Deutchse Bank Problems - Global Economic Collapse? - 548

Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaul

I think this is cause for concern. It kind of sounds like the bank might be going through an unofficial bankruptcy.

Apparently warnings are coming from the other banks as well. https://www.youtube.com/user/GregVegas5909/videos

Monday July 8th

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Interesting story, I hope the governments intervene to save the customers of this bank.

They'll probably save the bank customers although their currency value "might" get destroyed.

Hmm, I'm actually a client of DB. But I think they are "too big to fail" for Germany. If they go down, A LOT will go down with them!

I sure wouldn't have all my money with them. lol I think DB will help bring down the global financial system if not this year then eventually. I assume the central banks and governments will save them but who knows. We're not allowed to know what happened 100 years ago let alone now especially in regards to calssified economic warfare stuff.

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