"The Currency of the Elite is Gold & Silver Don't sell your Gold don't sell Your Silver " Pastor Lindsey Williams

Friday, December 13, 2019

Trump Threatens Russia with More Sanctions over the Nord Stream pipeline irritating Germany/Europe


Trump Threatens Russia with More Sanctions over the Nord Stream pipeline irritating Germany/Europe






U.S. Senate and House committees have agreed to include a bill sanctioning Russia's new natural-gas pipeline to Europe into the National Defense Authorization Act (NDAA), putting up a potential roadblock to the project’s completion. The House and Senate are expected to vote later this month on the NDAA, which often becomes a vehicle for a range of policy initiatives, as it's one of only a few pieces of major legislation that Congress approves each year. The proposal attached to the bill that addresses Nord Stream 2 would impose US sanctions on any companies helping Russia lay the $11 billion pipeline. Nord Stream 2 is a new export gas pipeline running from Russia to Europe across the Baltic Sea. The route covers over 1,200 kilometers. The total capacity of two strings of Nord Stream 2 is 55 billion cubic meters of gas per year. The aggregated design capacity of Nord Stream and Nord Stream 2 is, therefore, 110 billion cubic meters of gas per year. This $10.5 billion project, which runs parallel to the existing Nord Stream pipeline, has been spearheaded by Gazprom and five European energy companies and is reportedly nearing completion. It's expected to double Russian gas shipments to the EU's biggest economy Germany. Germany is The biggest foreign buyer of Russian gas. In 2018, Germany set a new record for Russian gas purchases at 58.5 billion cubic meters. At present, Germany is Gazprom’s largest export market. Gazprom cooperates with German companies along the entire value chain, from gas production in Russia to gas deliveries to end consumers in Germany. The cooperation also covers sports, social, and cultural projects. Russia and Germany are connected by extensive gas transmission routes: Yamal – Europe and Nord Stream. The transnational Yamal – Europe gas pipeline traverses four countries, namely Russia, Belarus, Poland, and Germany. Its annual capacity is 32.9 billion cubic meters of gas. The Nord Stream gas pipeline is built across the Baltic Sea. The pipeline delivers Russian gas directly to Europe, bypassing transit countries. Its annual capacity is 55 billion cubic meters of gas. The Nord Stream 2 Pipeline will ensure safe and stable supplies of gas to Europe. Washington fears this will give Moscow significant geopolitical leverage over Europe while also punishing Ukraine. Nord Stream 2 would begin operation in mid-2020. Even with the effective 90-day grace period allowed by the U.S. sanctions, the last 168 kilometers of each of the two strings of the pipe may not be laid by the time the punitive measures kick in. It’s unlikely that the Swiss-based contractor now working on Nord Stream 2, will defy the U.S. restrictions if it’s not done in time. Then, Gazprom will need to use the only pipe-laying vessel it owns, the Academician Chersky, to finish the job — a slow and iffy scenario, even if Russian Foreign Minister Sergey Lavrov says Nord Stream 2 won’t be halted. A straight path from Russia to the EU without going through Ukraine or the Baltic republics is a thorn in the eye for the USA and NATO. Any gas flowing through there could be switched off by Brennan, Clapper, or some other neocons, to hold half of Europe hostage. How dare Europe to control their own fate. How dare they! The sanctions on Russia have been a total failure from the start. Trump is a complete idiot to think that was ever a good idea. Western Globalist financiers oppose Nord Stream. Trump is a minor actor with a bit role in this affair. Trump does not command bipartisan support in Congress. Another entity has already purchased that. Russian President Vladimir Putin’s grand plan of supplying gas both to Europe bypassing Ukraine and to China through the just-opened Power of Siberia pipeline can no longer be scuppered. This is the energy needed by the German economy. As the German economy goes up, it needs a lot of energy. Nuclear and coal power stations are closed, so they have only one reliable source of energy left - gas. No matter how carefully the U.S. sanctions are crafted to spare European allies, Germany is still irritated. On Thursday, German Foreign Minister Heiko Maas tweeted in response to the US measures that “the European energy strategy will be decided in Europe, not in the US We fully reject external interference and extraterritorial sanctions.” Theoretically, the European Union could even retaliate by raising duties on American LNG. The Trump