Deutsche Bank AG (DB)

[fromtheuk]

A very simple scenario on the way for DB.

Europe is spending money to cover the.COVID bill, Money it does not have, countries in the south will default which will have a knock on to a lot of companies already hit by the pandemic. All EU banks at risk, but DB will be the main one to watch.

As the world steps out of Covid, growth will return everywhere ( even Europe ). This will push inflation and then interest rates. This in turn will drive the defaults on national Debt in the EU.

It may take a while as the EU can just keep printing for a while, in the end the EURO will die, and the EU nightmare will be finally over.

A single Currency without Full Political Union ( United States of Europe ) was always going to fail.