Military Review

The Germans found the hand of Americans in their pockets and now suspect a senior partner in waging an economic war.

On Tuesday, chairman of the Bundestag Committee on Economics and Energy, Peter Ramsauer, commenting on the Die Welt publication about the tension in relations between the United States and Germany, said: We are currently seeing extortionate claims for damages in the case of Deutsche Bank. ”

Ramsauer is an experienced politician. Earlier in the government of Chancellor Angela Merkel, he served as Minister of Transport, Construction and Urban Development of Germany. The more important is his assessment that the conflict that has arisen is from the United States an “economic war” against the Federal Republic of Germany. Ramsauer seriously fears further escalation of events.

Small revenge with great consequences

Not only Peter Ramsauer was worried. In the same Die Welt, a member of the European Parliament from the CSU party, Markus Ferber, accused the US Department of Justice that his attack on the largest German bank was an incorrect answer to the decision of the European Commission regarding the largest American corporation Apple.

The Europeans caught the computer giant on tax evasion and in August, filed a lawsuit against 14 billion dollars. A month later, the US Treasury filed claims against Deutsche Bank AG for exactly 14 billion dollars. The US government has long accused the German bank of manipulating the prices of mortgage securities in the pre-crisis period (up to 2008 of the year). Negotiations on damages have been going on for a long time. In the end, the size of the fine was higher than expected. This gave Marcus Ferbery grounds to state: “The amount of punishment in respect of a German bank looks like an eye for an eye on the part of the US authorities.”

German politicians remembered to the occasion history with the car concern Volkswagen. Last fall, the United States government accused Volkswagen of violating US environmental protection laws, and at the beginning of the year filed a formal claim for damages. Their claims to the United States are estimated at 18 billion US dollars.

It was rumored that the amount of the claim could increase to tens of billions. After all, Volkswagen was convicted of a serious breach - hiding data on the actual volume of exhaust gases produced by cars with diesel engines. The leaders of the automaker apologized to the Americans and offered several options for resolving the conflict.

The government of the United States did not accept Volkswagen. However, the Americans did not force the events. Experts agreed that the scandal, which in the press was called “dieselgate”, the Americans will try to use to promote their project - the creation of a Transatlantic Trade and Investment Partnership (TTIP) zone between the US and the EU countries.

The American project alerted European politicians. Under the terms of TTIP, the European Union had to open the market for goods from the USA - even those that do not comply with EU legislation. The consent of the Germans to these conditions was, if not key, then very weighty. However, it did not work out.

28 August, the Associated Press issued a statement by the Minister of Economy and Energy, Vice-Chancellor of Germany, Sigmar Gabriel, that "the TTIP negotiations de facto failed." As Gabriel noted, no one acknowledges the failure of the talks, but “for the 14 rounds of negotiations, the parties could not reach agreement on any of the 27 chapters discussed.”

As you can see, the irritation of the Americans caused not only a fine on Apple. The Barack Obama administration was unable to put a beautiful point in its history (in the form of an agreement on the Transatlantic Trade and Investment Partnership) and brought down anger on the heads of Europeans. The answer was “predatory” claims against Deutsche Bank AG, which could lead to the bankruptcy of the German bank - the largest financial conglomerate on the continent.

Cash instead of bank deposits

In a German bank, things are really going badly. He never recovered from the 2008 crisis of the year. At the end of June, the International Monetary Fund (IMF) called Deutsche Bank "the most serious source of risk for the global financial system among all the global systemically important banks." The IMF explained its assessment in the following way: “Deutsche Bank is closely connected with other publicly-traded banks and insurance companies in Germany and, thus, can become a source of their financial contamination ..., and the situation in the German banking system can worsen with certainty a chain reaction and banking crisis in the world. "

About trouble in the Deutsche Bank has long been known. Back in 2012, there was information that the bank concealed losses on 12 billion euros from operations with derivatives (secondary securities on already functioning financial assets). Later, in 2013, Deutsche Bank recognized that it needed additional capital for normal financial sustainability. Then for the first time they started talking about his bankruptcy, but the situation was saved by the issue of shares for 3 billion euros for shareholders of the bank.

In subsequent years, the bank undertook large-scale restructuring, reduced staff, reorganized the financial operations themselves. It did not bring much sense. Bank profit declined by two thirds. Capitalization fell sharply anyway.

Currently, net worth is estimated at just 60 billion euros, with a nominal amount of derivatives in it - 72,8 trillion. American dollars. This is 20 times Germany’s GDP in 2015. According to Berenberg Bank analyst James Chappell, Deutsche Bank's debt burden (debt to equity ratio) is now 40: 1. It is clear that it is no longer possible for one shareholder to pull the bank out of the load of such problems. Need government help.

