“When will she buckle?”
Maybe somewhere between Sept. 30 and Oct. 12? (Sept. 30 would make a lot of sense.)
So always go shopping on Thursdays and stock up on everything.
Oh wait … I can tell you exactly when Deutsche will collapse:
It will collapse when Lord Rothschild is pressing the ‘sell all Deutsche shares’ button …
H/t reader squodgy:
“Angela is NOT a Rothschild. She has no say in the future of the Deutsche Bank. That rests with you know who.
Based on the historical events pertaining to the rule of the “too big to fail” principle, and the current share valuation, would it be prudent to consider purchasing shares in it?……or…. based on the principle of exclusive Rothschild ownership comprising Debentures, Preferential Shares, Class ‘A’s, Class ‘B’s and then the risky unprotected dross which we mere serfs can buy….”Ordinary Working Class Shares” it seems those in power benefit at our expense yet again………So steer clear.”
When will she buckle?
Shares of Deutsche Bank got bashed 7.6% today, to €10.49 in Frankfurt, down 67% from April 2015, to the lowest level since they started trading on the Xetra exchange in 1992. They traded below that level in the early 1980s, but decades of inflation have whittled down the purchasing power so much that comparisons are meaningless.
Deutsche Bank’s 5-year default probability spiked to the highest level this year. Continue reading »