Topic: European Banks Crash For 4th Straight Week - page 2. (Read 2631 times)
So does this crash show that we have to expect another fall down of euro in the world and specially in front of dollar.
Well banks need to readjust their loans and their portfolio,and well big account need to take care as from any moment they can close the doors,but these happens on the countries facing financial problems first,Greece were an example for the people to learn how the system works against them.
exactly like you have wrote Greece were an example for the people to learn how the system works against them.
I think that what thay did was similar to that what was done in 1932 ,destroy american silver dollar and in fact launching fiat,Any crisis something new added to that sytem
1932 that year Hitler become Germany chancellor
Well banks need to readjust their loans and their portfolio,and well big account need to take care as from any moment they can close the doors,but these happens on the countries facing financial problems first,Greece were an example for the people to learn how the system works against them.
MACRO ANALYTICS - 04 01 16 - Our "Lawnmower Economy" w/Charles Hugh Smith
Abstract http://www.gordontlong.com/Macro_Analytics.htm#04-08-16
https://www.youtube.com/watch?v=M7rM2uElXKM
Abstract http://www.gordontlong.com/Macro_Analytics.htm#04-08-16
https://www.youtube.com/watch?v=M7rM2uElXKM
The main point is the divergence since 1987. Before that there was a pretty good correlation.
Yeah but my point is it only looks like a correlation and a divergence because the y-axis is in log. The chart is manipulated to make it look so instead of actually being so.
True, if it wasn't then there probably wouldn't be much co-relation, it'd be a hell of a lot more scary though :/
Yes, that's my point. There is no correlation. The author manufactured one that doesn't exist to make his point.
The main point is the divergence since 1987. Before that there was a pretty good correlation.
Yeah but my point is it only looks like a correlation and a divergence because the y-axis is in log. The chart is manipulated to make it look so instead of actually being so.
One axis moves by 3000% the other by what 10%. I think it catches the divergence.
The main point is the divergence since 1987. Before that there was a pretty good correlation.
Yeah but my point is it only looks like a correlation and a divergence because the y-axis is in log. The chart is manipulated to make it look so instead of actually being so.
True, if it wasn't then there probably wouldn't be much co-relation, it'd be a hell of a lot more scary though :/
The main point is the divergence since 1987. Before that there was a pretty good correlation.
Yeah but my point is it only looks like a correlation and a divergence because the y-axis is in log. The chart is manipulated to make it look so instead of actually being so. The chart only tracks the prior 15 years before the "divergence" and uses this as the basis for saying these two lines should track? 15 years isn't a correlation, it's a coincidence, especially when the chart is in log and cropped with axes that don't go to zero. If you back this chart out to a bigger timeframe, you'll find that these two lines don't track each other at all, whether the y-axis is in log or not.
Ship is slowly sinking, and I don't wish to make some theories but they are making it, and they will fix it. I enjoy watching this games they play, to me they are funny. One day people will see that all that is just one big lie.
They just wish more money, that is the only game they know. Cause of that I would like bitcoin to grow, and to open shops around the world and in that case I can cancel all my banking cards and credits, to just forget about them.
they are fucked and one day they will fuck all of us over due to their constant printing and devaluation of currency They just wish more money, that is the only game they know. Cause of that I would like bitcoin to grow, and to open shops around the world and in that case I can cancel all my banking cards and credits, to just forget about them.
The main point is the divergence since 1987. Before that there was a pretty good correlation.
After the stock market crash of 1987, The Federal Reserve embarked on a path that led to the biggest debt bubble in the history of the world. The day after the 1987 crash (Oct. 20, 1987) Alan Greenspan, Chairman of the Fed, announced to the world that The Fed stood ready to provide whatever liquidity was needed by the banking system to prevent the crash from turning into a systemic financial crisis. That was the day the Fed “put” was born.... read more
http://www.zerohedge.com/news/2016-03-31/2016-end-global-debt-super-cycle
http://www.zerohedge.com/news/2016-03-31/2016-end-global-debt-super-cycle
Why is the y-axis in log? That distorts the chart and makes a meaningful comparison of the two lines meaningless, although perhaps it advances a particular narrative.
Ship is slowly sinking, and I don't wish to make some theories but they are making it, and they will fix it. I enjoy watching this games they play, to me they are funny. One day people will see that all that is just one big lie.
They just wish more money, that is the only game they know. Cause of that I would like bitcoin to grow, and to open shops around the world and in that case I can cancel all my banking cards and credits, to just forget about them.