This is exactly the problem. German Chancellor Angela Merkel is categorically against raising budget money to replenish bank capital. This summer, she did not support the request of Italian Prime Minister Matteo Renzi to suspend EU rules on saving banks for the recapitalization of Italian credit organizations.

The board of the European Central Bank agreed with Merkel. Now the Bundeskanzlerin has become a hostage to its former position and is already forced to respond just as hard to the request of the largest German bank that directly affects the welfare of the German economy.

Difficult situation today, not only at Deutsche Bank. Many European banks faced difficulties in placing liquid funds. This forced credit institutions to introduce negative deposit rates. Essentially, banks began to take money from customers for the safety of their funds. As it is doing now, for example, Raiffeisenbank Gmund. Since September, he began to charge clients 0,4% on deposits in excess of 100 thousand euros.

In the new conditions the Germans moved to the storage of money at home. This is confirmed by the manufacturers of safes. They recorded an increase in demand for their products. She said a weighty word and German statistics. Experts point out that today, about 80% of retail transactions in Germany are made using cash.

Meanwhile, the incomes of not all burghers are placed in safes. The most enterprising Germans have already found the sources for increasing their money. They became foreign banks - first of all, American ones. And this is another reason for the attack by the US government on the largest German bank.

He is trying to resist. In late September, Deutsche Bank agreed to sell its insurance business in the UK to the Phoenix Group Holdings group. This was reported by the newspaper of American business circles Wall Street Journal. The deal is valued at 1,2 billion dollars. Naturally, it will not solve all the problems of the German bank, but it determines its possible way out of an acute crisis. After all, the proceeds from the sale of this insurance business at once will increase the capital adequacy ratio of the first level on 10 basis points.

Statement on the deal in the UK for some time supported the stock quotes of Deutsche Bank. However, many financiers are sure: without the help of the authorities of the European Union and Germany, the bank is unlikely to get out of the pit into which it was pushed by the Americans - friends, partners and allies of Germany. And, perhaps, already opponents, since the actions of the United States are already directly called by the German politicians an “economic war”? The answer to this will show further developments. Peter Ramsauer, as we remember, fears their further escalation ...

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  1. izya top
    izya top 6 October 2016 06: 20
    and did the Yankees show the Fritz their gold? Or did they say it is, but we won’t show it to you?
    1. bocsman
      bocsman 6 October 2016 07: 06
      All in good, all in good. I think it's time for Germany and its people to think about their future. Continue to collaborate with scum, burglars and blackmailers from across the ocean, or seek closer friends.
      1. Andrey Yuryevich
        Andrey Yuryevich 6 October 2016 07: 30
        The Germans found in their pocket the hand of the Americans
        [quote] [/ quote] -they haven't checked it "from behind" yet ...
        1. captain
          captain 6 October 2016 09: 02
          In the Middle East they say: "It is dangerous to be America’s enemy, but doubly dangerous to be her friend." Arabs are not fools, their proverbs are very relevant in our time.
      2. Samaritan
        Samaritan 6 October 2016 13: 14
        And at the same time:
        German authorities are discussing the possibility of imposing new sanctions against Russia because of the situation in Syria. According to The Wall Street Journal, the government of Angela Merkel is working on measures that would force Moscow to “change course” in the Arab Republic. As stated in an interview with ZDF, the representative of the German government for relations with Russia, Gernot Erler, there are already thoughts on this topic.

        As communicated with the United States, it will be so until the Western world pattern collapses !!!
      3. Mikhail3
        Mikhail3 6 October 2016 13: 17
        The funny thing is, we could have saved the bank instantly, even without any money problems. We announce that it is becoming the main operational center for work, for example, with "Nord Stream 2" and Gazprom is allocating 5-6 billions there "for the operational needs of the project." And that's all.
        Friends do not need to have. Friends must be friends ...
    2. Alexander Romanov
      Alexander Romanov 6 October 2016 07: 13
      Quote: izya top
      and the Yankees to the Fritz even showed their gold?

      Yes showed. They opened the seif, offered to look and closed again. We looked at the gold and that's enough.
      1. Boa kaa
        Boa kaa 7 October 2016 20: 10
        Quote: Alexander Romanov
        We looked at the gold and that's enough.

        Not the fact that they looked at gold, and not at the gold-plated tungsten ingots, as it was with the Chinese. Yes
    3. GSH-18
      GSH-18 6 October 2016 12: 38
      Quote: iza top
      and did the Yankees show the Fritz their gold? Or did they say it is, but we won’t show it to you?

