in unsecured claims (and deposits) and leading to a full-blown systemic bank run as depositors everywhere rush to withdraw their savings, leading to a collapse of the fractional reserve banking mode (in which there is only 10 cents in physical deliverable cash for every dollar in depositor claims).
Mason Martinez
CONFIRMED DENIAL I REPEAT CONFIRMED DENIAL
Sell the hell out of it.
Daniel Lee
Yeah why would a constant trend downward for a huge bank like this be a bad thing?
David White
If they make it to Tuesday. 5+ hours left in the day.
Camden Ramirez
Still not sure what this all means, can someone just put it simply what's going on right now and how it's gonna significantly affect me or anyone for that matter?
Dominic Barnes
Link to the national holiday pls
Jack Ross
Eitherway we're all fucked.
Lincoln Barnes
>Employees won't have a job in a month >Their savings will be gone
Gee
Ryder Richardson
retard
3rd October man
national unity
Angel White
Yes you can see people are flying to 'saftey' buying Gold buying the US Dollar and selling the Euro buying bonds
Brody Morales
it's OGRE
Ian Hall
Fuck you mehmet.
Carson Lopez
I pulled a fifth of my money out of my account today
feelsgoodman
Carson Clark
Going towards 10.5 wth is going on here
Christopher Nelson
>wanting to lose four fifths of your money ...k
Carson Reyes
>Deutsche Bank: A Collapse Could Crash U.S. Stocks
Gonna pull out more over the weekend before the Bank Run starts lad
Already bought a ton of silver
Brayden Walker
whoops, sorry, i thought this was the trump gen
Kayden Martinez
Speculations, a lot of investors feed on chaos (kek)
Leo Moore
it's a spike
wait for it to come crashing back down tomorrow
Easton Ramirez
>3DPD porn no thanks senpai, I'll stick to masturbating to anime for the rest of my life
Luis Nelson
Many stock markets will fall through the floor. If you have any investments, you're fucked to some extent. If you have any money in DBK or anything they own, it's literally gonna disappear.
If none of that applies to you, you still aren't in the clear. All of the people losing their jobs and investments will mean whole societies will be downtrodden in similar ways to the great depression potentially. Value of money will change. Job market will be oversaturated. Lots of stuff.
Gabriel Torres
>check out sex tape
Leo Price
Public holiday for asx on Monday here too
Lucas Gomez
go back on sat and get more.
Charles James
Anyone who thinks Germany's biggest bank openning -8.5% after tumbling all year isn't a significant are kidding themselves.
It's not black friday but its a confirmation of where we're headed.
Jose Jones
They'll prop it up as high as possible before NYSE opens 4 hours from now
is he actually trying to lose wtf REEEEEEEEEEEEEEEEEEEEEE
Asher Murphy
>national unity
Is that also known as let mohammed fuck your wife day?
Parker Long
>LEAF EDUCATION
Bentley Hill
moving down again
Aaron Anderson
DEAD CAT STARTING TO FALL
Ethan Butler
When NYSE will open ?
Joseph Morgan
>tfw NEET at the moment because injury >spending valuable time looking at a graph all day instead of sleeping >should have been asleep 2 hours ago
Christopher King
3 hrs 40 mins
Elijah Evans
A little over three and a half hours from now.
William Ramirez
9:30 AM EST
Lucas Scott
>comfy noon in germany
feelsgood
Owen Foster
nothing will happen for at least a few hours. Have a nap user
Luke Smith
Thanks lads
Lincoln Evans
Got shares in HSBC. Should I sell?
Blake Rogers
>comfy midnight in Hawaii also feelsgood
Adrian Turner
>OGRE
Michael Russell
Gonna make a killing when the market opens
pic related
Samuel Gutierrez
As someone who watched the market yesterday when there were no threads I can confirm on the following link that there is much less Buy/Strong Buy than there was yesterday, there is more Strong Sell as well It's a cat bounce and it will crash again soon, someone is probably manipulating the price at the moment but it's struggling to recover
Here’s John Cryan’s email to Deutsche Bank’s staff, reassuring them about the bank’s financial health.
