Planned perfectly by the policymakers at the top of the economic pyramid...

Banking Crisis Alert: China Bank Losses May Top 400% of Subprime Crisis, Deutsche Bank $55 Trillion Derivatives Bomb Is Set to Explode… Hedge Fund Managers: Some Banks May Drop To Zero.
Investment Watch Blog
Feb 11, 2016
http://bit.ly/1V6MG7Q

[snip]

There was a story in the Yahoo Financial section yesterday about how Deutsche Bank was just fine, everything was great and they had enough capital to survive the end of the world…

It brought to mind the spin the MSM tried to put on Lehman eight years ago…when they say, don’t worry…that’s when you f*ckin’ worry!!!

The share prices of banks plunge worldwide on some historic lows. That could be a bad omen. Threatens a new financial crisis, which will be even more catastrophic than 2008/2009? – Hedge fund managers: Some banks may drop to zero.

In the interview, the founder of Global Macro Investor says that one or more banks could fall to zero are on the list of the distressed banks.:

German Bank
UniCredit SpA
Banca Carige SpA
Banco Santander
Bankia SA
Banca Monte dei Paschi
Royal Bank of Scotland
Barclays Capital