Didn’t the telegraph support brexit and say was a good idea totally not biased at all
Burn baby burn 🔥. Let the whole financial system burn to the ground. End the Fraud. End the Corruption. End the financial terrorism that banks, hedge funds and governments have been committing.
No we’re not.
Good thing UK is so well run
Calls on gold first thing on Monday, understood. No advice.
I don’t think anyone is in actual denial, but politicians, central banks and others have to deny there are any problems until shit hits the fan. This is how it has always been and will always be.
Soo… The people talking about deutsche bank failing on monday is bullshitting or not?
I think what’s happening is – You’re sitting pretty one day and you hear your friend, same age as you, had a heart attack and died. You think what about me? You get scared, your heart starts racing, you think oh my god something wrong with my heart, it races more, you worry more, it beats hard, you panic, you get a heart attack and you die. But your heart was fine.
Ignoring it makes it go away.
That’s a lot of words about how Deutsche Bank is down 8,5% and government bonds have fallen in market value. Something that won’t matter if they’re held to maturity, which they very likely will..
This is so crazy to me, unlike US banks, the EU ones have to abide by the full Basel III rules thus they have FAR FATTER capital buffers and their stress tests (unlike the fed’s in the US) shows their interest rate risks are far lower (especially compared to psychopathic short-term profit oriented lack of duration and rates risk management at SVB), yet the past few days the Anglo-sphere media has talked about nothing but how the EU banking sector is more vulnerable than the US.
I’ve watched multiple experts give interviews about it on reputable platforms like CNBC and Bloomberg and legitimately not a single one of them gave an actual answer, what’s even more crazy is that the presenters tended to ask how the EU banks are more vulnerable than the US ones when they have far bigger capital buffers and literally not a single one of the experts gave an answer.
This is truly a baseless claim, but it sure as shit sounds like US interests are siccing the bank-run mob on Europe to buy time so they can shore-up the cash cushions of the far riskier US banks.
Credit Sussy is a completely unrelated different matter, the bank was already destroyed when they’ve scammed their own wealth management clients with the Greensil funds, it simply takes time to move that kind of wealth out.
Deutsche Bank has a huge financial buffer in that is the primary bank for mega wealthy Russians. It is literally their access to the EU and the worldwide markets. It’s not going to fail unless Putin or the Oligarchy decide to pull a ”Peter Theil” and short their stocks like Peter did with Silicon Valley Bank. The Telegraph has a terrible history of being a sketchy newspaper anyway. Puffy Opinion pieces like this are just masturbatory for the writers.
when the European leaders say don’t worry… it’s kinda a cue to start worrying. 🙂
Stage 1: We say nothing is going to happen.
Stage 2: We say something may be about to happen, but we should do nothing about it.
Stage 3: We say maybe we should do something about it, but there’s nothing we can do.
Stage 4: We say maybe there was something, but it’s too late now.
If they say *anything at all*, a Europe wide bank run will bring the whole system to collapse.
Telegraph, yup this is a waste of time.
Europe is in denial about every crisis engulfing it
It says of the French protests: “What hope for serious reform in a country whose lavish system of entitlements is a growing threat to national solvency itself?”
Who’s the target audience for that? Certainly not regular people.
Soon we’ll be in a seasonal boom – bust cycle. You’ll be able manage a St Tropez holiday in July but you’ll only be able to afford chicken and jam for Christmas.
In the first place, an article by the Telegraph should never spark any discussion in this subreddit simply because the Telegraph will always say something negative about the EU in every issue.
And i am waiting the bomb like the guy from the fuel tank in Waterworld.
Of course they are in denial. That’s why the inflation is happening and it’s also why the USD is getting stronger composted to the EUR. The European Central Bank keeps printing money, kept the interest rates low, which is the start of every inflation. It’s not that hard to see.
No, we’re good. Stop spreading misinformation
I think the EU is the most prepared against banking crisis, not saying it can’t happen, just that they have strict rules and safeguards
I feel like so many media are diverging from the US banking crisis and trying to make it something more global. Of course, there are consequences in the EU if a US bank is in shamble, but again, on relative terms: we are the most prepared IMO
Switzerland, since 2009, had issues because they had to modify their laws protected tax fraud committed abroad (sorry but that’s what it did mostly..), it’s really a specific case here
La la la, I am not listening! 🙉
Im going to run to my bank on monday.
I need to be quick to pick up my new bank card before my shift begins.
We’ve been in denial about Lagarde for way too long.
30 comments
So many doomers… all is and will be fine.