administration is not known for its ''common sense''. They think shipping LNG across a vast ocean and charging three times more than pipeline gas from our neighbor will be accepted by Europeans. The US is selling LNG to Europe at a higher price. Congress has simply embarrassed themselves once again. The Russkies are never going to cut off the gas as long as Germany pays, and Germany knows it. Even during the cold war, the Russians always delivered. That's how reliable they are. Can't say the same about Americans that weaponize everything. I'd say time to send the troops in Ramstein back home, except, of course, all Trump would do, stick them in Poland and make things even worse for both Germany and Russia. That's the design. The US creating chaos and destabilizing countries. Welcome to The Atlantis Report. The long-threatened U.S. sanctions against Nord Stream 2, Russia’s $10.5 billion natural gas pipeline to Germany, will finally take effect next week, but their timing and design can only slow down the project’s now-certain completion. Even so, Ukraine, the primary injured party from the new pipeline, is grateful for small favors from Washington. The sanctions — crafted by Senators Ted Cruz, Republican of Texas, and Jeanne Shaheen, a New Hampshire Democrat — have been attached to the 2020 National Defense Appropriations Act, which already has been approved by Congress; President Donald Trump has promised to sign it. The State and Treasury Departments will have 60 days to present to Congress a list of vessels involved in the construction of Nord Stream 2 and another Russian pipeline, TurkStream, and of people and firms that provided these ships. Those people and entities will have 30 days to wind down their business, or they will be barred from entry to the U.S. and could have their assets frozen. Sanctions are the modern version of laying siege to a country. After World War 2, European countries became vassal states to the Military-Industrial Complex and the US banking cabal. They've been on their knees ever since. Maybe their people are tired of living on their knees. For the past couple of decades, Russia has taken steps to isolate themselves as much as possible from the US Dollar and the Fed syndicate, which is why the CIA spooks Military-Industrial Complex and Bank cabal hate their guts and consider them their enemy. I think many of the vassal states are taking notice. War! Threatening the Nord Stream equals to threatening the EU energy security. Ukraine could make a lot of money by building new pipes increasing transit, but they have to do what the US tells them to do and have no right now for a pro-Ukranian position. Only pro-US. Germany, France, and Russia could create an entente that would operate over the heads of the EU countries, and replace the US as a rules maker. I think Kohl has/had this in mind. Combined with China, at least in operational matters -- like evading SWIFT and the dollar monetary/economic dog collar -- these powers could make a truly multi-polar world. Their combined military/"green man" capabilities could create an impossible whack-a-mole challenge for a nation already crumbling due to the vast sums spent on "defense." Which is in the interest of the vast majority of American people, rather than the professionals who run US foreign policy. According to recent surveys, the general population in Germany sees the USA as the most significant foreign threat. A majority of Germans want good relations with Russia. Especially the Industry wants to trade with RU. Everything else is transatlantic propaganda. I suspect every country has the same sentiment ever since Americans showed they were untrustworthy and unscrupulous by voting for someone as laughably undignified as Donald Trump . With the exception of Russia, North Korea, and Saudi Arabia, who have benefited mightily from his Presidency. Since 1945 and Bretton Woods, the USA had a captive audience. That is changing. Exxon and Chevron and all the rest of the US companies get US military backing to plunder the planet for energy resources, while Russia is a "terrorist country" for selling its own natural gas from within its own borders to a willing buyer. "The American Way," established in 1945. Every day. Every topic. Every country. The US cartel wants to know what's in it for them. 