http://www.welt.de/finanzen/article156924408/Deutsche-Bank-Chefoekonom-fordert-150-Milliarden.html
I can tell you right now, this shit will NOT fly here.
>>80585832
Why? Italy is in EU and EU is good for economy everywhere. Why do they need money?
>for italian banks
No. THEY need it themselves, italians are just the scapegoat.
>>80585969
That's the best part about it. It'll be Greece all over again.
>>80585832
Guess you'll have to vote "no" when they ask for your opinio- oh wait.
>>80586037
Hopefully not. If Italy goes down, All of Europe goes down. Careful here: not just the EU, I mean Europe as the whole continent.
>>80586419
your shit will go into freefall and will this will be taken advantage of by the rest of the world overtime, outside of the EU will benefit.
Europoors r so deluded
>>80586419
Good. Burn it all do down and rises from the ashes.
>>80586419
Price worth paying if it stops the 'refugees'.
>won't fly here
Kek. Try saying that after it is revealed that if the bank isn't bailed out, citizens will lose ~50% of their savings.
>>80585832
Nexit when?
>>80585832
Why can't Germany also give us money?
Jealous of Italy tbqh
yay socialism!
THIS
>>80587515
Europe needs some radical renewal.
Also fuck Italy.
He specified European banks. So including the bank he works at probably lol. Germans biggest gibmedats around.
>>80586152
>>80587616
You think people here give a shit about Italians?
Their banks, they get to pay the bill. Another "solidarity fund" ala Greece is really not going to happen without a fight.
Deutsche Bank is about to shit itself. This isn't for Italy.
>>80585969
This.
They don't give a single shit about Italin banks, but if one of them goes down the DB is completely fucked since they have been gambling so much that even the tiniest shake up will ruin their house of cards.
>>80587871
I see what you are going for Juncker. You just want to burn it all down so you can install your EU regime!
italy is a shameful country
>>80588268
Don't worry, you are in good company with the contemporary Europe.
>>80587871
Fuck off Juncker.
>>80587871
>>80586419
We'll be fine.
Enjoy your Euro.
Italy please crash this continent with no survivors so all the mussies fuck off
>>80588394
Please no Romania and Moldova in the alliance
>>80587871
DOES NOBODY BUT ME NOTICE THE FLAG?
>>80585832
How many times are the big banks going to get away with this shit? Whether it works or not, it's clear where the money goes.
>>80588564
I agree.
>>80588570
There are three posts directly referencing it before you, you moron
>>80588564
We need everyone. Of course there will be no bailouts in our union.
>>80585832
>this shit will NOT fly here
>>80588394
No, we won't be alright. Our economy is interconnected with a German one, and that won't change intermarium or not, conservatives or not. So if DB goes under, Germany goes under. And if Germany goes under, we go under.
And I fear we'll go way, way more under than them. We'll be fucked.
>>80588666
Oh shit I pissed off Satan.
Kek save me
>>80586152
>>80587992
>britbongs think they have a vote on monetary policy by the central bank
>>80586505
>Europoors r so deluded
>Philippines
>GDP pr capita: 3,568$
>3,568
>>80585832
Subtract another 2 seats from the VVD, hand them to Wilders: the bailout.
Quick question. Why Germany prefers to take in 3 millions of Africans and Arabs instead of Poles and Ukrainians? Ukrainians are fleeing to Poland from war. Is their war not important? Are they somehow worse than the other "refugees"? What's up with that?
>>80588849
The Germans would prefer neither.
It is our politicians (and the industry around housing refugees) who want more and more.
>>80588761
That's why Duda and Wałęsa are rushing to make new deals with Africa and China. Germany is working with Russia on Nord Stream 2. We are fucked and they are fucked if the US gov finds out about that.
>>80585832
>They will pay it back, with interest! 2.0
>GERMANY
>ABSOLUTE FUCKING MADMEN
Like a strung out junkie chasing a high.
>>80588907
And you can't do anything about it because "refugee" population votes for Merkel. Got it.
>>80588849
Most Ukrainians are displaced internally - most of them moved to the west of the country. Poles won't provide Germans the necessary work force, because most of our emigrants are in the UK and current rates of emigration are low.
Hence Willkommenskultur.
I thought ITA was one of the "strong" economy of this sham?
>>80588952
>>80588995
the majority of settled muslim migrants over here is actually against letting in all these refugees
>>80588995
No, the refugee population can't vote.
Merkel still gets voted in by the people because
>all other established people in a position of power are even worse than Merkel
>the only legit alternative has never been in the federal parliament so far so people are wary that they might fuck it up even worse
We are not yet fucked enough for people to realize that continuing to vote for Merkel can only lead in one possible outcome and the "alternative" is really no alternative at all but the only way out of this.
>>80588937
Because Africans aren't in Chinese pockets anyway and the Chinese aren't more concerned with Africa as a potential market than Europe as a whole, let alone Poland or V4.
Besides, these deals would take years to happen and impact the economy, while DB will fall any day now.
>>80589050
They fucked it up. All they had to do is to pay for German lessons to poles or hire Poles who only speak English. Everyone in Poland knows some English and at the same time nobody gives a fuck about German and French unles they have a business which sells shit to them.
