Both Credit Suisse and Deutsche Bank stocks are hitting all-time lows. \u00a0Both are collapsing despite billions in Central Bank \u2013 Fed, ECB, Bundesbank, Swiss National Bank \u2013 monetary support.<\/p>\n Deutsche Bank had been advertising a 5% interest rate to customers in Belgium on \u00a090-day deposits of at least 50k euros\u00a0. \u00a0Bank deposits are essentially \u201cloans\u201d to a bank from the depositor (creditor). \u00a0This implies that the rate that DB had to pay to attract deposits is equivalent to a triple-C rated credit (although the 10-yr junk bond rates for double-B \u00a0rated bonds are around 5.5%, keep in mind that DB is paying 5% for 3-month money). \u00a0 This is the unmistakable sign of a company that is collapsing.<\/p>\n DB stock was down over 3% yesterday on a day when most big TBTF banks for down 1% or less. It\u2019s down another But it won\u2019t be a \u201cBlack Swan\u201d event. \u00a0The Central Bank authorities knew DB was going to collapse when Anshu Jain was fired in June 2015, literally about \u00a02 weeks after DB\u2019s board had given Jain even more control over bank operations. \u00a0However, the Central Banks mentioned above collectively had a year to put a \u201cring\u201d around the collateral damage \u2013 i.e. the derivative counter-party default risks \u2013 that occurs from DB collapsing.<\/p>\n The Credit Suisse problems have been far less visible but the behavior of the stock is signalling to us that CS\u2019 problems are on par with DB\u2019s. \u00a0I don\u2019t know if both banks will ultimately end up being monetized by a combination of taxpayer bailiouts (including U.S. Taxpayers) and bail-ins. \u00a0I would suggest that bail-in capital available would not even remotely address the derivatives-related liabilities embedded in the Credit Suisse\u2019s and DB\u2019s balance \u00a0sheets.<\/p>\n My point here is that \u2013 unless there\u2019s even bigger problems hidden from the Central Banks, which have had a year now to address the DB\/CS situation \u2013 a DB collapse will likely cause a sell-off in the stock market, but would not be the \u201cBlack Swan\u201d for which everyone is searching.<\/p>\n I don\u2019t know what the Black Swan is or what it will look like. \u00a0Otherwise it wouldn\u2019t be a Black Swan, right? \u00a0What I will suggest is that the day in which the \u201cbox\u201d with Schrodinger\u2019s cat appears and we look into to it to see a dead cat is quickly approaching. \u00a0I would also suggest that this is why those who have been calling for a short-term wipe-out in the price of gold have been proved wrong for over two months, despite the blatant daily attempts by the Fed\/ECB\/bullion banks to push the price of gold lower.<\/p>\n This is a development that no one is talking about \u2013 but I believe that is represents a hidden slow-motion financial collapse that will soon accelerate:<\/p>\n![\"Deutsche](\"http:\/\/thenewsdoctors.com\/wp-content\/uploads\/2016\/02\/Deutsche-Bank-e1455209601637.jpg\")
<\/a><\/strong>The global financial system is close to going supernova.<\/p>\n2.8%<\/del> 3% as I write this today, trading below $15\/share for the first time ever. \u00a0 This bank isobviously<\/em>collapsing and any money manager who holds onto this stock for clients is in serious breach of fiduciary duty. \u00a0This is the 2016 version of Enron.<\/p>\n