As the mainstream media spins its web of lies and propaganda, so many people still seem content to live in their false illusion, it seems that it is far more comfortable for many to bury their heads in the sand.
Donald Trump seems to have persuaded the Federal Reserve to lower interest rates, or at least indicate that they might. This has been enough to create a small bounce in a stock market that is completely divorced from fundamentals. Behind the scenes there are some ominous signs.
Since the 2008 financial crisis Deutsche Bank shares have been in steady decline. At their peak they were valued at around 140 Euros. In recent days DB shares have fallen below to 6 Euros, bouncing a little higher since the Federal Reserve sent out dovish signals, but the trend is still downwards. See this video here for a more detailed explanation:
“Deutsche Bank Record Low! Inevitable Failure Could Unravel the Financial System”
Who knows what machinations are going on behind the scenes to prop up the financial and economic system – it’s certainly in the interests of Donald Trump to do so until after the 2020 elections. This is understandable and necessary; we need him to win, whether he will succeed or not is anybody’s guess, it’ll be touch and go.
Many of us have grown so used to disastrous predictions for Deutsche Bank that we now tend to dismiss them but now its end is close, many feel, including myself. So what will be the consequences?
Although a German bank, Deutsche Bank is now very international, one of, if not the biggest bank in the world holding between 40 and 50 trillion dollars of financial derivatives. Allowing it to collapse would be spectacular indeed. The European Central Bank that will be ground zero in such an event is likely to resort to the ‘too big to fail’ mentality.
Will The ECB try the Cyprus solution of bail ins? Possibly but I’m not so sure.
A bail out, in the opinion of many, including myself, is the most likely scenario. We’ve seen it all before in 2008. Billions were created via Quantitative Easing (money printing), as debt upon which we have to pay interest via taxes. In the meantime bankers were soon paying themselves massive bonuses, buying jets and private islands, while their banks were back to asset stripping. Well, this time it could be trillions and we the people always end up paying, don’t we?
Don’t forget there are many countries and banks all over Europe that are on the brink and will probably be in need of bailing out. Italy being the most obvious contender at the moment but most of the Southern European countries are in financial and economic difficulties brought about by an unworkable Euro currency. Will the bailing out of Deutsche Bank be at the expense of these other countries and their banks? Maybe and very likely?
It seems that behind the scenes (as everything seems to be), Salvini in Italy is already making plans and moving away from the EU bit by bit.
“Five Star Capitulates, Will Back Salvini’s Tax-Cut Plan As Rome Denies “Parallel Currency”
Germany has been bankrolling the grand European Union experiment although Britain has been paying more than its fair share. Germany is suspected of entering recession and one of its biggest banks, one of the biggest in the world is likely to implode. The timeline is difficult to assess because it’ll depend on the amount of government and ECB intervention, but I’d say anytime from now up until 18 months henceforth.
The consequences of what is about to happen is frightening and the EU want us around to help bail them out. It’ll break us; we need to be gone. We will have enough problems of our own when the European economy collapses.
Unfortunately it’ll probably be global too and we will need to be able to manoeuvre as we see fit just to survive. We certainly won’t be able to support the millions of unskilled immigrants that have and will keep turning up on our shores. there will be chaos and violence.
Perhaps you’d better read this article here:
“Interim Prime Minister for Life? May Will Only Go If Successor Has ‘Confidence’ of MPs”
It seems that whichever supercilious, moronic traitor wins the Conservative leadership contest, little will change. The attempt to keep us tied to a collapsing European Union will continue. Theresa May has resigned as the leader of the Conservative Party but with our mainstream political parties so weakened by Brexit, the arguing will continue. She’ll have no problems finding an excuse to stay on as a Prime Minister with her only allegiance being to the EU. A dictator in other words.
I’ll leave you with one last article and a quote from it. From ZeroHedge:
“The Next Stage Of The Engineered Global Economic Reset Has Arrived”
“The reset is upon us. The narrative of the collapse is being written before our eyes. The end game rests not on the globalists, though, but proponents of liberty and sovereignty. Either we keep our crosshairs on the true enemy, or we get sucked into the maelstrom and forget who we are and why we are here. If the latter occurs, then the globalist reset will be assured.”
