Josh Sigurdson talks with author and economic analyst John Sneisen about the most recent move by Deutsche Bank as they desperately attempt to avoid collapse.
Like so many banks before them including several in Cyprus which no longer exist, Deutsche Bank is now creating a “bad bank.”
In order to overhaul their trading operations, they will create this “bad bank” as a means to hold tens of billions of Euros of non-core assets. This will also mean they will be shrinking or ending equity and rates trading operations outside of Europe.
The bank has steadily seen all time low share prices since 2008. They’ve been downgraded by the S&P, they’ve been acting on laying off one in ten workers, they’ve had to redo their living will test for the Federal Reserve, they’ve been caught in countless scandals and have also been caught spoofing gold and silver markets. Essentially the bank is on its last legs and they will be one of the world’s biggest dominoes to fall into the global collapse on our doorstep.
When Deutsche Bank goes, we can expect many banks to go and they are doing everything in their power to stay on their feet. But with a more than 40 trillion dollar derivatives exposure and a Germany GDP of 3.5 trillion dollars and shrinking, there is only one place Deutsche Bank can go… Down.
Stay tuned as we continue to cover this story!
DON’T MISS AnarchoVegas 2019!
Use promo code: WAM
Save 10% on your tickets! Get your early bird tickets now at:
https://www.AnarchoVegas.com
JOIN US on SubscribeStar here:
https://www.subscribestar.com/world-alternative-media
We will soon be doing subscriber only content!
Don’t forget to check out Mike Maloney’s GoldSilver at the following link:
https://goldsilver.com/?aff=WAM
Video edited by Josh Sigurdson
Featuring:
John Sneisen
Josh Sigurdson
Graphics by Bryan Foerster and Josh Sigurdson
Visit us at www.WorldAlternativeMedia.com
LIKE us on Facebook here:
https://www.facebook.com/LibertyShallPrevail/
Follow us on Twitter here:
https://twitter.com/WorldAltMedia
FIND US ON STEEMIT:
https://steemit.com/@joshsigurdson
BUY JOHN SNEISEN’S LATEST BOOK HERE:
Paperback
https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602
Kindle
https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1
DONATE HERE:
https://www.gofundme.com/w3e2es
Help keep independent media alive!
Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship!
https://www.patreon.com/user?u=2652072&ty=h&u=2652072
BITCOIN ADDRESS:
18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU
World Alternative Media
2019
“Find the truth, be the change!”
Related Post:
- Andrew Hoffman NOV 2018 Deutsche Bank Is On The Verge Of Collapse
- RED ALERT ? Deutsche Bank DOWN⚠️The German Economy on The Verge of Collapse
- Ripple XRP: Could The Collapse Of Deutsche Bank Accelerate A Crypto Spec Run AND Utility?
- ECONOMY COLLAPSE NEWS: Dollar Collapse, ⛑ 401K Massacre, Bank Runs, Bitcoin, Gold, Inflations
- Eskom on the verge of total collapse
- Lebanon On Verge Of Total Collapse
- Dam In Brazil On Verge Of IMMINENT Collapse! | In The End Times All DAM & WALL Will Collapse!
- The US Dollar Is On The Verge of Collapse… and What We Mean By Collapse with Ed Bugos
- Deutsche Bank Confirms HSBC Bank as Ripple Client! Mercury FX XRP Statement. r3 Announcement
- MASSIVE BANK RUN in CHINA: BANK On VERGE OF COLLAPSE
