/biz/ - Business & Finance

>>17792128
I was going to call you a retard, but I forgot that lost people have no idea what repo is, and you got it much less wrong than most people.

But the fact that you know a little bit has made you too overconfident to admit you don’t know what you’re talking about.

The government doesn’t just give them money, it buys US treasuries from them, and later sells them back to the banks for a small profit. This isn’t nearly as crazy as you’re making it sound.

However it is something worth paying attention to. I’m beginning to believe some of the rumors that perhaps DeutcheBank is insolvent and on the verge of collapse. This would not be good for anyone, unless you like chaos and people losing jobs and suffering and such. But it may be inevitable.

>>17792128
>people exit fiat to buy stocks
>fiat crashes because of printing
where's the problem?

>>17792275
> DeutcheBank is insolvent and on the verge of collapse
can someone redpill on what will happen if true?

>>17792128
It's just delaying the inevitable. But yeah, it's like Warren Buffet says, it's a game the elite simply can't lose, it's the population that loses.

>>17792300
It's gonna be catastrophic. Not gonna make any predictions to not cause doom and gloom, but it's gonna be ugly, expect a domino effect.

>>17792300
A chunk of boomers will kill themselves, the end.

>>17792275
Isn't a treasurie just a piece of paper? Are we seriously using tax payer money to buy a random napkin from a bank that says, "Lulz I promise to buy this napkin back XD" What if the bank goes under?

>>17792275
>unless you like chaos and people losing jobs and suffering and such

>>17792312
will we recover?

>>17792333
based and checked
repos aren't printing money...until the bank can't buy back the napkin and the central bank ends up monetizing the debt

>>17792275

>But the fact that you know a little bit has made you too overconfident to admit you don’t know what you’re talking about.

I don't know what I am talking about.
Checkmate.

>This would not be good for anyone, unless you like chaos and people losing jobs and suffering and such.

Not a German, but....
>pic related

>>17792301
I saw Jews on social media and TV saying (to Trump supporters that) it is a good time to buy.
But yeah, it's because people like Warren Buffet they hold enough capital to throw their weight around and influence the market/government.

>>17792275
>DeutcheBank is insolvent and on the verge of collapse.
Finanzminister confirmed unlimited bailouts for every German company
>BRRRRRRT

>>17792333
>>17792366
Singles checking dubs checking trips

No. A treasury is US government bond. If the US can’t afford to pay its debts, then the US will lose all the money it lent... to the US.

It’s just collateral for the loan, it’s not that important and I won’t pretend I understand it completely. But it’s not a napkin that goes poof.

I think you’re referring to CORPORATE bonds, which can go poof if the corporation goes completely bust. Whatever assets they have are liquidated and given to the corporate bond holders. If it’s enough to cover the debt, the rest is given to the stock holders, but I’m not sure if that ever happens in a bankruptcy.

Interestingly enough, one type of actual QE would be for the central bank to buy corporate bonds, which is basically a direct long-term loan to the company to keep it afloat, and could end up worthless. The ECB has discussed doing this.

Can you see how that would be different from the current type of “pseudo” QE I’ve described?

>>17792434
That’s just a guess, it could be a different bank, or something else could be going wrong. I haven’t really dug into it since December.
>>17792380
Funny that you say that jews day it’s a good time to buy stocks, the tv jew I “trust” most, because he’s been sounding the alarm over the coronavirus crisis and also told everyone to get the fuck out of stocks in 2007, has been saying NOT to buy stocks yet. Or at least, to buy them slowly, on the way down, and only on red days like yesterday.

I bought stock yesterday. I sold some today.

>>17792512
>Or at least, to buy them slowly, on the way down, and only on red days like yesterday.
This

>>17792434
Wait is this something that actually happened or what?
I slept through the day and am behind on the news.

>>17792648
https://www.spiegel.de/wirtschaft/soziales/coronavirus-bundesregierung-sagt-kredite-ohne-begrenzung-zu-a-395964c2-afe2-4dfe-a3a2-7a9c313954fd?sara_ecid=soci_upd_wbMbjhOSvViISjc8RPU89NcCvtlFcJ

>"Wir ergreifen alle notwendigen Maßnahmen, um Beschäftigte und Unternehmen zu schützen"
>we will protect jobs and businesses by all means
>"Es gibt keine Grenze nach oben bei der Kreditsumme, die die KfW vergeben kann"
>there is no limit to the ammount of credit the creditbank of reconstruction can lend