The latest news out of Deutsche Bank as the bank continues to lose billions of dollars…
Josh Sigurdson talks with author and economic analyst John Sneisen about the latest news out of Deutsche Bank as the bank continues to lose billions of dollars, lay of tens of thousands of employees and fails to restructure all while telling everyone that everything is fine.
With a share price in a tail spin as we’ve seen for over a decade and failed attempts to merge with Commerzbank, things don’t look good for Deutsche Bank.
We’ve been reporting on Deutsche Bank for many years now and have been vindicated time and time again as they got downgraded by the S&P, have lost some of their top investors and seen their derivative exposure skyrocket.
As we are dealing with a global everything bubble, it’s of no surprise that one of the biggest banks in the world (at least formerly) is facing one crisis after another. In fact, Deutsche Bank is likely going to be Lehman Brothers 2.0 and may very well be the domino to cause the global collapse.
John breaks down the latest on Deutsche Bank.
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