>>80589066
That is also why you can refuse to do it though. If Monte Paschi goes down, DB goes down and thus Germany goes down.
Germany will have too many problems to punish you for doing that.
>>80589066
>so does Deutsche Bank
People have been saying this for fucking ages.
Deutsche Bank will just buy even more riskier debt on behalf of the German government.
>>80589111
You sure they aren't lying to you? When do you have your next elections?
>>80585832
What the fuck is wrong with the Italians - they should never be allowed in EU.
For hundreds of years they would keep devaluing their currency to make themselves look competitive. They are bunch of lazy niggers of Europe.
>>80589242
Until the good old days magically reappear?
(((Deutsche Bank)))
>>80589250
2017
>>80589301
>Italy
>Niggers
Sure their work ethics might not be the same as the germans, but they've made huge contributions to science, art, music, technology etc.
Italy is cool
>>80589111
Now they know how we feel about them. Maybe they'll understand and jump into the showers voluntarily, what do you think?
>>80589202
But most Poles who wanted to leave have already left - to the UK. If Schroeder wasn't such a retard to ban Polish work migration until 2014 and instead went with Blair's idea of allowing us to move there outright after joining the EU in 2004, he could have got some of that emigration cake.
Now, no one will want to leave the UK as they got used to living there, and if any Poles will want to work in Germany, there will be at most tens of thousands of them.
>>80589074
Never trust a southerner. Or a papist.
>>80589352
Soo...additional 1.5 millions of refugees fron now to winter? Noice. I hope your gov will throw out more squatters in Berlin to make room for refugees. 2 tasty dishes at the price of one.
>>80589423
New kids grow up. 500+ and shit. My guess is they will all move to Norway.
>>80589409
Hahaha, no.
People in general never realize that. One of my internet friends is a Russian illegally living in the US and he hates illegal immigrants with passion - yet he doesn't seem to realize that he is just like them.
>>80589530
Stupid self-unaware subhumans.
>>80589374
DB is holding around 25% of the worlds derivatives on its books. When it blows it will take a lot of banks down with it.
>>80589517
LOL no. 500+ was funded this year by money from wireless spectrum auction. Next year they might push it over with money from private pension funds that they'll nationalise, but then? If they're stupid they'll lend us into oblivion. If they're not that stupid, they'll cut this scheme. One way or another, there won't be enough new kids for our country to matter.
>>80589458
>I hope your gov will throw out more squatters in Berlin to make room for refugees.
That one was so satisfying to watch.
One last shred of hope still exists though, so far Merkel has refused to answer the question if she will still be running for office in 2017.
If the next state level elections go equally bad for the CDU as the last ones, she might decide that it is time to jump ship and go to the UN or some other organization like that before she loses in relevancy due to lower shares for her party and gets stuck in Germany.
>>80588755
I would pay to buy that on a shirt and I would wear it unironically
>>80588849
Ukkies are too white
>mfw /pol/ was right and DB's gonna crash soon
Well shit, son
>>80589696
Nah, they aren't that stupid. They had to push 500+ to win the election. What happened to the "becikowe"? Is this program still around? I think Morawiecki will use the "German tax" and the million of working Ukrainians to get the money.
>>80585832
>grand credit
>force him to use credit on debt
Greece 0.2
Ok guys, you know what? Lets just gtfo of EU and continue business as usual? How hard can that be, seriously? Sure, everyting goes to shit for a while but that just creates room for growth. This is getting ridicilous, is there anyone in the world who takes us seriously anymore?
>mfw out useless eurocrat government will pay the bailouts with smiles on their faces
well what's another few billion in debt
>>80589157
>all other established people in a position of power are even worse than Merkel
true, but i'd like something new. just to see how it goes.
idc who it is as long as it's not die grünen.
selfhating perdo drugheads.
>>80589918
Becikowe is now only for poor people. And on funding: how would that German tax even work? If it will even work, as their supermarket tax is already bound not to cover biggest retailers (like Biedronka), but mostly small shops that already suffer. And Ukrainians won't solve our problems, as they are now mostly working by doing menial jobs and then going back to Ukraine, so that already happens. If he'll try to keep them, I expect some strong backlash to happen against that.
>>80587871
w w wtf....FLAG
>>80590217
Yeah, I guess if we are going to go down that road, we might as well do so quickly so we can finally start rebuilding.
>>80589397
Fuck the British hater who keeps shitting on his continent. Might as well go to Russia, plenty of haters there.
Italy is cool, hope the mafia purges the black scum
WEW LAD
>DB can't take the heat so it starts beating on Italy
Ring around the rosie
Pocket full of posies
Ashes, ashes
We all fall DOWN!
>>80589897
Don't worry, they're gonna get bailed out and start another crashing course.
>>80590224
>how would that German tax even work?
Everyone gets a fucking tax and the companies with over 50% polish capital don't have to pay it, duh?
https://www.pola-app.pl/
>>80586505
>Europoors r so deluded
Maybe, but at least they're white.
DB is not going to fail, the Germans HAVE to bail them out.
There is no way around and all of Europe is going to pay for it.
