The Banks Will FALL! – Federal Reserve Extends Deutsche Bank’s CRISIS Plan

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news out of the Federal Reserve following its announcement that it will extend Deutsche Bank’s time to come up with a living will alongside 4 other banks.
The living will submission regards the bank’s plan for a dissolution following a crisis/bankruptcy.
Alongside Deutshe Bank is Barclays, Credit Suisse Group and UBS. All financial institutions will have to come up with a living will by July 1st, 2020 rather than their previous date of July 1st, 2019.
Prudential Financial on the other hand faces a new submission deadline of December 31st, 2019.
This is a further example of the Federal Reserve attempting to push off the inevitable. They know these banks are all insolvent. They know they will go down and they know they will cause a title wave or domino effect when they do. So for that reason, they want to prop up the system a little longer. These banks can’t even go bankrupt properly!
We’ve viewed the cash to deposit ratio among these banks and the amount of deposits covered in cash is astonishingly low!

This is the inevitable result of vast centralization and printing of currency, not to mention getting incredibly tied up in the extremely manipulated derivatives markets worldwide.

All fiat currencies eventually revert to their true value of zero. They always have, they always will going back to 1024 AD in China. This time will be no different, though it will be worse. As this system has been propped up longer than any other, it will come down harder and for that reason individuals needs to get prepared. Individuals must be self sustainable and financially responsible. They must protect their wealth and decentralize everything.

Stay tuned as we continue to cover this issue closely!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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World Alternative Media
2018

“Find the truth, be the change!”

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29 Comments

  • Barry Dutton Sells Homes
    Reply

    Also, further in you say dealing with the banks is voluntary. I am not sure it truly is. The markets like you always say are rigged, just like the fraudulent ponzi fiat money systems centrally banked. and colluded on. They all force you to deal with them in their manufactured ways, which as I said, are all colluded upon and thus manipulated. That is not a free market. It is a fee market. So to speak.

  • gemini232003
    Reply

    Mark Dice, was offering a 10 oz bar of silver or the chocolate bar, and yes everyone took the chocolate. He also did a few with a 1 oz gold coin.

  • Miss-andry Begone
    Reply

    So, when these banks fail that means they can not continue trading. When “normal” businesses fail and go bank-rupt, they cann’t pull back in money from others. So, those with mortgages or loans should be able to walk away from payment to the bank. OR am I wrong?

  • gary burns
    Reply

    No companies here will pay you in Bit coin or Gold.   They will open the door for you after they fire you .   Most companies wont pay you by check. They want to pay you on a bank card or auto deposit which I hate.  Last time I checked ,  there was no law that said you must have a bank account to be hired by a company.   I cant believe someone has not sued over that.

  • No Hope Equals no fear
    Reply

    John, i love your steady gaze. Your a carpet bagger. Run for senate. You guys understand the scam so well. Maybe you can help to reform the system.

  • No Hope Equals no fear
    Reply

    Yes, look at 2008. Lets do that again. It definitely worked out well for goldman sach and slimy warren buffet (wells fargo vulture)

  • wayne mcclory
    Reply

    Tuesday we are taking all are money out of the stock market and banks to buy gold and silver. Then we are taking a loan from Are 401k to buy more precious metals. Also selling the second car along with the boat to buy MORE gold. So in a few short months when the world economy crashes we will be HAPPY and then we will buy a MONKEY or a K car. Seriously get out of all markets and own Precious Metals be you loose everything.

  • Wallace Banach
    Reply

    Didn’t Voltaire say that thing about all fiat currencies?
    Don’t forget to give him the credit if he did, so YouTube doesn’t punish you for using his quote without giving him credit ;-).

  • sciflyer67
    Reply

    If the Bitcoin ETF is actually deliverable Bitcoin, that would take some of the fraud out of it especially when people demanded delivery

  • Varuzh Shakbazyan
    Reply

    So these guys have 1289 videos published on YouTube and maybe 1,000 of the them are the whole thing is crashing down videos. Video 881 published in September 2016 about Deutsche bank propped up and the scramble to save them. And here we are 2 years later and guess what ? Deutsche Bank is still there and now you are doing another video on it’s emminent collapse.

    Gold hasn’t skyrocketed and neither has silver. Crypto has leveled off, the stock market has not collapsed. Yet every new video you guys post is the collapse is near. You’ve been peddling that crap for 3 years.

    As much as you would love for the world currency system to collapse, government will not allow that. The only way that can happen is governments across the globe fall apart. Then what? What will you use as money? The printed notes that will now be worthless? Gold coins? Do you have any? Bitcoin? Lol, good luck with that.

    Besides, if the monetary system melts down how will you YouTube pay you for your videos? You think they have vault full of gold coins that they will mail to you? Idiots!

    According to these 2 geniuses, all the money that they are not putting into the bank and stuffing into their safe will eventually be worth nothing. If printed money and all money in general will revert to zero then why bother taking it out of the bank? What should everyone do buy gold bars?

    Any body listening to these clown needs to have their head examined.

  • Peter Oitzinger
    Reply

    As the Central Banks keep printing, they get stronger. Think about it. They are buying up real assets (for free – money issued out of thin air) and also make debt slaves out of the population. They can print more and more fiat currency and the vast majority of people have NFI what’s going on. You won’t bring these psychopaths down with silver, gold or crypto. As George Carlin said, “they own this fucking place”.

  • TheKnightsOfCamelot
    Reply

    I hope all the big banks will fail. We as a species have been led down the road of debt, disfunction, divorce, depression, division, degeneration, decadence, and death for too long and we must learn again to be self-reliant, self-determined and self-owned countries again.

  • Cyrus992
    Reply

    We will see a crash/correction, but it won’t be as bad as ten years ago.

    Don’t buy so much into doom and gloom! Look at their track records!

  • Patrick Trussell
    Reply

    Maybe , the banks are not so stupid . The best way to rob a bank is to own one. What do this bankers care if the bank goes bankrupt ? It is just a building . Once the bankers have bleed the bank and depositors dry. They cash in a and the parasites go to the next host .

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