“Collapse: We Now Know the Timeline - 40 days +/-”
Saturday, May 14, 2016 22:25
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“Collapse: We Now Know the Timeline- 40 days +/-”
by Newsroom
“Germany’s (almost bankrupt) Deutsche Bank is suddenly offering five percent (5%) interest to folks who deposit 10,000-50,000 Euros for a minimum 90 days. But this offer is only good until June 24, about 40 days from now. Is this a last gasp to lure people into the banking system before it fails? Some think that’s exactly what it is, especially given some new language included in the account contract “savers at risk of losing deposit…”
One of the reasons why central banks around the globe have flooded the financial system with trillions in excess reserves is to make sure that banks no longer have to rely on potentially fleeting short term deposits (and is also why negative interest rates have become the norm in so many part of the world, that $10 trillion in bills and bonds now trade with a negative yield). As a result of years of such central bank policy, banks – mostly in Europe – no longer need to compete with each other for deposits: after all why offer tempting deposit rates in an age of NIRP (Negative Interest Rate Policy) when banks can get all the liquidity they need straight from the ECB and in some cases even get paid on it.
Furthermore, the whole point of NIRP is to slowly unleash negative, not positive, interest rates in order to discourage savings. Which is why we were surprised to find that in a promotional offer by Europe’s biggest, and by many accounts most insolvent, bank, Germany’s Deutsche Bank is not only not rushing to penalize depositors, on the contrary it is offering its Belgian clients a 5% gross return for new €10,000 – €50,000 deposits if this money is locked up for the next three months. The offer is only valid for the next 40 days, until June 24.
Why the offer? All else equal it would appear as if Deutsche Bank suddenly needs liquidity quite urgently (but only enough per person so that in a worst case scenario the amount is fully insured by the government) with a 3 month lock up; so urgently it is willing to pay an interest which is higher than on some European junk bonds.
It begs the question: how is it that DB can’t get a far, far cheaper deal in the bond market, or using short-term unsecured funds? Perhaps no one who understands the financial mess that the bank is in, wants to lend them money?
Here is Deutsche Bank’s offer to Belgian clients to open a DB Invest Plus account (google translated): “Open a term account and get 5% gross annual Deutsche Bank will always offer the best offer on the market. Therefore, you can now 3 months 5% gross annualized receive when you open a DB Invest Plus deposit account. An excellent opportunity to increase your returns Deutsche Bank, you may be demanding for money. Proof? Stop by one of our Financial Centers. You now get a clear 3 months 5% gross per annum for new amounts from 10,000 to 50,000 euros, if you go for June 24, 2016 opens a DB Invest Plus deposit account (subject to early closing).
Please note that this promotion is only valid for the injection of fresh money, i.e. amounts previously never been in an account with Deutsche Bank AG Branch Brussels were (between 10,000 and 50,000 euros per person and per family and only at the Financial Centers Deutsche Bank AG Branch Brussels. offer reserved for Belgian residents).
5% in all simplicity. You receive a guaranteed rate of 5% gross per annum for 3 months for each new deposit of 10,000 to 50,000. 5% and a maximum efficiency. After deduction of withholding tax of 27% 1 provides the DB Invest Plus deposit account (a deposit account under Belgian law) a net return of 3.65% per annum for 3 months (fees apply to physical persons residing in Belgium).
5% in any flexibility. This account is designed for people who do not need immediate or within three months of their money and are looking for a fixed interest returns. To be clear: after 3 months will release your money and you can do whatever you want.
Which is certainly a great guaranteed return in this age of ZIRP/NIRP day and age; however the question is: why does Deutsche Bank need this money so urgently, and especially over the next three months. And while we were pondering this, we noticed a new addition to the generic risk factors boilerplate language, where in addition to the usual stuff, we now see a warning about the infamous “bail in.” “In case of bankruptcy or risk of bankruptcy of financial institution, the saver is at risk of losing their savings or may be subject to a reduction/conversion into shares (bail-in) of the amount of the claim that he has the financial setting on top of the amount covered by the double German guarantee scheme for deposits.”
We wonder if DB will be alone in going against the ECB’s grain with such scandalously high rates, or if this turns out to be a systemic issue and suddenly every other bank will likewise rush to attract deposits at a time when the ECB would like nothing more than to have a minus sign in front of the 5%.
If the doomsayers are correct, DB may be trying to suck every last drop of money it can before it goes under- and takes most of the western banking system with it. Bear in mind the amount they are seeking from each Depositor is less than 50,000, so if the bank does go under, the German government is on the hook to pay a lot of that to the common people. Would that be a perfect way to perpetrate one last screw job on the public before the bottom falls out? Since the offer is only good until June 24, we ought to know very shortly thereafter if this was some nefarious plan. Stay tuned.”
