DEUTSCHE BANK & $100 TRILLION IN DERIVATIVES HANG BY A THREAD ON EVE OF JUBILEE
SilverDoctors.com
September 30, 2016
>Will Deutsche Bank implode today, two days before the end of the Jubilee Year?
Submitted by Jeff Berwick, The Dollar Vigilante:
Nearly a year ago to the day, on September 28th, we wrote “Will Deutsche Bank Be This Cycle’s Lehman Brothers?”
In it we asked, “In 2008, the financial crisis was set-off by the collapse of Lehman Brothers. Could this year’s crisis be caused by a collapse of Deutsche Bank?”
The day after the end day of the Shemitah in 2015, on September 14th, Deutsche Bank announced that it was laying off 23,000 employees, about 25% of its workforce.
At the time, it was trading around $26 per share.
Now, on the eve of the end of the Jubilee Year, Deutsche Bank was down another 7% on Thursday and is now at an all-time low near $11.50.
The Rest…HERE