The Collapse of Deutsche Bank has Begun!

If this plays outhen the RV would be activated bringing in the Quantum Financial System.

Whatever itakes… GJ

7/21/2019 03:02:00 PM  News  

Published on Jul 21, 2019

I know that most Americans don’t really care if Deutsche Bank lives or dies, but the failure of Deutsche Bank could quickly become a major stock market crash for the entire world…

Could it be possible that we are on the verge of the next Lehman Brothers moment and economic collapse ? Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest “too big to fail banks” in the United States have very deep financial connections to the bank. In other words, the global financial system simply cannot afford for Deutsche Bank to collapse, and right now it is literally melting down right in front of our eyes. For years I have been warning that this day would come, and even though it has been hit by scandal after scandal, somehow Deutsche Bank was able to survive until now. But after what we have witnessed in recent days, many now believe that the end is near for Deutsche Bank and a horrific stock market crash will follow that. On July 7th, they really shook up investors all over the globe when they laid off 18,000 employees and announced that they would be completely exiting their global equities trading business.

And as Deutsche Bank collapses, it could take a whole lot of others down with it at the same time and the next stock market crash will burn the whole system. According to Wall Street On Parade, the bank had 49 trillion dollars in exposure to derivatives as of the end of last year. The actual credit risk to Deutsche Bank is much, much lower than the notional value of its derivatives contracts, but we are still talking about an obscene amount of exposure. And this is especially true when we consider the state of Deutsche Bank’s balance sheet. According to Nasdaq.com, as of the end of last year the bank had total assets of 1.541 trillion dollars and total liabilities of 1.469 trillion dollars. In other words, there wasn’t much equity there at the end of December, and things have deteriorated rapidly since that time. In fact, it is being reported that a billion dollars a day is being pulled out of the bank at this point.

In particular, some of the largest “too big to fail banks” in the United States are “heavily interconnected financially” to Deutsche Bank. This is the reason why the next stock market crash is imminent because thing are getting worse and worse very quickly.

As long as I have been doing this, I have been warning my followers to watch the global derivatives market. It played a starring role during the last financial crisis, and it will play a starring role in the next one too. The fundamental structural problems that were exposed during 2008 and 2009 were never fixed. In fact, many would argue that the global financial system is even more vulnerable today than it was back during that time. And now it appears that the next “Lehman Brothers moment” may be playing out right in front of our eyes.

Now more than ever, keep a close eye on Deutsche Bank, because it appears that they could be the first really big domino to fall and a huge stock market crash will hit our planet.

Script written by Michael Snyder, author of: www.theeconomiccollapseblog.com