Media reports on Deutsche Bank: a message to employees from John Cryan
Dear Colleagues,
You will have seen speculation in the media that a few of our hedge fund clients have reduced some activities with us. That is causing unjustified concerns. We should consider this in the context of the bigger picture: Deutsche Bank overall has more than 20 million clients.
I understand if you feel concerned by the extensive coverage on this issue. Our bank has become subject to speculation. Ongoing rumours are causing significant swings in our stock price.
It is our task now to prevent distorted perception from further interrupting our daily business. Trust is the foundation of banking. Some forces in the markets are currently trying to damage this trust.
Anthony Ross
And this is if the DB actually collapses? God damn.
Nolan Turner
bump
Ryder Barnes
CONTINUED
Deutsche Bank has strong fundamentals. Let me mention some of the most important facts at this point:
We fulfil all current capital requirements and our restructuring is well on track. We completed the disposal of the British insurer Abbey Life this week and the sale of our stake in the Chinese Hua Xia Bank will be finalised soon. This will further improve our capital ratio. We have significantly decreased our market and credit risk in recent years. At no point in the last two decades has the balance sheet of Deutsche Bank been as stable as it is today. Despite low interest rates and a difficult environment we posted a pre-tax profit of about 1 billion euros in the first half of 2016. Before extraordinary items like restructuring costs, we earned about 1.7 billion euros. This demonstrates the operating strength of Deutsche Bank.
In a situation like this, the most important factor is our liquidity reserves. Currently they still amount to more than 215 billion euros. This is an extremely comfortable buffer. This is clear proof of how conservatively we have planned. This is acknowledged by numerous banking analysts.
There is therefore no basis for this speculation. Nor can uncertainty about the outcome of our litigation cases in the US explain this pressure on our stock price, if we take the settlements of our peers as a benchmark.
You have all done a tremendous job over the past few days. You are the ones who are in constant contact with our clients and making it clear how Deutsche Bank is really doing. You are Deutsche Bank – that is impressively clear. All of us in the Management Board highly appreciate it.
You will hear back from me soon. Please keep working as you have been doing so far. We are and we remain a strong Deutsche Bank. Yours sincerely,
Levi Ortiz
Gunna enjoy the three hour wait kek. >Oldie goldie
Jaxson Lee
>tfw have 3 hours left until NYSE opening
I still have time to go to my bank and convert my savings to USD.
Sebastian Sanchez
10.43 This is over. Habbening to habben some other day.
Cameron Watson
TURKEY IS GOING TO BUY THE BANK AND BAIL OUT GERMANY
GERMANY NOW OTTOMAN CLAY
RIP GERMANY
Leo Carter
DB is buying it's own stock right now.
Angel Sullivan
...
Eli Gomez
I heard Lehman Brothers tried reassuring people too
Hunter White
So much for happening Cred Forums BTFO once again. I bet you're getting sick of getting BTFO every day.
Robert Russell
3 and a half bongs
Thomas Murphy
We're boned too aren't we...
Liam Stewart
plz
Jayden Gonzalez
If my big boss would send email like this I would be in panic.
Caleb Reyes
...
Logan Scott
Meme magic isn't over yet boys and girl.
You have to faith in our gut instincts, in the collective unconscious that is channeled and guided by Kek.
Apart from the fact that 'it's' never over, you all truly know as pol/acks that this is only the beginning.
Colton Bell
> You are Deutsche Bank – that is impressively clear.
my sides
David Fisher
>70% lost in one fucking year By the Emperor
Zachary Carter
This all sounds bad. Why should I be laughing?
Dylan Ross
to the moon
Justin Price
Oh wow it's down now. Only thing that is going to happen is that someone is going to be rich when it goes up again.
Again, not happening.
Oliver Howard
>Chinese Hua Xia Bank its like he just doesn't fucking know
Dylan Ramirez
LMAO WWII ALL OVER AGAIN TIME TO KILL SOME SKYPES
Sebastian Anderson
Why not? You can't do anything else.
Zachary Sullivan
because its comically retarded
just look at the intern mail and tell me thats not the typings of a sweating man
Nicholas Jenkins
Question: will NYSE plunge it, or stabilize it?
