Economist’s Stark Warning: Short This European Bank “It’s 2008 All Over Again”
Deutsche Bank, one of the world’s most prominent financial institutions, is crumbling before our very eyes.
The stock first dropped 40% … then 60% … and is currently plummeting past 80%.
Many economist are now warning that the fall of Deutsche Bank will spark a global economic collapse that will make the 2008 crisis look like a walk in the park.
“Deutsche Bank is Lehman Brothers all over again,” warns economist James Dale Davidson. “And just like the fall of Lehman Brothers ignited the 2008 collapse, the fall of Deutsche Bank will ignite a 2017 collapse. But this time it will be worse. Much worse.”
Unfortunately, Davidson cites horrifying evidence to back up his claim.
Most startling of all is the fact that Deutsche Bank has been meddling with the exact same toxic investment that brought down Lehman Brothers … derivatives!
[Note: Warren Buffett, perhaps the best investor of all time, says derivatives are “financial weapons of mass destruction, carrying dangers that, while latent, are potentially lethal.”]
However, there is one critical difference between Lehman Brothers and Deutsche Bank.
Lehman Brothers “only” had $738 billion in derivatives.
Deutsche Bank currently has $46 TRILLION in derivatives.
“It’s like watching a car crash in slow motion,” says Davidson, “However, in this crash, it’s the bystanders — the people on Main Street — who are going to get hurt. The bankers will be just fine. They always are.”
However, thanks to Davidson, thousands of Main Street investors will not only survive the looming crash, they will prosper. In his financial research service, Strategic Investment, Davidson recommended shorting Deutsche Bank before its recent collapse, giving his readers the chance to make 23% gains in the last month.
So, although the economic future may seem bleak, as Davidson says, “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you can seize opportunities that come along once, maybe twice, in a lifetime.”
Indeed, in a new controversial video, Davidson reveals how he and his family have made millions doing just that, and what he and his family are doing to prepare right now to profit as the economy crumbles.
Editor’s Note: While Davidson intended his video for a private audience only, original viewers leaked it out, and now tens of thousands are downloading the video every day. With his permission, I reposted the video above. To start the presentation, simply click on the play button or click here.