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‘Yes, Deutsche Bank fail would cause global catastrophe’

Gee Gee Tee
Gee Gee Tee - 279 Views
Published on 12 Jul 2019 / In News and Politics

Rick Sanchez discusses the global systemic risk posed by Deutsche Bank and banks of their size. Then author Ian Winer joins to share his insights. He says there’s no chance that Deutsche Bank will be allowed to fail due to the catastrophic effect it would have on the global financial system. But is bailing out Deutsche Bank a reward for their corrupt and risky behavior?

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Gee Gee Tee
Gee Gee Tee 1 year ago

If I wanted to bankrupt a nation I'd pretend some banks "collapsed" and pass their debt on to the people of that nation. We've seen this scenario playing before our eyes far too many times to believe that "failed policies" are to blame.

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