Thursday, February 4, 2016

Deutsche Bank Derivative Exposure = 5 x Eurozone GDP

ZeroHedge (Feb 3, 2016) - Time to panic about Deutsche Bank?

The exposure of Deutsche Bank to its derivatives portfolio is a stunning EUR 64 Trillion, which is 16 times the GDP of Germany and roughly 5 times the GDP of the entire Eurozone! And to put things in perspective, the TOTAL government debt of the US government is 1/3rd of Deutsche Bank’s exposure - impossible for any government to bail out Deutsche Bank should things go terribly wrong.