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Details zum Eintrag A Bank With $49 Trillion In Derivatives Exposure Is Melting Down Before Our Eyes
Eintrag
22.07.19 8:45 [Zero Hedge] Welt - Weltwirtschaft (E)
A Bank With $49 Trillion In Derivatives Exposure Is Melting Down Before Our Eyes
Could it be possible that we are on the verge of the next “Lehman Brothers moment”? Deutsche Bank is the most important bank in all of Europe, it has 49 trillion dollars in exposure to derivatives, and most of the largest “too big to fail banks” in the United States have very deep financial connections to the bank. In other words, the global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes. For years I have been warning that this day would come, and even though it has been hit by scandal after scandal, somehow Deutsche Bank was able to survive until now. But after what we have witnessed in recent days, many now believe that the end is near for Deutsche Bank.
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