Categories: General Market Commentary
Topics: General Market Commentary

The Next Financial Crisis Will Come from Europe!

The Next Financial Crisis Will Come from Europe!

An International Monetary Fund (IMF) financial system stability assessment report on identified one bank in Europe, Deutsche Bank AG (NYSE: DB), as the TOP bank that poses the greatest systemic risk to the global financial system. Systemic risk was identified as a major contributing factor in the financial crisis of 2008. This is, essentially, the risk of contagion by the failure of one firm leading to failures throughout its industry.
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On February 24th I talked about DB (Deutsche Bank) as the next major bank to fail. Since then, its price has plunged 31% and it is likely headed much lower yet.

IMF: The Top Bank That Poses Global Financial Risk Is DEUTSCHE BANK!

Deutsche Bank's $75 Trillion In Derivatives Is 20 Times Greater Than German GDP!

To continue reading please click link http://cnafinance.com/the-next-financial-crisis-will-come-from-europe/11305