Originally posted on April 26th, 2012 – I offer you and updated view of where DB is at, as we grind further and further over the cliff, unto the plummeting crash which has been engineered to destroy Western Civilization, and usher in a new era of Globalist Control.
And here’s the original article from four years ago. Look at the charts, and read what I wrote; See if it doesn’t apply even more so, today?
Deutsche Bank (DB) has had a stream of bad news lately, and there is no upside in sight. Their one-year return is presently at -19%, and gives no indication that it will break the present losing streak. With mounting losses, and increased capitalization requirements from new regulations, DB faces the proverbial “rock and a hard place” scenario, where it cannot cover its obligations without selling assets, at the same time regulations require banks to increase assets of proven value.
With all of the European economies printing somewhere between double-dip recession and crushing depression, and the US economy just barely treading water, where would any potential upside for Deutsche come from? It seems that no one has the answer… and if no answer is forthcoming, and DB takes another round of losses in keeping with the current trend, which is becoming more likely with each passing day of financial losses throughout Europe, then Deutsche faces the prospect of becoming the next Dexia.
Deutsche is the biggest bank in Germany, and Germany is the largest and strongest economy in Europe… so the consequences of any major damage (or cumulative smaller damaging events) to DB would very likely cascade throughout the Euro-Zone, with terminal results. The echo-effect of any major diminution in DB’s value, or loss of public confidence in the bank, would cause losses throughout the Euro market, which would in turn do further damage to Deutsche (increased default rates on loans, and loss of value on other bank-owned assets in the EU market) – so we have the prospect of a runaway train crash in its most naked state.
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