BIG GLOBAL BANKS IN TROUBLE

BIG GLOBAL BANKS IN TROUBLE

 

http://www.sisterraquel.com/2016/09/big-global-banks-in-trouble

 

eastwind journals 192

 

By Bernie V. Lopez

eastwindreplyctr@gmail.com

Permission is granted to re-publish with credits and notification.

Disclaimer – the views in this article are those of the author alone.

 

As reported by my global e-nomad friend Tony A., the last 3 to 4 years were supposed to be recovery years. Why are some big global banks losing 65% -75% of their value? Let us cite 3 big banks, as of September 25, 2016. (Source – www.BigCharts.com).

 

Deutsche Bank – from a high of 40 (DBK weekly) down to 10, 75% collapse.

Commerzbank – from a high of 14.5 (CBK weekly) down to 5, 65% collapse.

Credit Suisse – from a high of 30 (CSGN weekly) down to 10, 65% collapse.

 

Deutsche Bank

Commerzbank

Credit Suisse

The same trend is happening in the US, Spain, Italy, Scotland, and a dozen other countries. Doomsday economic experts say that there is a silent omen screaming at us – global economic meltdown. This can happen once critical mass is achieved, and a domino effect ensues on other smaller local banks on a global scale.

 

When the rubber snaps, it will be quick and will catch the world by surprise. Experts say it will surely come. We just do not know when. The effects will be massive, worse than a hundred tsunamis, hurricanes, or earthquakes. There will be massive famines and energy wars killing millions. Global economic meltdown is the mother of all disasters.  eastwindreplyctr@gmail.com

 

there will be blood and fire

the sun will be turned into darkness

the moon into blood

on the great and terrible day of My coming

all who call on My name shall be saved

 

Joel 3:1-5

 

 

 

 

amdg