Asher Green
>When it goes up again >When
You're a fucking retard to say when. It may recover, it's a possibility. But you're a retard if you don't think there is a very, very credible risk.
Earlier this week, John Cryan was in Arizona for Deutsche Bank’s 24th Annual Leveraged Finance Conference.
It’s thought that Cryan hasn’t flown back to Europe yet; if so, he has an opportunity to tackle that looming fine from the DoJ.
City editor Jill Treanor explains:
''Cryan has insisted the bank will not pay the $14bn the DoJ has demanded. Under pressure from some analysts to accelerate his restructuring programme, Cryan is understood to be in the US, which might indicate that the bank is trying to further engage with the authorities.''
Levi Russell
> banks last forever > nothing ever changes top kek
Angel Moore
He's probably like 12 so he doesnt remember 2008...
Jayden Ross
plunge it puta fork in it
Xavier Jenkins
Can someone explain how this bank has "trillions" in exposure or something? I get its pretty large but its not the national bank.
Robert Watson
Exactly. The house of cards is slowly tottering on its weak foundation until the slightest breeze will send it toppling down.
If I knew how, I would invest in volatility indexes in the USA markets.
Still considering converting 3/4 of my savings to Perth Mint gold. Still apprehensive about my own ASX share portfolio but keen to weather the storm as I've picked stocks for the future ( drones, rfid tech, building automation, medical 420, cyber security)
John Price
Neither was Lehman Bros. It turns out that, just like 2008, every bank is still betting the bigger banks aren't going to fail, and just like 2008, there is no such thing as too big to fail. Especially when George Soros and Lord Rothschild bet hundreds of millions that you're going to fail.
Jack Edwards
guys, I'm a fucking layman. Please put this shit in idiot terms so I can understand the global consequences if this bank indeed goes tits up
Jason Jenkins
Just woke up. Has it happened?
Brandon Bennett
It's leveraging beyond the GDP of most developed countries' GDP on rubbish financial instruments like derivatives and CoCo. It's basically betting what it has and the risk of its value dropping or even going up all across the global market
Anthony Diaz
You should laugh because it's bad, that's why. PRAISE KEK, BROTHER
Christopher Allen
If you're the same user that 4 hours ago said "I'm going to bed, see you when I wake up even though I don't want to go" and then woke up right now, we have the same schedule because I slept 4 hours ago, if not, apologies but no, no happening yet.
Cameron Diaz
>tfw bank at HSBC.
Fuggggg, what should I do?
Liam Moore
you saw everything in 2008, what's there to explain
Except this time it's even worse because whole EU depends on DB
Luis Ortiz
Well, we *were* at 10.45.
I think we've found the peak, and it wont climb any higher before bombing out again.
DBK opened with a fuckhuge drop to 9.90, and has over the last 3 hours slowly clawed its way back up to 10.35-10.45. Looking at the chart its quite blatantly visible that the bank stock is being pumped like a motherfucker.
Hunter Cook
Wait until NYSE opens.
Jace Lopez
The bank is fucked. If the bank goes under, a lot of other banks are fucked. Germany doesn't have enough money to un-fuck the bank by themselves. If Germany asks the European Union to help bail out the bank, they're going to flip their shit because Germany fucked Greece and Italy's banks over this exact issue.
Basically Europe is completely fucked, which means the world is fucked to a slightly lesser extent.
Dominic Carter
What the fuck is going on? I have next to no knowledge in economics and am contemplating withdrawing all money from my account or just stockpiling food. Can someone please explain this shit to me?
Christian Rodriguez
Watch the big short to get an idea.
Add refugees to the mix.
Deutsche bank owes $18billion to the USA for its part in the GFC of 2008
Anyone is shitpost land listening to abc AM radio? Talking about bargaining down the fine with DoJ and cap raising however the cap raise won't work as no one wants to invest in a bank with a huge fine on it.
Quote " if Angela Merkel has to bail out Deutsche Bank, she will end up with eurozone egg all over her face"
Ryan Walker
Yes, we are already dead, fool.
Lucas Kelly
Shouldn't we be trying to find (((who))) pumped the money back into it?
