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Saturday, August 3, 2013

Economic Collapse News 080113 / Mega Bank Failures Coming?


Jim Willie: If Deutsche Bank Goes Under It Will be Lehman Times Five! - Deutsche Bank owns $25 trillion in OTC swaps with the Central banks and other major banks, so expect a daisy chain of derivative failures for the $1.6 quadrillion derivative market if it were to fail! Deutsche Bank cannot break down by itself.  It would result in the complete breakdown of the European Monetary Union!
http://www.silverdoctors.com/jim-willie-if-deutsche-bank-goes-under-it-will-be-lehman-times-five/
My website: http://signsoftheend.net/

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