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Francis Albert explains the Deutsche bank failure
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Francis Albert explains the Deutsche bank failure
Francis Albert
The reason you haven't seen in the media that Deutsche bank failed .......... is because it hasn't happened. Deutsche Bank is essentially Germany's Central Bank. Way top heavy on derivatives? Yes. Been in trouble for a while? Certainly. But, not failed. The ECB won't let that happen as they have the magic Euro Printing press.
To the same ideas in the post, what these people who are writing this stuff do not realize are the massive counter party players in all debt. A long, long line of players in all debt that is very well connected to say, for example, a Pension Fund in Ohio, or somewhere. you just don't erase debt. Not happening.
Ponee- Admin
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Re: Francis Albert explains the Deutsche bank failure
Ahh honesty, such a rare commodity. Bet Francis Albert isn't welcome on any of the guru sites.
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