(Some are going to pay more than others)
>>80586152
Hahaha britbonging the Bantz
Let it all burn lads.
I can't fucking wait, this summer is going to be fantastic.
>>80591736
How do I start a new life in Argentina. Do they know any English?
>>80591878
I doubt it somehow but Spanish is as easy as shit anyway. Get to it.
>>80591949
I don't really like Spaniards. They come here to steal our women.
>>80588849
Germany scared shirtless of Putin
>>80591878
Make the Hitler salute and speak broken German.
>>80592162
>scared shirtless
>kraut manboobs
Cпacибa Пyтинy зa eтo
>>80587671
Next year when based Geert leads us.
>>80588849
Because Ukrainians and poles are white and share common grounds in morals and culture, cucks want culture clashing rapists in, not usefull and friendly people.
We need DB to crash. The germans will never change anything until their comfortable living is gone. Then they will notice the mess around them. The EU and such need the status quo to continue. We want the status quo gone.
Looks like global financial meltdown is back on the menu boys
>>80593382
Good. You deserve any kicking you get.
>Italy pay denbts!
>NO
>>80593238
> We
> never change anything
> status quo
>>80593564
>You
We're crashing this planet with no survivors m8.
>>80593238
This guy gets it. Anything but the status quo.
It has to get worse before it can get better. Especially with regards to the economy.
In Germany even right wing people are in favour of the EU. So a Dexit is not realistic. Everyone else leaving and Germany getting their shit handed to them will work, though.
We have to experience economic hardship and distress. This always makes turns up the best in us and we drop all the bullshit talk and want to get shit done then.
>>80593564
Et tu, Kaaskopp?
>>80593749
That is also good, the whole of Europe needs a kicking but if it means that Germany is removed from the driving seat of this car-crash then it'll be worth it.
>>80585832
Italy can't, it's against EU rules. Bond holder equity has to be wiped out first. Which is a dumbfuck rule, if you're not familiar with the bond holder market, bond holders can still collect after bankruptcy from time to time. Which means they have to wait for the banks to literally blow up before bailing them out.
>>80588394
Go fuck yourself, filthy pshek
>>80593863
Germany has done more than any of the other cucked European countries to ruin fucking everything. The worst thing is that Merkel still has a horrifying level of support in Germany for it.
We need to burn and rebuild.
>>80585832
>I can tell you right now, this shit will NOT fly here.
Good thing for them no one's going to ask us. If you were not aware, they've set up a banking union and almost none of us did any protesting against it. One part of this banking union is the Single Resolution Mechanism, which has the power to order bailouts. We don't have to agree to it. They already have the proverbial court order needed to kick down our doors and start taking our stuff.
>>80585969
This, by the way. Deutsche Bank is on the verge of collapse, and if it collapses the fallout will be three or four times worse than when Lehman Brothers went.
>>80585832
Timber!
The EU has to be destroyed. It is too corrupt.
>>80594117
>and if it collapses the fallout
Yup, that's part of why Germany is the whipping boy of the US, who saddled all those derivatives for the EU project on DB.
Hillary always wanted to head up the World Bank. At least she can head up Merkel, if you get my drift.
>>80588394
Poland is the Mexico of Europe
>>80588849
you are aware that as a pole, you can come and live here any time you want, right?
>>80588394
why do you keep merging estonia with latvia it makes no sense fucking stop you filthy polack
>>80585969
http://www.ekathimerini.com/208381/article/ekathimerini/business/german-report-bailout-has-saved-banks-not-greece
That's why Schäuble wants to 'bail out' Porugal again? Oh Germany.
Reminder that the last time this happened Ireland had to give up 33% of its GDP to the bailout.
Nice "project" you got going there, Euros.
>>80595000
That's hardly relevant, Ireland fucked itself over by focusing on extremely risky financial business and inflated its GDP.
Remember the Celtic Tiger? Lmao.
>>80594391
>living in Germany
How about no? Your country turned to hell sometime ago. I'm not that stupid.You will attack me for being white.
>>80595000
We can not all have great leaders like Ferage, Cameron and Boris.
>>80595000
Look at it from their perspective.
1. To them, it's not about making people happy and prosperous. It's about creating the United States of Europe by first creating an economic, fiscal and monetary union that will inevitably require a single federalized government.
2. The 2008 crisis has hit them hard, and they probably couldn't survive another crisis.
3. And the next crisis might come not from the United States, but from Germany, in the form of Deutsche Bank going down.
4. If that happens, the European Union will have to either take such painful and unpopular measures that it'll have to violently put down revolts, or accept that it needs to shrink a little in terms of power.
5. The latter option is an impossibility, with the people who are in charge of the European Union (and the new generation of leaders they've been grooming for power) being rabid ideologues.
If they don't do 'bailouts', we'll all be better off for it in the long run, but they will be unable to hoist the blue flag that bears the golden stars over every public building in Europe and sit on the front row for all the military parades. Their entire careers will have been meaningless, so they're going to do anything and everything in their power (and some things that they're not legally allowed to do) in order to preserve their power base. Their goal is not happiness for people, it's building anempire. Bear that in mind at all times.
