In 2006/7 most if not all banks went broke, politicians rescued the banks with tax payers money and when that ran out they just printed more (fake money). That was supposed to have been a one off! IE., raiding ordinary peoples money in order to rescue the banks. Regulations have not altered significantly and are much the same today as then for fractional reserve banking, gambling on derivatives etc. This [This comment/section/image has been removed for breaching our Community Guidelines/Terms and conditions] behaviour backed by politicians IE., they are in league with each other and effectively screwing Joe public. Deutsche Bank is a classic example of this behaviour and now has only 1.8% of assets to meet its liabilities and if you then add in their derivatives it is only 0.1% so they are effectively broke. Most other banks may well be in a similar but perhaps not quite as bad position. What can be done? Under new 'bail in' legislation they can take your money (savings) and issue shares or bonds!!!!! My best guess would be to hide your money. I wonder if the German politicians will step in?