BLOG

Collapse of Deutsche Bank imminent?

It is looking more and more like Deutsche Bank is going to be the criminal bank that brings down the banking system of Mystery Babylon. When the financial report came out last week that the bank had lost another 832 billion euros in the third quarter, the share price went down another 8 percent.

We can only wonder how long this collapse will take. Its collapse would certainly affect the entire world banking system, directly or indirectly. My guess is that the Trump administration is waiting for Deutsche Bank to collapse before nationalizing the Federal Reserve Bank and announcing the new Quantum Financial System.

Take note in the article below that David Wilkerson, founder of Teen Challenge, prophesied many years ago that the banking system’s collapse would begin in Germany.

http://theeconomiccollapseblog.com/archives/the-deutsche-bank-death-watch-has-taken-a-very-interesting-turn

The biggest bank in Europe is in the process of imploding, and there are persistent rumors that the final collapse could happen sooner rather than later.  Those that follow my work on a regular basis already know that this is a story that I have been following for years.  Deutsche Bank is rapidly bleeding cash, they have been laying off thousands of workers, and the vultures have been circling as company executives desperately try to implement a turnaround plan.  Unfortunately for Deutsche Bank, it may already be too late.  And if Deutsche Bank goes down, it will be even more catastrophic for the global financial system than the collapse of Lehman Brothers was in 2008.  Germany is the glue that is holding the EU together, and so if the bank that is right at the heart of Germany’s financial system collapses, the dominoes will likely start falling very rapidly….

In April 2015, the bank paid a combined $2.5bn in fines to US and UK regulators for its role in the LIBOR-fixing scandal. Just six months later, it was forced to pay an additional $258m to regulators in New York after it was caught trading with Myanmar, Libya, Sudan, Iran and Syria, all of which were subject to US sanctions at the time. These two fines, combined with challenging market conditions, led the bank to post a €6.7bn ($7.39bn) net loss for 2015. Two years later, it paid a further $425m to the New York regulator to settle claims that it had laundered $10bn in Russian funds….

Deutsche Bank is the largest domino in Europe’s very shaky financial system.  When it fully collapses, it will set off a chain reaction that nobody is going to be able to stop.  David Wilkerson once warned that the financial collapse of Europe would begin in Germany, and Jim Rogers has warned that the implosion of Deutsche Bank would cause the entire EU to “disintegrate”…

Then the EU would disintegrate, because Germany would no longer be able to support it, would not want to support it. A lot of other people would start bailing out; many banks in Europe have problems. And if Deutsche Bank has to fail – that is the end of it. In 1931, when one of the largest banks in Europe failed, it led to the Great Depression and eventually the WWII. Be worried!

 Always remember that divine judgment is directly against Mystery Babylon--not against you. Trust God in all things. God is destroying the Babylonian system in order to set up the Kingdom on earth, so that we may rule and reign with Him.