/biz/ - Business & Finance

>>16450201
sure buddy

>>16450201
I even have <100mil on my account

>>16450218
can you give me some ?

>>16450201
DB will not bust, its too large

I would move them from DB, you know, just in case...

>>16450201
It’s called deposit insurance.
> einlagen versicherung

>>16450249

To fucking what? Commerzbank? Lmao

>>16450259
A Dutch bank

>>16450201
L
M
A
O
WOOOOOOWWWW TOTAL BRAINLET WTFFF

TRUSTING THE EU LAW IF DB FAILS HAHAHAHAHAHAHAHAHAHAHAAHAHAA

>>16450201
maybe. did the ppl in cyprus get their money. or when.

>>16450201
Anon, I...

>>16450250
problem is that the deposit insurance hasnt been maintained. even in 08 the major banks in germany didnt have law required deposit funds to insure their clients deposits which at the time was 10% or something.

>>16450201
Physical gold and btc, you mongrel

EVERYONE PULL OUT OF DEUTSCHE BANK SO THAT YOU SAVE YOURSELF AND TRIGGER THE COLLAPSE

IT'S A WIN/WIN SITUATION

yes, its safe unless something really big is happening, during a systematic bank failure nothing is safe

>>16450638
Like DB failing won’t topple other banks eventually

>>16450201
No worries mate, it’s insured,

>>16450201
dont you worry a thing buddy, germany is run my competent, well-meaning politicians who always have your best interest at hearts. they wouldnt steal your hard earned money to bail out criminal banks no no. something like that is completely unthinkable.

Bump

>>16451015

Why would they steal something they can create out of thin air?

interesting

>>16450213
t. A. Merkel

>>16450201
>taking that chance
Not going to make it.

Ask the Cypriots or Lebanese

>>16450248
I genuinely believe that db will be the first "too large to fail" institution that fails and brings the world economy with it. Billions of tax dollars will be pumped in to keep them afloat but they are completely unsustainable.

>>16450248
Germany is larger then DB and their currency went to zero 4 times since 1900

The only two safe areas in today’s environment is physical in your hands gold/silver and Bitcoin that you self custody. I wouldn’t trust my bank with a bag of jellybeans.

>>16452270
they got setup by the whole fucking world

Keep it there my tiny kinder friënd.

I will enjoy buying your <100k for <10k on the fore sale ;)

>>16450201

))))))))))))))

>actually believing the money is still there

>>16452251

>its too big to fail
>but it will still fail!!!

>>16450201
you might get it back but the EUR won't be worth shit soon so it won't matter

>>16452405
Well that's what they get for not finishing the job.

The money isn’t there retard

>>16453284
Where did it go?!?

>>16450384
this. OP you will get fucked by a new merckel mandat

>>16450201
You should convert 2/10 of that into physical gold and silver.

>>16453326
secret antartica bases, its in good hands

>>16453685
Is that how they stay warm? By burning all the fiat they stole?

>>16450201
you haven't been paying attention anon ever since jan 2016 all euro banks are forced bail in now
although the goverment garantuee still exists, per law the gov can at any point and for any reason decide that the bank poses a risk to the nation and force a bail in
strictly speaking you are still garantueed as you are receiving 100.00k worth of bankstock (without voting rights) at the moment of issuance
the fact that you are not allowed to sell, nobody would even fucking buy otherwise and 1 millisec after issuance the that stock is worth 1 cent are not important you were reimbursed

what do you say now anon?
thank you unelected (((((((((eurocrats))))))))))

Holy fuck so what's the best course of action?
Beside buying imaginary digital coins?

>>16450384
This

Dude just move it elsewhere , why risk it

But if DB does go under, then most if not all western banks will. Then potentially bitcoin (created by the NSA) will be introduced as the new world currency .

So I would buy physical gold and silver, canned food etc

>>16450201
it's like sure you get 100k assured
but they'll do it by printing billions so your 100k will still be the same number but it'll cost more to buy a loaf of bread

>>16450201
It's a guarantee by the state. EU is pushing through European deposit insurance scheme which would enable Eurozone wide coverage in case one of the banks went under, which means that the bank will be bailed out by all Eurozone governments. Which Germany is rejecting. If only one bank goes under then yes, you will get it. If a million or more Germans want to get 100k from the collapsed DB then congratulations, you got fucked by DB and German government both in the ass. No government is able to repay such liabilities, none.

>>16450259
Gold comrade, gold

Maybe you space heads need to research Greece bail in in 08! People lost everything even with retirement safe funds ) the joker is Nixon if you think about it, he took the usd off the gold standard.

>>16454310
Guy on the very right in the pic was my spanish teacher at a high school in florida, he revealed to us he was part of a illuminati sect, at the time I hadn't realized all the bullshit they are into.
That's him lmao.

>>16454395
That's what they get for storing funds in offshore accounts!!!

>>16453693
and you jokesters told me fiat has no intrinsic value

>>16454412
And no he hadn't aged.

If it's in the banks accounts aka servers and records, it is their money, sorry to say but physical that you hold is the only thing you can have certainty over and that has it's own risks involved depending how much you hold.

Wish there was a better way, but the laws are already on the books for bail-ins. Your money will be in their ledgers, but you will not have access to it when you need it the most, at best you will have the privilege to withdraw 50 or 100 euros a day after waiting in the line for many hours to just get that money.

getting interest on savings deposits means you accept the risk of losing it just like anything else, if you're holding that money in DB right now you're mad

>>16454668
https://en.wikipedia.org/wiki/Deposit_insurance#By_country

see Germany

>>16450201
Yeah sure, it just wont be worth anything by that time.

>>16450201
You will most likely get it back.
But it may not be in the quantity or timeframe you agree with.
> withdrawal limits
> legal delays
> bank holidays
> regulatory audits
> submit paperwork

>>16454974
LMFAO

>>16454300
Wait, why is Germany rejecting that when they have one of the highest risk banks in the EU?
Shouldn't they love everyone paying along if their bank fails?

>>16455046
Ruh roh

>>16455052
Germany is the lynchpin to the Eurozone. Almost every other country in the EU is an economic clusterfuck by comparison. What happens if people lose faith in the Germans?

>>16455573
Europeans never had faith in Germany and never will.

>>16455598
Pretty sure it’s widely accepted that they’re cheap, arrogant, tight-fisted motherfuckers. From a macroeconomic standpoint they’re the ideal stewards of the EUs finances, at least comparatively speaking. Imagine now that they start spending money like Italy or Spain does