Source: http://coyoteprime-runningcauseicantfly.blogspot.com/2016/05/collapse-we-now-know-timeline-40-days.html
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News update on the world collapse again! It is going to be soon!
Someday you will be right, just repeat yourself often enough
Good Job. I read the first sentence and thought that maybe you were going to make it, but the last one didn’t quite cut the mustard.
We’re all learning here, Man.
Similar thing happening in Australia. Citibank is offering a 0% interest rate on credit card balance transfers for the life of the debt. No reset to 24% after two-years – 0% on the transferred balance forever! I’ve only seen this once before – during the depths of the financial crisis in 2008/09. Does Citibank need more cashflow? Sacrificing future interest income to obtain cash monthly payments in the present…. Ponzi finance in action! Anyone else seeing the same sort of deals?
you are correct. we earn .01 in the US and they are currently advertising 6%.
I have been watching for months and months, the ominous predictions that the global Ponzi scheme will fail ‘tomorrow’…
Hasn’t happened yet! But I do agree in principal, that all the fundamentals are in place, and it is only a matter of time.
For example, the graph of American national debt is quite revealing.
It took ~200 years to reach $ ten trillion…
But has almost doubled to $ 19 trillion in the past eight years!
Its growth is exponential. The tipping point (and all agree that there is one) does appear to be growing close.
And here’s the thing:
The talk that I noticed back around Christmas, did say that the scuttlebutt was the collapse could be triggered from an unexpected direction – Germany!
And this is the very bank that was identified. Apparently it is heavily over-extended, with liabilities more than twenty times the annual GDP of the entire German nation.
Hmmm…
The correct link to the article above should not include the “feedBurner” info. Thus, the link is:
https://www.superstation95.com/index.php/world/1315
We’ve got the Brexit here on the 23rd June, so Id be inclined to think this date by the Deutche Bank has something to do with the ‘Brexit’… and if Im right? proves that there is no way there going to let us leave the EU and Deutche Bank are just borrowing time, knowing in advance what the result is going to be regarding the Brexit…
Im certainly no economist so I could be wrong, but Id say the dates are connected in some way…
Liberty Mutual Insurance has been advertising an absurd insurance policy for a while. It’s a car insurance policy that, for a premium, allows you to get a better car than your original car if your car is totaled.
This is not “incentive-compatible”. It encourages cheating. The policy holder is incentivized not to drive safely and carefully, but to wreck his car so he can get a brand new, better one. No sane insurance company would offer such a policy.
Therefore Liberty Mutual is insane. They must be desperate. In this time of zero returns on their pile of cash, they must be having problems staying afloat. (And if I am buying insurance, the last thing I want is a policy from a company that may not be around to pay a claim.)
Liberty Mutual is very exclusive and only cover low-risk drivers. Usually someone crazy enough to wreck their car for a better one wouldn’t have the spotless driving record Liberty requires and the commercial doesn’t mention how much that “feature” costs. I used to have their insurance and got dropped after my ex-wife had a very minor fender-bender.
Interesting financial analysis aside from the hysterical headline. Perhaps Deutsche Bank will be this market implosion’s Lehman or Bear Stearns. There’s a couple Italian banks that bear watching as well. Could the next crisis be the one that brings the whole thing crashing down? Perhaps but as long as the banksters make the rules and decide what is “money,” nothing will change until they reach the ability to restore feudalism.
Yes it will crash one day but we have been hearing these stories about it just being weeks away every other day since 2008 and the people that write them just look like fools.
I can see Bitcoin crashing before then because too many pundits have been saying that it’s all still an experiment and we all know that they all come to an end and bankers can also pump and dump BTC to kill it off.
What i think is starting to happen is that viruses are being leaked out from the Tor Client (NOT THE BROWSER) and are then encrypting your hard drives so you have to pay a ranson in BTC on Tor to get your data back and this is being done to pump up the price of these coins and is how Tor intends on making money.
I am sad to have to warn people about Tor because i was a big fan but now you know.
I agree… Good article. If people can’t see the financial system is about to implode they are beyond help.
/new-world-order/2016/05/angels-demons-the-fire-approaching-6122.html
http://penitenziagite2016.blogspot.co.nz/2016/05/bonfire-night-25-may-rev-68-israels-68.html
“Bilderberg has just announced their annual meeting will be in all places Dresden Genrmany.