>>80595405
LeL
>>80585832
Das a lotta coin! YA HA!
>>80585832
>SUGGESTS BAILOUT FUND
>IT'S IN THE EDGE OF BAILOUT FOR (((ITALIAN BANKS)))
>GIBME
DEUTSCHE BANK IS NIGGER BANK
>>80595876
>DEUTSCHE BANK IS NIGGER BANK
CEO is one too.
>>80596323
What the fuck man, can't make this shit up
>>80597527
They're setting up for the fall.
>>80598188
Your dubs seem to confirm that it is indeed the case.
>Wanting to drain the Britbongs while they have a chance
Well good. Maybe we will see merkel hanged within our lifetime.
>>80587871
JUNCKER NO!
>>80587871
How do i get a cool flag like this?
Also when is EU gonna remove control from shithole nations and take control to make the EU better overall?
>>80585832
God damn being an emu slave never felt so good.
Just thinking about how if my parents didn't migrate from Netherlands before I was born I'd be in the same seat as you guys is a scary thought.
More bailouts? Was Farage right again?
>>80599776
Lmao I've actually seen the new Zealand Maori dance once and its pretty interesting ngl
>>80588268
Italy shouldn't BE a country. It's an accident of history that you even exist.
>>80599977
Exactly, DELETE countries.
Just become states and be controlled by the EU :3
Though i aint gonna wait, better move to US that has quality panda husbandos :3
>>80599894
Yeah the haka (I think thats how you spell it) is pretty good, the Kiwi's do it before footy matches and such. Shame the abos don't have any cool culture like that.
Time to stockpile food
>>80590156
Nokia.
>>80587871
>eu bureaucrats are waiting and encouraging this collapse
>even they the EU super-state has created the retarded political and economic conditions for such a crash, they will undoubtedly blame it on the very existence of nation-states
>they will use this crash to force countries to give up their sovereignty
you guys are motherfucking unreal and impossibly evil. Have a bane-pepe on me, you fucks
>>80601234
I can't hate, shitholes don't deserve to have sovereignty:3
>>80601234
I can't wait, shitholes don't deserve to have sovereignty:3
>>80600354
Abos have plenty of culture anon, it's just not really appropriate for a stadium of tens of thousands of people
>child rape
>incest
>tearing out little girls' uteruses with rolled up balls of bark
>cutting open little boys' penises, fucking the hole and drinking the semen/blood mix as a vitality aid
>huffing petrol
>knife crime
>passing out in front of liquor stores
>>80586419
>Where will people get their Parmesan cheese!?! It'll be a global catastrophe!
Ok Mario.
>>80601515
>greece accusing any other country on earth of being a shithole
kek
KEK
>>80601530
>tearing out little girls' uteruses with rolled up balls of bark
>cutting open little boys' penises, fucking the hole and drinking the semen/blood mix as a vitality aid
PHAM
>>80601530
And yet the rest of the world bitches when we try to leave them to rot in the desert.
Seriously they aren't even really human, I mean you speak to them and you'll know that.
>>80601607
Hey, I am the first to support the removal of greece's sovereignty and let it be controlled by the EU :3
>>80595876
>people invested money in Dindu Bank
Looks like Germany, is going to have to, sell off its gold reserves. Creative accounting is not going to solve this. Also I read Italy wants around 400, billion.
>>80592075
REally?
>>80589397
Yeah maybe in the 1600's.
Italy is just wine, cheese, pasta and tourism now. Oh and designer purses.
>>80601851
Proud of you Greekbro.
Let it happen, it all must burn, the happening is long overdue.
If shits going down and people have to decide, they will choose their own people over invaders or die. We will either get a true European nation state for European people, or we will die off as we deserve.
I don't get what is so terrible, a person who makes stupid choices and is a failure loses everything and his place is bought by better people
Why should countries be any different? Shitholes like South Sudan countries have failed, and thus they should be bought and controlled by better countries :3
>>80585832
>DEUTSCHE BANK SUGGESTS €150B BAILOUT FUND FOR ITALIAN BANKS
It's actually the financial equivalent of "i'll show you mine and you'll show me yours".
DB is going belly up in a few months so they want to bail out italian banks to create a precedent so they will get their ass covered.
Which will probably happen.
EU is not bad desu, Mama Merkel is
>>80602820
>South eU
Gay autocorrect >.>
>>80602698
Yep, but I feel more confident on the EU side, Internet is a great tool of slowly removing boundaries and differences and thus nations.m
More and more people spend a lot of time on the internet instead of the boring ppl around them. Hell best friend is from the us and would much prefer to spend time with him online than some Greek fag around me who is boring and we don't share the same interests.
So just wait for old fucks who don't use the Internet die, the opposition weakens day by day.
The US economy grew and inflation remained stable after a much larger bailout, why is everyone freaking out over this?
Europe has experienced deflation in some periods since 2008. There is plenty of room to print money. Not even trolling, this is how the economy works. Zimbabwe experienced a collapse because it was money printing + e bunch of nogs who can barely read never mind produce anything. Europe doesn't have that second problem. When you stimulate the economies of developed countries, the results are generally positive.
>DBK shares are 11 euros each right now
Why don't we all team up and buy it?
