Deutsche Bank Collapse Inevitable, Prepare For Economic Armageddon

The German banking giant Deutsche Bank has lost more than half of its value since January and is now on the verge of collapse. The fancy financial instruments and derivatives that were used as collateral by banks that caused the crash of 2008 have all been scooped up, held and repackaged by the German bank. The German government does not have the means to bail out their biggest bank even if they were willing to. They have been snookered by the global banking elite, who have done nothing but prosper since 2008, crashing one bank after another while getting ridiculous amounts of bailout funds. The banking elite held the gun to the head of former President George W. Bush before he left office and demanded trillions of dollars to save the economy. President Bush obliged them in what was an act of great generosity. Obama later ‘saved’ the economy working with the same bankers. The greatest financial experiment in history is about to conclude as we enter its final phase. All eyes are now on the global banking elite and German Chancellor Angela Merkel. At least she is not like one of her predecessors from a generation back. We all [...]

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