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Dream that deutsch bank fails and triggers the start of collapse
#1
I dreamed that it was on TV where it was announced Deutsche Bank had completly failed and was no more and the dream stated it was the beginning of the collapse.
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Thanks given by: twiceblessed9 , Eagle1
#2
Aja, thanks for the dream! Not sure TV outlets would cover a story like that. I think they're going to be told to make everything look normal even as the ship goes down. But you know what, I could be totally WRONG! Keep the dreams comin'! Smile
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#3
Deutsche bank is in dire straits once again they are going get rid of 10 percent of their workforce about 10,000 employees and they have taken heavy losses this year and their stock is down to 12.06 today. They are sitting on trillions in credit default swaps and all of this is tied into some the world biggest financial institutions. It will be calamitous disaster when it fails...it will take down the financial system as you currently know it to be.
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Thanks given by: twiceblessed9
#4
Deutsche bank has been downgraded to credit rating of bbb from a minus which could start triggering the derivatives and it's stock fell below 11 dollars on Thursday. Everyone pretty much agrees when it goes down it takes the current world finanacial system with it.
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#5
Uranus in Taurus.....let the games begin!
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#6
Deutsche revenue report came out today and it was down 17 percent from last year and the worst quarter since the financial crisis began so we are getting closer and closer. They also didn't report that in one day of trading last quarter there was a 400 million loss in one day by one trader.
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#7
Deutsche bank's stock price hit it's lowest level ever at 10 dollars even today. When it falls below 10 dollars(according to Bix Weir) it will trigger the derivitives with other financial institutions which is going to be a problem. The report from Deutsche today is that revenue is down 65 percent in last quarter.
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Thanks given by: twiceblessed9 , Eagle1
#8
Deutsche is now down below 10 dollars at 9.73 us dollars today.
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#9
No signs of credit default swap house of cards coming down yet....If anyone finds any news, please share
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#10
We are getting very close, however it could come down at any time if the right thing goes wrong. It is the reason so many are going to get screwed so severely when it happens because it's gone on too long(the propping up of the markets) they think it's never going to happen. When Deutsche fails there will be a credit market freeze(no credit)...so how many people are going to be buying news cars, then? The sales of new vehicles are down a lot this whole year worldwide, anyway. There goes a good portion of the rest of USA manufacturing right there with a credit freeze. Grocery stores depend on credit to gets the food shipped to them and to pay employees, hmm, I wonder what is going to happen then? I think most businesses in usa and worldwide don't have 6 months for them to reset the credit lending and the world is drowning in debt, anyway.
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#11
Despite the stock market going higher today car sales are still down and general motors says they may layoff up to 18,00 employees. Deutsche bank is up above 10.50 today but it still is in mess that it will not be able to get out of even if there is any type of bailout....and the whole world couldn't bail it out. I just updated it last time to wake people up to where this thing is headed...I didn't say it was going to happen next week but don't get to cheery about the rigged stock market it is all a giant ponzi scheme. Stock can do well but the economy sure isn't 3.9 percent unemployment they...yeah, right it's more like 30.9 percent unemployed.
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#12
Thanks for keeping us updated Jaws!
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#13
Deutsche bank is in legal trouble once again just check zerohedge 2 days ago. It has hit an all time low of 9.23 today already and precious stock market has fell significantly the last 2 days.. we are not ready yet but it's getting there closer and closer.
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Thanks given by: Eagle1 , twiceblessed9
#14
Deutsche bank is now down to 8.90 a share in US dollars and the bond yield curve has inverted which means the stock market will have a hard time staying where it is at right now. Just look on you tube what it means for the bond yield curve to invert.
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