US and Russia Close to War, Global Economy on Brink of Collapse, NBC Biased for Clinton (Video)

The United States is reportedly suspending diplomacy with Russia, and it also says it’s preparing military options in Syria. The U.S. has asked Russia to stop its bombing campaign in Syria, and Russia will not agree to do so.  State Department spokesman John Kirby says, “More Russian lives will be lost, and more Russian aircraft will be shot down.”  This is a serious escalation between Washington and the Kremlin, and the only outcome to this is a wider war in Syria that could mean an eventual global war between America and Russia that would, no doubt, involve all allies as well.

Deutsche Bank (DB), that was deemed the “most systemically dangerous bank” by the IMF this year, is in big trouble. Depositors and hedge funds have been pulling money out of the bank, and the stock price is falling like a stone.  Deutsche Bank shares fell nearly 6.7% on Thursday, and Wall Street sold off.  Now, there are rumors that Germany will have to step, in but that is politically dicey and by no means guaranteed.  DB has been compared to Lehman Brothers, which many say started the 2008 financial meltdown.  DB is much larger and way more leveraged than Lehman was in the last financial calamity.  Many other banks, especially in Europe, are plagued with big solvency problems and liquidity problems.  DB could be the first very big domino that starts a chain of defaults.

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Greg Hunter

Greg is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. Greg Hunter’s USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.