This Can’t be Good
For anybody but DB shorts
Not even a wiff of a Short Covering Rally
Terminal IMHO…Looks like it will die quickly
What effect with this have on the Global Banking System
Has to be bigger than Lehman
For anybody but DB shorts
Not even a wiff of a Short Covering Rally
Terminal IMHO…Looks like it will die quickly
What effect with this have on the Global Banking System
Has to be bigger than Lehman
commerze bank took em over via cash handout from Merkel. Italy not impressed…
https://www.armstrongeconomics.com/world-news/banking-crisis/deutsche-bank-to-merge-with-commerce-bank/
The market is not impressed apparently
Started going down in 2007 and never really stopped.
It would likely cause a global banking crisis via all the complex interconnections. Dominoes…
The Bundesbank and ECB will never allow DB to fail. Counter-party risk is in the trillions. The world learned a lesson when Bear and Lehman went down. Not gonna be allowed to happen with DB.