>>80602574
>Italy
>economy
Kek
>>80593942
>bond holders can still collect after bankruptcy from time to time
This was new to me.
>>80603216
They did this because the USD is the global reserve currency, so when we print shit tons of money it lowers the value of everyone's money and appears as though we haven't seen inflation.
This isn't true though. We have incredibly high inflation, it's just concentrated on certain things like Education, Health Care, and Housing. Combine this with stagnant wages and everyone is getting poorer and soon nobody will own anything. We'll be wage slaves spending over half our salary just to pay rent on a tiny shit hole apartment in some trendy part of town, and the rest of the money will be spent on overpriced drinks at the cool bars and clubs in that trendy part of town. Any necessities will be purchased with debt that will not be paid off for 49 years.
>>80604044
Bankruptcy doesn't just mean you don't have to pay anybody. Depending on the type it means different things but if you're talking complete liquidation then yeah debts get paid in a certain order. Bonds get paid first, shareholders then get paid. Typically there can be preferred shareholders that are first in line if bond holders are paid off.
>>80586419
>implying banks care about Europe
You were good hosts, especially Germany.
>>80594903
The lesson was to never vote socialist again.
If you sticked with ND, you may have got benefits, you actually should not have, but turning a blind eye to it, so they could afford their electorate some campaign goodies, like Spain, Portugal and Ireland, but nooooo!
You voted the guys, we strictly forbade you to. How dumb can you be? At least we made sure he won't be elected next time.
>>80603992
>usa
>education
>>80595128
>extremely risky business
>housing
Real estate was never considered a risky investment until 2008. And even today, its more secure than many a thing. I'd prefer real estate over Greek state bonds, for one.
>>80603802
Because even a small company will generally have well over a million shares in circulation. Deutsche bank? Closer to trillions.
>>80585832
crash this economy with no survivors.
we need to mememagic deustche back into crash
>>80588394
>We'll be fine
t. subhuman slavshit with his ridiculous economy
>>80586505
Careful what you wish for, Czechoslovakia, you're in the EU as well.
>>80601606
Stay ignorant Raheem.
>>80585832
I already see dozens of Mafia groups becoming wet.
>>80588394
>we will be fine
>receives ridiculous large amounts of cash from the EU for their 4th world shithole.
prepare for shitstorm.
MEME
A
G
I
C
>>80585832
>>80590586
>implying you can bail out DB debt.
>>80609718
Sure you can, just nationalize everyone's pensions, that's a start
>oh wait, they just did
See: IORPs. 1.4 trillion Dutch pension money just went to the EU. God knows how much Danish, German, Swedish and... no, you other guys dont have pensions. So Nordic pension money, just went to the EU.
>>80606232
Cuck your failed banks and state have to pay their denbts. Hahahaha.
England dindu nuffin rong this time.
Are you seeing what Germany is now? Are you seeing why they have to be stopped?
I hope you are because it would be awful to have to kick your arses for a third time.
Wake up little sleepy heads, wake up and turn your anger against the German menace that has for decades tried so hard to destroy your nations. We will protect you again, it is our destiny to protect you from the evil Germans and the ugly bitch that is Merkel.
We will not stop until Germany is burned to the ground in a swarm of nuclear fire. France can burn with it, ungrateful, cowardly, feminine bitches.
>>80610267
Can you guarantee that they wont take our bikes this time?
when will it crash?
boy, I can't wait.
>>80585832
Yeah? Why not?
>>80610611
Nee, maar we krijgen ze terug. Met rente!
t. Rutte.
>post from a few days ago
I suspect it's going to be money that brings a death to the EU. Consider the following:
Italian bank are in need of a $401Bn bailout. The entire bailout contingency can only shoulder a quarter of that, meaning if the EU put everything they could into the Italian banks, the taxpayer in Italy is still going to shoulder 75 percent of the total. Italy already sees the effects of the crippling failure that was the Euro, and the EU organisation itself.
Yet as huge as this crisis is, Deutsche bank stands to get hit by as much as ALL the Italian banks combined. A shift of 0.02% on its 72.8Tn derivative exposure will, -on paper- bankrupt the bank. To put this into context, Deutsche Bank, on its own, holds 13% of the entirety of global derivatives. If there was a bad recession, similar to '08, the bank would need a bailout closing in on a trillion USD.
The EU simply can't cope with this. It would be the equivalent of around 100 years of all EU funding from its member States.
And this says nothing about the immigration crisis, which is a strong enough remit for the actual voter to question EU membership already. The fact that a careful, liberal, progressive UK has already lost its majority consensus implies the those on the continent are already looking at majorities against, themselves.
In my mind, the only questions on the table are who is going to vote to leave next, who (including the UK) is going to trigger their A.50 first, and how long can the EU slow down the inevitable for.
>>80610611
We shall build a giant dam. Then we shall flood Germany! Your bikes will be locked up and protected disused cucksheds, seized from the pathetic cucks that drown!
You have my word.
>>80610705
There's only one condition, you must change your language to English, I'm sorry but Dutch is such a horrid language, it's not your fault, I'm not blaming you. You're good people but you deserve a much nicer language than what you currently have, it's truly awful, like chewing on broken glass & nails with extra phlegm and hebrew/arabic mixed in. It's gotta go.
