Deutsche Bank Collapsing? Is This Why Germans Warned to Prepare? (Videos)
(N.Morgan) Since Germany issued the dire warning to its citizens to stock up on food and water, it is beginning to look as if Deutsche Bank may be collapsing.
If the leading bank in Germany collapses, the effect on Europe would be devastating, and it would be highly unlikely that the US would remain unscathed by such a collapse.
It would have a ripple effect that would travel all across the Atlantic. The Deutshe Bank’s financial woes are currently stressing the American Stock Market.
Angela Merkel has said that Deutsche Bank will not receive a bailout from the European Central Bank, which is the last resort lender of financial institutions in crisis.
The Department of Justice recently issued a $14 billion fine to the bank to settle a mortgage-backed securities probe, which the bank has no intention of paying.
“Deutsche Bank has no intent to settle these potential civil claims anywhere near the number cited,” the company said in a statement early Friday in Frankfurt.
“The negotiations are only just beginning. The bank expects that they will lead to an outcome similar to those of peer banks which have settled at materially lower amounts.”
Deutsche Bank shares fell dramatically on Monday morning after news that Merkel won’t support the bank was released.
Deutsche shares fell as much as six percent to €10.67 in early Monday trading, the worst performance since 1992.
The bank has lost over 52 percent of its value since January and over 56 percent in the last twelve months. Earnings per share fell as much as €6.
The collapse has been prompted by a report in the German magazine Focus that said Chancellor Angela Merkel has ruled out any state assistance for the bank next year.
Merkel also declined to provide help to Deutsche Bank in its legal battle with the DoJ.
The Frankfurt-based lender may be fined up to $14 billion over its mortgage-backed securities business before the 2008 global crisis, the magazine reported.
The article said Merkel made her views clear in talks with Deutsche CEO John Cryan.
Is Germany maybe considering a bail-in instead of a bail out?
Is this why Germans have been advised to stockpile food and cash in case of a disaster hitting the country?
A bail-in is rescuing a financial institution on the brink of failure by making its creditors and depositors take a loss on their holdings.
A bail-in is the opposite of a bail-out, which involves the rescue of a financial institution by external parties, typically governments using taxpayers money.
Typically, bail-outs have been far more common than bail-ins, but in recent years after massive bail-outs some governments now require the investors and depositors in the bank to take a loss before taxpayers.
Are German citizens about to fall victim to their money being stolen by the government to bail out Deutsche Bank?
This sort of thing has happened in the past.
Remember when the Bank of Cyprus took almost 40% of depositors cash to keep the bank afloat and there was nothing they could do about it?
Assets were frozen and ATM machines were not refilled.
We’ve witnessed this before.
It also occurred in both Greece and Venezuela, and it’s highly probable that history will repeat itself.
Will Germany become the next falling domino in the collapse of the Western world?
The lesson that we can take from this is that being prepared far in advance of a collapse is the wisest course of action.
If you stock up on emergency food, water and other vital supplies before the crowd, you’ll do so at better prices with better options.
Last summer, the US government issued 2 warnings to the American people to get prepared, but very few people took it seriously.
Maybe it’s time to take another hard look at those warnings, and take action to be ready and be prepared. Don’t wait until it is too late.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
Hello Angle#3(Of-Ful Prelim),
Charlie here. Interesting parallels to Germany with economic problems soon to come there? Will there be a banking collapse and the rise of a German strong man the Bible scholars talk about?? No doubt one day money all over the world will soon declare its TRUE INTRINSIC VALUE – which is ZERO!!
Why they want to struggle to keep it at ZERO is beyond me. Perhaps this is the only way the Mark of the Beast can be SOULED to you. My advice? Don’t buy it.
Charlie (really, money is the big O, next to the dOughnut)
Charlies’s Angels … great show! They should bring it back!
Fear, fear fear…. they just print more fiat currency with no trade worthy asset backing it. This is why bankers and stock traders and market speculators have many homes in far away lands!
The Germans are getting screwed, again!
These Germans knew how to deal with the bankers in 1932 and even if they don’t want war afterwards the US occupation force has other plans for them anyway.
The share price reflects last years valuation – Germany would normally take a big hit bar it looks as if the entire affair is Deutsche Banks creation because it is in a multi year share buyback process(https://www.db.com/ir/en/share-buybacks.htm). Where a few remaining shareholders – possibly one, will end up with total control of the bank after a big state bailout for a fake collapse caused by speculation designed to reduce the banks paper value.
It’s called Duche Bank for a reason.
What a crap.. i live in germany and there has NEVER been a warning to stock up on everything.. just like 90% of the posts here ….. this site used to be fun a few years back.. but now it should be renamed in beforeitwillneverbenews…. at least try to check the records before wasting your time typing so many made up bullshitwords.. and waste other people´s time…
Actually there has, we are to stock up on food and water and have enough supplies to last 10 days. I live in Bad Fallingbostel, 60km from Hannover. You should read more and watch the news more.
Aber genau das hat es gegeben, wir sollen genügend Lebensmittel und vorräte für 10 Tage lagern. Ich Wohne in Bad Fallingbostel, 60km von Hannover entfernt. Du solltest mehr Lesen und öfters die Nachrichten schauen.
In New York it hit 10.20, before stalling and returning to 10,29 (jetzt)
Paint It Black (Stones)
This is the End (Doors)
The Wall is Playing now. (YouTube is good for Something) (Laune Verbesserung)
Es ist Jetzt, Nur Ein Frage Der Zeit, – - – Velleicht – - -
Gutes Gluck, Watcher, wir brauchen ein biss’l glück.
Aus Der Oberpfalz,
Pray For Peace, above all.
Schüden Sie jemand ein Entschüldigung????
Ich habe diese vorwarnung SCHON GEHÖRT!!!!
In Deutscher Nachrichtung!!!!
Wo Wohnen Sie???? Nochmal Bitte?
And your English is pretty darn’ Good
(For a Swiss Guy)
My guess is that they will get bailed out or loot the people who trusted them.
Well it didn’t crash and prices for DB picked up 7% so looks like someone has been feeding us lies and tried to make money after shorting the stock.
Odd that this story is still hanging around here on B4IN