Traitors Going to Jail, China Trade War, Economic Update

Russia collusion hoaxGreg Hunter – Many think that nobody is going to jail for the Trump Russia collusion hoax that the FBI, DOJ and CIA tried to pull off.  Attorney General William Barr has just assigned a U.S. Attorney to look into the Russia scam that was made up to paint the President a spy.  People are going to be prosecuted and jailed for this treason.  

The China trade war is heating up and does not look like it will be resolved anytime soon.  China is calling for a boycott of U.S. products and claims to have more than $3 trillion to fight this dispute.  Trump is asking for a fair trade deal, but China wants the lopsided deal it has now. Continue reading

News And Views From The Nefarium – May 18 2017 [Video]

Joseph P Farrell – Big news from Milan, where Deutsche Bank managers are on trial… it’s the language of the Italian judge that makes one wonder…

Deutsche Bank Sued For Running An “International Criminal Organization” In Italian Court

Having been accused, and found guilty, of rigging and manipulating virtually every possible asset class, perhaps it was inevitable that Deutsche Bank, currently on trial in Milan for helping Banca Monte dei Paschi conceal losses (as first reported last October) is now facing accusations that it was actually running an international criminal organization at the time.

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Those Bankster Deaths And More Missing … Part 2

deutsche bankJoseph P Farrell – Yesterday I began this two part blog by noting an important article that appeared in Bloomberg Business Weekly, authored by Vernon Silver and Elissa Martinuzzi, concerning how Deutsche Bank made billions disappear from its books. At the end of that blog, I noted the banker deaths that mysteriously surrounded the Deutsche Bank transactions with Michele Faissola and the Italian Banca dei Paschi di Sienna, a bank in continuous operation since the Renaissance.

I also noted Bloomberg’s “take” that this transaction was a microcosm of Deutsche Bank’s other operations. Finally, I noted that the banker deaths were not confined to associations with Deutsche Bank, but that they engulfed other prime banks and even some insurance institutions in the Western financial system, among them J.P. Morgan Chase. So to refresh our memory, we have the following elements:

(1) Derivatives trade, which comprise in part mortgage-based securities, that are tied to “triggers” such as interest rates;

(2) Deutsche Bank’s role in helping rig the LIBOR(London Inter-Bank Offered Rate), one such “trigger”;

(3) the global phenomenon of banker deaths, which I now hypothesize is an indicator that Deutsche Bank’s practices are, indeed, not confined to that bank alone but part of a systemic “operating procedure” for purposes yet to be speculated about; and,

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Those Bankster Deaths And More Missing …

europeanJoseph P Farrell – It has been a while since we’ve talked about those mysterious bankster deaths, many of them having all the hallmarks of “bankercides (i.e., murder by suicide), and it’s been even longer since we’ve talked about all that “missing money” sloshing around in the system somewhere, an amount of money in the trillions. Well, Mr. W.D. sent the following article, and it has my high octane speculation running in high gear and overtime, but we’ll get back to that, because I want to paint in very broad strokes today.

The article that he shared concerns a looming storm centered around Europe’s largest bank, Deutsche Bank, and some shenanigans that reach out to engulf Italy and, I suspect, pretty much everyone else. But as I said, we’ll get back to that. Here’s the lengthy article by Vernon Silver and Elissa Martinuzzi that appeared on Bloomberg Business Week:

How Deutsche Bank Made a $462 Million Loss Disappear

Of course, a mere $462,000,000 looks like chump change to a bank as large and powerful as Deutsche Bank, but there are even vaster sums involved in this disappearing act. The story begins, according to the article, at a meeting held at Deutsche Bank’s London branch headed by Italian banker Michele Faissola: Continue reading

Deutsche Bank Walking Dead [Video w/ Transcript]

HolterGreg Hunter – 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 seen virtually zero volatility in the stock market, and even the credit markets have been nonvolatile for the last two or three months. The reason being when volatility picks up, then margin calls happen.  When you’ve got an illiquid system, you can’t allow margin calls to occur because margin calls can’t be met.”

Holter, who has decades of financial and broker experience, circles back to DB that he estimates has a $15 billion market cap. This may seem like a lot of money, but Holter contends it is not much with trillions of dollars in derivative exposure.

http://youtu.be/wMkxK7eT4QQ

Holter explains, “$15 billion would not even cover a 1% move in their book.  A 1% move would be something like $50 billion.  So, they (DB) are so undercapitalized that any type of margin call turns them upside down. Deutsche Bank is one of the biggest links in the derivatives chain.  If they break, the whole thing goes. . . . This is not a Bill Holter opinion.  This is math.”

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