PANIC At Deutsche Bank As Shares Hit ALL TIME LOW - Bank WILL Crash!

in money •  6 months ago

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In this video, I talk with author and economic analyst John Sneisen about the most recent crisis at Deutsche Bank.
The bank just had to lay off 10,000 employees. That's 1 in 10 employees!

Under the current "restructuring plan" at Deutsche Bank, the S&P just downgraded the bank's credit rating to BBB+ from A-.

The Federal Reserve put Deutsche Bank's U.S. operations on the secret probation list.

Well now, Deutsche Bank's share price has hit an all time low!

The bank fell 7.2%! This is just a week after we at WAM reported on the crashing share price of Deutsche Bank, it just won't stop falling!

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Interestingly, this also comes a few days after we reported that all major banks are in the red year to date after JP Morgan finally broke their artificial bull market.

All of the banks are insolvent. None of them recovered in 2008. The cash to deposit ratio illustrates that.

It's up to individuals to understand money, understand that if your money's in the bank, it's not yours, it's the bank's. It's up to individuals to prepare themselves and of course be self sustainable. Decentralizing and looking outside of the banking system and government will provide security and wealth without the servitude and debt.

We will continue to cover this incredibly important issue!

See the FULL video report here:

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Hi Josh, part of your closing tag includes the phrase about not collecting stuff for the toughest guy on the block. The toughest guy on the block is govt that has an army. History tells us what this means. You should cover 'how to hide your stuff from government when government decides it want to take your stuff'

Soros shorted this a few years back... says it all

Josh

I know you are busy and all but please if you don't reply to your steemit posts just say it somewhere then I'd know you are chasing the $'s on here and I won't waste my time typing out comments

this will be the beginning of the domino effect.

Great info , thanks 🙏