'We're protecting you from your neighbors, now pay up, or you'll never see your family again.' Look at it this way: with US deficit at $1.2 trillion, every cent of the US Defence budget is borrowed - it is someone else's money. Every USAF airforce plane, every nuclear sub, every US marine, every US Navy ship, every bomb, every US Army vehicle, every gallon of gas the US military consumes - its all borrowed money. Let me paint you this picture: Nordstream 2 bypasses Ukraine and its energy company Burisma. Germany buying directly from Gazprom is bad for Burisma. Congress votes BIPARTISAN on sanctions against Nordstream, which will benefit Burisma. Bidens are deeply involved with Burisma, probably a whole many more Congress critters. Impeachment will go away now that the votes have been BOUGHT for sanctions against Nordstream It was never about Trump this or Biden that it was only an open market for votes on this massive spending bill, which includes the sanctions. "Mammoth 2020 NDAA of 738 billion." How many career politicians are on the take, Now honestly. Give your heads a shake and try and figure this out. See how the cookie crumbles and how deep the rabbit hole goes. Why are Clintons never being charged for the apparent fraud and corruption gig they are running with the "Clinton Foundation." When it comes to business and politics, one crow doesn't peck another crow's eyes. Wake the hell up, people! You've been had. Ham-fisted Trump is so transparently in bed with the petrodollars bankers. They’re in every orifice. Even during the coldest days of the Cold War, Europe bought gas from Russia. It was a mutually benefiting cooperation. The Cold War is over (despite NATO trying to reignite it). This new gas relation with Russia is again mutually benefiting both Europe and Russia. The sanctions against Russia are only hurting European businesses. Europe is waking up to the "screw the EU" agenda of America in Europe, and Europe is now saying "eff the USA." Brexit is a done deal. The US basically killed the WTO. Europe will definitely move East. I highly doubt that Trump knows the USSR supplied gas to Europe all during the Cold War. There was never a problem. Europe paid for the gas, and Russia delivered without fail. Until the USA started stirring up the mess in Ukraine. The US does not want an independent Europe. The US wants control of its lapdogs. The more the US tries to force and dictate it's dominance over others, the faster it will lose the few allies it has left. This push to always choose the path of confrontation is strange and self-defeating. The US sure knows how to make enemies. The US passes sanctions on Nord Stream 2 and has nothing to offer Germany in place of it. Really Dumb beyond belief! Germany and Russia will complete the pipeline, and there isn't anything the US can do about it. Expect the US to lose more trade with Germany in return. Trump's goal is for the USA to become the most hated nation on the planet. So far, he is very successful. This Was The Atlantis Report. Please Like. Share. And Subscribe. Thank You.








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Monday, November 18, 2019

3 Banks gone Bust Within the past Month -- Bank Failures & Bank Runs Alert in America







Three banks in America have gone bust within the past month. The Banks that went bust are City National Bank of New Jersey, Resolute Bank of Ohio, and Louisa Community Bank of Kentucky. But many other banks are struggling anyway, in an era of low-interest rates and hot competition. The more margins stay low; the more likely banks are to move into unsuitable areas to boost them. Many companies are already carrying more debt than they can handle, while households are showing signs of strain, too. The latest survey carried out by the New York Federal Reserve, released last week, showed record-high consumer loan balances and worsening delinquency trends in car loans, student loans, and mortgages. Granted, the three bust banks are just small canaries in the coal mine. It is however interesting to notice that, the last time there were zero US-bank failures was 2006. In 2007 there were exactly three, just like this year . What happened the year after that? No one needs reminding.We all know what happened in 2008 , don't we !. Welcome to The Atlantis Report. Three Bank Failures Open New Chapter in The Never Ending Financial Crisis . More than 10 years have passed since the collapse of Lehman Brothers, which burned almost $10 trillion in market capitalization in global equities within a month. Back then, it was determined that banks, large and small, had gotten themselves into trouble with mortgage-backed securities, the price of which turned out to be significantly overestimated. The latest bank to go bust is the City National Bank, a seven-branch bank headquartered in Newark.As of September 30, the bank had about $120.6 million in total assets and $111.2 million in total deposits. City National Bank in Newark, the only black-owned bank in New Jersey, closed Nov. 1 after federal officials said it was losing money quickly due to unsafe or unsound practices. The Office of Comptroller of Currency acted after the bank “experienced substantial dissipation of assets and earnings due to unsafe or unsound practices," according to a press release. It also cited the bank’s failure to submit a capital restoration plan acceptable to the office. Federal officials appointed the Federal Deposit Insurance Corporation (FDIC) as the receiver for the seven-branch bank, according to a statement. There was no notice of the impending closure. It’s the fourth bank to fail nationally this year and first to close in New Jersey since January 2017, when Harvest Community Bank in Pennsville was shuttered. 