Henry King
Here Remember to praise Kek for this
Samuel Foster
meh buy silver and gold
i dont see germany collapsing.
calm down lel
for the aus user, invest in some gold and silver
Carson Kelly
>Aussie >Implying anything will affect you.
Christopher Ross
We were in single digits this morning. Also its in freefall right now.
Jaxson Hill
fucked how? I'm a poor bastard, and to an idiot like me it seems like this issue will affect the rich and middle class the most. Can we expect to see breadlines and millions of men and women out of work like in the Great Depression? will it be even worse?
Luke Cruz
They also said on abc radio ' the other option Germany has for the Deutsche bank issue is to print more money, but we will talk about that another day...'
Didn't hyperinflation caused by money printing cause the Nazi putsch to become successful????
Noah Thompson
Bots and the bank itself most likely. Who else would be buying that kind of shit stock right now?
Leo Roberts
AHAHAHAHAH
nord-bros from the thread last night, remember i warned you about Nordea?
Ever hear of the Cabal? Might be involved if they are even real.
Liam Wright
Without going into the rest of it basically Deutsche bank one of the biggest banks in the world is teetering on the edge of collapse and bankruptcy like Lehman brothers in 2008 (GFC), if it goes it's taking everything with it.
It's stocks have been tumbling for years and particularly the last 12 month by like 65% or some shit.
This month is almost turning into a huge happening because DB stocks have been tumbling like 6% on a daily basis, today it openned -8.5% and has been climbing back up but when the US markets open the sell off can continue.
Jacob Green
Happening probably Monday then
Leo Baker
Dude, imagine 2008 and multiply with 2
Elijah Roberts
It doesn't matter, they don't have enough. Soros and the Rothschilds are banking not just that the bank fails, but that it drags the Euro with it. Whoever's buying the stock is plugging a damn that everyone can see is cracking. Even the media is sounding the alarm.
>fucked how? Unlike Lehman Bros, Deutsche Bank is a bank ordinary people actually use. There is a very real chance that there could be a run on banks around Germany and people will find out that their money isn't there.
The worst case scenario is that the fallout from this shitfest crashes the Euro, which would almost guarantee the European Union breaks up.
Jeremiah Price
thanks
Henry Williams
Lads I'm getting really fucking worried
Dominic Bell
So... Incoming great depression 2.0 or housing market crash of 2008 2.0?
Wyatt Bennett
Translate please.
Ryan Bailey
nice id
Nathaniel Hughes
We won't know until we see how Germany responds
Andrew Bell
Back down to .34 lads, catch you in the morning
Levi Stewart
Why haven't we nuked germany?
Ian Wood
Monaday is the national holiday(of you mean 3 october)
Nathan Phillips
You fucking should be.
Eli Rodriguez
10.30 and going down
Benjamin Rogers
>not wanting to watch the world burn
You can't build a new world without tearing down the old rotten structure user
John Cooper
Jesus, I think I'm begging to grasp the scope of this disaster. Between this, the refugee crisis, Russia and America putting up their dukes in the Middle East, and Racial tensions here in the US, I can see it's all going to hell isn't it? this is the perfect storm, a true world crisis that will fuck the shit out of the majority of mankind? Am I panicking? or is this the begging of the End?
James Brooks
I'm a poorfag with very little money in the bank.
I work at a local supermarket.
How fucked will I be?
Christian Collins
>Everything is fine
Josiah Lopez
Post tfw the NYSE opens
Mason Jackson
Holy fuck, thanks ausbro
Brandon King
...
Charles Lee
>10.31 Where is that hungarian shill now?
Easton Reed
Shaliday!
Logan Sanchez
...
Zachary Murphy
No user, it's the Current Year This is only the beginning
Daniel Perez
there is a long weekend incoming in Germany. I bet they bail it our over that. Next week everything will be fine again. They won`t let it die.
Easton Morgan
The bank can get as much liquidity as they need via the European Central Bank.
It faces huge problems but the stock tank is because investors (which didn't like DB much to begin with) anticipate recapitalization is going to take a huge bite out of earnings. Nobody really wants to invest in European banks right now -- DB is far from alone. A great deal of them have retreated very far from their 52 week highs.
