Lynette Zang keeps telling us what’s going on. And it ain’t pretty.
In late 2016, I wrote that Deutsche Bank was in its death throes. However, clearly it was too early for the global controllers to let it die and it looked like Chinese money was injected to keep the corpse with a heartbeat.
But as Lynette shows, Deutsche Bank is still at the heart of the global commercial banking system, and the current market falls may be enough to trigger its insolvency.
We do live in interesting times…
Richard
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