FROM BRIGADIER GENERAL FRIEND(RET) WHO IS ALSO IN THE FINANCIAL SECTOR :Steve, all this smacks of desperation for capital to me. And today, we find the DB is blocking ATM withdrawals due to a “technical glitch.” That may be true,or not. We’ll see.
I’m not sure if this qualifies for the Alerts section of your site, but there are some “bread crumbs” that could be pointing to problems immediately ahead.
· As you know, Bill Holter has done some outstanding work re how Deutsche Bank seems to have been “kicked out of the club” of large banks--- and the stress is showing.
· In 2007-2008, Lehman was kicked out ---their credit was cut off--- in what was a predetermined event/operation.
· Deutsche Bank’s exposure, however, is exponentially bigger than Lehman’s ever was. DB’s derivatives book is estimated between $50-$75 trillion. Stunning.
· We know DB met with Citi, JPM, and Goldman in April 2016 regarding over $1 trillion in derivatives issues.
· April was also the time Fed Chair Yellin held three “expedited meetings” including one with the President and VP.
· Simultaneously, the Bank of Japan issued warnings about the stability of the system. Japan repeated the warning at the recent G-7 meeting.
· Since then, DB has offered 5% interest for deposits of 90 days. How can anyone offer 5% interest in a zero to negative interest rate environment?
Steve, all this smacks of desperation for capital to me. And today, we find the DB is blocking ATM withdrawals due to a “technical glitch.” That may be true….or not. We’ll see.
This, of course, begs the question---- Why would the Central Banks allow a behemoth like DB to fail? Is the system ready to re-set and there needs to be a fall guy ala Lehman 8 years ago? Is DB the patsy? Are “they” ready (perhaps out of necessity) to pull the plug. We cannot possible know, since we do not run in those circles, but this all bears watching over the weekend and the weeks ahead.
Finally, these may be coincidences---- or maybe not:
· David Wilkerson’s prophecy of financial crisis begins in Germany.
· Brother Bob’s vision speaks of a financial collapse in Japan that ripples around the world, but does not specify the triggering event. Perhaps DB?
· Jerusalem fell to Israel on June 6, 1967. Therefore, the Jubilee year of the “apple of God’s eye” begins next week. Debts cancelled? Re-set?
· 6/6/16 marks all kinds of Satanic rituals across America….some public, some not.
I could go into the military posturing occurring right now, but your readers are well aware of what is going on there. The point is, a confluence of events seems to be upon us.
Your brother in Messiah Yeshua,
Jun 3, 2016