We need to get the message out to so many people that still have their heads buried like ostriches in the sand. What has happened in our recent history, globalisation and governance by supranational organisations, has not been an accident, it has been carefully planned and executed. The nature of warfare has changed since the last world war but today were fighting for our country every bit as much as the veterans that attended the recent D Day commemorations.
A number of articles are starting to hone in on this same point. We are watching the collapse of our world in slow motion, but that cannot continue. Not the collapse, but the slow motion!
Sorry to repeat myself but as I commented in your last article ‘Beating the System’ I only see Localism as the solution.
If the Globalist plan is to succeed enforcement will be the final solution for World Government. That transition from Nation States to Global everything will be a dangerous time for the Globalists. If they fail they will lose their control through debt. The currency enforces that control through debt and that is what has to be defeated.
We cannot defeat our enemy without knowing what that enemy is and debt will do as a representation of that enemy. Without debt they will have no power.
Localism will allow groups to set their own internal structure and security of .energy food environment finance etc.
In the end that is how I see it. All that has to be understood is how to reach that with as little suffering as possible.
This is very interesting:
“??Italy Passes Decree To Create Parallel Currency! Ital-Exit?”
https://youtu.be/KMKXfvqAKJA
There could be trouble ahead; good trouble hopefully.
An interesting video from Anonymous Official, relevant to this article. I’ll let you all decide what to make of it.
“This Will Leave You Speechless! It’s Actually Happening..”
https://youtu.be/NQ9v0IeHAPs
This could be interesting too:
“Germany braced for catastrophic Trump auto tariffs – which could create a perfect storm for Europe ” (paywalled)
https://www.telegraph.co.uk/business/2019/06/08/germany-braced-catastrophic-trump-auto-tariffs-could-create/
Time to be gone from the EU!
An interesting article from Breitbart:
“The Skid Is Everywhere” And We Just Got Confirmation That The Worst Is Yet To Come”
https://www.zerohedge.com/news/2019-06-08/skid-everywhere-and-we-just-got-confirmation-worst-yet-come
Good idea to watch the price of scrap metals and copper, usually an early warning of what is to happen next!
Ooh, that’s Nigel’s area of, innit. That’ll distract him.
Not.
In time of trouble buy gold. If you cant afford that other precious metals. I cant afford that so I am into a unique asset ; the Lone Rangers a**e : its the nearest thing to Silver
Love your humour Euge.
Greece has formally requested talks with Germany over the £330 billion it wants in reparations for World War 2. Good luck with that one.
Banks become over generous in lending because the persons making the loans have little or nothing to lose.
The ‘bail-out’ 10 years ago has meant even less to worry about, because most of their companies continued in business, so they didn’t even lose their jobs.
Last time the Governments felt a need to use the convention of noting the bail out as being a government debt (by issuing bonds), next time they may decide to skip this window dressing and just allow the central bank to create the money without treating it as debt. In that way the ‘cost’ is an increase in the money supply rather than a burden on anyone.
The question is whether the bad taste of the previous ‘bailout’ will make central banks and governments reluctant to repeat.
If they don’t print the money there would be a massive depression. If they do print it there will be anger and probable eventual inflation.
I bet they will print, but this time they may decide to not list it as a debt. If they are smart they will punish some of the lenders and they could also present the bailout as savings people’s savings (which it does) rather than allow it to look as though they are helping bankers.
Most of the politicians have no grasp of how money works, and so they will do foolish things.
(Large international banks are harder, because they have loans in foreign currency which a single central bank cannot easily replenish.)
Not directly related to this but an interesting co-incidence nonetheless.
Tory leadership candidate and Home Secretary Sajid Javid used to work for Deutsche Bank as managing director. He left the company in 2009 to pursue a career in politics.
