Deutsche Bank

[errolanderson]

Lehman Brothers German style? . . . .

German government states no rescue plan in place. Global derivative contagion risk heightens.

May create great fodder for Hollywood movie about 7 years from now . . . .

[errolanderson]

http://www.bloomberg.com/news/articles/2016-09-20/deutsche-bank-s-low-capital-makes-it-no-1-for-risk-hoenig-says

[perfecho]

Couldn't get URL to work....

[errolanderson]

Contagion fallout for other global banks may be a key watch for financial markets. Interesting chart in this CNBC release showing contagion risk to global banking system.

Deutsche Bank stock has lost more than 50% this week or $50 billion in value.

http://www.cnbc.com/2016/09/28/deutsche-bank-crisis-explained.html

[cottonpicken]

Been waiting for the re-capitalization of the eu banking sector for quite a few years,looks like its here.

Its about 5-10 times bigger then leymans,trying to figure out how they handle the derivatives book which is about equal to world gdp,interesting times.

[errolanderson]

cotton . . . it all has a very 2008 feel to it . . . .

[cottonpicken]

Hearing a lot of chatter tomorrow is the big day,don't know.

Having a brain fart over the new protocol when this happens.

They defiantly can't let this domino fall.

Imagine the world waking up to 75 trillion in worthless insurance instruments.

And the next day a quadrillion.

then the 200 plus total credit market goes up in smoke

obviously not going to happen

so they have to hit control print

the ballooning of central bank balance sheets will never stop

[cottonpicken]

Guess the run on the bank is picking up steam,10% of deposits disappear its game over.

[LWeber]

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/

Trading Spaces vs Trading Air

[cottonpicken]

Great site Lweber.

[cottonpicken]

That site illustrates how many naked derivative positions there are.

Basically no underlying contract to hedge.

Its like thousands of percentage point gains

[biglentil]

Fiat money is naked. Monetize monetize monetize there is no end. Timing when the sucker pops is the problem it shoulda popped in 08. It looks ugly again, but the can wiĺl get kicked down the road again. Nothin to see here folks put your heads back in the sand. Don't buy pm's, keep your paper near n dear to your heart. Thats the only thing holding up the house of cards.