Jim Willie: When Deutsche Bank Fails, Barclays, Citigroup, and More Will Fall Like Dominos

Friday, February 12, 2016
By Paul Martin

BY VOICE OF REASON
THELASTGREATSTAND.COM
FRIDAY, FEBRUARY 12TH, 2016

n the video below, Dr. Jim Willie explains that with Euro-zone banks showing renewed signs of crisis (Deutsche Bank deleveraging by a massive €425 billion over the past year- the fastest pace since the 2011 near-Euro collapse, and Barclays admitting a £12.8bn capital shortfall Tuesday) and fundamental indicators in the gold market screaming financial crisis (GOFO rates remain negative for nearly 20 days and massive inventory draw-downs at the COMEX & LBMA),

Willie, who recently stated that Deutche Bank is under major duress and could be the first major bank to collapse in the next stage of the banking crisis, informed The Doc that unlike the collapse of Lehman Brothers in 2008 which the Western Central banks were able to contain thanks to $13 T in bailout funds, a failure of Deutsche Bank would trigger a systemic banking contagion the likes of which the Western world has never seen.

The Rest…HERE

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