Josh Sigurdson talks with author and economic analyst John Sneisen about the continued crash of Deutsche Bank as the once major bank is shrunken down to the size of a small lender. With a market capitalization of only a quarter of Santander’s, Deutsche Bank has seen better times. Their share value continuously hits record lows as the bank is forced to redo a living will for the Federal Reserve, is caught up in multiple scandals, has a massive derivative exposure and lays off 10% of its staff. The bank has attempted over and over again to rebrand themselves but they are simply preparing for the inevitable at this point. The day they close their doors. The crash of Deutsche Bank will be a domino effect felt around the world. A much larger crash than that of the Lehman Brothers with a radius of contagion much larger as well. We at WAM have been warning of the crash of Deutsche Bank for 3 years while everyone pretended that the bank will certainly prevail and make a comeback. Well, it doesn’t look like that’s happening in our lifetime. As the stock market continues to be shaken up by years of investor confidence and speculation, followed by uncertainty and a realization that it has no real fundamental value, this is a shock that is sending panic around the world as the everything bubble bursts. So it won’t just be Germany and the United States. This will be most countries in the world that will deal with this coming down turn. Be independent, self sustainable and responsible folks. It’s better to be over prepared than under prepared! Stay tuned for more from WAM! Video edited by Josh Sigurdson Featuring: Josh Sigurdson John Sneisen Graphics by Bryan Foerster and Josh Sigurdson Visit us at http://www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN’S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Stefan Aarnio’s NEW book ’Hard Times Create Strong Men’ here: http://stefanaarnio.com/strongmenjosh https://anarchapulco.com/buy-your-tickets/ Use Promo Code: wam to save on your tickets! World Alternative Media 2018 "Find the truth, be the change!"
- Category: politics,People,Finance
- Duration: 22:15
- Date: 2 months ago
- Tags: deutsche bank is done! - is this the lehman brothers 2.0?