Socio-Economics History Blog

Socio-Economics & History Commentary

‘Almost ALL EU Nations Will Follow UK OUT of EU’ French MP Says Brexit Was Just The FIRST

BRExit_or_BRemain_Cartoon

  • ‘Almost ALL EU Nations Will Follow UK OUT of EU’ French MP Says Brexit Was Just The FIRST
    by JOEY MILLAR, http://www.express.co.uk/  
    BREXIT will inspire a wave of referendums which will finish off the European Union (EU) for good, a French MP has claimed.

    Philip Cordery said opposition to Brussels was soaring “everywhere” – and, given the right leadership, “almost every country” in the 28-country bloc could vote to leave. Mr Cordery said: “I think what happened in the UK at the referendum could have happened almost every other country in the European Union – except in the other countries no Prime Minister would have been as irresponsible as to ask for a referendum. “If we look today, Euroscepticism is growing everywhere, populist movements are growing everywhere in Europe.”

    The half-English politician said more and more people were objecting to the EU’s economic restrictions and rapidly losing patience with dictatorial and stubborn Eurocrats. He said he was disappointed at Britain’s decision this summer to leave the EU, but acknowledged the decision was based on well-founded and understandable concerns.

    read more.
http://www.express.co.uk/news/politics/711387/European-Union-Juncker-plan-economy-army-Brussels-led-superstate

Click on image for article.

http://www.pravdareport.com/news/world/europe/27-06-2016/134834-france_germany_superstate-0/

Click on image for article.

http://www.thenews.pl/1/10/Artykul/258994,New-EU-superstate-plan%E2%80%99-by-France-Germany-report

The rise of the endtimes 10 Horn Beast empire! Click on image for article.

http://www.dailymail.co.uk/news/article-3662827/Has-Britain-avoided-European-superstate-France-Germany-draw-plans-morph-EU-countries-one-control-members-armies-economies.html

Click on image for article.

end

September 29, 2016 Posted by | EndTimes, GeoPolitics | , , , , , , , | Leave a comment

Is a “$46 TRILLION” Lehman Brothers Event Just Around The Corner?

Global_financial_crisis

  • Is a “$46 TRILLION” Lehman Brothers Event Just Around The Corner?
    by Phoenix Capital, http://www.zerohedge.com/  
    The financial world is abuzz with talk of the first Presidential debate. Meanwhile, one of the largest derivatives books in the world is imploding. Deutsche Bank (DB) is the 11th largest bank in the world. And it has over $61 TRILLION (with a “T”) in derivatives on its books.

    AND IT HAS LOST NEARLY A QUARTER OF ITS VALUE IN THE LAST THREE WEEKS.

    DB is not alone here. Across the board, we’re getting signs of an impending banking crisis in Europe. Credit Suisse (CS) is trading BELOW its 2012 banking crisis lows. So is Barclays (BCS). 

    The EU banking system is $46 TRILLION in size. This is THREE TIMES larger than the US banking system, which nearly imploded the markets in 2008.

    read more.
http://www.express.co.uk/finance/city/714848/Deutsche-collapse-could-bury-eurozone-warn-experts-as-shares-plunge-further

Click on image for article.

http://www.express.co.uk/finance/city/714399/Deutsche-Bank-shares-hit-lowest-level-in-24-years-amid-concerns-of-state-bailout

Click on image for article.

end

September 29, 2016 Posted by | Economics | , , , , , , | Leave a comment

Germany Told Their People To Prepare, Was This For The Economic Collapse?

  • Published on Sep 27, 2016
    UK retail declines once again. US Government consumer confidence model surges while the public models decline. US home prices slow and they begin the slow decline downward. Housing bubble is now seen in major cities across the world. Richmond Fed declines and the world trade slows dramatically. The German government tell their people to prepare, it is starting to look like this was for the collapse of Deutsche Bank and then the economy.
http://www.independent.co.uk/news/world/europe/germany-food-water-stockpile-warning-terror-attack-catastrophe-government-terrorism-a7203376.html

Click on image for article.

http://www.mirror.co.uk/news/world-news/germany-warns-public-stockpile-food-8683208

Operation BlackJack 2.0 about to be activated? Click on image for article.

end

September 29, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Deutsche Bank Stock Crashes Near Single-Digits As CDS Spike To Record Highs

deutschebank_stock-20160927

  • Deutsche Bank Stock Crashes Near Single-Digits As CDS Spike To Record Highs
    by Tyler Durden, http://www.zerohedge.com  
    The “most systemically dangerous bank in the world” is in grave trouble. Despite exclamations that there is “no need for additional capital” and that “Deutsche Bank is no Lehman” investors are fleeing the bank’s assets en masse as professionals pile in to buy counterparty risk protection. With the only thing standing between bank runs and stability being the confidence of depositors, and knowing full well that everybody lies when it gets serious, one witty trader noted, “if it walks like Lehman, and talks like Lehman… it is Lehman.”

