The Lindsey Williams Blog : This Blog tracks the media appearances of Pastor Lindsey Williams and his interviews about , Oil prices, Alaska Oil and The Energy Non Crisis
Monday, July 22, 2019
Bank Runs coming to America - Be Prepared !
The Banks in most western nations are vulnerable to bail-ins . Pull you money while you can, the IMF is coming after it. When and not if Deutsche Bank goes bust, it will take down the EU with it , And the rest of the world will follow . Deutsche Bank is the most important bank in all of Europe, it has 45 trillion dollars in exposure to derivatives, I mean , what entities can cover 45 trillion Euros!!! . Even if only 10% of that total tranche is bad, that's 70% more than the Fed's balance sheet. We all know the high-risk derivatives aren't 'only' 10% of total set of dominoes. That half-trillion-dollar 'bad bank' thing is basically legalized Enronics . This so called Deutsche Bank - is the equivalent of 500 megaton bomb, and its timer is accelerating to 0... Boom! . The so called 'restructuring' is only about biding time, calming the financial markets (maybe even lulling the market to sleep for a bit). No one wants to look under the hood if they don't have to , no one did five years ago when the massive problem was already festering and evident. 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 Deutsche Bank has coverage of anything more than 1% of their total exposure. I'll throw out a number: 200. Yes 200 days before Deutsche Bank runs out of liquidity and the ability to fund its rent on liabilities and closes its doors , maybe another 50 after that before the ECB goes insolvent rehypothecating bonds to bailout Deutsche Bank and needs a bailout in Special Drawing Right (SDR) , though not before bond yields hit the moon and hyperinflation in the Eurozone takes hold. Get your money out ! It is not earning anything at all, and the risk is mounting. If you do not take it out the Banks will steal it . If Deutsche Bank goes down,it will bring down with it BNP of France ,and you will have about two weeks before the US banks declare an unscheduled banking holiday. There is an ever growing threat of a Cyprus style "haircut" in the US. Few years ago Cyprus closed their banks and when they re-opened accounts below 100,000 Euros were missing 40% and those above 100,000 Euros lost 60%. this is what is called a Bail-In . The European community quickly and quietly passed laws to do the same theft if they deemed it necessary. The US waited about two months and quietly passed similar legislation. The European community just changed the rules by abolishing any and all deposit insurance. Actually it is worse than that because if the bank is totally insolvent they can take every dollar in the bank , and if that is not enough they can come after the depositors for the balance. With fractional reserve banking allowing banks to loan at 30 times the deposits also means if 1/30 of the loans go sour the bank is barely solvent. If 1/15 of the loans go sour the bank is totally insolvent. What makes this worse is the small banks are already at about 40 to 1 and the big banks are pushing 60 to 1. The last I heard the Federal Reserve Bank that prints our money is at 77 to 1. The "Great Recession", 2nd Depression caused the treasury to borrow trillions to loan to the large banks to increase their reserves because they were insolvent. The key words are the banks were insolvent and only the intervention by the US treasury and Federal Reserve Bank kept the entire banking system from collapsing in 2008 , 2009. Obama did this in a way that the taxpayers are on the hook to pay it back. Since 2008 , 2009 ,nothing has changed for the better within the banking system, if anything it has grown worse. As I said before the Europeans no longer have deposit insurance. The day the US passes legislation to do the same , I suggest you be first at the bank to cash out your account or better yet immediately begin to reduce your account to cash in hand slowly and buy precious metals with that money. The banking system is a house of cards which is being held up by the Federal Reserve Bank who prints money based upon loans they have made to the treasury and big banks. If the big banks go down the Federal Reserve Bank will go down because it will push them way beyond a 100/1 ratio of loans to deposits , and their only solvent loans will be the loans to the US Treasury , who will shortly go broke because all of the deposits of businesses will have been seized and commerce will have stopped. Why try to save when the deck is stacked so the workers lose everything and will still owe money to pay off the banks remaining debt. So dear friend , get your money out of the banking system as fast as you can while you still can .
International banking colossus Deutsche Bank has a track record of deploying illegal financial trading, money laundering, and shady offshore tax shelters in the service of the global elite. .Deutsche Bank's notional derivative exposure is estimated at $49 TRILLION. 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 lets not overlook that Enron ‘stock’ was one of the top 10 holdings in BTCo’s Trust Accounts! Wonder how that worked out for the Trust Accounts? . 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’ 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 . Deutsche Bank has engaged in, for years, the facilitation of tax evasion by wealthy people whether it’s facilitating money laundering, mirror trades for wealthy Russian oligarchs, or by engaging in the sale and promotion of tax shelters for wealthy Americans. They’ve been heavily engaged in doing that. That’s just one more service that Deutsche Bank has provided with little consideration as to the fact that they may well have entered into tax evasion or actually committing crimes in servicing their client. The Emperor Has No Clothes! .Since Deutsche Bank rigged LIBOR they must think they can rig anything! . Not to mention that Deutsche Bank Shorted United and American Airlines Share just BEFORE the 9/11 Attacks in 2001. Deutsche Bank, was suspected and already fined for CIA KGB MOB money laundering weapons of mathematically perfected, Old World Order's, Corporate Military Industrial fascist, fiat paper deficit debt, monetary theory fraud's flim flam bucket shop operations warring upon the People. Jared Kushner, carved out worthless Mortgage Backed Securities recently and sold them off through Deutsche Bank , of course ! Deutsche Bank loaned $300 Millions to Donald Trump , and played a prominent role in a money laundering scandal run by Russian criminals with ties to the Kremlin, the British paper The Guardian revealed in March 2017 . Clinton ,Bush ,Trump , still owes hundreds of millions to including but not limited to, through of course, one tranche of Mortgage Back Securities "financing" wink wink nod nod : Deutsche Bank !! All that Debt will be hung around the necks of the "investors" first and the Public second , when they implode. They are "winding down" the Deutsche Bank bucket shop, bleaching their operations and CIA KGB MOB and Trump walks and the People will be left holding the bags; for the millionth time. Same as it ever was. A derivatives book of $49 trillion , can you imagine !? Wells Fargo couldn't handle 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.... The crash is coming make no mistake about that.