This Is How A Bank Run Starts
by Bill Holter, via Silver Doctors:
Three serious concurrent events:
Deutsche Bank may be having their “Lehman moment” as 10 hedge funds have withdrawn funds and are cutting exposure to the bank.
This is how a “bank run” starts folks. Quite convenient that this Monday is a banking holiday in Germany. If this is a Lehman-type moment, we will have a far larger event in a more compressed time-frame than we had in 2008.The veto of the Saudi 9-11 bill was overridden in the House and Senate.
The implications of this are massive. Think “Rollover” (film from the 1980's) by multiples, with the added negative that the U.S. is no longer the sole military superpower. The important thing to understand is that the assets that get sold in dollars…will not remain in dollars very long!It looks like John Kerry is threatening to cut off diplomatic ties with Russia.
This is horrific on many levels and impacts the survival of the human race. Understand the “timing” of this particular item.
All three of these events are happening at the same time. This is not coincidence.
The take-down of the Western standard of living is happening in real time, right now.
Ignore this at your own risk.
Standing watch,
Bill Holter
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