Wednesday 1 April 2020

Was the Deutsche Bank collapse predicted?

Bad Banks

Germany is in such a bad state, the German economists say the country will never recover. To give you an idea of how bad the financial state is, if you were to write the figure it would be 30 followed by 14 zeroes.
Watching the series, Bad Banks gets me wondering, was the collapse of the Deutsche Bank predicted?

Angela Merkel will get the blame for its decline with her Open Door policy that allowed the country to get flooded with Muslims, but the system began to fail back in 1978; I know because I was working in Germany at the time.

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