Author Topic: How Can DB Offer 5% returns? Simple, Bail In Accounts Before Pay Back Due.  (Read 1555 times)

Offline infinitum

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Interesting interview with Greg Hunter and Bix Weir. When Bix is asked how Deutsche Bank can pay 5% interest, all due by the end of the third quarter, Bix replies that they have no intention of paying it back. It’s merely a ploy for liquidity, that would be due by the end of the third quarter, but Deutsche Bank figures it will be out of business by then.

http://www.youtube.com/v/zMCC58IZfog




Offline Ellipses

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A cat thrown amongst the pigeons here.

Let's watch this space