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Didn’t the telegraph support brexit and say was a good idea totally not biased at all
Burn baby burn 🔥. Let the whole financial system burn to the ground. End the Fraud. End the Corruption. End the financial terrorism that banks, hedge funds and governments have been committing.
No we’re not.
Good thing UK is so well run
Calls on gold first thing on Monday, understood. No advice.
I don’t think anyone is in actual denial, but politicians, central banks and others have to deny there are any problems until shit hits the fan. This is how it has always been and will always be.
Soo… The people talking about deutsche bank failing on monday is bullshitting or not?
I think what’s happening is – You’re sitting pretty one day and you hear your friend, same age as you, had a heart attack and died. You think what about me? You get scared, your heart starts racing, you think oh my god something wrong with my heart, it races more, you worry more, it beats hard, you panic, you get a heart attack and you die. But your heart was fine.
Ignoring it makes it go away.
That’s a lot of words about how Deutsche Bank is down 8,5% and government bonds have fallen in market value. Something that won’t matter if they’re held to maturity, which they very likely will..
This is so crazy to me, unlike US banks, the EU ones have to abide by the full Basel III rules thus they have FAR FATTER capital buffers and their stress tests (unlike the fed’s in the US) shows their interest rate risks are far lower (especially compared to psychopathic short-term profit oriented lack of duration and rates risk management at SVB), yet the past few days the Anglo-sphere media has talked about nothing but how the EU banking sector is more vulnerable than the US.
I’ve watched multiple experts give interviews about it on reputable platforms like CNBC and Bloomberg and legitimately not a single one of them gave an actual answer, what’s even more crazy is that the presenters tended to ask how the EU banks are more vulnerable than the US ones when they have far bigger capital buffers and literally not a single one of the experts gave an answer.
This is truly a baseless claim, but it sure as shit sounds like US interests are siccing the bank-run mob on Europe to buy time so they can shore-up the cash cushions of the far riskier US banks.
Credit Sussy is a completely unrelated different matter, the bank was already destroyed when they’ve scammed their own wealth management clients with the Greensil funds, it simply takes time to move that kind of wealth out.
Deutsche Bank has a huge financial buffer in that is the primary bank for mega wealthy Russians. It is literally their access to the EU and the worldwide markets. It’s not going to fail unless Putin or the Oligarchy decide to pull a ”Peter Theil” and short their stocks like Peter did with Silicon Valley Bank. The Telegraph has a terrible history of being a sketchy newspaper anyway. Puffy Opinion pieces like this are just masturbatory for the writers.
when the European leaders say don’t worry… it’s kinda a cue to start worrying. 🙂
Stage 1: We say nothing is going to happen.
Stage 2: We say something may be about to happen, but we should do nothing about it.
Stage 3: We say maybe we should do something about it, but there’s nothing we can do.
Stage 4: We say maybe there was something, but it’s too late now.
If they say *anything at all*, a Europe wide bank run will bring the whole system to collapse.
Telegraph, yup this is a waste of time.
Europe is in denial about every crisis engulfing it
It says of the French protests: “What hope for serious reform in a country whose lavish system of entitlements is a growing threat to national solvency itself?”
Who’s the target audience for that? Certainly not regular people.
just gonna drop this here:
https://www.reddit.com/r/wallstreetbets/comments/121ut9s/banks_in_2008_vs_2023_whats_the_difference/
Soon we’ll be in a seasonal boom – bust cycle. You’ll be able manage a St Tropez holiday in July but you’ll only be able to afford chicken and jam for Christmas.
In the first place, an article by the Telegraph should never spark any discussion in this subreddit simply because the Telegraph will always say something negative about the EU in every issue.
And i am waiting the bomb like the guy from the fuel tank in Waterworld.
Of course they are in denial. That’s why the inflation is happening and it’s also why the USD is getting stronger composted to the EUR. The European Central Bank keeps printing money, kept the interest rates low, which is the start of every inflation. It’s not that hard to see.
No, we’re good. Stop spreading misinformation
I think the EU is the most prepared against banking crisis, not saying it can’t happen, just that they have strict rules and safeguards
I feel like so many media are diverging from the US banking crisis and trying to make it something more global. Of course, there are consequences in the EU if a US bank is in shamble, but again, on relative terms: we are the most prepared IMO
Switzerland, since 2009, had issues because they had to modify their laws protected tax fraud committed abroad (sorry but that’s what it did mostly..), it’s really a specific case here
La la la, I am not listening! 🙉
Im going to run to my bank on monday.
I need to be quick to pick up my new bank card before my shift begins.
We’ve been in denial about Lagarde for way too long.