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DEUTSCHE BANK TO COLLAPSE? - Global Banking Crisis CONTINUES To Spread! - Only The Beginning!
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Josh Sigurdson reports on the very real potential that Deutsche Bank will collapse as it has been doing slowly since 2007.
We've been reporting on Deutsche Bank for nearly 10 years and warned of the contagion risk as the embattled German bank faced attempted mergers with Commerzbank and saw massive lawsuits that essentially guaranteed its end.
Now, stocks are collapsing after the Credit Suisse and Silicon Valley Bank debacle and interestingly enough, Jim Cramer has told people that Deutsche Bank is a good investment which essentially ensures its demise.
Ironically, UBS which just purchased Credit Suisse is in the same boat as Deutsche Bank.
These banks are totally insolvent if you study their cash to deposit ratios as well as their Credit Default Swaps and derivative exposures. It's only a question of when and that "when" appears to be on our doorstep.
This is the crisis necessary for the establishment to force us into a new world reserve currency system under the guise of an "emergency." This new system will be cashless. It was their plan all along.
Stay tuned for more from WAM!
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World Alternative Media
|Category||News & Politics|
|Sensitivity||Normal - Content that is suitable for ages 16 and over|
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