Deutsche Bank is now been classified as a problem bank by FDIC and has been included in a list of banks to be watched. This is the biggest bank in Europe. It cannot be merged within Germany with Commerzbank for there is just not enough equity to overcome the derivative losses. The only other candidate is BNP, but that is a French bank. This is where the fairytale ……………………..
Deutsche Bank Formally Classified as a Problem Bank
Der vorherrschende Glaube an ‚soziale Gerechtigkeit‘ ist gegenwärtig wahrscheinlich die schwerste Bedrohung der meisten anderen Werte einer freien Zivilisation.
— Friedrich A. von Hayek