How Deutsche Bank’s £35trillion of trades puts Europe in peril: Warnings that failure could bring global system crashing down

i'm confused... they made very little profits? isn't that better than some businesses posting an actual loss?

Deutsche Bank's net income plummets
[link to www.dw.com]

This bank underwrites upwards of seventy-five TRILLION in Derivatives contracts / Credit Default Swaps. Most of those contracts are now (obviously) not worth the paper they're written on.

When this bank fails - it will take the entire Global Financial System with it. They'll be lucky to make it to late September.

...Deutsche Bank Announces 98% DROP in Profits
Wednesday, 27 July 2016 08:30 Written by Super User



Deutsche Bank Flags Deeper Cuts as Trading Drop Hits Profit
[link to www.bloomberg.com]

Last Edited by 2/3s of 2/3s on 07/27/2016 09:33 PM

Once their stock hits single digits, it will be a falling knife

US Banks are suffering succotash...North America is the mother-lode of coal!!!

Deutsche Bank promises that this is the last year it will waste so much money on legal fines
[link to finance.yahoo.com (secure)]

...Deutsche Bank's David Bianco indicated that “the next move for the S&P 500 is a 5% to 9% decline ahead of the election.”
[link to finance.yahoo.com (secure)]

DB is bankrupt, and some others European banks as well,
the total enterprise value of DB is - 144 billion ( minus
144 Billions). there is not enough money for bail in or
bail out given the derivatives exposure, I think we are just days away from a reset of the system.

It's all fake money.
The problem is that most people don't know that.

$70,000,000,000,000.00

I just create $70 TRILLION dollars. It's JUST as REAL as any money in the world. Please use it to stop the "peril" in Europe.

blah blah blah, let it burn already, sick of the whole game anyway.

I already gave Europe the money to stop the "peril".
Thank me later.

Thursday, 7 Jul 2016 | 12:08 PM ET

...In an eyebrow-raising wager on Wednesday, someone purchased 9,000 of the August 12-strike puts for $1 each. Since each put option accounts for 100 shares of stock, this is a nearly $1 million bet that Deutsche Bank could fall below $11, or 14 percent, by August expiration.

[link to www.cnbc.com]

Last Edited by 2/3s of 2/3s on 07/27/2016 10:08 PM

I GOT 2 JAN 2017 12.00 PUTS... JUST TRYING OPTIONS OUT. WHO KNOWS MAYBE WIN SOME SILVER BARS. I got none. Maybe 2.00 pps then .35 cents after Bankruptacy filing.

Yes the ra,ra about the markets is always a CIA/masononic/Gov death trap. keep your money out of the ra, ra bloggs.

Last Edited by 2/3s of 2/3s on 07/27/2016 10:28 PM

When the dominos start falling,
get all your money out of the bank,
and,
AS QUICKLY AS YOU CAN,
turn the cash into something of REAL value.

WATER
FOOD (non-perishable)
FUEL
(we have a 275 gallon oil tank that we don't
use anymore, but that sucker will be filled
to the brim with #2 heating oil (diesel))
(we have a 500 gallon propane tank and THAT
sucker will be topped off)
All the gasoline you can store safely.

GUNS (if you don't have MANY)
AMMO

HAND TOOLS
BUILDING SUPPLIES (lumber, nails etc)

If you have a little land, seed for
a garden.

There are prepper sites with extensive lists,
but JOB ONE is going to be:
1. Get your cash out of the bank,
2. Turn it into something YOU WILL NEED,
when TSHTF.

...

Last Edited by 2/3s of 2/3s on 07/27/2016 10:49 PM

I think I shall thank you now... wait.... they just used your 70 Trillion to get themselves another 17 quadrillion dollars deeper in the hole

.

[link to www.godlikeproductions.com]

Those "profits" are also tied in with a lot of slick accounting games. If DB can only eke out a miniscule $16m profit, which is pocket change in banking circles, it's pretty safe to say the bank actually lost a shit ton of money if the accounting were GAAP and assets marked to market instead of marked to fantasy.

Just for a comparison ...

Facebook net income for second quarter of 2016 surpasses $2 billion
S putnik

too bad, no bailouts, if the world is stupid enough to have tied their economies to banking then they deserve a depression

It's fake money, rather it's currency, but the circulation of that currency is what's important. Think of it as an extensive web of credit, payments that flow continually through the system.

People just tap into that huge flow and withdraw some of the currency to buy things.

But if the flow stops, like a clog in your artery, then you can have a massive coronary. That's when the whole system stops because of the clog.

That's when store shelves empty in a day.

Investors have BIG expectations about big Banks. ..

144Billion is nothing.

And btw Deutsche Bank is not the worst bank bnp paribas has a worse debt/equity ratio.

Now its clear why Merkel invited 2 million foreigners into her country. She wants to create chaos and then head to the back door with the stolen loot. Leaving the rest of Germany in enormous debt.

sell the family dog and buy silver?

This.
AND: The are constantly involved in some lawsuits and have to pay penalties -- I´m not kidding you, they have to built reserves for this sentences alone.
I really don´t understand how any private investor still trust DB.

Cutting the strings...

Soros bets €100m AGAINST Deutsche Bank

"Billionaire investor George Soros took out a staggering €100MILLION bet that a major German bank would collapse after Britain decisions to cut ties with the crumbling EU.

The man who "broke the Bank of England" took a short position of 0.51 per cent in Deutsche Bank shares on Friday - the day after the people of Britain backed Brexit." [link to www.express.co.uk]

Contagion from Italy’s Bank Meltdown Spreads

"Without a taxpayer-funded bailout that directly contravenes the Eurozone’s new bail-in rules, the world’s oldest surviving bank, Monte Dei Paschi, could soon be out of business. Shares of the decrepit financial entity have long been reduced to a penny stock. So far this year, they’ve lost 78% to close on Tuesday at an inconsequential €0.28.

The closer it comes to its end, the louder the calls for its rescue. Last week saw two out of three of the members of the institutional triad formerly known as the Troika — the ECB and the IMF — lend their support to a taxpayer funded bailout of Italy’s banking system. So, too, did the biggest U.S. bank by assets, JP Morgan Chase.

All that was needed was for Europe’s most influential bank, New York-based Goldman Sachs, to give its blessing. That came on Monday in a report whose conclusion is fittingly Goldman-esque: saving Italy’s banks is not just necessary; it would be a bargain for all concerned." [link to wolfstreet.com]

Impeccable timing for their global criminal C.F. banking front puppets to be "crashing down", too, isn't it?!

How much does NATO need to keep amassing troops around Russia's border?

The haircut hacks are coming... they need all the strings and strands they can get to save their own heads from being hung and scalped!