Will This Be The Catalyst That Begins The Global Economic Collapse?

by | Jul 9, 2019 | Economy, Video Picks of the Week, World News | 0 comments

I’m sure you’ve all heard about the issues surrounding Deutsche Bank, well it is looking ever more likely that the massive job cuts being proposed will be signed off. Deutsche Bank is on the brink of ruin, the question is can they pull this card without collapsing the rest of this very fragile house.

An economic collapse of epic proportions is imminent, most respected economists agree on this – what we don’t know is when this collapse will occur.

The following text accompanies the header video:

Dark clouds have been looming as Deutsche Bank staff are bracing themselves for one of the most severe job culls in banking since Lehman Brothers collapsed a decade ago with the German lender’s board set to approve plans to shed tens of thousands of people and more than €50bn of assets.

This could lead to the biggest stock market crash in History as the global financial system is very vulnerable, global stock markets are on all-time high and we are in the biggest bubble in the history of mankind. The things are happening in with Deutsche Bank is a serious economic collapse warning sign.

Deutsche’s investment banking chief Garth Ritchie has gone from Deutsche Bank, and Christian Sewing’s plan to make 15,000 to 20,000 job cuts across the bank looks increasingly like a done deal. On Sunday, the board seems likely to rubber-stamp the proposed reorganisation, which would see up to 50% of jobs in the corporate and investment bank disappear.

On Monday, it will all begin. Many experts sounding the alarm about the economic collapse that Deutsche Bank could cause in the near future. “You could see Lehman-style scenes outside Deutsche Bank on Monday,” says one recently ex-managing director from the German bank, referring to the staff who streamed out of Lehman with their posessions in boxes in 2008. “It’s very sad what’s happening.”

Renaissance Technologies, the hedge fund giant that Deutsche Bank AG has counted as one of its largest clients, has been taking money out of its prime brokerage accounts with the German lender over the past few months, according to people familiar with the move. Hedge funds have been migrating away from DB for years. Representatives for Renaissance and Deutsche Bank declined to comment.

Many important chiefs, manager, trader are leaving Deutsche Bank and this also a big warning sign that Deutsche Bank Collapse Has Begun -if things will getting worse, this could lead to a major stock market crash and in worst-case scenario: economic collapse.

Ceribalius

Ceribalius

Ceribalius is a pseudonym used by one of our writers, he/she is a digtial nomad and dedicated fighter of freedom and liberty. If there is something that needs saying which no one else is, he/she is the one to do it.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

New ‘Second Wave’ Covid-19 Powers Allow UK Councils to Bulldoze Private Property

Local authorities will be able to order the demolition of buildings at the centre of coronavirus outbreaks under draconian powers to contain a...

Massive Explosion in Beirut Causes Devastation

An explosion in the Lebanon city of Beirut has left many dead and thousands injured. Reports are still coming in on the details of the...

Bill Gates Called Out As Paedophile on MSM – TV Gold

Clay Clark calls out Bill Gates on Mainstream News: "I don't think we should be listening to a pedophile for how to treat our kids. Period. And...

Covid-19 Vaccine Manufacturers Protected From Accountability Due To Side-Effects

A senior executive for pharmaceutical giant AstraZeneca has confirmed that his company cannot face legal action for any potential side effects...

Documents Claim Prince Andrew Helped to Reduce Sentence For Epstein

Newly released court documents on a lawsuit against Ghislaine Maxwell have brought to light some interesting revelations. This particular...

Squarespace Shuts Down America’s Frontline Doctors Website

The takedown of the website follows several Big Tech platforms censoring a viral video from the group. Web hosting platform Squarespace has...

New CDC and WHO Study Proves “No Evidence” Face Masks Prevent Virus

Ben Swann's latest 'Reality Check'[1] looks at a new study supported by the World Health Organisation [WHO] that concludes that there is "No...

Censored America’s Frontline Doctors Press Conference – Video & Transcript

Not one week seems to go past without another major attack of censorship being unleashed in an attempt to silence discussion and knowledge....

Moderna’s Covid-19 Vaccine Set To Injure More People Than The Virus

All hail the magical Covid-19 Vaccine, it is our saviour, our only hope for a return to something that resembles normal. Well, that's how you'd...

Insider: Pentagon has ‘Off-World’ Vehicles Not Made On This Earth

We live in a year where just about anything seems possible, with all that has happened so far,  this latest revelation from a former Pentagon...

Stay Connected and Subscribe

Join our mailing list to receive the latest news and research material direct to your email. You can opt out at any time.

Thank you for subscribing!

Pin It on Pinterest