>>80588394
FUCKING LOL
80% of your population works in the western countries. Without the EU you have nothing.
>>80610874
A trillion dollar bail out? Easy and done. Why else would the EU introduce the IORPs at such a breakneck pace?
Dutch alone have 1.4 trillion, which we are suddenly "allowed" to invest in Deutsche Bank stock and bonds without regulatory oversight or limitations from the Dutch Central Bank.
>>80610942
I'm sure Russia can find a use for them, like the good old days.
>>80610874
>bankrupt a bank
You know that's not going to happen, the debt burden will fall upon the German tax payer and they will suck it up like the good little cucks they are.
>>80610937
No fucking deal. We dont want no filthy foreigners understanding us. That would make scheming so much harder.
>>80611149
I'm sorry but you need to change your language, it physically hurts the ears to listen to it.
Just think on it, we'll give 1.1 trillion £ as well. Sound good?
JAJAJA? You can even have Scotland, exterminate the population and set up a new Netherlands there, complete with ship building facilities already in place.
C'mon it's a great deal.
>>80586419
Can't wait.
>>80587600
I didn't want it to come to this, but this is pretty much the only way forward desu.
Meme gods, hear my plead
make DB sink like lead
>>80586152
Yeah bro, once you join the EEA your opinion will be asked a lot for the regulation forced upon you too
>>80611123
>You know that's not going to happen
Sure, let's see what happens when their government tries to take 4 month's wages from every German in the country, man woman and child. Just to repeat the process in another 5 years.
>well just print the money then
Injecting 1Tn into an already weakened, vulnerable Euro will cause a domino effect on every bank across the EU Zone (and further abroad for that matter). Let's see if that happens, eh?
>>80607403
So you're saying we should give it a few weeks?
>>80612225
>weakened, vulnerable Euro
It's not the pound we're talking about here, the euro is fine
>>80595876
>Jewish banks fucking over people
>Italian banks fucking over people
>Jewish Mafia
>Italian Mafia
>>80611308
>scotland
No thanks, we already have a desolate wasteland in the north that is an economic drain , it's called Groningen. Dont need another one.
Give us South Africa and we can talk.
>>80612436
>the euro is fine
Spaniards everyone. No wonder you're in the shit lad.
>>80612381
Wait till it drops to bellow $ 0.10 and then trade it as penny stocks.
>>80612436
I don't know if you're joking or not, but if aren't then you are in for a horrible horrible surprise in the near future.
>>80612436
>the euro is fine
No, it's really really not.
>>80612225
You honestly think the Germans have the spines to fight back or protest against having their bank accounts frozen and 10% of their savings taken?
They did it in Cyprus and Greece and they'll do it in Germany and the Germans won't do fuck all and you damn well know it. They are the cuckiest cucks of all of cuckendom.
>>80612436
You know I'm surprised Spain, surprised that you still defend Germany after all the damage it has done. You're not smart are you? As a nation you're really not that smart.
>>80612436
>the euro is fine
It really isnt. Its only remaining afloat due to the ECB's printing press doing overtime, bailing out both banks and states with 80 billion new euros printed every month.
And hell, half the reason you guys and the rest of southern europe are in such deep depth is due to the Euro. It's overvalued for your economies, you cant devalue, you have too high inflation. Basically, the euro means your debts will be permanent.
>>80612708
>10% of their savings
And where did you get this figure from?
>>80585832
The first bank that gets a bailout will set a precedent and thousands more banks in Spain/Portugal/France will jump in looking for a bailout too.
France is next, their banks are crashing and if they had kept the Franc, the population would have seen how bad the economy is plummeting right now but all that's being hidden by the artificially inflated Euro.
>>80612804
That's what was done in Greece and Cyprus. I don't know what % of their savings would be taken but the EU already said they could do it again to any Eurozone nation because they set a precedent for it.
Remember when our government had to fly in millions of Euros to Cyprus because British servicemen in Akrotiri and Dhekelia/expats etc couldn't access money from ATM machines because they froze them to prevent a bank run?
They will do it again in Germany and the Germans won't do anything, the Germans already pick up the tab for the PIIGS laziness.
>>80610874
>Italian bank are in need of a $401Bn bailout. The entire bailout contingency can only shoulder a quarter of that, meaning if the EU put everything they could into the Italian banks, the taxpayer in Italy is still going to shoulder 75 percent of the total. Italy already sees the effects of the crippling failure that was the Euro, and the EU organisation itself.
It's more about the clintons more than eu, they gifted us kosovo and libya.
>>80593942
This is the problem with the EU.
Merkel and EU technocrats can make Italy follow the insane Eurozone rules because they don't have to run for reelection in Italy.
>>80594117
DB will be flooded with bailouts and already they are doing creative accounting claiming they can compound their debt ridden holdings into '50x more reserves'. Fractional banking what the fuck
>>80612767
>It's overvalued for your economies
Good thing the ECB is printing like crazy to buy sovereign debt then. Seriously though, besides the remote chance of some Frankfurt jews getting what they had coming to them for a long time, what's wrong with the Euro?
