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Michael Snyder: A 918 Point Stock Market Crash In Japan And Deutsche Bank Denies That It Is About To Collapse
Posted By: NaturalWisdom Date: Thursday, 11-Feb-2016 14:36:41
www.rumormill.news/39858
In Response To: Banking Crisis Alert: China Bank Losses May Top 400% of Subprime Crisis, Deutsche Bank $55 Trillion Derivatives Bomb Is Set to Explode (NaturalWisdom)
A 918 Point Stock Market Crash In Japan And Deutsche Bank Denies That It Is About To Collapse
Michael Snyder | The Economic Collapse Blog
Feb 9, 2016
http://bit.ly/20OFq7E
[snip]
A lot of analysts have been very focused on the downturn in China in recent months, but I think that it is much more important to watch Japan right now.
I have become fully convinced that the Japanese financial system is going to play a central role in the initial stages of this new global financial meltdown, and so I encourage everyone to keep a close eye on the Nikkei every single night.
Meanwhile, the stock price of German banking giant Deutsche Bank crashed to a record low on Tuesday. If you will recall, Deutsche Bank reported a loss of 7.6 billion dollars in 2015, and I wrote quite a bit about their ongoing problems yesterday.
Things have gotten so bad that now Deutsche Bank has been forced to come out and publicly deny that they are in trouble…
Deutsche Bank co-CEO John Cryan moved to quell fears about the bank’s stability Tuesday with a surprise memo saying its balance sheet “remains absolutely rock-solid.”
The comments come as investors grow increasingly nervous about the health of European banks, which have taken a hit on the fall in energy prices and which face rising concerns over their cash levels.
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Articles In This Thread
- Banking Crisis Alert: China Bank Losses May Top 400% of Subprime Crisis, Deutsche Bank $55 Trillion Derivatives Bomb Is Set to Explode
NaturalWisdom -- Thursday, 11-Feb-2016 14:33:16
- Michael Snyder: A 918 Point Stock Market Crash In Japan And Deutsche Bank Denies That It Is About To Collapse
NaturalWisdom -- Thursday, 11-Feb-2016 14:36:41
- FEMA Is Beta Testing a Bank Holiday on Feb 18 & 19 As the Economy Nears Collapse
NaturalWisdom -- Thursday, 11-Feb-2016 15:03:28
- I BELIEVE OUR BANKS AND POST OFFICES WILL BE CLOSED THIS MONDAY FOR PRESIDENTS' DAY
food4thought -- Friday, 12-Feb-2016 16:14:16
- Negative Interest Rates Aimed at Driving Small Banks Out of Business and Eliminating Cash
RumorMail -- Friday, 12-Feb-2016 14:42:33
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