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.
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Facebook Getting You Down? – It’s Time To FLOTE!

Social networks have become an important part of modern society. They have become the very foundation of how information is transmitted and...

Facebook Outage – Information Blackout Or Technical Catastrophe?

Facebook and its other sister applications, Instagram and WhatsApp, have been down for the best part of the day. It took some time for Facebook...

More Vaccine Propaganda From The BBC & Van-Tam

When things are looking down and it looks like maybe things are not going to go your way, what do you? Well, if you are a psychopath you simply...

Two of the Fully ‘Vaccinated Female West Indies Cricket Team’ Collapse

In yet another 'One in a Million' or 'Coincidental' event, two recently vaccinated players of the west indies cricket team have collapsed...

Dr. Judy Mikovits EXPOSES The Virus! – The GREATEST Lie In History

In this two hour documentary film, Josh Sigurdson and Tim Picciott sit down with Dr. Judy Mikovits, one of the top researchers and scientists...

Detroit Pays $50 To Anyone Who Convinces Someone To Get The COVID-19 Vaccine

In what is ironically being called the 'Good Neighbour' Programme, citizens of Detroit can earn $50 if they can convince another to take the...

Nearly 40% Of Marines Have Declined Covid-19 Vaccine

Nearly 40% of US Marines are declining Covid-19 vaccinations, according to data provided to CNN on Friday by the service, the first branch to...

3 Vaccinated Nuns In Isolation Die Of ‘Covid-19’

Three sisters of the Northern Kentucky monastery have died and 28 of the 35 remaining sisters test positive for COVID-19 following vaccination....

New “Behaviour Hub” Indoctrination Programme To Increase Conformity In Children

The Secretary of State for Education, Gavin Williamson says lockdown has impacted on children's "discipline and order" and wants schools to...

A Special Kind Of Mask For A Special Kind Of Stupid!

Check out this new mask that 'researchers' came up with. It's a special kind of mask, for a special kind of stupid! I'm not sure what is more...

Stay Connected - Subscribe Today

Thank you for subscribing!

Pin It on Pinterest