icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Deutsche bank’s death spiral (E1399)

In this episode of the Keiser Report, Max and Stacy start with the Financial Times headline announcing what the Keiser Report had warned would happen: Deutsche Bank’s new ‘bad bank’ for all of their toxic derivatives. Once again, the profits are privatized while the risks are socialized onto the backs of the German taxpayers.

They then look at the charts from WolfStreet.com showing Deutsche Bank’s death spiral as the share price has dropped by over 90 percent since the 2008 financial crisis. In the second half, Max interviews banker and author Mitch Feierstein of PlanetPonzi.com about what happens when central bankers try to taper a ponzi: you get a bad bank for Deutsche Bank. Are we heading into another financial crisis? And, if so, what will central bankers do to make it worse this time?

Check Keiser Report website for more: http://www.maxkeiser.com/

Podcast: https://soundcloud.com/rttv/sets/keiser-report-1

Podcasts