Josh Sigurdson talks with Tim Picciott about the fall of Deutsche Bank as the bank desperately attempts to stay afloat by laying off more people.
Tens of thousands of jobs have been cut at Deutsche Bank over the past couple of years all while the share price has been in a steady down turn going back to the 2008 recession. Deutsche Bank is a perfect example of how the recession never ended and was simply just papered over with fake currency.
With a massive derivatives exposure and nowhere to go but down, Deutsche Bank is truly on the brink of disaster.
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