They just wish more money, that is the only game they know. Cause of that I would like bitcoin to grow, and to open shops around the world and in that case I can cancel all my banking cards and credits, to just forget about them.
Or more often they're wishing for less debt and can't see the wood for the trees, they just see the debt hanging over them and can't see beyond that for long enough to realise what the debt really is. What's even worse is that's happening to entire countries, not just individuals with loans they've little hope of ever repaying but whole nations enslaved as debtors.
Kind of OT but came across this the other day, well worth a read:
http://www.nakedcapitalism.com/2011/08/what-is-debt-%E2%80%93-an-interview-with-economic-anthropologist-david-graeber.html
After the stock market crash of 1987, The Federal Reserve embarked on a path that led to the biggest debt bubble in the history of the world. The day after the 1987 crash (Oct. 20, 1987) Alan Greenspan, Chairman of the Fed, announced to the world that The Fed stood ready to provide whatever liquidity was needed by the banking system to prevent the crash from turning into a systemic financial crisis. That was the day the Fed “put” was born.... read more
http://www.zerohedge.com/news/2016-03-31/2016-end-global-debt-super-cycle
http://www.zerohedge.com/news/2016-03-31/2016-end-global-debt-super-cycle
Ship is slowly sinking, and I don't wish to make some theories but they are making it, and they will fix it. I enjoy watching this games they play, to me they are funny. One day people will see that all that is just one big lie.
They just wish more money, that is the only game they know. Cause of that I would like bitcoin to grow, and to open shops around the world and in that case I can cancel all my banking cards and credits, to just forget about them.
They just wish more money, that is the only game they know. Cause of that I would like bitcoin to grow, and to open shops around the world and in that case I can cancel all my banking cards and credits, to just forget about them.
The collapse of traditional markets can only be a good thing for bitcoin and the bitcoin related industries 
Banks in EU are very strong, because Germany and France are very rich countries, so banks hace a lot of money. Some small bank problems are not important for whole EU market.
Germany banks are full of derivatives,French banks are same nightmare like French economy
All that is balancing on the edge of catastrophe,frauds,money laundering,Panama papers Deutche Bank has 40000 firms like that all over the world irms were Drugs cartels,w eapon traders,and top politicians are meeting each other
French and Germans banks are tick tack nuclear economic mega bomb
EU banks are crashing in silence untill some time whan it will explode
Not only German but itaian,spanish,french very much,dutch
thay are all related,but if will brexit will be euroexit also
Euro currency has to fail EU needs reforms all will crash
Not only German but itaian,spanish,french very much,dutch
thay are all related,but if will brexit will be euroexit also
Euro currency has to fail EU needs reforms all will crash
US is not any better, just because they have a ton printed money doesn't mean their economy is recovering. In essence the entire system is fucked, no one trust it anymore and it's getting worse as more and more people that was giving lessons on morality end up being exposed as people that had offshores accounts. No one wants to pay taxes and people is tired of getting robbed. Bitcoin and gold are the only winners in the long term.
Yes, it´s the confidence that is actually cracking. It´s one big confidence game. Confidence is the foundation.
When the trust in governments and banks starts to fail as we´re seeing happening now and will be seeing more of, well that´s probably the beginnings of a collapse. How it will develop and when exactly it´ll happen is impossible to tell but it seems extremely likely in the near future, maybe in the next couple years. But then again it could happen later this year. There are other cards in play, war terrorism and more, which could influence this.
EU banks are crashing in silence untill some time whan it will explode
Not only German but itaian,spanish,french very much,dutch
thay are all related,but if will brexit will be euroexit also
Euro currency has to fail EU needs reforms all will crash
Not only German but itaian,spanish,french very much,dutch
thay are all related,but if will brexit will be euroexit also
Euro currency has to fail EU needs reforms all will crash
US is not any better, just because they have a ton printed money doesn't mean their economy is recovering. In essence the entire system is fucked, no one trust it anymore and it's getting worse as more and more people that was giving lessons on morality end up being exposed as people that had offshores accounts. No one wants to pay taxes and people is tired of getting robbed. Bitcoin and gold are the only winners in the long term.
When you have major cracks showing in banks like DB and CS and actually other big ones it´s impossible to just ignore it. It´s a sign of systemic weakness. The system starts collapsing from below, smaller banks go first then the larger ones.
Banks in EU are very strong, because Germany and France are very rich countries, so banks hace a lot of money. Some small bank problems are not important for whole EU market.
True, Deutsche Bank is just small fry that´s not important for the whole EU market. Credit Suisse is a tiny Swiss bank of no consequence.
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