NCRenegade

(Investopedia)  20 September 2016 —  In the aftermath of last week’s announcement of a $14 billion fine levied by the U.S. Department of Justice on Deutsche Bank in connection with the mis-selling of mortgage-backed securities (MBS) during the financial crisis, the bank’s stock price has plunged by about 14%. Deutsche Bank responded by stating, “[It] has no intent to settle these potential civil claims anywhere near the number cited. The graphic below highlights the reality that Deutsche Bank may have to pay triple the amount paid by Goldman Sachs for fraudulent practices bearing on the packaging, securitization, sale and issuance of residential MBS. Having said that, if Deutsche Bank pays the amount of $14 billion, it will still end up paying less than what Bank of America paid.

Is Deutsche Bank Prepared for the Fine?

Given the bank’s market value of about $18 billion, a fine of $14 billion is not a good sign. The bank, which is already battling multiple legal cases, has only around $6 billion in its litigation reserves. Therefore, paying a $14 billion fine would seriously impact the capital structure of the bank. It is important to note that Deutsche Bank has already been struggling in terms of profitability and even reported negative revenue in Q4 2015. According to Bloomberg, “DB has racked up more expenses for litigation and fines since the start of 2008 than any other financial firm.”
~~~~

And Deutsche will *not* get out of paying that $14Billion fine – because that “debt” is backed by the German gold held at the New York FED.  Which is very likely part of the reason that the NY FED has only released ~90 tons out of the 122+ tons of German gold which they have been holding for decades, which the German government first asked to repatriate from the US 2012 .  In 2013, Germany was only allowed to repatriate 5 tons of gold held in New York, supposedly due to “logistical issues”.  Interestingly enough, in 2013, the Dutch alone repatriated over 122 tons of their gold from the New York facility… so were there really “logistical issues”, or did the FED tell Germany something along the lines of “sure we’ll let you have your gold back after we figure out how much were going to fine you for SEC violations.”

As I observed over 4 years ago  “Deutsche Bank is not just another domino — DB is a Man-Hole cover on the table among the dominoes; when it falls, every other €uro-based entity will be brought down with it — businesses, banks, governments…everything.  The €uro currency, and the Euro-society will evaporate, seemingly overnight. Looking at the bigger picture for a moment – nearly the entire European Banking sector is poised to collapse, even without the 100-megaton detonation which Deutsche Bank’s collapse will cause.  And when the entire economic machine of Euro-land collapses, you can reasonably assume that the shock will cripple US Consumer confidence, at just the same time we will need confidence most — because when Europe falls, all (hungry) eyes will be on us…“

On August 1st, 2012, I said that “I believe that we have indeed seen the successful conclusion of the Middle Game between Asia and the West, and the beginning of the End Game has begun, where we see the blockading and destruction of the passed pawn (Iran/Syria?) and the placing of all pieces into active positions (war and martial law).  The definitive mark of End Game prosecution, the win-or-loose moment, is the offensive use of the King (Obama?) and the…frequently sacrificial… use of the Queen (Angela Merkel?) to break the opponent’s defenses…

Europe is going down now – right in front of our eyes.
As I have elsewhere stated, the “banking crisis” and the muslim invasion are not separate issues – they are intimately related.  In order to prop up Deutsche Bank, the German government will undertake severe “austerity measures” – cutbacks in the “social safety net”  which millions of Germans, and their million+ new muslim “guests”, rely on to keep them fed and housed in comfort.
The Muslims will revolt, inflicting mayhem and murder in the streets of every German city.
This will be the TERMINAL POINT for the German banking sector – the banks will close all their retail offices, and all but cease servicing their retail customers, and blame it all on “dangerous conditions” caused by the muslims.  Those in positions of power and influence will be taken care of, but all of the bank’s ‘regular customers’ will see their savings confiscated, and accesses to the remaining money in their accounts severely regulated, as it was done in Cyprus.

And fear of the muslim jihadis will prevent most Germans from taking to the streets – as they otherwise most certainly would – to protest against the bank and the German government for taking them down this road to destruction.

The muslims will do for Deutsche Bank and the German government what their own Politzei would never do – threaten and abuse the German people with such force and scope as to force them all to cower indoors while they are looted.  The muslims are a free “blocking force” which the German government will use to control the German people.  There is no other plausible explanation.  This is Angela Merkel playing her (sacrificial) position as the ‘queen’ in this game of economic chess.

And if you think that the United States is not slated to meet the same fate, I would urge you to reconsider; although here in the US the “blocking forces” will be a muddled coalition of BlackLiesMatter, LaRaza, Islamic Jihaddis, and whoever else has an urge to murder, loot, and burn crap in the streets.

The financial Day of Reckoning has arrived.

As the Euro-currency collapses, we will see all of the ‘European Progress’ since WW-II erased, and an irresistible surge in ultra-nationalist antagonism between the former “partners” will very quickly arise.  Numerous such nationalist groups and political parties have sprung up in recent years, and are gaining support rapidly, such as England’s “United Kingdom Independence Party” (UKIP), the “Party of Freedom” in the Netherlands, the “National Democratic Party” in Germany, France’s “National Front”, Greece’s “Golden Dawn”, the “True Finns” in Finland, the “Swiss Peoples’ Party”, the “Freedom Party of Austria”, and many others.  Such nationalist parties are against the Euro in principle, even if the EU weren’t destroying their economies.

In America, the same level of conflict will be driven by divisions of class and race, and while the dynamic will be different here in the US than it will be in Europe, the outcome will be the same.  War, destruction, and confusion that will cover the greatest bank-heist of all time.

Because that’s exactly what’s going on here –
The Greatest Bank Heist of All Time. 
The banksters are stealing nearly half the world’s gold – presently stored in the vaults of various “Central Banks”.  Look at the slow-motion fight over who will get how much of the spoils – it has been going on since 2009, and has been at a fevered pitch since 2012.  Not only is each group willing to wreak havoc and destruction upon the others to increase their portion of the spoils, but they ALL AGREE that a World War is necessary, to cover the theft and destroy the evidence. Permanently.

And when bankers go to war, the world follows…

Any Questions?

WE HAVE BEEN WARNED