Loading ...For over two years, I have maintained that the German government will be forced to nationalize Deutsche Bank. Recently, talk of nationalization is making the rounds in certain circles within Germany. Authorities are stalling, hoping that the financial system, overall, will “right itself” over time. This is nothing but a Robert Rubin style ‘extend and pretend’ strategy on steroids. When we get closer to Deutsche Bank imploding to the point of risking the trigger of a derivatives market cascade, Germany will announce nationalization plans. I expect to see this announcement when DB shares slip under $9 and are making their way to $5.
cont. http://thenewsdoctors.com/deutsche-bank-is-imploding-kranzler-and-dubin-look-ahead/