Keiser Report: Deutsche Bank’s Death Spiral

In this episode of the Keiser Report, Max and Stacy start with the Financial Times headlines announcing what Keiser Report had warned would happen: Deutsche Bank’s new ‘bad bank’ for all of their toxic derivatives. Once again, the profits are privatized while the risks are socialized onto the backs of the German taxpayers. They then look at the charts from WolfStreet.com showing Deutsche Bank’s death spiral as the share price has dropped by over 90% since the 2008 financial crisis. In the second half, Max interviews banker and author Mitch Feierstein of PlanetPonzi.com about what happens when central bankers try to taper a ponzi: you get a bad bank for Deutsche Bank. Are we heading into another financial crisis? And, if so, what will central bankers do to make it worse this time?
See Also: (Max Keiser) – Keiser Report: Our Risk, Their Reward

In this episode of the Keiser Report, Max and Stacy start with some blaring headlines from the financial press to demonstrate how when signs look bad for the ordinary worker and consumer, good times are set to follow for Wall Street. The same holds with systems like food where the more research comes in about the harmful effects of certain pesticides, like RoundUp, the more the ruling class insists on using it. They look at the data showing the decline in trust and the rise in gold reserves around the world, especially in Russia and China. In the second half, Max continues his interview with Michael Pento of PentoPort.com about the gold versus bitcoin markets, a possible digital Special Drawing Right and the ‘Drop Gold’ campaign working on Millennial buyers of ‘store of value.’