2019 bank failures begin to pick up steam as three banks failed in just one week's time this month. City National Bank has failed, Resolute Bank has failed, Louisa Community Bank and Enloe State Bank all have failed so far in 2019. There was actually zero bank failures in 2018. This is something to keep an eye on as this rush of regional bank failures gets underway. Jim Willie mentioned in a recent interview the scuttlebutt that Credit Suisse is in trouble, and what I did not know. They also have the same access to the the FED discount window that US banks do since it is somehow incorporated here even though it’s Swiss. Some such thing or other. So yeah, the FED is definitely lender of last resort for the world. That's why the Fed is bailing out these banks at the tune of a hundred and twenty billion; not million; billion a day; every day. That is a bail to these stinky bankers at a hundred and twenty billion per day. The Plunge Protection Team has actually many accounts scattered across many banks. Most likely, the REPO window is a way for the FED/Treasury to fund the Plunge Protection Team banks. In addition, many different banks are in on the Gold/Silver suppression racket. So the Plunge Protection Team is also funding the Gold/Silver Open Contracts. The REPO market is funding, via new FIAT, the FED manipulation of both the Market and Gold/Silver. If the REPO continues, and it will, the system is going to break. When that happens, the FED will go to congress for more "not QE." Gold/Silver will go berserk, based on what happened in 2008-2009 when Gold hit $1900. Funny that in America the politicians along with their bankster bum buddies can destroy the middle class when they sold out to communist China and the Globalists but the Fed is still allowed to continually bail out and subsidize the totally corrupt banking sector. No real money is going into infrastructure or other beneficial efforts. It's actually gotten so bad from an investment point of view that nobody reinvests in their companies. It all goes to the top tier executives and share buybacks. And to top it off every taxpayer has to listen to the propaganda that the economy is the greatest ever when we all know that the GDP and U3 numbers are fake. It's a very sick two headed party monster running the show in Washington through total manipulation. Don't forget one item which is the most important of all. All government numbers are now fake because of The Federal Accounting Standards Advisory Board Standard 56. They can legally give you any numbers they want for any government department for national security reasons. It's just the same as what they just did when the missing $21 trillion was found. That's on top of the current deficit and likely a lot more has been printed and used in the secret ESF or Exchange Stabilization Fund that can't be audited just like the Fed. The bloated deep state is still hanging on though. Anyone who is numerate and understands basic economics can see that we are nearing the end. As the financial economy becomes ever more detached from the real economy - polarizing wealth - there will be a backlash. The backlash will be in the form of stagflation as Governments are forced to use fiscal policy to contain widespread unrest. It is this fiscal policy that will be used like US 'pork barrel' politics to buy off voters. The result will likely be unprecedented stagflation that the central banks are unable to contain without destroying the bond market and massive corporate defaults. In the meantime, the Fed will continue to extend and pretend as there is no exit strategy short of a miracle discovery of some as yet unknown new resource that can offset the debt. We know the Fed is waiting until November. Meanwhile, Europe has already started QE. Printing up $20 billion a month. But that’s nothing compared to what is coming. The repo panic is the first step towards total chaos (in a banking system that is currently on the verge of collapse). Both Deutsche Bank (with their $50 trillion in derivatives) and Commerzbank are down 95 %. There is no chance they will survive. Only massive money printing can keep the fiat system afloat. And when