At a predetermined "floor" price -- unknown for obvious reasons -- the ECB, Merkel, other German banks or some combination of the three will announce recapitalization. They don't do it now because the price would immediately increase with short-term profit takers.
There is definitely a risk here, like I said, European banks in general are experiencing a crisis right now, but Deutsche Bank will probably not precipitate a Lehman-style collapse and the economy would certainly not be brought down by it.
Christopher Russell
...
Joseph Reyes
PRAISE KEK!!!!!
Gabriel Bailey
There isn't enough money to recapitalize DB
Henry Brooks
ur fucked already m8
why dont you get a trade
Josiah Turner
...
Christian Wright
Praise kek
Elijah Thompson
>le 4channers think they know the economy
this is not a habbening, not even close
Joshua Gray
wars happen because of economic stagnation and collapse, not the other way around
Gavin Carter
Depends on what ultimately happens. Potentially, the EU could collapse and the Euro would be worthless. If paper money becomes worthless, stores could be looted. It's hard to say, but definitely do what you can to avoid the Euro, be glad as FUCK that you are getting out of the EU (better do it quick!), probably wise to pull out money from the bank unless you need it to pay bills or something. Better, for now, to have something that will always be valuable. Precious metals and bartering stuff is good (food, cigarettes, guns/ammo, water, gasoline) though we hopefully aren't talking about end-of-the-world type stuff here. Though if the EU breaks up (particularly if it's due to collapse), it gets more likely that we see a significant European war in the next decade.
EVERYONE ON THIS THREAD ASKING WHAT THEY SHOULD DO WITH THE MONEY THEY HAVE IN THE BANK
You shouldn't have any money in the bank at any time.
If you are going to need the money, withdraw it and store it at your house.
If you are not going to need the money in the near future, invest it in something.
I'd recomend gold mining stocks at this moment, but just buy gold if you like - its a sound investment.
It doesn't hurt to have a few weeks of food and water at your house either.
Brayden Peterson
...
Grayson Davis
keep telling yourself this not even Bremainers in the Guardian live happening ticker do anymore
Brody Bailey
my dubs say other wise
Luke Thompson
stop using proxies, leaf
Alexander Reed
>being this fucking stupid Your money is fine you stupid faggots.
Dominic Ross
HELP. I'M ECONOMICALLY ILLITERATE.
I READ THIS IN THE TELEGRAPH AND IT SEEMS TO BE IMPLYING THE FALLOUT FROM DEUTSCHE BANK WILL BE MAINLY LIMITED TO FRANKFURT.
IS THIS TRUE? HOW MUCH SHOULD I TRUST THIS ARTICLE
part 1/3
Chase Stewart
Give me one advantage for having money in the bank as opposed to gold or gold mining stocks.
There are none. But there are disadvantages to having money in the bank.
David Walker
2/3
Daniel Evans
>Price peaked half an hour ago Is the bounce over?
Wyatt Martinez
3/3
Luke Green
maybe you guys are right, but i really hope you're wrong.
the world cannot handle another crisis.
Happening is fun until you loose everything. NEETS will be the first to suffer, most of them will be homeless.
One thing i do not understand is how everyone is excited yet no one seems to have prepared.
Hope you lads have stocks in gold/silver mines and have 10% of your money in gold and silver.
Benjamin Bennett
it's not true it's the Brits trying to placate the overseas partners because all of Europe will be seen as unsafe economic territory
James Carter
MSM -> trash.
Kevin Campbell
Predict closing price 10.28
Charles Allen
9.99
Bentley Rogers
>MAINLY LIMITED TO FRANKFURT
total bullshit. Not even the bankruptcy of the smallest bank affects only 1 city. Banks are intertwined, they invest in one another, one going down creates domino effect
Luke Robinson
mfw the gif about the destruction of EU that ends with germany and turkey having islam flags will become reality
Austin Smith
8.80
Benjamin Fisher
>tfw literally had pounds of silver just in case >sold it to pay a bill quick
Brayden Butler
New bread soon?
