The gradual Global Reset continues with the official inclusion of the Chinese Yuan (RMB) as prime alternative to the US dollar as global currency of exchange which should provide a smooth transition away from all fiat currencies.
While this SDR inclusion was preannounced months ago, still the multiple investigations of fraudulent bank services, and the ongoing fall of the Big Banks suggest that the ongoing Global Reset will continue no matter the geopolitical noise, which are all part of the hybrid World War 3 being fought against the outgoing Nazionist Word Order.
When one considers the fact that the Chinese Yuan is backed with real, tangible hard assets, e.g. gold and industrial infrastructure, it would be very easy to say that the US dollar is doomed as it should be since its integrity and real value are nil at this point in time.
Yes, the Khazarian bankers can’t hide it anymore. They have a problem, a very big one, and they want to pass it on to the Western taxpayers, one more time.
LONDON — Germany’s largest bank appears in danger, sending stock markets worldwide on a wild ride. Yet the biggest source of worry is less about its finances than a vast tangle of unknowns — not least, whether Europe can muster the will to mount a rescue in the event of an emergency.
In short, fears that Europe lacks the cohesion to avoid a financial crisis may be enhancing the threat of one.
The immediate source of alarm is the health of Deutsche Bank, whose vast and sprawling operations, are entangled with the fates of investment houses from Tokyo to London to New York.
Deutsche is staring at a multibillion-dollar fine from the Justice Department for its enthusiastic participation in Wall Street’s festival of toxic mortgage products in the years leading up to financial crisis of 2008. Given Deutsche’s myriad other troubles — a role in the manipulation of a financial benchmark, claims of trades that violated Russian sanctions and a generalized sense of confusion about its mission — the American pursuit of a stiff penalty comes at an inopportune time.
It heightens the sense that Deutsche — whose shares have lost more than half their value this year — needs to secure additional investment, lest it leave itself vulnerable to some new crisis.
http://www.nytimes.com/2016/10/01/business/dealbook/deutsche-bank-stock-bailout.html
Who will provide the additional investment if not the German people who will be forced to swallow a slew of legislated austerity measures later on?
But the bigger problem for the Banking Canal is: Deutsche bank is just one domino in the entire fraudulent fractional banking system that is visibly in turmoil, and it is expected to bring down the entire fiat financial system with it.
Shares in Deutsche have lost more than half their value so far this year. The IMF hasn’t helped matters, saying in June that the bank is the greatest contributor to systemic risk in the world’s biggest lenders.
Q How is Deutsche Bank reacting?