it all finally ends. The debt these banksters have created will be written off. But in a world of paper. What will all this paper debt be written off against? Written off relative to fiat paper? no. All the paper debt will be written off relative to gold. more than likely, all the paper debt will be written down 95% against gold”! Anyone with half a brain can see where this is headed. The Fed had no choice but to do repos because liquidity in the system was beginning to seize up. The only time banks are making money is when they are lending it out. But the problem is, they can’t lend it out fast enough to pay off the debt that is steamrolling behind them. For all intents and purposes, the banks are in a death spiral they can’t escape. History indeed does repeat itself. When this happened before, in 1929, the panic caused the markets to crash, and banks called their notes due, grabbing every hard asset they could get their hands on. But today, the idea of cheap money has lured people into the biggest debt bubble in history. Money printing may delay the collapse, but it can’t stop it. We are in for a rude awakening. The thing with bank-runs is, they usually accelerate before there is a lockout. I'd be surprised if the banks have coverage of anything more than 1% of their total exposure. The root cause of this is derivatives, which allowed them to engage in unsafe banking practices and blow out the debt to catastrophic levels. The Glass-Steagall Act protected us until Congress finally voted it out. So we can clearly hold our elected officials responsible for this. This was all planned well in advance. QE has started in a big way. They can’t let debt default, and they cannot let rates rise. QE used to be an emergency measure. But it happens all the time now. The prior round was never fully unwound, and rates were never normalized, no matter what the talking heads say. Now they're embarking on another round of QE, so in reality, this has been continuous QE since the crisis; since the balance sheet was never entirely undone. There was just a 'lull' in the program for a few years before they went back at it again; now. It was known, and said, back at the beginning of the crisis when the Fed embarked on this, that QE would become a standard component of their 'toolbox' (which is basically nothing but printing money) and their claim to have succeeded with the prior rounds of QE has emboldened them to think that there are no consequences to these actions...however, there are two things that should be noted. #1. Inflation never comes when it's to be expected, and it also doesn't always show up in ways that the Fed likes to acknowledge. #2. Once started, it would be unusual and difficult to ever fully undo the damage from the first rounds of QE, so don't for one minute think that now that it's begun again that it will stop. QE is here to stay. There's no way they can remove the punch bowl without the threats of a market crash, etc. They started something that cannot be stopped, and people warned about this back when Bernanke started it, that it would never end, and it won't. It was a hit job then, and it'll be a hit job this time. So they can keep this up for nearly forever, China trade deal on, off. on, off.on, off. Rates , up, down. QE coming back, not coming back, coming back, not coming back. You get the idea. Every scenario is accounted for, and then the wheel is spun bets are laid down; NO MORE BETS is called, and then they go to work knowing in advance due to the computers and the magnets and other tech stuff exactly where to stop the wheel at maximum pain and maximum fleecing. They can predict what the best outcome is both for maximum mark extraction and psychology so much, so the marks start screaming for the QE that's slowly eating the flesh of the real economy. Rinse and repeat until all real value is gone, everyone is broke except an anointed few and then bail and leave the plebes to the commies with Artificial Intelligence. There's no fixing this, and not just because this can't be fixed. The economic collapse is coming, once faith in the US Dollar evaporates, then it will be like a Mexican standoff, everyone trying to exit through the same door. This is the end-game for the unelected rulers – The International Bankers have officially bankrupted the World. That was indeed their collective agenda from the get-go – to load the system with unrepayable Debt whilst ensuring that every Hard Asset is collateralized . They control the available resources of the World at any given moment. Everything required for a re-start.









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Tuesday, November 12, 2019

The Epic Collapse of Deutsche “Bank". But Other European Banks will follow.