      Everything is standard and long worked lol
      So the Germans swam.
    4. 933454818
      933454818 6 October 2016 18: 56
      This is exactly how the Yankees answered the Germans, "We have your gold, but we will not show it to you, because it is a secret." And the Americans regularly publish data on the movement of gold bars - they publish the numbers of bars. So the data on the movement was never published. and about the storage of numbers that were on German ingots ... Then what you want, then think ...
    5. Signore Tomato
      Signore Tomato 8 October 2016 19: 14
      Quote: iza top
      and did the Yankees show the Fritz their gold? Or did they say it is, but we won’t show it to you?

      They only give it a sniff ... One bar. The rest, they say, are VERY SECRET PROTECTED PLACES - EVEN YOU CAN'T GO THERE IN YOURSELF laughing
  2. Poronay
    Poronay 6 October 2016 06: 23
    Tired of repeating - the mattresses have no friends and never had !!!!!! In a word - RATS !!!!!!!!!! But this is only about political and monetary elites, but the people in America are indifferent to everything that happens, each for himself, if only they would not be deprived of cola and burgers, and the rest, the grass does not grow !!!!!!!!!!! !!!
    1. midivan
      midivan 6 October 2016 06: 55
      Quote: DROP
      Tired of repeating - the mattresses have no friends and never had !!!!!

      There are no friends in politics, there are state interests wink
      Quote: DROP
      but the people in America are indifferent to everything that happens, each for himself

      Are you in general? Or do you think that Americans should tear cowboys for the Germans? I wouldn’t have to put off the burger aside for such a thing Yes Merkel, they can handle it.
      1. Vasiliev Yu
        Vasiliev Yu 6 October 2016 11: 39
        What Merkel likes, she does not throw grandma's banks into this bottomless and insatiable black hole. Do you have a bank, survive (this is your job spinning with money entrusted to you) yourself, and not at the expense of taxpayers. Only we, do you have a bank? Here you still have budget grandmothers for free and for colossal amounts.
  3. Vladimirets
    Vladimirets 6 October 2016 06: 31
    "Under the new conditions, the Germans switched to keeping money at home. This is confirmed by the manufacturers of safes. They have recorded an increase in demand for their products."

    I think the increased demand for safes is a consequence of the influx of "new Germans" from warm countries. what
  4. 34 region
    34 region 6 October 2016 06: 55
    With a loan ratio of 40 to one, where will the Germans get that much money? Probably krants come to a German bank. Well, maybe the Americans will give him a loan for support (like a drowning weight), they can buy it (ready-made infrastructure).
    1. Heinrich ruppert
      Heinrich ruppert 6 October 2016 11: 58
      Quote: Region 34
      With a loan ratio of 40 to one, where will the Germans get that much money?

      COSB trichaneut, write off for the feeding expenses

      Quote: Region 34
      Probably krants come to a German bank.

      Yeah, the jar that holds this * obshchak *, nothing to be upset. * Pahans * (financial bigwigs) reliably cover these funds.

      Quote: Region 34
      Well, maybe the Americans will give him a loan for support (like a drowning weight), they can buy it (ready-made infrastructure).

      It makes no sense, this is a completely different * common fund *, it was a certain group of amers who tried and is trying to launch a paw there. But this is unlikely. Americans are not omnipotent as they try to present here.
  5. volodya
    volodya 6 October 2016 07: 07
    The USA has no friends, and it cannot be! They are the navel of the earth! Should they make friends, especially since all people are second-class?
    1. Alexander Romanov
      Alexander Romanov 6 October 2016 07: 14
      Quote: volodya
      They are the navel of the earth!

