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RE: Why alarm bells should be ringing around the World..!! Deutsche Bank remains in a critical state. Current Price = $11.22. Bearish. Are we set to see a repeat of 2008? Absolutely!

in #money8 years ago

If Deutsche Bank goes bankrupt, we're looking at another bank crisis that his time will start in Europe and have ramifications all over the world.
What will happen in the crypto world is what makes me more curious? Will people shift their savings to crypto or will they keep trusting the banks?
From the money i save, 33% goes to invest in banks produtcs, 33% physical assets, 33% crypto. I try to stay protected investing like this :)

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crypto is tied to fiat, this is why it's not a future currency at all, crypto is merely a copy but virtual, crypto will not be around for long, maybe 20 years in total maybe a bit longer. but the true value remains in Gold, always has been.

Nonetheless the world needs a financial crash especially the Euro it has to go. the entire system needs to fall apart and the sooner the better.