Loading ...Hey, Mike, ever heard of TBTF? Well, you just defined it.
DB has been bankrupt for at least a decade but keeps plugging along. Germany will never let it go under as it is Gemany’s only seat at the world banking forum.
There are a couple of Italian banks in much worse shape, that should have gone under again, but they are being propped up. That’s right, Italian banks. So no, I don’t see anyone letting DB fail.
Riddle me this, after Lehman collapsed, the central banks came in and had things back up and running within a matter of months…..simply by pampering over everything, and have been doing so ever since……if it is a matter of paper in over problems, what make you think this will ever go down?
Things……or DB……will “collapse” when TPTB are ready for it to collapse so they can rearrange whatever it is they want to rearrange. But you can bet your ass, it will be a building 7 moment…….controlled demolition