John Rubino – The Perils of Deutsche Bank and All the Problems of the World
John Rubino joined us for our Monday morning chat. Deutsche Bank’s troubles are continuing and compounding. Something will have to be done soon or it’s going to collapse. Our opinion is that it will be nationalized along with many or most of Europe’s largest banks. It’s all about derivatives and leverage and no one knows what the true state of the world’s banks really is. We also discussed the Donald’s taxes and much more.