      Cancer tumor
  6. Azim77
    Azim77 6 October 2016 07: 19
    In such a situation, it would be nice to help with a couple of billions of dollars in debt and thus make the burghers a little "closer to themselves" in solving global problems.
  7. Taygerus
    Taygerus 6 October 2016 07: 19
    Yankers are pushing their economies to the European market with all their might, and of course they need to remove strong players or go bankrupt and buy for nothing, why should Germany be surprised at this occupied country, their gold has long been lowered by staff to their goals, so let them enjoy democracy and tolerance , and in protest let them arrange a flash mob, they are no longer capable of more
  8. Ustrushan
    Ustrushan 6 October 2016 07: 24
    The US has a good policy: By imposing fines on European organizations (banks, corporations), you can push your interests in promoting the conclusion of the Transatlantic Trade and Investment Partnership; a blow to the stability of the EU - the withdrawal of investors into the economy and investors in the euro, in the USA. Moreover, a weakened partner is always easier to make any deals in all areas. In a word, "nothing personal, just business."
    For the United States, with its astronomical debts and unsecured paperwork, surviving as a world power can only be controlled by everyone. The task is extremely difficult. And if the United States does not cope with this, they will begin to collapse and then the question will arise: will there be nuclear "supplies" and other delights? The world is on the verge of a new era and its birth will be in pain and blood.
  9. The comment was deleted.
  10. Volzhanin
    Volzhanin 6 October 2016 07: 36
    The Germans are the main descendants of the 20-21 centuries. laughing
  11. Nova3054
    Nova3054 6 October 2016 07: 37
    The policy of Barack (Mortal Kombat traid mark) Obama, reduces the number of American partners, with a tremendous progression, even German vassals began to resent.
    If Mrs. Clinton continues in the same vein, I suppose she could be told Thank you, without spitting in the face, this time.
  12. Nova3054
    Nova3054 6 October 2016 07: 38
    Our Eagle can be put behind the American and draw him an even more pleased expression :))
    1. izya top
      izya top 6 October 2016 08: 11
      Quote: Nova3054
      Our Eagle can be put behind the American and draw him an even more pleased expression :))

    2. saturn.mmm
      saturn.mmm 6 October 2016 10: 46
      Quote: Nova3054
      Our Eagle can be put behind the American and draw him an even more pleased expression :))

      "Even happier facial expressions" since there are two of them.
  13. Masya masya
    Masya masya 6 October 2016 07: 40
    They found a hand in their pocket and just suspect ... What do they need to find in their pocket so that suspicion grows into confidence?
    1. Nova3054
      Nova3054 6 October 2016 07: 43
      Report from our FSB with evidence)
  14. baudolino
    baudolino 6 October 2016 07: 41
    The Germans pretend that they are not occupied by the United States so far.
  15. rotmistr60
    rotmistr60 6 October 2016 07: 44
    the conflict is the US "economic war" against Germany

    It is strange that only now they began to understand this. And if the USA had not imposed a "tribute" on the German bank, would the Germans be happy and continued to believe in their overseas "friend and partner"?
  16. Neputin
    Neputin 6 October 2016 07: 53
    The Germans found the hand of the Americans in their pocket. It's funny. The pocket is now empty, all the gold and foreign exchange reserves of Germany have long been dissolved in Fort Knox. So what is the American hand doing there. Very simple. She squeezes Germany by the "balls" so that she does not resist being led somewhere. It's time for the Germans to get used to the state of the US colony. They thought they were in charge of the EU. It was a mistake. There are no main ones, only the colonies and semi-colonies of America, which uses them when necessary (for military, political and other purposes), and then throws them away as a contraceptive. Some understanding began to come to some Germans, but this former great country and its people are still very far away for a full realization of the entire abyss of their fall.
  17. Leonid Har
    Leonid Har 6 October 2016 08: 07
    Bourgeois also sometimes bite each other.
  18. afrikanez
    afrikanez 6 October 2016 08: 07
    "Lovely" scold, only amuse themselves! Whether we should discuss their financial showdowns, we need them. negative
  19. 1536
    1536 6 October 2016 08: 13
    If you need to strangle the Germans and the Americans do it, I am on the side of the Americans. Europe cannot be allowed to organize a new hotbed of Nazism and fascism. And Germany again plunged into this pile of shit, as usual, thinking that without the Russian troops the Germans were kings again. They crave revenge. And everything - from small to large. Such a people.
    Another thing is that the Americans use and will use the Germans against our country. So far, only Germany imposes sanctions on us, then there may be direct military aggression, sending German terrorists, spies (en masse), saboteurs, including economically criminal, to Russia, subsidizing them and selecting them from the local criminal element. All this, alas, may be.
    This is the price of "new thinking" and a consequence of "perestroika". And if any Katz today thinks that it is possible to repeat that deception of the late 1989-90s, then let him think. Maybe he is not deceived? Maybe it will pass again, ride, as they say?
  20. izya top
    izya top 6 October 2016 08: 16
    oh how belay give them a no-fly zone
    Moscow. October 6th. INTERFAX.RU - On Thursday, the European Parliament will vote on a draft resolution on the situation in Syria, which proposes to establish a no-fly zone over the city and threaten Russia with new international sanctions to end the humanitarian catastrophe in Syrian Aleppo.

    The resolution was initiated by the Alliance of Liberals and Democrats (ALDE), which was supported by almost all political groups of the EP.
    “The situation in Aleppo demonstrates that diplomacy has failed, and the international community does not have enough tools to ensure compliance with existing agreements,” say the authors of the project, who held its discussion at the session on Wednesday.
    “Since a year ago (Russian President Vladimir) Putin began a military operation in Syria, Aleppo has turned into an earthly hell,” said Guy Verhofstadt, leader of the ALDE group.

