In an interview I posted yesterday, world famous investor Jim Rogers made it very clear that if Deutsche Bank collapses in Germany, it will crash the entire world financial system. Since that interview was such a big hit, with the help of another Jim Rogers interview he gave the following day, let’s try to make sense of why Jim Rogers is making such a huge fuss about Deutsche Bank, shall we? How will a Deutsche Bank collapse affect YOU personally?
For starters, it’s worth noting that Jim is the legendary investor who co-founded the Quantum Fund with George Soros (that name ring a bell?), and retired at age 37 after their fund gained 4,200% over a period of 10 years. That means Jim knows George Soros real well, knows about all about his tactics, and you can be sure Jim Rogers has a REAL good idea what’s going on with Deutsche Bank.
To begin, as of right now, Deutsche Bank’s entire market capitalization (or net worth) is around $15 Billion, and yet Obama’s Department of Injustice is trying to punish the bank by hitting it with a $14 Billion fine. Does that make ANY sense to you? That would not only bankrupt and collapse Deutsche Bank, but also the global financial system, and U.S. investors with it. Furthermore, even if the U.S. does somehow grow enough sense to back off, the bank still has $46 TRILLION in derivatives on their books.
in the video below, I explain why the consensus seems to be that there is a much higher chance of Deutsche Bank getting a bail-in, than getting a bail-out. What does that mean, and why should you care? I’ll go into how it affects you in much more detail in the video, but first work with me on this for a minute:
Deutsche Bank’s exposure to the derivative markets is over $46 TRILLION Dollars.
The GDP of the entire country of Germany is slightly below $4 TRILLION Dollars.
The GDP of the entire European Union as a WHOLE is roughly $16 TRILLION Dollars.
Do you need a PhD to figure out where this is going? All the GDP from the entire continent of Europe isn’t even enough money to cover HALF of Deutsche Bank’s derivative exposure. So, where does a bail-out come from? Simple Answer: There is no bail-out. Either there needs to be bail-in, which I discuss in my video below, or as Jim Rogers previously stated, “If Deutsche Bank goes bankrupt, it is going bring down the entire world financial system.”
Regardless of a person’s political persuasion, just about everyone can agree that the coming 2016 presidential election is one of the most important elections in this nation’s history for a number of reasons, not the least of which is that the fate of the Second Amendment hangs in the balance, but as important as this election is, and even with the non-stop 24 hour news coverage we have in this country, one thing is abundantly clear: 99% of Americans just DO NOT get the big picture.
Most Americans can tell you what Donald Trump Tweeted last night, but they simply cannot grasp the concept that if Jesus Christ himself was a nominee for president and won, even he would stand no chance of stopping the financial crisis we have coming.
The problems both the U.S. and the global economy face are systemic in nature. Deutsche Bank is a VERY big problem right now, but it’s far from the only one. In reality, Deutsche Bank is the very tip of what could be the biggest iceberg in history. When I think of how uninformed the American people are, I can’t help but remember what Michael Snyder said it in a recent post:
“War is coming, but unfortunately most Americans are completely oblivious to what is about to happen.”
In the following posts, I have explained in great detail, why a vote for Hillary Clinton is a vote for war with Russia. She knows it, the global elite funding her campaign like George Soros know it, and Putin knows it. Putin also wants no part of it, but Soros and his puppets Barack and Hillary are walking us right into World War III. The following is EXACTLY what will happen if Hillary gets elected… EXACTLY!
Given the fact that the global economy is about to implode, and sooner or later everything eventually always comes down to money, when the global reset begins, fiat money will become totally worthless. That’s when the war machines kick into high gear.
In the video and the article below, legendary investor Jim Rogers expounds on the already apocalyptic forecast he laid out earlier this week in an interview with RT. In that article titled, If Deutsche Bank Collapses, It Will Crash the Entire World Financial System, when asked if economic conditions are going to deteriorate, Jim almost screams at the host:
“Of course it’s going to get worse. You SHOULD be worried … Get KNOWLEDGEABLE, get WORRIED, and get PREPARED! It’s going to be MUCH worse, and worldwide!”
In the following video, The Money Trial interviews Jim Rogers, and during the interview Jim confirms that despite U.S. stock Markets being at all time highs, they could easily drop by as much as much 60% to 70% when the reset begins. He explains that Deutsche Bank is absolutely utterly broke, and a massive derivatives collapse coming.
In the interview, Jim also discusses recent moves in the financial markets by his former partner George Soros, who always seems to profit from global catastrophe (is it THAT hard to connect the dots here?).
HEADS UP: The first 30-40 seconds are a bit choppy, and then there’s an odd commercial, but after that the interview begins:
International investor Jim Rogers warns that if Deutsche Bank would ever fail, it would crash the world’s financial system. Deutsche Bank has said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany’s largest lender.
“The main reason is that the US government is deep in debt. They’ve got a gigantic deficit – they are desperate for money. They’ll try to get it anywhere they can. I can’t imagine that Deutsche Bank should be liable for $14 billion,” Rogers told RT.com. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank’s expectations that the DoJ would be looking for a figure of only up to 3 billion euros ($3.4 billion).
“Either Deutsche Bank goes bankrupt, which is going bring down the entire world financial system, or they are going to come up to some kind of compromise at a lower number. If Deutsche Bank does have to pay $14 billion – you should be very worried anyway, but especially if they have to pay $14 billion,” Rogers said.