>>80613040
In Greece no. Just in Cyprus. We still have capital control.
Every euro I've met in last 2 years has been pro immigration from africa, diversity is our strength etc etc.
Except for one (of three) Frenchmen who was hopping mad about the situation but seemed completely powerless.
Probably a good thing in the long run if it all falls down.
>>80613341
I thought they imposed a bank levy on Greece as well?
My mistake, I know they did in Cyprus, I thought a bunch of Greeks moved their accounts to Cyprus to avoid a levy and then ended up getting fucked over?
Anyway point still stands, the EU did come out and say they could impose this levy on any Eurozone nation they wanted because they've already done it. Their justification for it in Cyprus was "hurr durr most of it is Russian dirty money", doesn't matter who's money it is, it shouldn't have happened. At all.
>>80613283
>DB will be flooded with bailouts and already they are doing creative accounting claiming they can compound their debt ridden holdings into '50x more reserves'. Fractional banking what the fuck
How are they pulling that off?
>>80613040
I'll help you work it out then. The ADR on the German population is 51.62, so that's about 40,000,000 Germans who are to shoulder the $1Tn. That's $25,000 per head. If, as you suggest, every single worker in Germany has savings of $250,000 then sure, that 10% government theft of savings would work. (They don't have that in savings).
Or you're just making shit up for... some reason; I'm not sure what that reason is.
>>80613494
Things are changing and people are slowly but surely waking up. I personally don't know anyone who is as you describe.
>>80613290
What I just said, is wrong with the euro. The northern and southern economies are too different. We in the north have a lot of pension funds, savings and investors. We like our currency to have low inflation and for rent to be high.
You guys in the south however, have for at the least the past century always run on debt. You want your currency to be high inflation so your debt doesnt go up too much, and low rent, so your premiums arent too high. And you want control of the currency, so you can occasionally devalue when the previous two measures fail.
A unified currency means no one gets the currency that is favourable for them, both sides lose (you cant control your debts, your export suffers because you trade in an overvalued currency and we for our part see our savings and pensions evaporate due to high rent). And you cant devalue anymore. This is precisely why your debts have spiralled out of control. Because you cant take measures anymore.
The euro has to be split up into a north and south euro for it to even remotely work, and then what would be the point?
>>80613771
evaporate due to low rent, I mean.
>>80612708
>You know I'm surprised Spain, surprised that you still defend Germany after all the damage it has done. You're not smart are you? As a nation you're really not that smart.
plot twist: he's a german tourist
>>80613645
They don't need to seize the amount you're talking about, you think a central bank or any bank would seize everything from the population to save itself, it only needs a portion.
When RBS collapsed we bought part of it, not all of it. The same principle applies to DB and yes they will impose a levy on Germans, I told you before how much I don't know but you made the assumption that the full weight of the total exposure would fall upon the German tax payer, I said a portion of it would.
Idiot. And it would be required so that the bank qualifies for a loan to be bailed out. Just like RBS.
Now fuck off.
>>80613957
And just to add, that 25k figure you added up would be over a period of decades, deducting a few pennies per year or lowering the interest rates on savings over a prolonged period of time to cover that amount per person with holdings in any bank interconnected with DB.
>>80613645
So don't lecture me, in fact get the fuck out of the thread right now because you clearly know fuck all.
>>80613771
But that's what is structurally wrong with the Euro and you can say the exact same thing about other currencies (namely the dollar), besides you leaving out the crippling inflation we used to have which was great to pay debts but not so good if your wages are always a year behind. Also the internal european trade too, which at least in Spain has become the most important foreign trade we have going on
But I was asking what is this "happening" shit about the Euro in the next few months you guys were talking about
>>80587674
we just won au futbol.
Portuguese canadian here. Stop complaining
>>80613943
Shut up Ireland, you're worse than Spain.
>>80613589
DB has a balance sheet of 1.6 trillion, supported by a market equity valuation of only 16 billion. Deutsche also has a reported 55 trillion notional of derivatives exposure (shitty Greek bonds, ect). They are cleverly downplaying that massive 55 trillion exposure but teetering on the edge right next to these Italian banks.
How Italian banking works is a total joke. Foreign clients started doing more and more of their business with an Italian bank that has poor capital reserves and a shoddy loan book and is losing money, but offers better terms to customers. The bank looks like it's going to fail, so the Italian government props it up with cheap credit and buys it's bad loans at above market rates so that it can stay in business - and keep winning business away from German banks because it's still offering better terms to customers. Plus now those customers know the bank won't go bust and they can rely on it because the Italian government will support it no matter what.
DB is effectively subsidizing all these shitty banks and losing business because of it. If DB goes basically all of EU goes with it.
>>80614448
The ECB printing press party is set to end by 2017. No one can tell for sure what will happen then, but the euro is expected to fall and there will be banks going tits up. Stock market will take a hit too. It's severely overvalued with all that practically free money.
>the dollar
The dollar is the currency of a single state and a unified people. They arent remotely comparable, unless you in principle agree that Europe should be a federal state.
