Perhaps it is this new moon, the dark moon. But I feel quite deflated at the moment as well.
But here we go, here is a short summary of this area:
The Economic Collapse Blog: Deutsche Bank Collapse: The Most Important Bank In Europe Is Facing A Major ‘Liquidity Event’
So, a brief summary is that Deutsche banks has been plunging for a long time anyway. It is looking very similar to how Lehman did before it's collapse in 2008. Recently, an American financial authority fined Deutsche bank about $20 Billion. Deutsche bank refused, but the fine still stands.
This has lead to people all of a sudden being aware of Deutsche bank. and their stock has really taken a beating and has dragged the global stock market lower. Yesterday, a rumour, a RUMOUR started by a French news service (not German, French), said that Deutsche bank had agreed to a settlement (So had agreed with regulators they were going to pay say $5bn and then paid it.)
This is Zerohedge's perspective on that:
Zerohedge: BofA Upgrades Deutsche Bank's Cap Structure Despite Admission "Does Not Particularly Like It"
Confused? Don't worry: everything that happened today was only meant to make sure DB did not enter a 3-day weekend at its all time low price as hedge funds continue to withdraw any excess cash they have with the bank while buying up as much 1 Year CDS as they can find.and from
Zerohedge: Rumor Rescues Deutsche From Banking Bloodbath But Gold Tops Stocks In September
I.e. as he writes, CDS (Credit Default Swaps, betting against Deutsche) aren't buying it.
Of course, politics is there to make this all worse:
Daily Express: MERKEL'S WORST NIGHTMARE: Angela told by EU - Deutsche Bank CANNOT have Germany bailout
Shares in Germany's second-biggest lender Commerzbank dived by more than six per cent, while France's Societe Generale and Spain's Banco Santander tumbled by around four and five per cent respectively.EU rules stipulate that a government cannot bail out its own banks. Germany cannot be seen to flout the rules when it holds others subject to them. What EU rules do state is that banks need to bail themselves in by taking from their customers. (Above a certain number in the thousands in currency. So business customers) however, the second that happen there will likely be bank runs all over Europe and beyond. They do seem rather caught at this point.
It does seem as though they are no longer able to kick the can and there will be a crash.
But I won't hold my breath.
Today, as far as I am aware, an absolutely momentus occasion is happening. The Yuan is being accepted in the Special Drawing Rights. Which is something to do with reserve currency. Who knows if we'll see fall out from that in the Dollar and if that will be blamed on Deutsche bank.
Tomorrow, Hungary vote on migrant quotas.
Where is David Wilcock?