Joshua Barnes
9.42
Kayden Morgan
203 out of 300 posts
Hunter Clark
PLEASE KEK SAVE DEUTSCHE BANK
Isaiah Walker
We still have 100 posts left you fucking leaf.
Samuel Watson
yes YES E S
Jose Garcia
"No" (^:
Lincoln Hernandez
...
Hunter Garcia
I hope you are joking, silver isn't going to drop anytime soon.
do your own research but you should put about 10% of your wealth in gold/silver.
David Wood
5.6
Henry Baker
not happening
Ian Cooper
WHAT THE FUCK WHY IS IT GOING UP SO HIGH AGAIN? FUCK THESE FUCKING KIKES JUST LET IT DIE.
Tyler Parker
no
please
I didn't want this much Chaos.
WE'VE GONE TOO FAR
John Hernandez
Nothing is going to save it, prose for its end.
PRAISE KEK
Jonathan Bell
When does NY open?
Leo Ross
>cucks and wanker bankers said we'd have to sell The City to Frankfurt if Brexit happened >3 months later the German financial sector is spontaneously collapsing
William Nelson
9:30 EST.
Parker Anderson
Maybe I should invest in rope kek
Jacob Stewart
WERE JUST GETTING STARTED BABY. SHADILAY AND PRAISE KEK
Chase Adams
9:00 AM
Jaxson Scott
Can't wait.
Luke Taylor
The issue is it has to happen for the world to recover and get better.
At the moment things are stagnant, we're a drug addict trying to stay awake and eventually there will be a crash but the longer we wait and the more drugs se take the bigger the crash.
Deep down we want things to go to shit so things can get better because atm they're shit.
Ian Martin
you ain't seen nothing yet
Ryan Stewart
KEK is a god known to appreciate dark humour after all.
John Fisher
>back to 10.31 what the fugg where's my happening?
Joseph Lopez
>The CEO confirmed it
Jesus Christ man.
Nathaniel Howard
Chaos runs on burger time. Patience fampai.
Aaron Mitchell
Such a dangerous way of thinking.
The world economy is beginning to reach its maximum out put. sure there will still be growth but except for Africa and perhaps India, most of the developing nations have peaked.
70s-90s it was Korea and Japan
90s-10s its china and for a few more decades to come
This 'stagnation' doesn't mean there's recovery.
Even America is on track, despite their dangerous chronic unemployment.
A European collapse will mean decades of misery.
The global economy have been increasingly slower to recover from economic busts and if the EU falls, its going to be decades of misery
Josiah Peterson
Unfortunately, not joking at all. I held onto it for years, too. Sold it all, 2-3 months ago.
Asher Edwards
Am I fucked if I only use money in my bank to pay for shit from Japan?
John Lopez
wasn't that when silver was $14?
Henry Diaz
20th century economics don't work in a globalized automatized 21st century. A reshuffle is coming.
Parker Morgan
>10.40 and rising >Happening
Cred Forums logic right there
Henry Mitchell
No, it was just after it hit $16 I think. Only days before the jump up to $19, so I lost out in many ways.
Adrian Mitchell
My Swedish/Norwegian is rusty. Does it say Nordea invoked negative rates on savings accounts?
Colton Cruz
>rising
Aiden Hernandez
This is what inbreeding does with you mate... No, you idiot, this isn't Cred Forums logic, it's logic, they're keeping it alive while they can, but the market already crashed, by tuesday european economy will be completely fucked. Give the charts a look for fuck's sake, is it really that hard?
Bentley Nguyen
Never mind it's increase in housing loan interest
Jacob Thomas
gonna be a sell off later today going to be a long weekend no one is going to want to hold DB when NYSE opens
Andrew Powell
does anyone have a site with up to date charts showing inflation adjusted gold + silver prices?
Nathan Butler
...
Lincoln Thomas
It feels like DBK stock is a hot potato that is juggled between different players who try to beat each other and see who will be left with the hot steamy shit in their book
Lucas Clark
Dubs. The bank is going down
Gabriel Morgan
So every financial instrument ever?
Andrew Green
Germanbro, who has the Postbank account - did you manage to login in the meantime?
