Deutsche
Bank Meltdown $250 Trillion Debt -- Be Ready For Economic Collapse & Stock
Market Crash.
Rumors have it that Deutsche Bank
is the zombie bank causing the Fed's repo market crisis. If Deutsche Bank goes
down, it all goes down. It's like a house of cards. Because it is heavily
interlinked via derivatives with the big banks on Wall Street, including
JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, and Bank of America.
It has become a dark cloud on the horizon. In the same way, Citigroup cast a
negative pall in the early days of the financial crisis of 2008. Europe's
biggest investment bank, Deutsche Bank, is in deep trouble. If it becomes real,
it will be the end of the financial system as we know it. Deutsche Bank could
not fail without causing a domino effect and taking with it the whole system
with $250 Trillion Debt. Welcome to The Atlantis Report. Deutsche Bank is the
largest bank in Germany is, and in the E.U. Deutsche Bank was founded 149 years
ago in March 1870 in Germany, it operates in 58 countries and had 89,958
employees in Q3 2019. Deutsche Bank bank is the 17 largest bank in the world
with 1.5 Trillion in assets. Its stock has been nose-diving in recent years. It
laid off 20,000 employees. It appears that it is getting close to being a
zombie bank. The bank, however, has 45 trillion dollars in derivatives, and
these appear to be densely interconnected to U.S. banks. European banks and
financial institutions are quite fragile–given the trillions in non-performing
loans, negative rates, etc. Along with individual emerging market economies'
sovereign debt (and dollarized corporate debt) loads Argentina, Turkey, etc.
India's shadow banks leverage and NPLs, and China's debt, Europe banks may
prove the next locus of the global financial crisis on the agenda. That more
general financial fragility (and thus instability) would undoubtedly raise the
probability of Deutschebank repeating the role of Lehman in the next crisis. In
short, you can't evaluate Deutschebank just in relation to its (and its
counterparties) derivatives exposure. Contagion will not occur only within a
specific subset of the banking system; it will soon spread via expectations to
other sectors of the credit system (as it did in 2008), and that will quickly
feedback negatively on the Deutschebank-partners derivatives exposure
condition. The banking sector is having a rough time. According to the McKinsey
Report, One in Three Banks Threatened to Disappear in the Coming Months. There
have been a weakness signal months ago when Deutsche Bank has been reducing its
working force by 18,000 since July according to a CNN report. A series of
geopolitical risks from the erratic trade war between the U.S. and China; and
remaining ambiguity over Brexit. Tensions in Middle East Hong Kong, and now
recently, China have created an extraordinary situation that is not only very
difficult to predict. But also bears the risk of volatility in the financial
markets. And it's already evident that these uncertainties are beginning to
impact the world economy. After a decade of global growth, there are clear
signs of a slowdown in some major economies. The warning bells of a recession
are ringing and include Europe. Deutsche Bank is bankrupt; our system will
start to break under its own weight. Europe's biggest investment bank,
Deutschebank, is in big trouble. If it becomes real, it will be the end of the
financial system as we know it. Deutsche Bank could not fail without causing a
domino effect and taking with it the whole system. It's also a harbinger of a
bigger problem with European banks in general, which are loaded with trillions
of euros in non-performing bank loans. They haven't been able to shed since the
crisis of 2008 and subsequent eurozone double-dip recession of 2011. The
region's banks and insurers have lost dramatic amounts of ground, with only one
still ranking in the top 20 globally by market value compared with six before
the financial crisis. Deutsche Bank is to Germany is what Wells Fargo is to the
U.S. .it just does not stop at one scandal, there is another and another and
another. Today, Deutsche Bank was convicted of derivatives transactions in
Italy. An Italian court convicted 13 former bankers from Deutsche Bank, Nomura,
and Monte dei Paschi di Siena on Friday over derivative transactions that
prosecutors say helped MPS the world's oldest bank conceal huge losses. The
verdict also ordered the seizure of 64 million euros, about $70.5 million, from
Deutsche Bank and 88 million euros from Nomura as part of the sentence. Monte
Dei Paschi reached a settlement of 10.6 million euros with the court in 2016.
The case centers on two controversial derivatives deals, known as Alexandria
and Santorini, that Nomura and Deutsche Bank arranged for Monte Dei Paschi in
2009. Prosecutors said the deals helped Monte Dei Paschi, which was founded in
1472 and is Italy's fourth-biggest lender, hide more than 2 billion euros of
losses it racked up after the costly acquisition of a smaller rival in 2008.
