A Very DANGEROUS Development: How Deutsche Bank & High Risk Bets Can Cause the Collapse
- ITM Trading Streamed live 7 hours ago
Links to slides and sources: https://www.itmtrading.com/blog/db-da…
According to the DB Q1 2019 Financial Report, leverage at Deutsche has expanded in the first quarter of 2019 and officially, they hold 3.9 Euro’s of equity for every 100 Euro’s of debt, so if the value of their holding drops just 4%, they are insolvent. Something that has occurred in recent years past. Because the global banks are interconnected, a run at DB could take down the entire system, just like Lehman. That could certainly be the black swan event that no one expects. Game over. Could that be why Germany repatriated most of the gold they held in central bank vaults in New York, London and France? What might they know that the public doesn’t? They know about the true state of the global financial system. They also know that if you don’t hold it, you don’t own it.
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