Jim Rogers: Deutsche Bank - a serious indicator - 14 October 2016 - free no deposit forex bonus
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Main » 2016 » October » 14 » Jim Rogers: Deutsche Bank - a serious indicator
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Jim Rogers: Deutsche Bank - a serious indicator

 

Jim Rogers: Deutsche Bank - a serious indicator

International investor Jim Rogers ultramedved and expressed the opinion that if the Deutsche Bank ever goes bankrupt, the financial system will face formidable catastrophe - for AMarkets materials.

AMarkets

 

Rogers says that the problem is in a tough government needs the money. The government will do anything to get the money from any source at any cost. Moreover - the expert strongly doubt that Deutsche Bank should be $ 14 billion - the unimaginable, enormous sum. Market expectations were much more modest -. $ 3.4 billion if all of a sudden happen that Deutsche Bank would bankrupt the entire global financial system would be in jeopardy.Deutsche Bank and without forced gosvyplat going through difficult times. Barely Bank passed the stress test in July and distributed the information that it will require tough cost reduction in order to somehow smooth out the time constant of falling profits. The second quarter was particularly unpleasant. In fact, Deutsche Bank is already in the process of active and, one might even say, the emergency optimization - thousands of workers laid off by the bank, with unprofitable customers are terminated a contractual relationship, the bank goes out of inefficient business projects and enter into new ones. Rogers recalls in this connection in 1931, when one of the largest Eurobank proved bankrupt, and then there was a Great Depression and then the Second World War.

 

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