By Greg Hunter’s USAWatchdog.com
Financial writer Bill Holter says if you want to know how bad the global financial problems are in the world, start with Germany’s Deutsche Bank (DB). The problems keep mounting, and it’s been all downhill since June when the International Monetary Fund (IMF) deemed DB as the most systemically dangerous bank in the world. Holter warns, “Deutsche Bank is dead. It’s a walking dead institution. . . .Just the fact that there is a debate, whether or not there’s a problem, means they’re dead. Once you start talking about a financial institution and whether or not they are solvent or not, it doesn’t matter. The sharks are going to come into the water.”
There is much more wrong than just the one global mega bank in trouble. Holter goes on to point out, “The markets need to be and pretty much have been locked down. We’ve