DB and Central Banks: Buyers of Last Resort
by Sparky1 It is my understanding that Deutsche Bank (DB) is too important a globally interconnected bank that poses such an acute systemic risk that TPTB will not let it fail. I am not a financial expert, but my “un-educated” guess is that the central banks (CBs), now as the Buyers-of-Last-Resort, will somehow buy/subsume those … Read more