Monte Dei Paschi's managers were accused of colluding with Deutsche Bank and
Nomura bankers to hide losses at the Italian lender by using complex derivatives
trades, dubbed Santorini, and Alexandria, that led to a misrepresentation of
its finances between 2008 and 2012. Deutsche bank should be allowed to
collapse; they're a failed venture, it's not in the capitalist system to save
failed businesses and the consequences for the common man from paying those
bailouts have been catastrophic. Welcome to The Atlantis Report. Europe's
biggest investment bank Deutsche Bank is technically bankrupt.And of course for
everyone who knows Deutsche bank is the bank for derivatives trading. We are
talking about derivatives contracts in the value range of quadrillions of
dollars — not millions, not billions, not trillions of quadrillions. And
derivatives contracts are at the very core outright gambling. Deutsche Bank is
in big trouble. If its bankruptcy becomes real, it will be the end of the
financial system as we know it. And as the big banks are highly leveraged, and
they are interdependent. If one major bank fails, a lot of others are going to
fall like dominoes. Deutsche Bank could not collapse without causing a domino
effect and taking with it the whole financial system. it's also a harbinger of
a bigger problem with European banks in general and the Italian bank in
particular, which are loaded with trillions of euros in non-performing bank
loans. They haven't been able to shed since the crisis of 2008 and subsequent
eurozone double-dip recession of 2011. The European banks and insurers have
lost dramatic amounts of ground, with only one still ranking in the top 20 globally
by market value .compared with six before the financial crisis. Deutsche Bank
president Carl von Rohr said before yesterday at Bloomberg's Future of Finance
conference in Frankfurt: while challenges abound from an erratic trade war to
Brexit to unrest in Hong Kong and Chile, they pale in comparison with the
headwinds for banks from low and negative rates he said. Germany should at
least sue the FED for its gold back, which she idiotically stored in the U.S.
has, so far, refused to return the gold, has even barred the Germans from
taking a look at it to make sure it's still there. It isn't. It's gone - and
your guess is a good as mine as to whose bankers it might have been squirreled
away. Global Investor Jim Rogers said about Deutsche Bank in a recent interview:
If you look at its balance sheet, you will see it has enormous, staggering
debts both on balance sheet and off-balance sheet, which means their debts that
they don't reveal directly. It probably will survive if it has support, but
otherwise, we all are going to have a massive problem in the next couple of
years. I've told you before: you should be anxious. In the western world, the
world is going to have a lot of problems in the next couple of years. Be
worried! Then the E.U. would disintegrate because Germany would no longer be
able to support it, would not want to support it. A lot of other people would
start bailing out; many banks in Europe have problems. And if Deutsche Bank has
to fail – that is the end of it. In 1931, when one of the largest banks in
Europe failed, it led to the Great Depression and, eventually, WWII. Be
worried! Germany has been rightly telling everybody not to bail out their
banks, but if they have to bail out their banks suddenly, then other countries
will be furious, and the politicians will have a field day. the banking sector
is having a rough time, according to the McKinsey report. One in three banks
threatened to disappear in the coming months. Conscious of the stakes, the
banks have already begun their process of rationalization, and the potion is
bitter. In 10 years 2008 to 2018, already 600,000 banking jobs have been lost
in eurozone alone. Deutsche Bank has announced this summer that it will cut
18,000 jobs worldwide by 2022 as part of a seven-point four billion restructuring
plan. It started with the bad loan problem of the public sector banks having a
spillover effect in terms of public perception on private sector banks.
However, the image of private banks among investors and the public took a real
hit. According to McKinsey, banking institutions have no choice but to refocus
their activity on specific trades just like Deutsche bank, which will close
down almost all of its equity-related activities. As the Fed was carrying out
hundreds of billions of dollars in emergency loan operations on Wall Street for
the second week in a row, the first such operations since the financial crisis.
Deutsche Bank's headquarters office in Frankfurt Germany was being raided by
police for the second time in less than a year. That's not the sort of thing
that inspires confidence among depositors to keep their money in any bank.
Deutsche Bank has been a constant headache for the U.S. financial system
because it is heavily intertwined via derivatives with the big banks on Wall
Street, including JP Morgan Citigroup Goldman Sachs Morgan Stanley and Bank of
America. It has become the dark cloud on the horizon in the same way Citigroup
cast a negative pall in the early days of the financial crisis of 2008. It's
not a good omen that Citigroup stock eventually went to 99 cents, and the bank
received the largest taxpayer and Federal Reserve bailout in U.S. history. The
Fed alone secretly pumped 2.5 trillion dollars in revolving loans into
Citigroup from December 2007 to the middle of 2010. The latest raids in
Deutsche Bank occurred on September 24th and 25th and was related to the 220
billion dollar money laundering probe of Danske Bank; Denmark's largest lender
. Deutsche Bank served as a correspondent bank to Danske Bank in Estonia
branch, where the laundering is alleged to have occurred.As the raid was
proceeding. Former Head of Danske Bank in Estonia Is Found Dead in Suicide .
