DEUTSCHE BANK & $100 TRILLION IN DERIVATIVES HANG BY A THREAD ON EVE OF JUBILEE

Friday, September 30, 2016
By Paul Martin

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

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter