A Bank With 49 Trillion Dollars In Exposure To Derivatives Is Melting Down Right In Front Of Our Eyes
July 21st, 2019Hint: Deutsche Bank was buying the worst of the toxic waste that Lehman was generating before the last financial crisis.
I wonder how much of that stuff is still burning a hole in Deutsche Bank…
Via: Economic Collapse Blog:
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.