The body of Aivar Rehe, who previously ran the Estonia business of Danske Bank
was discovered by police . Mr. Rehe's death is another twist in the
money-laundering scandal, which prompted a criminal investigation and forced
Danske Bank, Denmark's largest lender, to withdraw from Estonia and other
Baltic countries. In Estonian Ray a has been questioned by prosecutors and was considered
a key witness in the probe his death focused renewed attention on
money-laundering allegations that have tainted the previously upright image of
Scandinavian banking; led to official investigations in Sweden, Germany and the
United States; and even threatened the economies of the Baltic countries. his
death is being called an apparent suicide by European media. on the day the
police raid started at Deutsche Bank. the Federal Reserve Bank of New York
offered thirty billion dollars in 14-day emergency term loans, and had demand
for more than twice that amount .that led the New York Fed to increase its
subsequent 14-day term loans from 30 billion to 60 billion dollars. later in
the week, the feds overnight repo loans were offered every day last week were
also increased from 75 billion per day to 100 billion per day. Deutsche Bank
has been in slow-motion collapse as a result of its serial crime charges .while
international regulators have failed to address the fact that it's a
counterparty to 49 trillion dollars national face value in derivatives
according to its 2018 annual report, and thus presents systemic risk throughout
the global financial system. Its similarities to Citigroup in 2008 are
mind-numbing; given a decade of political talk about how risk has been reined
in on Wall Street . The Deutsche Bank's social media team has caused a Twitter
storm after moving to deny a story published by Zero Hedge that it was on the
verge of collapse. likening Deutsche Bank's travails to that of Lehman Brothers
before its collapse. The Zero Hedge stake presented the giant German Bank as a
zombie institution on the brink of catastrophic ruination that would bring down
the entire financial system. All the more remarkable then to see Deutsche Bank
social media team deigning to issue a rebuttal which served only to add a sheen
of legitimacy to the Zero Hedge article. Just like we witnessed with Lehman
Brothers, there's always an effort to maintain the charade until the very last
minute . This led to a collective outpouring from the libertarian Twitter
fringe. It is strange that a bank is out commenting on an article like that.
German financial services giant Deutsche Bank is one of the largest and most
important economic institutions in the world; mainly due to self-imposed
scandals. The bank is now having to take drastic measures to stay afloat.
Investors everywhere should note that if such a critical piece of the
too-big-to-fail banking system falters. It could trigger another global
economic collapse and stock market crash. More precisely, the financial system
has already collapsed years ago and has since been artificially kept running.
Of course, there will come the point when these artificial measures are
exhausted, and the financial system will finally shut down. Unfortunately, like
it or not, we're all its creditors, and so everyone's bank accounts are cleared
and closed overnight. All pensions, life insurances, social security payments,
and savings disappear when the markets collapse. Food doesn't get transported,
life changes: see the bad thing now. In short, greed has killed the west. We
are all now going to pay a hefty price. It probably won't affect the super-rich
as most have remote houses away for when civil disobedience begins on a level
unseen before. This is possible as the middle class is under distress, and once
the impoverished and middle class meet on the same pain; then this will be the
end of the system as we know it. Don't count on bailouts this time. Bail-ins
are possible, namely taking of depositors funds. The Current system
unsustainable .should Deutsche Bank collapse or not? In fact, the sooner this
happens, the better. Debts must be eliminated. With this mega collapse, the new
structure of world power will be introduced. Until recently, the U.S. had two
unique assets - U.S. Dollar and military. Both assets in tatters now. U.S.
dominance has gone forever. The U.S. as we knew it till recently gone too. What
the U.S. did under Obama was to use taxpayer dollars to bail out our banks.
After partying, and giving the CEOs substantial bonuses, they also gave large
donations to the DNC for Hillary's future coronation, and to continue Obama's
protection for both the institution as well as the bankers who are considered
too big to fail. If the countries in Europe think the US is their friend, they
are kidding themselves. Military expansionism by the U.S. and weakening
Europe's economy makes global hegemony so much easier. Obama gave the banks in
the U.S. a very slight slap on their wrists, and no one was held accountable.
But European banks, now that is something else. The E.U. puppets finally
realize the U.S. doesn't consider them friends, more like employees. The World
financial system is at the point of collapse regardless of Deutsche Bank.
Deutsche Bank's failure will only speed it up. It won't be the leading cause of
it. RIP Deutsche Bank, RIP the U.S., RIP old world order. Hello, new world.
Deutsche Bank keeps papering over the cracks with derivative contracts with
Wall Street. Deutsche Bank essentially has an overdraft with the FED. The
Germans have mortgaged their citizen's pensions to loan money to Greece to buy
German diesel submarines and Mercedes cars. This money never really left
Germany, just made a loop, and wound up being a subsidy for German manufacturers.
Ask yourself why Greece needs 40 F-16's and a half dozen modern submarines?
"The strong southern flank of NATO." The Russians are pissing
themselves laughing. This was an end-run around the public forum to prop up
defense contractors. Basically, Greece has tourism (make me laugh) and olive
trees and a merchant fleet. It is essential that several years ago, the Dutch
and German state banks collected their gold reserves and returned them. Also,
around the time (2001) that the FED started printing, this was when the huge
construction boom began in Spain. Big airports in the middle of nowhere, etc.
This real orgy would have been a windfall for German steelmakers (Rebar). Much
of this was financed through Italian banks borrowing from German banks borrowing
from the FED. Deutsche Bank is nothing but a criminal money-laundering
operation masquerading as a bank.
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