DESPERATE Deutsche Bank To MERGE With Commerzbank? – Bank Tries To Avoid CRASH

• World Alternative Media Published on Sep 24, 2018
  Josh Sigurdson talks with author and economic analyst John Sneisen about the coming crash of Deutsche Bank as the massive German lender attempts to merge with Commerbank, a far smaller but also indebted bank. Germany appears to approve the move in order to save the bank from a certain crash, but it simply is not enough. Interestingly, Deutsche Bank has recently attempted to lay of 10,000 workers, was downgraded by the S&P, had an extension by the Federal Reserve on its living will, may revert to a holdings company and has failed the Federal Reserve’s stress test. That’s just a few examples of many that show the world that Deutsche Bank won’t be around for too long. Deutsche Bank is the biggest bank in Germany and in 2016 had a 75 trillion dollar derivative exposure. That’s the GDP of the entire world! Germany’s 3.5 trillion dollar GDP certainly wouldn’t be sufficient.
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  As banks become more and more insolvent with their cash to deposit ratio unthinkably low, we will see more of this desperate action take place. With vast debt, non-stop fractional reserve lending or even zero reserve, the banking system will collapse and so with the monetary system and the markets with it. We’ve seen it put off for decades and it cannot go on much longer. Of course the fundamentals are off the table due to the level of manipulation in the monetary system as well as the markets, so one cannot put a date on the crash, but we know it’s inevitable. It’s been propped up for far too long and it cannot sustain itself. The more it’s propped up and prolonged, the worse it will get. This is a serious problem that will affect everyone if individuals do not prepare. One must be self sufficient, financially responsible and educated to the fact that if your money’s in the bank, it’s not yours, it’s the bank’s!

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