Deutsche Bank, the bank of derivatives and the favored BANK FOR OLIGARCHS both AMERICAN and RUSSIAN ; is in severe and significant trouble. But Deutsche Bank is not the only European bank tottering. Société Générale and ING are cutting their investment banks. HSBC is laying off several hundred people across its transaction-banking units. USB and Crédit Suisse have sacrificed their investment banks in favor of wealth-management businesses. By contrast, the 5 top investment banks by European revenue are JP Morgan, Goldman Sachs, Citigroup, Bank of America Merrill Lynch, and Morgan Stanley. They are closing the gap between them and their European counterparts. Deutsche Bank also seems to have the most exposure to Chinese banks. But I’m sure that will work out well. I mean, what could go wrong, right? Welcome to The Atlantis Report. This is all Déjà vu! "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." Yeah, the American taxpayer has heard it before, that it is time for bilking him again through the FED and the Administration. Funny, they hate "Derivatives" at the end, though they dive into the same Derivatives with gusto at the beginning. Either stop the Derivative games or, if you don't want to, then use the pathway already built into the rules for handling failures in derivative trading. Don't drag tax money into it and reduce its value by printing more money with QE and bailout, BECAUSE YOU DIDN'T ASK TAXPAYER FOR ANY PERMISSION when you jumped into the derivatives in the first place. If the taxpayer was an uninterested, uninvolved third party, in the beginning, he is still an uninterested, uninvolved third party in the end too. Deutsche Bank is the largest bank in Europe is sitting on about $49 trillion in gross derivatives exposure. Though netting this amount results in it being substantially reduced, on days where markets are on a tailspin, the portfolio causes outsized losses, like the 6.8 billion euro the bank took last year. It is not going to be pretty when it goes under. If things got to such a state, either Deutsche Bank would be bailed out by the German Government, (although this is not allowed by EU law, I believe), or a merger/take over by another Greman bank would be “arranged.” On the 7th of July 2019, Deutsche Bank announced it would cut 18,000 jobs and shut its global equities sales-and-trading business. Ouch! Deutsche Bank is the latest European bank to be on the blink. How did it come to this? Up to the 2008 banking crash, Deutsche Bank was a leader in bundling up homeowners’ debt into huge packages and selling them to investors. This led to the infamous “sub-prime debacle.” When things went south, Deutsche Bank continued to sell toxic products, but then bet against them via derivatives. Neat! It did not cut bloated and risky operations. Although there were write-downs and fines, the structural problems were not addressed until this year. It has been finished off by slow economic growth in Europe and negative interest rates. Equity capital now has to be raised on terms that will destroy much of the shareholders’ value—at present, shares are selling at 25% of the book value. Deutsche Bank is on the hook, just like all of the other casino players. If Deutsche Bank bought the sunshine and lollipop story in the 2011 to 2013 period about normalization and one of the 19 financial firms in that 2013 Obama meeting promised that the rigging would go their way, they are screwed. Derivatives on interest rates I assume are deadly. And most of the largest “too big to fail banks” in the United States have profound 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. On July 7th, they really shook up investors all over the globe when they laid off 18,000 employees and announced that they would be completely exiting their global equities trading business. When they laid off 18,000 employees...' cuz that will fix their failed investments? This bank will either be bailed out, or it won't. But what is the point of cutting payroll when you are talking about Trillions in potential losses? Think about it. Do the bankers not grasp the scale of the issues at stake? Because, if they did, they would not be yanking around with their employee's puny incomes pretending layoffs mean anything in the context of such a massive liability. And even the optics of such a move make no sense. This is begging for people to cash out, sending signs of instability just as one would want to show strength and confidence (even if the crisis were out of control). The whole story makes one think either 1) that rank incompetence is at work or 2) that we are all being played. If there is a chance for one company to re-enact Lehman style panic, it is Deutsche Bank. Making it worse is that Deutsche Bank is far, far more significant than Lehman (in fact, its derivatives book alone is about 11 times the size of Germany’s output for a year). Donald Trump’s relationship with Deutsche Bank began in 1998 when he negotiated and received, a loan for $125 million for construction of the Trump skyscraper located at 40 Wall St. At this point in his rocky financial history, six separate corporate bankruptcies related to Trump had been declared, and no other financial institution would grant the brash real estate mogul any credit. Deutsche Bank took over Bankers Trust in 1998, and the only way to meet its ambitious earnings goals was to be aggressive under its new management. Still, Trump had to be grateful to his new lender. Through the years, he sought more