His Wikipedia page states: “His earnings at Deutsche Bank would have been roughly £3,000,000 a year at the time he left [22] and the Evening Standard once estimated his career change would have required him to take a 98% pay cut”.
I’m sure any ‘normal’ person would be happy to give up a £3m pa job to become an MP, what do they earn, about £78k pa?
The timing is also I’m sure a coincidence, leaving his job in 2009 a year after the crash, and then becoming an MP just another year later.
Well well well.
At a salary of 3 million a year, Javid must have had a fair amount of responsibility at Deutsche Bank and contributed greatly to its problems, now he’d like to run our government and country.
God help us!!!!!
I think its more a case that he has been selected, or even ‘groomed’ for the role. Perhaps his time at Deutsche Bank was spent ‘programming’ or traiining him for his future role as Prime Minister, there cannot be any other explanation really.
I think our home secretary and budding prime minister had an easy transition from Deutsche bank into a promised safe seat. Quite a scary and suspicious background. From ruthless money making machine obsessed with numbers to conservative representative of the people in one swell stoop? It is true that the bromsgrove conservative association voted 70 per cent for him but look at the manipulated choice of candidates they were offered. A young Ruth Davidson-the well known scottish ‘conservative’ and someone called Tina Stowel who became David Cameron’s gay marriage campaigner in the HoLs. So not surprising the members voted for the prefered choice from conservative central casting. Getting the country to vote for him is different matter. As a Prime Minister the conservatives would be stuck with the modernised result of Cameron’s ill thought out meddling. In blunt terms a figure that no one could identify with or feel was on their side. This despite his ragz to richez backstory. This is not someone with a huge back catalogue of speeches. Like May he is an unknown famous face. He is a smart bloke but essentially another Cameron/Blair who reminds me of Miliband. Yet another politician no one outside the bubble can recognise as one of us.
Sajid Javid just said in LBC he will scrap below 100k net immigration target. There are other at least questionable facts on his Wiki page (if they are correct):
1.”At the age of fourteen, he borrowed £500 from a bank to invest in shares and became a regular reader of the Financial Times.” – please show me a bank which would lend any money to a young teenager.
2. After university (age 23) he goes to the USA, works for Chase Manhattan Bank in New York City and after 2 years he become a vice president or vice chairman of the bank – somehow I cannot see this level of genius in him, especially with his background (man from nowhere).
To make it even more interesting the same year he become vice 1995, the Chase Manhattan Bank merged with Chemical Bank and in 2000 they become J.P. Morgan Chase Bank.
3. He find some time to “included a spell as an aide to Rudy Giuliani’s winning 1993 New York mayoral campaign” – what was his role in campaign?
4. He returned to London in 1997 (age 28) not clear if he still working for Chase Manhattan Bank at the time and what he was doing until 2000 (age 31) when he joined Deutsche Bank as a director. 2009 (age 40) after all mighty career in DB he switches fully into politics.
He hold various roles as a Conservatives member:
MP
Parliamentary Private Secretary to the Chancellor of the Exchequer
Economic Secretary to the Treasury
Financial Secretary to the Treasury
Minister for Equalities
Secretary of State for Culture, Media and Sport
Secretary of State for Business, Innovation and Skills, President of the Board of Trade
Secretary of State for Housing, Communities and Local Government
Home Secretary
He married Laura King in 1997.
I must say this is a quite career for one of 5 sons of Pakistani immigrant, bus driver and who was advised ad school:” that he should be a TV repairman and he was told that that he couldn’t study maths at O Level”.
BTW can you name another famous UK politician Pakistani heritage and his/her father working as a bus driver?
Quite agree. The longer we remain in the European Union, the more likely we are to assist in the bail out including having to convert to the Euro at a ridiculously low rate. The MSM have only just started to talk about Deutsche bank and even now have difficulty believing that it is at all serious. Watch YouTube, Financial Turmoil Explained. He is on the same wavelength regarding Deutsche Bank.
Time to stock up the larder I think.
And if you do invest…buy into food and drink companies….people will not stop eating and drinking whatever..l