Obama Wages “Economic War” Against Deutsche Bank, ATM’s Go Dark (Video)
BY VOICE OF REASON
THELASTGREATSTAND.COM
MONDAY, OCTOBER 3RD, 2016
As you’ll learn below, on Friday things seemed to be turning around, if only slightly, for the much beleaguered German Deutsche Bank. The bank’s stock rose around 14% on rumors that Deutsche Bank had reached a settlement with Obama’s Department of Injustice regarding a $14 billion demand.
It was believed that a settlement was reached with the DOJ for $5.6 billion, which would still utterly cripple Deutsche Bank, but since the $14 billion originally demanded is the entire market capitalization of the bank, $5.6 billion felt like a little hope anyway. As it turns out, the rumors were false, and there was no validity to the existence of a settlement.
Despite the fact that Deutsche Bank is already teetering on the verge of collapse, and its collapse would rip the heart out of Europe’s already fragile banking system, the Obama administration is still proceeding ahead demanding $14 billion.
If Deutsche Bank does collapse, the shockwaves will undoubtedly be felt here in America, and it could trigger a free fall in U.S. markets. For those on the fence about Obama, and what his real motives and intentions are before he leaves office, let this recent act serve as a window into how little respect he has for our German allies, who are calling the DOJ’s most recent stunt “economic warfare,” or even what the DOJ’s actions could do to U.S. markets and investors here at home.
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