The bank only scraped through European stress tests in July and has warned it may need deeper cost cuts to turn itself around after revenue fell sharply in the second quarter due to challenging markets and low interest rates.
Chief Executive Officer John Cryan, in charge since last year, is already firing thousands of workers, dumping unprofitable clients and exiting businesses, Bloomberg reported.
The prospect of bailing out Deutsche Bank is politically noxious for German Chancellor Angela Merkel, who’s deciding whether to seek a fourth term next year and has championed European Union rules aimed at keeping taxpayers off the hook in a crisis. Merkel’s spokesman has said the government sees “no grounds” for talk of state funding for the bank. Cryan, for his part, told the Bild newspaper that accepting government support is “out of the question for us.” That hasn’t quelled speculation. Lawmakers from Merkel’s governing coalition said they expect the government to step in if Deutsche Bank were at risk of collapse due to a capital shortfall.
So what if the bank should eventually fail?
“Then the EU would disintegrate, because Germany would no longer be able to support it, would not want to support it. A lot of other people would start bailing out; many banks in Europe have problems. And if Deutsche Bank has to fail – that is the end of it. In 1931, when one of the largest banks in Europe failed, it led to the Great Depression and eventually the WWII. Be worried!” Rogers warned.
Rogers isn’t alone about being cautious when it comes to investing in the current turbulent global environment.
Investors should just get used to such volatility for the rest of the year, Newsmax Finance Insider Mohamed El-Erian warns.
Allianz’s chief economic adviser told CNBC that traders need a “stomach for volatility.”
“This year is going to be all about exploiting volatility on the way up and the way down,” he said.
In the following video, since he’s been chronicling the collapse of Deutsche Bank since it was on the radar of most economists, is a portion of an interview with Dr. Jim Willie with Elijah Johnson from Finance and Liberty. The full interview is about 2.5 hours, but this is an excerpt that deals specifically with Deutsche Bank, and in includes insight you’ll never hear anywhere else. If you’ve never heard Dr. Willie before, this would be the best time to start…
For those of us who understand what is happening in global economic markets, even just a little bit, it is getting increasingly more frustrating with every passing day as we continue to try to warn people of the danger that lies ahead, particularly our loves ones. Perhaps the most frustrating part about the fact that most people adamantly refuse to look at the facts and face reality, is that we’re staring down a global financial collapse of biblical proportions that will probably kill millions, and it’s been obvious for YEARS it was coming, even to a novice.
Recall the example above about Deutsche Bank’s $45 TRILLION Dollar exposure to the derivative markets, which is more than the combined GDP of the entire European continent. The reason it doesn’t require an Ivy League education or a PhD to know that conditions rivaling those seen in the Hollywood movie Mad Max are coming, is because it’s not like there’s a slim “chance” that the global economy “might” be heading into a “recession,” or “might” see an “economic downturn,” the way politicians and various media pundits keep telling people.
Do the arithmetic on the Deutsche Bank situation alone. Then consider that Deutsche Bank is one of MANY financial powder kegs ready to explode.
What is definitely being missed by the American people, is that the causes of the coming financial collapse were set in motion decades ago. That ship has long since set sail, and what Americans in particular don’t seem to grasp is that there is a ZERO percent we’ll escape the collapse. ZERO! None. Our only hope has been to delay the inevitable for as long as possible, and we’re even failing miserably at that!
All the best economic minds on the planet agree that if Deutsche Bank collapses, the curtain comes down on the whole global financial system. For anyone who hasn’t specifically come out and said those exact words in a public statement of some kind, they’ve made their opinions quite clear with their actions. They’ve let their money do their talking. Follow the money folks (whatever money doesn’t lead back to Hillary Clinton anyway, if there is such thing)…
Where was the mainstream media, when I was screaming from the rooftops about George Soros deciding to liquidate 37% of his stock portfolio to buy gold, an asset which by the way happens to trade INVERSELY to the U.S. Dollar?
Since the two trade inversely, no one in their right mind would sell out of U.S. Dollar denominated securities,and then buy gold, not unless they were sure the Dollar was going to tank. When you consider the person who made the transaction became one of the wealthiest men on the planet by trading currencies, the warning bells should have been ringing even louder.
Instead, the U.S. media: CRICKETS.
What do people think? Do they think that one of the richest, and most well connected men on the planet, who also goes by the nickname “The Currency Killer,” made that transaction at that time on accident, or by chance? Furthermore, do people think that the globalist owned media’s total lack of attention to the story was also just pure coincidence? Seriously?
The following video from the Next News Network comes from that post mentioned above about Soros liquidating his portfolio. As I said, HUGE warning signs should have been flashing, but no such luck with the U.S. mainstream media.
For those of you who are finally starting to realize there is major trouble on the horizon, largely as a result of the failure of the U.S. Dollar and Western banks, deteriorating conditions socially domestically, and nuclear tensions reaching all new heights, then I suggest you get your FREE GUIDE for how to survive Martial Law here, because if/when things begin to go south, by then it will be too late to do anything about it. The writing is on the wall everywhere…
FOR MORE ON DEUTSCHE BANK COLLAPSE:
CRITICAL LINKS TO GEORGE SOROS STORIES:
IF YOU READ NOTHING ELSE, THE FOLLOWING POSTS ARE ESSENTIAL:
FOR MORE LINKS ON MARTIAL LAW:
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