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Hot "DEUTSCHE BANK WATCH" GERMANY "THE DYNAMITE IN THE EUROZONE" IS TOTALLY INSOLVENT - TRILLIONS IN HIDDEN DEBT!! IT'S THE NEXT GREECE!!

bugs

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Germany Deutsche Bank debt of 47 Trillion Euros is old news and has been known since the Great Financial Crash of 2008/9. This debt is Bank derivative debt and part of the Casino section of Finance Capitalism.
The usual suspects are preparing to foist this debt on the working poor of Europe and thus the recent exposure.
Germany will take a hit , but its Industrial base is financed by small local Sparkasse Banks that have never failed. They comprise about 80% of Industrial Financing in Germany.
Germany has boasted of a budget surplus for many years. This surplus was lent out to others in the Euro area and caused Bank failures in Greece ,Ireland, Italy and Spain, when projects failed to produce returns to service the loans.
The German surplus has not been used to upgrade its infrastructure and create employment because of EU austerity policy and this is having an impact on Germany's economy.
One of Germanys main markets has been Russia for many years, sanctions have closed off this market, and Russia now has developed its own substitute hi-tech Industrial base,of turbines ,aircraft etc.
Competition from China along the New Silk Road hi-speed rail system to Europe is another factor. The wheel of History is turning and it is pointing East.
The correct course for Germany's economy is to embark on a large scale infrastructure build programme , but this is unlikely as the austerity ideology is embedded in the German psyche and we in Europe must suffer along.
The end game is approaching over the horizon and Germany and Brexit are but other cogs in the wheel of the next Great Economic Crash.
great to read a well informed post well done --
could you offer an insight into the giant mess which looks to me like financial terrorism carefully constructed---
-SOMEBODY HAD THE CLOUT TO PRESENT TRILLIONS OF GARBAGE DERIVITAVES AS REAL VALUE.
SOMEBODY HAD THE CLOUT TO MAKE THE GERMAN TRADERS VIEW THEM AS REAL VALUE .
SOMEBODY HAD THE CLOUT TO MAKE GERMANS WHO ARE NORMALLY SANE-- INSANE .
I wonder what group is capable of robbing the german people regardless of the cost to Germany -- regardless of the deaths -- regardless of the lost productive lives in university and elsewhere numbered in the millions .
FOLLOW THE MONEY --FOLLOW THE MONEY for every derivitave paid for there is a trail to follow -who now has the trillions .
I find it maddening to constantly see graphs of how hopeless the situation is but no jourlinast or paper has the wits to show the missing graph --if you dug a hole a mile deep with your shovel you should have a hill a mile high beside the hole --who the fk has the hill . bugs
 

bells of shandon

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Much derivatives are constructed, as the word means, by an original solid asset. The easy way to understand derivatives is to consider a street full of Pawn shops.
A wifey runs out of money over a week-end and on Monday morning heads for the Pawn shop and borrows on the strength of the collateral of her husbands best overcoat and receives cash and a chit as security on the coat
On Tuesday the Pawn broker goes next door and lends the coat for another advance of cash and a chit.
On Wednesday the coat moves along the street again to be lent out for another advance of cash and receives a chit.
This magic coat ends up with so many owners ,it is unknown who the first owner was, and the chits can be traded as securities.
This Pawnshop carousel has been named ,by the Americans ,(who are experts at putting a fancy name on a pig in a poke.) as Repohypothecation.
In the above Pawned coat incident,the original collateral of the coat has been multiplied to earn cash many times and the chits are now traded as financial securities.
It is all a mirage of debt and will have no effect on the Real Economy ,but the Financial Institutions and Banks will take a big hit.
The World does not need banks, they are just intermediaries in money transactions.
The biggest problem is that Banks have taken upon themselves by chicanery and Central Bank system, the ability to create credit. and usurped the States control of the money creation system for the benefit of its citizens.
The creation of credit and money can be undertaken by the Treasury .The distribution of cash can be undertaken by the Post Office System.
 
