When Deutsche Bank tanks (any day now), and the EU will be asked to pay trillions to bail it out, guess who will be sitting there, drinking tea smugly and laughing madly internally?
https://mishtalk.com/2016/06/24/dont-worry-deutsche-bank-only-down-21-pre-market/
>guess who will be sitting there, drinking tea...
Indian Master Race?
>>78681071
>and the EU will be asked to pay trillions to bail it out
I guess they'll finally literally sell Greece to the Gulf countries.
Theyre too busy out fagging it up to even realize it
>>78681071
all my keks if it is the EU that implodes instead of the UK Economy.
>>78681460
http://nypost.com/2016/06/12/why-are-so-many-bankers-committing-suicide/
>>78681071
https://twitter.com/insidegame/status/746225820297924609
>>78681580
Please kek make this happen
>>78683096
Scotts will not know what way to run...
>>78683745
Into the jaws of a lion. I hope it humbles them.
We don't leave for another two years bro
>>78681071
>tfw you have 20k in a Deutsche Bank account
Abandon ship!
>>78681071
Thing is, even Cameron's joke of a "deal" would have meant we wouldn't have to pay anyway.
All he had to do was get an exemption for free movement and we'd be in the EU now.
>>78684363
I hope that's only a small portion of your portfolio famalam
>>78681071
>>78681460
HAHAHAHAHAHAHAHAHAHAHAHAH
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!
FUCK YOU GERMANY!
Is this why Krauts have been in full shitposting mode since Brexit?! Holy fuck it's good to be British.
>>78684363
you should at least pay attention. Rumors have been flying for a while about DB, but their insane derivative situation could blow up into something has never seen before
>>78684363
Cash it out for gold or USD. Brexit means another financial happening is probable
UK is still a part of the EU for at least another 2 years. They will likely comply with all rules in the mean time so they don't get absolutely fucked with fines and penalties when they officially leave.
>>78684607
Deutsche Bank to shut 188 German branches, cut 3,000 staff
http://www.cnbc.com/2016/06/23/deutsche-bank-to-shut-188-german-branches-cut-3000-staff.html
>>78681071
wasnt DB the bank with the hight ammount of derivades (nearly 1T)?
Yesterday a guy called in the show of stefan molineux and they chated about how the abundance of resources was the main reason for the tolerance of refugees and other shitskins; if douchebank crashes sinking EU economy, might be this will uncuck europe....
>guess who will be sitting there, drinking tea smugly and laughing madly internally?
mmm. no one, because with the drop of the housing prices in london(no more banking in da city, and no more foreig investeors), everybody with half of a brain will withdraw from the market and this will leave a black hole in the UK financial sector
https://www.hometrack.com/uk/insight/uk-cities-house-price-index/
>>78681071
Anyone having assets there should transfer them to safer ground or use them to pay off debts.
If they tank it will be a chain reaction and nobody will be safe.
>>78684607
We shall finally plundge the Western World into chaos and return to prehistoric tribalism - as has been the Germanic goal since Roman times.
>>78685479
no, not really. The housing crash could actually stimulate economy since average britbongs will be finally able to afford some property. Importantly, the UK will not be asked to bail DB, but you, Spaniards, will be forced to shed some dough you do not even have.
>>78685666
Dominic Frisby @DominicFrisby 5h5 hours ago
. @DeutscheBank has €32.87 trillion position in interest rate derivatives & €6.3trn in currency derivatives acc. to 2015 annual report. Gulp
>>78683096
If Kek wills it
>>78681071
I do not understand how this (pic related) does not give everyone in the EU nightmares. It is beginning to look that britbogs really escaped the incoming disaster, narrowly
>>78685761
>The housing crash could actually stimulate economy since average britbongs will be finally able to afford some property
some years after the starvation
>the UK will not be asked to bail DB
If DB sinks we all sink with no survivors, not even the IMF will be able to refload it
https://en.wikipedia.org/wiki/List_of_largest_banks
if one of this bankrupts the game is over
https://en.wikipedia.org/wiki/Bankia
Bankia: Total assets Decrease € 206.970 billion (2015)
Bankia was way smaller than the banks in the list above and when the goverment had to rescue, needed the help of the whole EU
>>78686943
Because people are financially illiterate and blindly believe everything the eurocrats tell them. Makes me think of that Iraqi minister. "There are no tanks in Baghdad"
>>78687288
But DB will sink, it has already started...Brits might starve a little in a short term, but outside the EU they will be in much better position to weather this storm compared ya' all.
>>78687382
it will be epically amazing if Brits really escaped in 11th hour from the ship that is about to go down, simply because peasants got pissed and retaliated with their vote.
Someone needs to tell this to Scotts that are still trying to board the Titanic.
>>78686943
you act like it wont matter to you
but it will
>>78687680
The Scots are absolutely delusional. They think they can secede from the UK, join the EU without Spain vetoing and without adopting the euro. They really think the EU will welcome them with open arms when they want all the benefits and none of the obligations
>>78687848
not as much as it will to you, my dear Kraut
>>78687965
>does not know how the globalized economy works
>>78685666
I don't have any assets with DB but they are my bank as in my paycheck goes there. What should I transfer the money to? in b4 "cash", can't put 20k EUR in cash.
Thinking of switching to ING.
>>78688294
Put it in a wall safe pussy.
>>78688294
If DB falls it doesn't really matter where your money is. You're probably safer storing it offshore.
>>78688208
yeah, you tell yourself that, if it makes you feel better
>>78688392
I don't have a wall safe, Pajeet.
>>78685479
DB has a derivatives exposure of $72.8 trillion.
Fuck, sorry Germany. We only hate your leaders not your people.
>>78681256
We'll buy it off them, got a bit of dosh on the side, about £13 billion I think
>we need to stay in the EU for stability!
>EU can't even handle a country leaving it
>>78687382
>>78686943
Because neither of you understand how it works either otherwise you'd be talking about the specifics rather than things that are fine to the CH
DB and Italy on the brink of recession were the big risks with staying in the EU and nobody was talking about it
>>78689528
because neocons, bankers & globalists run the rigged game and control the conversation and the media.
>>78681200
>Sitting there shitting in the street.
That
Would
Be
You.
>>78687939
Here's what would happen if they seceded:
>Leave the UK
>Try to join the EU
>Get vetoed by Spain and Belgium (as promised)
>Try to rejoin UK within the week
>UK says no
>Economy tanks.
>>78687965
REKT
E
K
T
>>78688602
I would like to see a source on that.
>>78691186
why would spain/belgium veto scotland?
>>78693458
Because they would join the ranks of the ever growing percentage of countries that spend more than they contribute?
my body is ready
>>78681071
>tfw when my father works for Deutsche Bank
>>78693458
They have their own secessionist movements to deal with (Catalonia, Flanders), and they don't want to encourage their ambitions with a precedent.
>>78693458
Belgium no idea. As for Spain, they don't want to create a precedent for Catalonia who are also trying to leave Spain and join the EU
>>78693458
>>78694354
>>78694363
thanks lads
>>78687848
Canadian banks have heavy restrictions on how much exposure they can have to derivative contracts at any one time, which is partially why we escaped the 2008 financial disaster largely unscathed.
But I'm ready to make some mad bank once everything goes to shit. Buy when there's blood in the streets, right?
>>78695433
Yup. There's a reason that young people aren't buying stocks, and are instead forced to pay for them through government purchases. The prices are artificially high. If they would just let the market get to where it should be, instead of propping up people who put their retirement money into a casino, young people would likely buy stocks again.