>spain
>trade
You and most of the other poorer countries have basically just become markets for the Germans and French. Remember the supermarket war from a few years back? Native supermarkets were competed out of business by German and French ones all over Europe.
In Portugal and Greece, lots of industries were bought up, stripped and moved to south east asia (namely shipyards, textiles, shoe industry) since the common market.
You have to actually produce shit or have lots of capital to benefit from the common market.
And as for your salary... hey, having a slightly undervalued salary beats 35% youth unemployment and constant, increasing austerity, no?
>>80586419
wow, you really think you're important
>>80613957
>>80614226
I'm actually quite happy with you speculating with false figures and a flawed grasp of economics, I only worry that others might read what you're spreading.
>>80614803
72.8, not 55.
The equity eval. is wiped out clean with a 0.02% shift. That's not even a recession scenario. Compared to '08, it's about 1/400th.
>>80585832
Funny isn't it
>>80615751
Basically is like those leveraged positions on the stock markets?
>>80616054
CoCo exposure alone is enough to break DB many times over, assuming they haven't reduced their holdings.
>>80616212
What's the worst it could ever happen if DB turn insolvent?
>>80589397
https://www.youtube.com/watch?v=trBxPFLq__g
>>80616293
Worst? Domino effect on all EU banks, no bailout scheme would ever work, so it would be over. The shockwave on every business across Europe doesn't bare thinking about.
>kill all jews
>no more denbts
I got a degree to say this.
>>80615973
[Europeans booing]
>>80586152
got em
>>80601714
WTF dat flag
>>80615196
>No one can tell for sure what will happen then
well that was fast
>The dollar is the currency of a single state and a unified people
But not an unified economy, all the states could benefit from different and more specific monetary policies just like the countries in the EU. Also that "unified people" was quite retarded, the US people are just patriotic and brainwashed with propaganda
>Remember the supermarket war from a few years back?
Here in Spain the foreign supermarkets lost hard. They just bought out some of the smaller and less profitable chains and then regret it for years to come.
>n Portugal and Greece, lots of industries were bought up, stripped and moved to south east asia (namely shipyards, textiles, shoe industry) since the common market
Those were industries that couldn't compete and only survived thanks to the governments going broke to protect them, most of their capital was public. Same thing as the coal mining industry Thatcher nuked. Again here in Spain the textile and shoes industry has gone crazy big, with Zara and many others all over the world.
hey, having a slightly undervalued salary beats 35% youth unemployment and constant, increasing austerity, no?
Meh unemployment is waaay overestated here. Many people work outside the legal system while cashing benefits or saving their employers social insurancy, especially in services. Informal economy is estimated to be about 20% of our GDP and the actual unemployment must be something in the ballpark of 15%, which is less than in the early 90s
>>80616212
CoCos have the provision of being converted into shares in case of liquidity issues or imminent bankruptcy though. CoCos were designed to prevent scenarios like this and put all the risk on the investor (hence the high returns).
Never buy fucking CoCos. Unless you want to acquire shares in a failling business in a really convoluted way for some reason.
>>80616654
That's just mark. Ignore him
>>80616873
Indeed so. They're the new (((J)))unk Bond. Milken would be proud.
>>80616462
Denbts continue no matter what.
>>80617099
In your mind.
Drop the proxy, Merkel.
>>80616666
A big sector of your people employed in the grey market aint exactly great for the country. Taxes suck, but how else are you going to pay for proper infrastructure?
>industries couldnt compete
They could before they joined the EU and the EU went all rules crazy. Overregulation and retarded laws surrounding wage and employment benefits killed those industries. As they have killed heavy industry and large amounts of manufacturing all througout the EU.
I had a buddy who wanted to buy a shipyard in Portugal in 2006, and actually operate it there and employ people there. But due to local corruption and shittons of stupid regulations, he ended up just going to China for cascos and finish production in Vietnam.
>all the state could benefit from different monetary policies
Not each individually. But states with comparable economic turnout in similar sectors, yes. The entire midwest could have a single currency, as could Texas, Alaska and California together.
But since it is one country, its sensible to have the wealthier pay for the poorer states. Thats a sense of camraderie and patriotism.
But I'm not fucking paying for those damn Greeks, and that's roughly how all of Germany and the Netherlands feel about the issue. They arent my people, I have no ties to them, fuck them.
>>80616996
Bet they'll still be rated AAA even as the prices crash through the floor and bank after bank has to be bailed out.
>>80617502
>Taxes suck, but how else are you going to pay for proper infrastructure?
the EU will :^)
>>80586419
>Hopefully not. If Italy goes down, All of Europe goes down. Careful here: not just the EU, I mean Europe as the whole continent.
Unlikely.
>>80585832
Who is behind the eu economical crisis?
>Italians becoming increasingly wary of the EU
>oy vey, we need to make them financial slaves like we did Greece
>>80585832
Oh, this shit Will fly. Remember, we too are bailing out a bank, our own bank, though. Nevertheless will you pay for a bank, too. Why? Because someone profits from holding a dying system alive.
>>80591878
you will find more people talking german there than english
Argentina dislikes anything from England for some reason
>>80617502
Actually cuck you're paying for the Germans and the French.
>>80594903
