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PANIC As Margin Calls Begin: Deutsche Bank Has Financial System On The Cusp Of Collapse
Silver doctors.com ^ | 09/29/2016 | The Bat Ladys Husband

Posted on 09/29/2016 4:35:35 PM PDT by The Bat Ladys Husband

DB stock is now in a full panic sell-off as I write this. It just hit another new all-time NYSE low on by the heaviest volume ever in the stock since its 2001 NYSE listing. It’s currently down almost 10%. No doubt the Central Banks will try to bounce it.

(Excerpt) Read more at silverdoctors.com ...


TOPICS: Business/Economy
KEYWORDS: banking; deutschebank; ecb; eucrisis; europecrisis; finance; germany; stockmarket
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To: cloudmountain
Any private financial institution, no matter how “strong”, can be undone by asinine fiscal policies initiated through bureaucratic/political incompetence. The private sector unfortunately needs to navigate/react through decisions made by politicians/public policies. The bill is due after decades of collectivists-Statists policies.
21 posted on 09/29/2016 4:53:22 PM PDT by rollo tomasi (Working hard to pay for deadbeats and corrupt politicians.)
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To: ameribbean expat

I understand it is illegal for the German government to bail out Deutsche Bank per EU rules...?


22 posted on 09/29/2016 4:55:55 PM PDT by M1903A1 ("We shed all that is good and virtuous for that which is shoddy and sleazy... and call it progress")
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To: The Bat Ladys Husband

I kind of hopes it happens now (sooner than later) on the heals of the debate when Trump made the warning.


23 posted on 09/29/2016 4:58:12 PM PDT by castlegreyskull
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To: Toddsterpatriot
For those of you who came in late, Deutsche Bank is probably the first domino in the global economy collapse.

Deutsche Bank = Lehman Brothers this time around..., global cascades of defaults unless the German Government swallows them up (obviously not willingly, but in desperation! Don't be shocked if our own FED magically creates BILLIONS for the rescue as well!

24 posted on 09/29/2016 4:58:54 PM PDT by ExSES (the "bottom-line")
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To: PGR88
You are correct. The central banks have unlimited funds to prop up and buy up any asset they want.

There are various predictions as to how long this kabuki dance will continue. Remember, the central banks are buying these assets with currency that is backed by, wait for it, nothing more than faith that the present financial system will stay in place forever.

When the those who actually producer something lose faith in the bank's promises to pay, all hell will break loose.

25 posted on 09/29/2016 5:01:25 PM PDT by Former Proud Canadian (Gold and Silver are real money. Everything else is a derivative)
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To: RoosterRedux

It’s down a whole 10%?

Thats simply horrifying.


26 posted on 09/29/2016 5:02:18 PM PDT by glorgau
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To: The Bat Ladys Husband

Somehow I get the feeling that I still need to be at work tomorrow and my mortgage will still be due.


27 posted on 09/29/2016 5:03:56 PM PDT by SamAdams76 (It is a wise man who rules by the polls but it is a fool who is ruled by them)
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To: Lazamataz
I am so screwed.

At the end of the article, you may notice a fantastic deal on gold coins, so the news is not all bad.
28 posted on 09/29/2016 5:04:25 PM PDT by jjsheridan5
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To: The Bat Ladys Husband

Obama should write them a nice big check.

This may be why Hellary is saying Merkel is one of her most favorite foreign leaders.


29 posted on 09/29/2016 5:04:49 PM PDT by bgill (From the CDC site, "We don't know how people are infected with Ebola")
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To: M1903A1

Known in EU jargon as the Bank Recovery and Resolution Directive, the legislation is the centrepiece of efforts to avoid a repeat of the €1.6tn of taxpayer support to banks during the 2008 financial crisis.

It empowers regulators to intervene quickly when a bank is weak, avoiding the panic that could arise from a messy and prolonged insolvency procedure. The law took effect in 2015, but markets were given an extra year to adjust to the most controversial measure: tougher rules imposing losses on a failing bank’s creditors, which kicked in on January 1.

