Bix Weir, Atlantis Report and Lynette Zang Tuesday Afternoon 12-3-19
Bix Weir
Is Trump Pushing the Financial "End Game?"
RoadtoRoota: Dec 3, 2019
From China to South America to Europe TRUMP is pushing everyone's buttons at a moment in time that the Global Financial System is the weakest it's ever been...IS HE DOING IT ON PURPOSE?!
Is Trump purposely trying to destroy the current economic system???
Print as much money as you possibly can….take advantage of all the benefits of unbacked fiat money.
Building houses, roads, military…spend, spend, spend……
And notice we never, ever hear about politicians talking about “balancing the budget or getting the deficit in line…..that ship has sailed.
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Deutsche Bank Meltdown $250 Trillion Debt -- Be Ready For Economic Collapse & Stock Market Crash
The Atlantis Report: Dec.3, 2019
Deutsche Bank Kaputt ! $250 Trillion Debt -Be Ready For Economic Collapse & Stock Market Crash 4K
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.
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PROLONG THE RESET, GOLD SUPPRESSION, MINING STOCKS… Q&A WITH LYNETTE ZANG AND ERIC GRIFFIN
Streamed live 62 minutes ago