Deutsche Bank AG (DB)

[fromtheuk]

Germany has a lot invested already in DB. They tried and failed to keep it above $10, and now they need to the think of something else.

1) Expect increased talk of mergers, but I pity any bank that takes on DB. Worst Deal in History...

2) Expect Bail-ins if situation gets worse (Against EU rules). Also Expect sourthern countries to complain as they were not allowed to do the same thing to save their own banks

3) Worse still, expect a spiral of decline across the EU, with more countries becoming dissatisfied with the EURO and been unable to deal with the fallout without their own central banks

4) EU elections in the sping to return many populist leaders with the single agenda to bring the whole stinking edifice down.

Listened to a debate on DB the other day. One senior economist called DB the biggest criminal organisation in Europe... I could not agree more.