This stipulates that 8 per cent of a bank’s liabilities must be wiped out before any taxpayer support can be provided, placing unsecured senior bondholders and also large corporate depositors on the hook for forced losses, also known as bail-ins.

https://www.ft.com/content/8ad2ed98-d0a0-11e5-986a-62c79fcbcead


30 posted on 09/29/2016 5:06:28 PM PDT by ameribbean expat
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To: rollo tomasi

The strange thing about Deutch Bank’s situation, is that it seems to be caused by massive fines which are being imposed - billions of dollars for involvement in mortgage products in 2006-2007, and more recently in financial transactions which may have evaded sanctions over the Ukraine situation.

There must be some reason why the powers that be are going after DB in this manner. Other banking houses can get away with almost anything.


31 posted on 09/29/2016 5:06:35 PM PDT by BlackVeil ('The past is never dead. It's not even past.' William Faulkner)
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To: RoosterRedux

You better be concerned, DB has $57 Trillion in Derivatives, more than the entire world economy, and it is just one bank. The part two of that is who are the counter parties to those derivatives?

Germany, The ECU, and The Fed will have no choice but to prop up that bank somehow, it cannot be allowed to fail.


32 posted on 09/29/2016 5:08:42 PM PDT by Captain Peter Blood
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To: Lazamataz

I had a Deutche Bank account decades ago. Fond memories, but I escaped Germany’s stinking socialist hellhole and 70% tax rate.

America’s stinking socialist hellhole should have Trump’s surgical hand. First surgery will be the $5000 Obamacare Hillarycare tax.


33 posted on 09/29/2016 5:10:52 PM PDT by TheNext (Hillary Hurts Children & Women)
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To: BlackVeil
The strange thing about Deutch Bank’s situation, is that it seems to be caused by massive fines which are being imposed

Not really. It's more because they have to hold "safe" (cash or negative yield bonds) assets to reduce their risk. They end up reducing their risk so much, they can't make money.

34 posted on 09/29/2016 5:12:43 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Lazamataz

Am positioned for collapse avoidance or growth or inflate.

BRING IT ON!


35 posted on 09/29/2016 5:15:11 PM PDT by TheNext (Hillary Hurts Children & Women)
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To: M1903A1

Germany is the lead nation in the EU - they don’t have to obey the ‘rules’. Who is going to stop them? Do you think Merkel is dumb enough to allow the largest bank in Germany to collapse, and in an election year?

They will simply order the European Central Bank, which they also control, to do anything necessary to fix Deutsche Bank. Equity holders may take a bath, but nobody else will be hurt.

If necessary, they could ask Washington to cool it, in return for the EU taking it easy on Google and Facebook.


36 posted on 09/29/2016 5:21:22 PM PDT by proxy_user
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To: The Bat Ladys Husband

There could be a ‘collapse’ but Obama will not allow a panic , which would be detrimental.
He’s designed the perfect downward spiral for America. Very few are complaining.
The myrmidons will cheer when he calls for an increase of chocolate rations to 20 grams from 30.


37 posted on 09/29/2016 5:22:19 PM PDT by griswold3
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To: HombreSecreto

They will say that Trump “talked down the economy”.


38 posted on 09/29/2016 5:26:40 PM PDT by hirn_man (Today Levin started off his show)
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To: The Bat Ladys Husband

Please let it be mild for a day or two! After 45 months on the market, Isold my house and the closing is tomorrow!


39 posted on 09/29/2016 5:26:50 PM PDT by MrChips (Ad sapientiam pertinet aeternarum rerum cognitio intellectualis - St. Augustine)
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To: cloudmountain

The Deutsche Bank will recover. It is one of the strongest financial institutions in Europe.
Germany is one the strongest economies in Europe.

######################

https://www.youtube.com/watch?v=33O0jA8fMFw


40 posted on 09/29/2016 5:27:24 PM PDT by Psalm 144 (One party feigns virtue, the other flaunts its corruption. May God reward both as they deserve.)
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