    Deutsche stock is collapsing…

    read more.
http://www.express.co.uk/finance/city/714848/Deutsche-collapse-could-bury-eurozone-warn-experts-as-shares-plunge-further

Click on image for article.

end

September 28, 2016 Posted by | Economics | , , , , , , , | Leave a comment

Insider Warren Buffet Knows A Massive Crash Is Coming: “Has $70 Billion On The Sidelines… Clearly Anticipating The Biggest Buying Opportunity Of His Life”

  • Insider Warren Buffet Knows A Massive Crash Is Coming: “Has $70 Billion On The Sidelines… Clearly Anticipating The Biggest Buying Opportunity Of His Life”  
    by Mac Slavo, September 25th, 2016, SHTFplan.com 
    With the U.S. stock market near all-time highs and financial pundits touting the miracles of economic recovery, investors would have to be totally insane to not be snapping up as many stocks as they can get their hands on. But if America’s economy is doing so well, why are billionaires and major investment firms warning of rough waters ahead?

    Even Warren Buffet, the Oracle of Omaha, known for his investing acumen and foresight, appears to see the writing on the wall. Having made billions in the fallout of the 2008 crash by taking advantage of lucrative government machinations, Buffet now looks to be positioning himself for a very massive buying opportunity. According to analyst Jeff Nielsen, the head of one of the largest investment companies in the world isn’t invested as heavily into stock markets as you may think. In fact, Nielsen says in his latest interview with SGT Report that Buffet has over $70 billion sitting in cash on the sidelines.

    And that can mean only one thing: Buffet knows a crash is coming and he is waiting for perhaps the biggest buying opportunity of his lifetime. Jeff Nielsen explains:

    He’s sitting now with over $72 billion in idle capital. He’s 86-years old. He is a long-term value investor, which means by definition that basically all of your money is supposed to be working for you all of the time… and the only time you ever sit with a large amount of dry powder on the sidelines is when you’re expecting a big buying opportunity…

    read more.

end

September 28, 2016 Posted by | Economics | , , , , , , , , , | Leave a comment

MASS PANIC as Biggest Ever Bail-In to Occur in Germany’s Deutsche Bank!?

  • Published on Sep 26, 2016
    Deutsche bank cannot be bailed out since it is “Too big to bail.” Prepare for the BAIL IN.

Deutsche_Bank-Derivatives-in-context_compared_to_Eurozone_GDP_n_German_GDP

Here is the IMF's chart showing the key linkages of the world's riskiest bank: Deutsche Bank. Click in image to enlarge.

Here is the IMF’s chart showing the key linkages of the world’s riskiest bank: Deutsche Bank. Click in image to enlarge.

end

September 28, 2016 Posted by | Economics | , , , , , , , , , | Leave a comment

Deutsche Bank in Free Fall. Shares, CoCo Bonds Plunge. Merkel Gives Cold Shoulder on Bailout. Bank Denies Everything

germany-deutsche-bank-coco-bonds-2016-09-26

  • Deutsche Bank in Free Fall. Shares, CoCo Bonds Plunge. Merkel Gives Cold Shoulder on Bailout. Bank Denies Everything
    by , http://wolfstreet.com/ , 26 Sep 2016
    When will she buckle?
    Shares of Deutsche Bank got bashed 7.6% today, to €10.49 in Frankfurt, down 67% from April 2015, to the lowest level since they started trading on the Xetra exchange in 1992. They traded below that level in the early 1980s, but decades of inflation have whittled down the purchasing power so much that comparisons are meaningless. Deutsche Bank’s 5-year default probability spiked to the highest level this year.


    Its balance sheet, bloated with opaque risks, equals 58% of Germany’s GDP. It lost €6.8 billion last year. To hang on another day and to prop up Tier 1 capital, it has raised $20 billion in capital, in 2010 and 2014, by selling shares and diluted existing shareholders, and by issuing contingent convertible bonds.

    These infamous “CoCos” are designed to be “bailed in” before taxpayers get to foot the bill. Thus, they’re a measure of investor fears about getting bailed in.

    So when heck and high water came earlier this year, the bank responded by announcing on February 12 that it would buy back $5.4 billion of its own bonds! Everything soared! Even CoCos, though not included in the buyback, rose 24% over a few weeks. We have long ridiculed this manipulative move [here’s detailed explanation… Deutsche Bank’s CoCo Bonds Speak of Fear of the Worst].

    Now shares hit new lows, and the miserable CoCos are getting clobbered, dropping 2.7% today to 73 cents on the euro, down 28% from April 2015 when they still traded at 102 cents on the euro. They’re now just a smidgen from also setting new lows.

    read more.

end

September 28, 2016 Posted by | Economics | , , , , , , , | Leave a comment

BREAKING: The Real Reason Germans Were Told To Prepare for “NATIONAL CRISIS” — Deutsche Bank Going Under!?

http://www.mirror.co.uk/news/world-news/germany-warns-public-stockpile-food-8683208

Operation BlackJack 2.0 about to be activated? Click on image for article.

http://www.independent.co.uk/news/world/europe/germany-food-water-stockpile-warning-terror-attack-catastrophe-government-terrorism-a7203376.html

Click on image for article.

