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Saturday, Sep 19, 2020

The Bank Runs Begin At Deutsche Bank

The collapse of Deutsche Bank is approaching and for the most part it is has been a slow moving wreck. But everything may have just changed. Bank runs have broken out from US hedge funds concerned over having their capital frozen indefinitely in a Lehman Brothers type collapse of Deutsche Bank. This has been in motion since 2008 and Deutsche Bank has never regained it's former glory. Now the planned demo of DB continues to break the too big to fail bank into much more manageable pieces.

Quote of the Day

Sometimes, you just have to play the role of a fool to fool the fool who thinks they are fooling you.

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