WILL SOROS LEAD ATTACK AGAINST DEUTSCHE BANK?


The credit rating agency Moody’s has cut Deutsche Bank’s debt rating for unsecured senior debt to Baa2 from Baa1, two notches above junk status, fuelling fears that the bank may soon become the victim of a speculative attack.

Moody’s also cut Deutsche Bank’s long-term deposit rating one notch from A2 to A3.

http://info.kopp-verlag.de/hintergruende/deutschland/michael-snyder/wird-die-deutsche-bank-die-gegenwaertigen-turbulenzen-ueberleben-oder-wird-sie-wie-lehman-brothers-u.html

Billionaire George Soros has divested himself of a third of his U.S. stock investments and investing heavily in gold, positioning himself to profit from any repeat of the 2007-08 at global financial crisis he has been warning about.

http://www.bloomberg.com/news/articles/2016-05-16/billionaire-soros-cuts-u-s-stocks-by-37-buys-gold-producer

Any collapse of Deutsche Bank would have catastrophic consequences not just for Germany’s economy, society and politics but for Europe’s and the world’s.

 

 

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