September 28, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , | Leave a comment

WARNING: Deutsche Bank Collapse Could BURY EU as Stocks Plunge FURTHER in Day Two CARNAGE. The Eurozone’s Banking System Could Implode, Dragging The Euro Down with It

http://www.express.co.uk/finance/city/714848/Deutsche-collapse-could-bury-eurozone-warn-experts-as-shares-plunge-further

Click on image for article.

September 27, 2016 Posted by | Economics | , , , , , , , , | Leave a comment

US Government Desperate In The Middle East & Moving Closer To Creating A Major Event

  • Published on Sep 26, 2016
    Multiple shootings in multiple cities, US Government and corporate media creating the atmosphere of chaos in the US. US sanctions a Chinese company that was doing business with NK. Duterte is now moving closer to China and Russia and further away from the US. US army bringing in about 2,000 troops to Germany. Russia moving nuclear weapons to its borders. Yemen moves its central bank away from the Houthi controlled areas. Syrian government has almost captured the entire city of Aleppo. US now pushing Russia, they want Russia out the UNSC. The US has nothing left, they will now need to create an event.

end

September 27, 2016 Posted by | GeoPolitics | , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Martial Law Rolls Out Across the US As Jubilee Nears

September 27, 2016 Posted by | Economics, GeoPolitics, Social Trends | , , , , , , , , , , , , , , , , | Leave a comment

Asylum Crisis in Sweden: Number of ‘No-Go Zones’ Rises, Police Lose Control

  • Published on Sep 26, 2016
    The inflow of asylum seekers in Sweden, a country with one of the most liberal laws towards refugees, is putting an increasing strain on the country’s police. There are now reportedly 55 areas in the country, where the law is not fully upheld. 

Sweden_rape_capital_of_the_world_MSM_cover_up

Sweden_rape_capital_of_the_world_75yrold_not_spared

end

September 27, 2016 Posted by | GeoPolitics, Social Trends | , , , , , , | Leave a comment

A Crashing Deutsche Bank Scrambles To Assure Markets That It Is “Fine”

deutschebank-man_in_coffin-i_m_fine_dont_worry

  • A Crashing Deutsche Bank Scrambles To Assure Markets That It Is “Fine”
    by Tyler Durden, http://www.zerohedge.com  
    With Deutsche Bank stock plunging to fresh all time lows in early trading after Merkel reportedly ruled out state aid the embattled German lender, the bank found itself in the unenviable position of once again having to defend its balance sheet to avoid further stock price declines, especially as doubts mounted if the German government response was due to a pre-emptive request for aid.  DB quickly tried to squash such speculation when a bank spokesman said that  “CEO John Cryan at no point asked the German Chancellor for the government to intervene in the U.S. Justice Department’s mortgages case.”

    He added that Deutsche Bank will solve its problems without relying on help from Berlin, Germany’s flagship lender said on Monday. The market remains unconvinced: shares in Germany’s biggest bank hit a record low of 10.62 euros on Monday…

    read more.

end

September 27, 2016 Posted by | Economics | , , , , , , | Leave a comment

Germany’s BIGGEST Bank ON BRINK: Deutsche Bank Hits RECORD LOW as Merkel Rules Out Bailout

http://www.express.co.uk/finance/city/714399/Deutsche-Bank-shares-hit-lowest-level-in-24-years-amid-concerns-of-state-bailout

Click on image for article.

September 27, 2016 Posted by | Economics | , , , , , , | Leave a comment

“It All Has A Very 2008 Feel To It” – For Deutsche Bank, The News Just Keeps Getting Worse

deutschebank-20160926

  • “It All Has A Very 2008 Feel To It” – For Deutsche Bank, The News Just Keeps Getting Worse
    by Tyler Durden, http://www.zerohedge.com  
    It has already been an abysmal day for Germany’s biggest lender: overnight Deutsche Bank plunged to fresh all time lows on speculation whether the German government would or wouldn’t provide state aid to the bank (if needed), forcing the bank to state it does not need the funds at the same time as the government urged markets that “you can’t compare” Deutsche Bank and that “other” bank, Lehman Brothers, although looking at the chart, one may beg to differ.

    However, while DB stock closed at session lows, over 7% lower on the day, with its market cap of $16 billion now rapidly approaching the $14 billion litigation settlement demanded by the DOJ, the bad news did not stop there.

    In a report issued an hour ago by Citigroup titled “Capital, Litigation & AT1 Coupon Risks”, bank analyst Andrew Coombs says that Deutsche reported an end-June CET1 ratio of 11.2% pro-forma for the HXB stake sale, but still only targets c11% by end-2016 as further litigation charges are assumed, with management expecting to resolve four of the five major outstanding litigation cases this year. To this Citi says that it “struggles” to see how Deutsche Bank can reach the fully-loaded SREP requirement of 12.25% in the medium-term.

    read more.

end

September 27, 2016 Posted by | Economics | , , , , | Leave a comment