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bugs

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Much derivatives are constructed, as the word means, by an original solid asset. The easy way to understand derivatives is to consider a street full of Pawn shops.
A wifey runs out of money over a week-end and on Monday morning heads for the Pawn shop and borrows on the strength of the collateral of her husbands best overcoat and receives cash and a chit as security on the coat
On Tuesday the Pawn broker goes next door and lends the coat for another advance of cash and a chit.
On Wednesday the coat moves along the street again to be lent out for another advance of cash and receives a chit.
This magic coat ends up with so many owners ,it is unknown who the first owner was, and the chits can be traded as securities.
This Pawnshop carousel has been named ,by the Americans ,(who are experts at putting a fancy name on a pig in a poke.) as Repohypothecation.
In the above Pawned coat incident,the original collateral of the coat has been multiplied to earn cash many times and the chits are now traded as financial securities.
It is all a mirage of debt and will have no effect on the Real Economy ,but the Financial Institutions and Banks will take a big hit.
The World does not need banks, they are just intermediaries in money transactions.
The biggest problem is that Banks have taken upon themselves by chicanery and Central Bank system, the ability to create credit. and usurped the States control of the money creation system for the benefit of its citizens.
The creation of credit and money can be undertaken by the Treasury .The distribution of cash can be undertaken by the Post Office System.
bells re your REPOHYPOTHECATION
I have given your answer some thought --maybe theres not enough mental horsepower available to me --however I have a book on the irish pawn broking industry and nowhere did pawnshops engage in what you have stated-- and I know you know this and you are merely quoting me what is trotted out generally to explain this fraud .
if I am an bank and I advance monies on collateral there are rules involved and the collateral has uncertain title at that point as it has now joint title between owners who have the majority title and the bank which has junior title
and a long road in front of it to secure full title as the nature of collateral is to be temporary and usually of nuisance value only as the bank can prevent you selling it as some of its title is missing/held /unavailable /at the pleasure of the bank .
it is generally legally impossible to proceed further with these arrangements until they a re sold to vulture funds as debts impossible for an irish bank to realise any return on after a long road has determined the item a bad debt .
the creation of a derivative has to be by its nature a fraud --
it has no real value other than its ability to defraud a certain sum .
I am unfortunately a caveman when it comes to acceptance of NORMAL BANKING PRACTICES --I do not accept what they call normality --I will never accept what they call normality --
I am called a oddball on occasion and a crank as I refuse to accept a small number of things as being normal .
I think the murder of thousands of semitic Palestinians is a act of gross anti-Semitism and I am trying in my own small way to make this term used for its proper purpose .
I on many occasions have had light debates re usury with teachers as I am trying in my own small way to change things and you have to tread gently or you spook the horses .
I ask as gently as I can is the incident in the temple with the money changers explained to the kids --does the word usury ever surface in the primary school--is an explanation allowed
as it is responsible for most of the suffering worldwide and the theft of wealth from society by a group who contribute nothing to society .
I think you will find that the little people/ us /the general population do not buy and sell derivatives .
it is confined to people who know it is fraud however the law has not kept pace and big money forces presidents to deregulate --or in my caveman terms ALLOW LEGAL ROBBERY AND FRAUD ON A VAST SCALE AGAINST THE LITTLE PEOPLE..
follow the money follow the money --it is not shared amongst a few pawnbrokers --it was never shared amongst a few pawnbrokers --they would not last a wet week if it were ever so.
I think bells the usual suspects are the usual suspects . bugs
 
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bells of shandon

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Bugs, derivatives are complex and obfuscation and lack of transparency are part of the fraud.
I gave the street of pawnbrokers as a simple way to explain the manipulations of financial securities. Obviously Pawnbrokers do not engage in these practices but financiers do.
The greatest fraud of all and one that has been hidden for over 2 centuries, is the creation of credit by the Private Bank System, when they make a loan agreement.
This is the source of the Great Financial Crash of 2008 and the root of the Irish BANKING FAILURE.
 

jpc

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Bugs, derivatives are complex and obfuscation and lack of transparency are part of the fraud.
I gave the street of pawnbrokers as a simple way to explain the manipulations of financial securities. Obviously Pawnbrokers do not engage in these practices but financiers do.
The greatest fraud of all and one that has been hidden for over 2 centuries, is the creation of credit by the Private Bank System, when they make a loan agreement.
This is the source of the Great Financial Crash of 2008 and the root of the Irish BANKING FAILURE.
Here's a good starter.
And it explains why the system is perfect for manipulation just by listening to the basics.
 

mike.foy

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Germany heading for financial MELTDOWN, set to sink the EU, says leading expert!

WITH the biggest economy in Europe, Germany is the glue that underpins the eurozone but it could soon come unstuck.


In a controversial move, Germany last year cut the state pension age to as low as 63, adding more strain to the welfare system.


At the same time, the economy is on course to take a huge hit from the Volkswagen emissions crisis, which the impact not yet fully known.

The car manufacturer is one of the country's largest employers, with more than 270,000 jobs in its home country and even more working for suppliers.



View attachment 1221

Germany heading for financial MELTDOWN set to sink the EU, says leading expert


Then we've the Derivative Exposure of Deutsche Bank!

View attachment 1222


Oh & Bye Bye German Pensions!


Germany Has 5 Trillion Euros of Hidden Debt,
Handelsblatt Says


Germany’s public debt is much higher than officially shown, Handelsblatt reported, citing calculations

Bernd Raffelhueschen, an economics professor at Freiburg University.


Apart from 2 trillion euros ($2.7 trillion) of public debt, there are liabilities of another 5 trillion euros because of shortfalls in the social security and pension funds, according to Raffelhueschen, the newspaper said.


Bloomberg - Are you a robot?


View attachment 1223



The real debt burden: Germany big lie

THE TRUE BURDEN OF DEBT
Germany's big lie

View attachment 1224

The official debt of Germany has grown at 2,000,000,000,000 euro. Who is honest, has to adding tremendous commitments of social security funds.

Not a good base to get safely through the financial crisis.

Die wahre Schuldenlast: Deutschlands große Lüge


Good to know that Anjie with 29% of eligible German Votes can dictate to the 28 other Countries in case they run up a Bill...
View attachment 1225
Old news, late to the party again let me school you boy
 

mike.foy

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The Post is from 2015- let me know when you leave School... :rolleyes:
You see if you actually listened to the guy you would know he was talking about the algorithmic cycles of the financial markets. In other words my simple minded little friend the crash of 1929 crash and the crash of 2004 had the common theme of zero interest rates. The next crash of 2020/2021 will be the same as 1939 a slow devaluation of currency , in our case the euro.
Spoon feed over , now off out to play you little scamp ( rubs head, ruffles hair, and off he skips)
 
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