Elijah Evans
What's different to the last 5 times we've had this same exact thread?
James Bell
This is why You'd know economic crash is inevitable if you look at their past
David Rogers
So is there literally nothing we can do but watch it fall?
Luke King
0.98
Isaac Kelly
this, the 1% are getting more and more money while the rest is slaving away. Productivity is rising and rising but we have to work more and more, something is not right here.
Nicholas Gomez
It seems that way
Luis Scott
D.A.K 16.10.16
Noah Morales
(((They))) are afraid
Lucas Moore
Why is physical gold being sold out at some suppliers in London?
>Do (((they))) know something we dont? Soros and Lord Rothschild have big money on the bank failing and taking the Euro with it. It's going to happen.
Oliver Ross
>WHY ARE LOADS OF PEOPLE BUYING GOLD BEFORE A POSSIBLE GLOBAL FINANCIAL COLLAPSE
GEE I DUNNO user
Bentley Ortiz
>le false equivalence fallacy meemee
Jace Russell
>K1l >kkk
Big Nordbank hikes housing loan interest with 0.2%
Leo Fisher
Gold doesn't actually perform all that well during market downturns. It's better as a hedge against interest rates being low. I'd say to go cash and then buy the dip.
Asher Thompson
this has been in all the big finance papers btw, not zerohedge etc
Kevin Martin
1 hour and 40 minutes until we see what affect Burgerland has on the Yuropoor bank
I hope it falls slightly faster tbqh
Luke Young
it's still better than pieces of paper or zeroes on a screen
Chase Gutierrez
>zeroes on a screen ARE YOU KIDDING ME?! bitcoins can also have ones you stupid bigot For the love of Marx, you sure are a technophobe
Landon Williams
>the pretend value of this shiny metal is more real than the pretend value of this glossy paper
Jose Campbell
Shiny metal can't be mass produced and is very limited, compared to shiny paper.
Zachary Morgan
>he thinks gold has practical value
Cameron Hughes
peg the shiny paper to the shiny gold and now trading gold is practical
Aaron Butler
Is this it anons? Is this how the pain ends?
Dylan Hill
gold has actual use dummie
Matthew Wright
>in 3.5 hours I can finally go to sleep
Christopher Phillips
Well, at least you get to see what the opening of the NYSE does to DBK.
Thomas Cook
So then what happens when someone wrangles a NEO and suddenly there's 10 times as much gold available as has ever been mined before in human history?
These numbnuts want to hoard lumps of it under their floorboards. They are unironically living out the fable of the miser and his gold.
Justin Rodriguez
Hahaha nice meme user >implying you won't be running to your local grocery store to get food and water for the next few weeks >implying you won't be running to your bank before (((they))) take all your money
Thanks for the good laugh, really needed it
Jason Johnson
Normal downturns people go to cash and then back into stocks.
GFC style events tho gold is a save haven from stocks and also problems with cash that we are headed towards and a historically weak bond market with 14 trillion world wide giving negative yields.
Ayden Phillips
Wrangle a what?
Luis James
10x is still a limited amount of gold anyways...
Daniel Allen
How many amount of money has been wasted today comapre to week before ?
most of the world's gold is in the US reserve or in the homes of indian wives.
why do you think the US refuses to give Germany and other nation's gold back?
Gold holds power and value. Of cause, when the economy is good, like in the 80-90s, the prices drop but the next decade, even longer, has a bleak economic outlook.
You shouldn't sell your house for gold, but you should be holding at least 10% in gold/silver
Isaiah Sanders
>American education
James Brown
>Either way, we're all fucked.
This pleases me. Why does this pleases me?
Henry Mitchell
Guys! Reverse Happening it's at 10.56 now
Aaron Cook
When does it open?
James Martin
An hour from now
Joshua Cruz
>why do you think the US refuses to give Germany and other nation's gold back?
Because everything belongs to America.
John Parker
9:30AM EST, 1 hour from now.
Camden Anderson
Being butthurt that the Shekelmasters raped your banks, leading to colonial taxation, then ultimately leading to Britain getting their asses handed to them on a silver platter, doesn't help anyone. Cheers, mate.
