Deutsche Bank (Part II)
Unless the markets can take out its September highs, we could very well see a repeat of the 1987 Crash.
The euro “might start to unravel” if Deutsche Bank collapses according to respected financial journalist, Matthew Lynn. “It all has a very 2008 feel to it …” he warns and outlines his and our growing concerns about Deutsche Bank.
Some Headlines From Today
- Morgan Stanley's Gorman defends handling of Facebook IPO
- Spain says it has at least until October to raise enough funds to rescue Bankia
- Newly issued Mortgage Backed Securities see record low yields
- Weekly Jobless claims come in at 383,000
- New York City Will now tell you what to drink
- Goldman Sachs says it can't cut salaries any further...
On a long enough timeline
- China's Manufacturing PMI Plunges
- Your daily Biderman rant
- What does high yield credit know that stocks don't?
- Student Debt Bubble Delinquencies Surge
- I want to work at the Goldman Sachs
It only gets bitter from here...
ZH Chat starts hedge fund. Calls it the "G.O.A.T. Fund".
WE ARE THE GREATEST TRADERS OF ALL TIME!!!!!!!!!!
Winter of 2012: a scene from Dr. Zhivago, or Wounded Knee, or the last bar I was thrown out of - wha the hell - drinks all around, bring enough rope so we can hang each other. Last man standing, tough shit.
Zerohedge mentioned as being the only site that published this CBO whistleblower's full report:
Capital Account TV Exclusive Interview of CBO Mortgage Fraud Whistleblower (30 May 2012)
The whole chart is red.
It seems to me that critical world events are happening a faster pace.
I believe the pace will continue to accelerate until events will unfold
faster than governments can react to them and chaos will soon be
followed by collapse in financial markets and civil rebellion.
Time to prepare for these events is growing short.
Yes, as this news demonstrates, events are surely moving very fast ....
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