Never believe anything until it has been officially denied. So the saying goes. So, as Deutsche Bank has denied it is seeking assistance from Berlin and Berlin has denied it plans to bailout Deutsche Bank, should we all start believing the worst? Mitch Feierstein says, “Indeed, we should. Because you can’t taper a Ponzi, and Deutsche Bank is the biggest of them all.” With over $60 trillion in derivatives, they discuss the crash scenario for the world.
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