Economic Collapse

[Justified]

Deutsche Bank Derivative Implosion have been confirmed by the pending sale of $1.1 TRILLION in derivatives to 3 US big banks

http://investmentwatchblog.com/deutsche-bank-derivative-implosion-have-been-confirmed-by-the-pending-sale-of-1-1-trillion-in-derivatives-to-3-us-big-banks/

“Deutsche Bank AG, the lender exiting some trading operations, is in talks with JPMorgan Chase & Co., Goldman Sachs Group Inc. and Citigroup Inc. to sell the last batches of about 1 trillion euros ($1.1 trillion) in complex financial instruments, people with knowledge of the matter said.”

Did you notice how Citigroup is a bidder but was left out of the title of the Bloomberg article?

That’s because this deal will put the American TAXPAYER on the hook for another $1.1 Trillion in toxic derivatives!

All of which will have to be paid out BEFORE the FDIC pays out any other insured deposits including YOUR checking and savings accounts!