loans from Deutsche Bank. It should be noted that Trump sued Deutsche Bank in 2008 when it called in a big loan that Trump had personally guaranteed to the tune of $40 million. Ultimately, they settled, and the relationship continued. As the New York Times pointed out in an article, “Mr. Trump’s business has made the bank money.” Not long after the nastiness of the 2008 countersuits, Trump’s business with Deutsche Bank moved from the bank’s commercial real estate lending division to its private wealth division, where executives were more willing to deal with him. Trump’s wealth manager at Deutsche Bank, Rosemary Vrablic, specializes in real estate and is close enough to Trump and his family — both Ivanka Trump and Jared Kushner are clients — that she was invited to attend the inauguration last year. In the past six years, the Deutsche Bank private wealth unit helped finance three of Trump’s properties, including a golf resort near Miami (Doral), a new hotel in Washington DC, and Trump Tower in Chicago, all of which include personal guarantees by Trump. He and his organization currently owe Deutsche Bank over $300 million. Trump’s 2017 Financial Disclosure form reflected two Deutsche Bank Asset & Wealth Management accounts. Management A/C 1 is a brokerage account that lists 71 assets (stocks), and Management A/C 2 is a bond account that contains 44 separate assets or bonds managed by Deutsche Bank for Trump. The value of these assets is difficult to ascertain since they are only listed in a range, but a conservative estimate would be a minimum of $100,000 and a maximum of $10 million. This form does not address any possible use of tax shelters, nor does it indicate the ownership and/or use of any offshore bank accounts. Income tax returns would be required to determine the above — and the president has refused to disclose any tax returns to date. The form also does not educate the reader as to whether any of the massive loans provided to Trump by Deutsche Bank have been sold or transferred to another financial institution, e.g., Vneshekonombank (VEB), as rumored in media reports in early December 2017. In my opinion Deutsche Bank fall from grace began on 6-4-1999 when it acquired Bankers Trust Company (BTCo) that promptly joined the Federal Felons list (SDNY- 250-CR-1999), Their fine was $19 million which capped Deutsche Bank’s criminal liability with their ‘Uncle’ picking up the rest of the tab that became exceedingly pricey but still less than a BTCo bailout! The ‘banksters’ at BTCo had been a booster of Enron under CEO Frank Newman and handled many ‘transactions’ for them. And let's not overlook that Enron's stock’ was one of the top 10 holdings in BTCo’s Trust Accounts! Wonder how that worked out for the Trust Accounts? Of course, we can surmise that BTCo made out Ok! BTCo and Deutsche Bank are serial felons and criminals and, as such, should not be serving in any Fiduciary Capacity whatsoever! However, some how, by means of the ‘Magic Circle’ and ‘Silver Circle’ of shysters, they work their magic! Notwithstanding, the US Labor Dept has, for years, given them “Free Passes” in the form of ‘Rubber Stamped Exemptions” so that they may continue to “manage” the Trillions of dollars in ERISA Pension Funds that they control. When does this scam stop, and when is there total accountability! Deutsche Bank is merely an ATM for the Federal Regulators! Felons/Criminals are prohibited from being Fiduciaries – The Emperor Has No Clothes! Since Deutsche Bank rigged LIBOR, they must think they can rig anything! Can you imagine ! a derivatives book of $49 trillion! Wells Fargo couldn't handle a mere 10 billion in derivatives. Deutsche Bank probably has 20% in nonperforming loans. The French bank BNP has basically pulled out of Italy. The rumor is they have 40% nonperforming loans there. We are talking about EU banks here. The Feds bailed out the American banks and gave them a free ride, which is why I get .004 percent interest on my so-called savings there. The crash is coming make no mistake about that. Our US Dollar will be worth something, maybe nothing like before but spendable. I can't say the same for the EURO, RUBLE, or YUAN. Perhaps a small mountain will be left, but the US Dollar will be on top. All they need to do is dump all their treasuries and all their stocks and all their oil holdings also, if they have any, and everything will be just fine, won't it? Or should I ask, is this the plan? Dump everything causing massive deflation to the stock and treasuries? And the oil markets? In other words, is Deutsche Bank the new tool they will use to shatter the world markets as they have never been broken before? I believe the free money creation is injected into stocks, treasuries, and oil, which caused inflation in the markets. The opposite effect is exact also, withhold the money and we will see deflation as we've never seen it before. The results? A total collapse of the world economies and massive layoffs in government; since there will only be capital losses to live on instead of capital gains. Is Deutsche Bank the newest scapegoat. What did Warren Buffet call derivatives, weapons of mass economic destruction? Hard to believe that the derivatives market has only been around 20 years and will ultimately be the vehicle that brings down the entire system. How do you unwind 49 trillion in derivatives? You don't. We can thank Larry Summers and his band of merry idiots for this one.












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