I believe the elite are announcing what is coming … there are alot of references to fire
http://investmentwatchblog.com/the-bilderberg-meeting-2016-in-dresden-germany-begins-june-9th/
Dresden was completely destroyed by FIRE-BOMBING during WW2. The raid was specifically designed to kill as many people as possible by spacing the bombers to allow people to filter out of bunkers only to be hit again. Dresden was one of the most beautiful cities in Europe. Bilderberg meets June 9th – 12 (Shavuot is Sundown the 12th of June through the 13th).”
We are at Weimar 2.0
Just like Germany in the ’20′s of the last century, where they had to pay ridiculous amounts of money to compensate for WW.I (The treaty of Versailles), Germany, the rest of Europe and the US are on the virge of an enormous economic collapse, instigated by THE SAME BANKSTERS that were responsible for the crash of 1907, WWI, the rise of communism, the crash of 1920, the hyperinflation within the Weimar republic, the crash of 1929, WWII, The cold war, Korea, The killing of JFK, Vietnam, Cambodia, Nigaragua, Panama, The first gulf war, The fall of Yugoslavia, 911, The second gulf war (or Iraqi war), Afghanistan, Lybia, Syria, you name it.
They thrive on war. They finance both sides and the “loser has to pay the “victor”".
They stay in the shadows. They are psychopaths of the worst kind.
They divide, but don’t conquer the old fashion way. They conquer by controlling the issuing power of money of a nation out of thin air. (In the form of debt) Then a country has to pay interest for this “money”.
IT DOESN’T MATTER if “money” is backed by gold, beads, silver, mirrors, nothing, whatever!
AS LONG AS BANKS have the CONTROL of ISSUING POWER this Babylonic system will squeeze the population of a country dry. Inflation and taxes will be responsible for this; “to pay of” a NEVERENDING DEBT!
People who stood up to these Zionist Jewish psychos were all killed, either with their complete family or with an entire nation.
http://www.michaeljournal.org/plenty49.htm
https://jonkirby2012.wordpress.com/2012/11/04/why-rothschilds-really-wanted-the-murder-of-tzar-nicholas-ii-and-his-christian-family/
https://www.youtube.com/watch?v=x8OmxI2AYV8
http://humansarefree.com/2013/11/jfk-killed-after-shutting-down.html
http://ww2truth.net/
http://articles.chicagotribune.com/1989-12-21/news/8903190920_1_panama-canal-gen-manual-noriega-george-bush
/middle-east/2012/06/why-they-killed-gaddafi-a-story-you-must-read-2245149.html
They use smear campaigns and propaganda through their owned mass media outlets.
They use lawyers and politicians to alter legislation
The entire WWII narrative, including the fake “Holocaust” story, is basically the exact opposite from what we’ve been told and taught.
The simple fact of the matter is that the “Holocaust” narrative – 6 million Jews persecuted, abused, and systematically exterminated by “those evil Nazis” during WWII – endlessly promoted and perpetuated by the Jewish-owned mass media, “entertainment” complex and educational establishment is 100% bogus in virtually all respects. The Germans simply wanted the Jews out of Germany, clearly and correctly recognizing them as an alien, hostile, and treacherous force working to subvert, pollute, and destroy the German nation.
Even Jewes THEMSELVES have said so:
“There exists no document signed by Hitler, Himmler, or Heydrich speaking of exterminating Jews… and, the word ‘extermination’ does not appear in the letter from Herman Goering to Heydrich concerning the Final Solution of the Jewish question.”
Aryeh Leon Kubovy of the Israeli Center for Jewish Documentation
And a ministry of truth has twisted the truth…
http://winstonsmithministryoftruth.blogspot.nl/2011/07/shocking-1944-british-government-letter.html?zx=64e1b5a9782b1b24
http://ww2truth.net/featured-posts/500-reward-to-prove-hitler-was-a-zionist-rothschild-agent
The HATE christians and want to kill as many as possible.
https://mysteryworshipers.wordpress.com/2013/02/16/sixty-six-million-christians-murdered-by-jewish-bolsheviks/
http://www.hellstormdocumentary.com
http://www.thebigbadbank.com/videos/arabsandtherothschilds/
http://rense.com/general64/genoc.htm
“They made a desolation, and called it peace.”
— Tacitus
Seventy years later, through the persistent research of Eustace Mullins, Archibald Maule Ramsey and
others, we have learned that World War II was a concerted effort of nations controlled by Jewish financiers — principally the United States, Britain and Soviet Union — to exterminate the major threat to worldwide Jewish financial hegemony, which was the blossoming barter economy of Nazi Germany
After that this was stiil not enough. These psychos want total domination of the world. Total control.
Their endgoal? It’s written in the Georgia Guidestones….
http://www.jesus-is-savior.com/Evils%20in%20Government/Communism/georgia_guidestones.htm