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<\/a><\/p>\nby Jeff Berwick Nearly a year ago to the day, on September 28th, we wrote \u201cWill Deutsche Bank Be This Cycle\u2019s Lehman Brothers?<\/span><\/a>\u201d<\/span><\/p>\n In it we asked, \u201cIn 2008, the financial crisis was set-off by the collapse of Lehman Brothers.\u00a0 Could this year\u2019s crisis be caused by a collapse of Deutsche Bank?\u201d<\/span><\/p>\n The day after the end day of the Shemitah in 2015, on September 14th, Deutsche Bank announced that it was laying off 23,000 employees, about 25% of its workforce.<\/span><\/p>\n At the time, it was trading around $26 per share.<\/span><\/p>\n Now, on the eve of the end of the Jubilee Year, Deutsche Bank was down another 7% on Thursday and is now at an all-time low near $11.50.<\/span><\/p>\n Bloomberg reported today<\/span><\/a> that about 10 hedge funds that do business with the German lender have moved to reduce their financial exposure.<\/span><\/p>\n The International Monetary Fund in June said Deutsche Bank may be the biggest contributor to risk among so-called global systemically important banks. The bank has gross notional derivatives exposure of 46 trillion euros, according to an Investor Relations presentation published this month.<\/span><\/p>\n If Deutsche Bank existed in a bubble, its collapse would not be a major event.\u00a0 After its shares have plummeted more than 50% in the last year, and down over 90% since 2008, Deutsche Bank only has a total market capitalization of $15 billion.<\/span><\/p>\n The problem exists in its massive derivatives exposure and the fact that most European trading is cleared through Deutsche Bank.<\/span><\/p>\n In other words, it, alone, has the capability to take down the entire worldwide financial system\u2026 and as we head into Friday, many are wondering if it will make it through to the weekend.<\/span><\/p>\n Many are expecting that if worst comes to worst, the German government will bail out Deutsche Bank.\u00a0 But most of them are naive to the fact that this is a planned implosion of the economy and \u00a0financial system, one in which Merkel has played a key role.<\/span><\/p>\n Will Deutsche Bank implode Friday, two days before the end of the Jubilee Year?\u00a0 Or perhaps over the weekend?\u00a0 Interestingly, Monday is a national holiday in Germany, \u201cGerman Unity Day\u201d, and as we have pointed out in the past, most bank holidays\/closures are instituted over a weekend.<\/span><\/p>\n The timing of Deutsche Bank potentially collapsing during the Jubilee end-day weekend and our call of Deutsche Bank being this cycle\u2019s Lehman Brothers, may all prove to come true\u2026 and we predicted it all, down to the name and date!<\/span><\/p>\n Will it collapse over the weekend?\u00a0 Only time will tell.\u00a0 If it doesn\u2019t, it is on its very last legs now.\u00a0 Something’s about to break very quickly.<\/span><\/p>\n Tomorrow we will write about a bizarre and amazing confluence of events that are all set to happen this weekend which, simply, cannot all be coincidence.<\/span><\/p>\n In the meantime, our good friend, Max Wright, has offered a special, emergency set of online conference calls to help get you the information you need before it is too late. \u00a0You can access it immediately here<\/span><\/a>.<\/span><\/p>\n
\n<\/i><\/span>The Dollar Vigilante<\/p>\n<\/a><\/p>\n