Britain is trying to dodge liability:
With Germany’s biggest bank teetering, a private meeting of major investors in London yesterday discussed offloading their assets in the troubled financial giant.
The potential collapse could trigger an economic catastrophe in the EU with Deutsche Bank’s holdings worth two thirds the size of the entire German economy, 25 times bigger than Northern Rock which set off Britain’s 2008 financial crisis when it collapsed.
With a rearguard of so called “Remoaner” MPs try to delay triggering Article 50 and getting Britain out of the EU, a report by thinktank Global Britain has highlighted that unnecessary delay could cost that taxpayer billions…
Mr Lyddon said: “The Deutsche Bank appears to be in serious trouble, it is highly leveraged and facing a fine that would make it even more highly leveraged.
“It is vital that the Treasury and British taxpayers know the potential damage if Deutsche Bank requires a multi-billion-Euro bail-out that the UK might have to contribute to [under EU rules].
Meanwhile, Qatar is pulling out to cut its losses:
According to sources the bank is now facing a crisis of gargantuan proportions after the Qatari royal family, who were reported to be involved in bond deals just last week, expressed concern over their long-term strategy.
Analysts say this could be the final nail in the coffin for the bank which this week was accused of using stealth methods to woo investors.
The bank is not commenting on the claims that their lifeline has been pulled as their credit instruments sit at almost records lows…
Qatar sunk £1.57bn into Deutsche Bank two years ago as part of an €7.2bn (£6.5bn) capital increase, at the time paying €29.20 (£26.36) a share.
Now with the share price having plummeted 45 per cent this year, they are said to have become concerned after losing almost €1bn.
Now we have progressed to banks that are too big to fail – and too big to save. This will be K-selection.
The fall of Deutsche could easily be the trigger, and it could go at any moment. It makes you wonder if all of this talk of WWIII with Russia is real, and the elites are looking for anything to distract the restless natives from the Economic Apocalypse about to engulf all of the modern world.
It also makes you wonder if they are setting this up to collapse right after Donald is elected, to try and stick him with the fallout from the Apocalypse.
If the US comes to collapse in an Apocalypse, I could easily see a similar mechanism prompting the states to break away from the US Federal government, and thereby unshackle themselves from the federal debt. Ironically, in breaking up into a loosely associated group of nations states the US will represent the founders vision far more than the grotesque leviathan it has become today.
[…] Britain Rushes Brexit To Escape Deutsche Bank Collapse […]
GET US OUT OF THE EU DOUBLE QUICK OR WE ARE SUNK FOR GOOD PLEASE!!!!.