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cognitive dissonance

Us And Germany Playing Financial Game Of Chicken?

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VW gets fined massive amount for dieselgate

Apple gets fined massive amount which EU reps admit was political

US tries to fine Deutsche Bank $14billion for 'mortgage related misdoings' back in 2007/08, DB says on yer bike, stock crashes 7%, taking Dax with it :blink:

Interesting times?

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Was wondering where the Deutsche Bank thread was. Wonder what 14 billion will do to Deutsche Bank, the alternative would be not to operate in the US, which would be pretty devastating.

If the US and Germany/EU get into a tit for tat trade/economic war, the only winner for me will be the US.

Having said that I can see why VW and Deutsche bank would be hacked off St their treatment.

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Was wondering where the Deutsche Bank thread was. Wonder what 14 billion will do to Deutsche Bank, the alternative would be not to operate in the US, which would be pretty devastating.

If the US and Germany/EU get into a tit for tat trade/economic war, the only winner for me will be the US.

Having said that I can see why VW and Deutsche bank would be hacked off St their treatment.

Looks like being out of the EU could be a good move...

Edited by renting til I die

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The EU should tell the US to sod off and form a currency/trade alliance with Russia, China, Eurasia and anyone else available. Drop most use of the dollar. That would pull the rug out from under the Americans quite quickly.

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The EU should tell the US to sod off and form a currency/trade alliance with Russia, China, Eurasia and anyone else available. Drop most use of the dollar. That would pull the rug out from under the Americans quite quickly.

You Sir speak from my heart. If you were a woman I'd marry you.

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The EU should tell the US to sod off and form a currency/trade alliance with Russia, China, Eurasia and anyone else available. Drop most use of the dollar. That would pull the rug out from under the Americans quite quickly.

This may well be happening already. Will surface some day?

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The EU should tell the US to sod off and form a currency/trade alliance with Russia, China, Eurasia and anyone else available. Drop most use of the dollar. That would pull the rug out from under the Americans quite quickly.

as I've said before,that will get interesting when uncle sam pulls out all their bases and says to the EU "defend yourselves", we're not interested.

as the EU are so reliant on putin for oil and gas anyway, he'll smell blood.

I'm sure he'll initially give them quite a tempting deal,just before giving them one they cannot refuse...like pay up or I'll turn the taps off and/or invade,like he did with ukraine.

..oh and while your at it clear the debts of greece and cyprus,and we'll take their ports as our new deepwater facilities just so you get the message.

germany still has bad memories about just how brutal russian troops are.

Edited by oracle

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The US will never pull out their EU bases. They have a vested interest in keeping them to maintain influence in Europe and keep Putin in check

As for the brutality of Russian troops - all enemy troops are brutal if you're on the opposite side to them. That's what War is

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The Chinese are great at sabre rattling for dramatic effect but very rarely get involved in direct conflict, and certainly not outside of their local backyard. I think they are preparing for a big conflict with the west at some stage (it would be stupid not to) but I strongly doubt they would be the instigators.

They have shown it is far better to focus on trade and have been quietly signing up resource exploitation rights across the developing world for decades now in exchange for infrastructure investment

Compare and contrast that to the US where the default mode is to wield the big stick to further their interests - despite the massive trade advantage they have with the petrodollar and their tech companies.

Same goes for the UK on a much smaller scale. I mean wtf do we need two huge aircraft carriers for?

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The Chinese are great at sabre rattling for dramatic effect but very rarely get involved in direct conflict, and certainly not outside of their local backyard. I think they are preparing for a big conflict with the west at some stage (it would be stupid not to) but I strongly doubt they would be the instigators.

They have shown it is far better to focus on trade and have been quietly signing up resource exploitation rights across the developing world for decades now in exchange for infrastructure investment

Compare and contrast that to the US where the default mode is to wield the big stick to further their interests - despite the massive trade advantage they have with the petrodollar and their tech companies.

Same goes for the UK on a much smaller scale. I mean wtf do we need two huge aircraft carriers for?

As I seem to remember the U.S. became the dominant global power by arriving late at both of the 20th centuries world wars.

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as I've said before,that will get interesting when uncle sam pulls out all their bases and says to the EU "defend yourselves", we're not interested.

as the EU are so reliant on putin for oil and gas anyway, he'll smell blood.

I'm sure he'll initially give them quite a tempting deal,just before giving them one they cannot refuse...like pay up or I'll turn the taps off and/or invade,like he did with ukraine.

..oh and while your at it clear the debts of greece and cyprus,and we'll take their ports as our new deepwater facilities just so you get the message.

germany still has bad memories about just how brutal russian troops are.

US military bases in the EU are protection in the same way as Al Capone offered protection, as in racket.

Oh and if you still believe Russia started the Ukraine war, especially after seeing Nudleman ranting in public just before it kicked off, I have a bridge to sell you.

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I'm not sure they're going to survive tbh - could be the next domino to fall and kick off banking crisis v2.

They were looking very ropey even before this fine. This might just finish them off

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