    He called on the EU to rethink the strategy and, together with its American partners, agree on a common initiative on Syria: the US and the EU "should seize the initiative and first hold (Syrian President Bashar) Assad and Russia accountable for violations of UN Security Council resolutions, in particular resolution 2254."
    According to the speaker, three important steps are needed: to establish a no-fly zone over Aleppo in order to provide humanitarian assistance and the evacuation of the wounded; to prepare, together with the United States, a plan of mounting sanctions against Russia; accelerate the formation of the European Defense Community to ensure international law in the regions adjacent to the EU.
  21. SergeySeverny
    SergeySeverny 6 October 2016 08: 24
    US robbed and will rob Germany until Germany reaches full sovereignty, a country of professional robbers
  22. Gormenghast
    Gormenghast 6 October 2016 08: 44
    The more enemies bite, the better for us.

    It would be nice to recall a relatively recent story with allegedly secured gold (as it turned out - paper gold laughing ) securities. Gold was to be issued by Deutsche Bank at the first request of the certificate holder.

    He refused. am

    From that moment it became clear:
    1. Deutsche Bank - bankrupt.
    2. There is no gold. "Gold certificates"have a cost equal to used toilet paper.
    3. The burghers and the sodomites that joined them are full fools who believe in paper.

    4. In the US, there is no gold either. Coverage of certificates with monetary physical gold 100: 1. The real value of gold is 100 times higher than the one at which it is nominated - subject to the presentation of highly reliable laughing securities to physical payment.

    5. A state without gold is, by definition, not a superpower. And even a regional power. laughing This is just the territory where potential slaves of China, Russia and some other sovereign countries live.
  23. Denchik
    Denchik 6 October 2016 09: 31
    Sometimes an opinion is created that Angela Merkel secretly in love with a nurse
  24. Ferdinant
    Ferdinant 6 October 2016 09: 36
    The guys woke up.
  25. guzik007
    guzik007 6 October 2016 10: 05
    Kukushatam in one nest is becoming more and more crowded.
  26. uskrabut
    uskrabut 6 October 2016 10: 51
    "For 14 rounds of negotiations, the parties could not agree on any of the 27 chapters discussed"

    This is what it is on ...... in spelled out !!! belay

    "Under the new conditions, the Germans switched to keeping money at home"
    "Experts note: today about 80% of retail transactions in Germany are carried out using cash."

    And this is "Hello, 18th century!" in finance. Where is Europe heading! And all the cooperation, yes interaction with the exceptional. Only the smart one wins from friendship with the cunning!
    1. Heinrich ruppert
      Heinrich ruppert 6 October 2016 12: 25
      Quote: uskrabut
      And this is "Hello, 18th century!" in finance. Where is Europe heading! And all the cooperation, yes interaction with the exceptional. Only the smart one wins from friendship with the cunning!

      This is not true. It's just the opposite, about 20% go in cash. The rest through count. So in Germany, toilet paper should be at least 3 layers.
      1st layer for tax
      2nd layer for home archive
      3rd by appointment (if you want comfort, you need to buy 4-layer.)
  27. vlad7777kul
    vlad7777kul 6 October 2016 12: 13
    Fritz as naive children or Ukrainians believe in the cleanliness of the Americans.
  28. Lelek
    Lelek 6 October 2016 12: 39
    (However, many financiers are sure that without the help of the authorities of the European Union and Germany, the bank is unlikely to get out of the hole into which the Americans, friends, partners and allies of Germany, pushed it.)

    And this is against the background of the ever-increasing "irrecoverable" costs of maintaining millions of dear to the heart of the Frau Chancellor of migrants. And the authorities of individual EU countries are more and more intent to show a fig to support the spending of the "EU leader". The Brita faded in O-time, having understood what the "process is going on".
  29. Ferdinant
    Ferdinant 6 October 2016 15: 29
    East Germans were heavily robbed during the reunification of Germany, they may recall how property was then taken away for a penny
  30. OLD FART
    OLD FART 6 October 2016 19: 54
    Germany will soon regret that she again opposed Russia ... And most importantly, like an ordinary mongrel! Eh Germans, history has not taught you anything ... (Russia is almost us too, but we are learning)
  31. PPD
    PPD 6 October 2016 22: 44
    I read the headline, I remembered the joke, the tram, the man that makes your hand in my pocket is looking for matches. Could ask. I was shy. The Germans suspect ...... detectives ..