Jason Carter
And who the fuck is buying right now?
Jeremiah Howard
ECB stooges
Nicholas Peterson
Happy merchants.
Jayden Hernandez
(((who?)))
Bentley Long
eбaть CКAЛEHИУMA зaливaют
Elijah Taylor
>tfw the economy collapsing was prolonged another day
Fucking Yurokikes, DB is a dead man walking, it can't be held together much longer, just put it out of it's misery already
Guess nothing will change today, will sleep now I guess. it will crash within a month for certain, though
Jason Allen
Mark my words Cred Forums
DB is not collapsing. Germany won't let it happen.
Brandon Kelly
No new bread?
Nolan Nelson
Yesterday DB feel at noon Est after work morning of rally.
It's not over until the closing bell.
Christian Harris
DELET THIS
Blake Gray
Oтличныe тpeды, кcтaти, пpямo c дyхoм cтapых OБP-тpeдoв.
> 666 Worst trips possible, but what does it mean? I'm thinking massive bailouts leading into a move towards a one world government. Alex Jones was right.
Ryan Sullivan
REEEEEEEEEEEEEEEEEEEEEE FUCKING KIKES AND THEIR JEW MAGIC. JUST LET IT FUCKING DIE ALREADY. IM SO SICK AND TIRED OF THIS FUCKING NIGGER TRANNY WORSHIP CULTURE I JUST WANT TO BASH FUCKING RETARDS. FUCK YOU JUST FUCKING DIE.
Ian Fisher
YOU HAVE ONE JOB
Levi Perez
Massive sell off when the market openned followed by a massive buy in when it dipped below 10.00.
Either someone is deliberately trying to keep it afloat until Trump is elected or the automated buy/sell orders have kicked in.
The craziest part imo is where the fuck were the margin calls? It's almost like it was about to hit that catastrophic level then someone or the computer systems went NOPE!
Juan Torres
I-it's still gonna crash when NYSE opens r-right?
Hudson Flores
DB, unlike Lehmann to a certain extent, have their fingers in too many pockets. (((They))) will put considerable pressure on Germany to use tax money to bail DB out if a merger or an acquisition does not happen. Trust me.
Christopher Cox
Alex Jones? How about The Economist
James Young
dont worry famalan its most likely people trying to make a quick buck before it burns down
Bentley Martinez
When was that published?
Nathan Bennett
This is a "normal" pattern for DB, it goes up a bit then crashes a little, up a it and then crashes again. If it doesn't crash again by the end of today then it'll crash by Monday.
Matthew Rogers
Banks Trending down Finally.
Time for a new thread?
Angel Ramirez
1989 i think
Jeremiah Cox
shieet couldn't sleep without making new thread
Xavier Garcia
1986 or something. But as you can see, they predicted the new world currency in 2018.
(The Economist is owned by the Rothschilds)
Justin Thompson
The most evil corporation in the world looking to buy out the second most evil corporation in the world. Fitting. Say goodbye to your freedoms goyim.
James Morgan
They did not anticipate the appearance of cryptocurrencies.
Chase Stewart
So they're just trying to make a big enough buffer by buying itself that it won't collapse when the nyse opens right? That's what I assume is happening.
Lincoln Gutierrez
>tfw promised a major happening today >instead just got another nudge to an eventual calamity
I speak the saddest words of tongue and pen Now I know Cred Forums was WRONG again
Adam Scott
Guys if you don't mind, we are just talking about this threads, which is very similar to the "crazy ruble thread" from 2014-2015. Same happening, everybody watching live at economy and currency tumbling down. Was a lot of fun though.
The danger about the economist is that it displays intent but never accurately displays process. If it is owned by the Rothschilds i would not be surprised if they disseminate misleading information to control investors and bet against them.
Owen Cook
is happening?
Ryan Phillips
>EUR/USD
Luis Cox
Or maybe that's what they're referring to
Juan Martin
no goy, fight muslims, iran and russia
Austin Russell
PPT in effect
Easton Bailey
WHAT IS HABBENING DID (((SKYPES))) PRINT MORE MONEY ???