Holy shit. The green bar above is the entire GDP of Germany. The blue is the entire GDP of the Eurozone. The red is Deutsche Bank’s current derivative exposure. Isn’t that nice?
Let’s put this in perspective. Germany is considered, probably correctly, Europe’s strongest economy. Deutsche Bank is the largest bank in Europe, and the argument could be made that it’s the largest bank in the world, since it has more derivative exposure than even America’s most exposed bank, JP Morgan. Europe’s economy is problematic to say the last, and Deutsche Bank keeps dumping stock to keep up with everything.