The Deutsche Links Motherload

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I’m KooKoo For CoCo Bonds!

In the near term, much depends on the fate of Deutsche bank’s talks with the U.S. Justice Department over their $14 billion mortgage fine. Anything over $6.72 billion will cause real problems in regard to Deutsche’s ability to make coupon payments on the bank’s contingent convertible, or CoCo, bonds. But, even if the fine is watered down, the penalty will still increase Deutsche Bank’s need to tap investors for more cash.

CoCo bonds are hybrid instruments that convert to equity when a bank’s capital level falls below a certain threshold. By design, a missed CoCo coupon payment isn’t considered a default.
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Deutsche Bank shareholders in for more pain
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Deutsche Bank bailout would be political suicide for Merkel, analysts warn
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Deutsche Bank Shares Fall Below €10 First Time Ever; Commerzbank Down 6% (CNBC) 
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Gundlach: The Market Will Keep Pushing Deutsche Lower Till It’s Bailed Out (ZH)
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Fines, Withdrawals, Job Cuts. It Was an Ugly Day for Global Banks (BBG)
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U.S. Stocks Retreat as Deutsche Bank Woes Hit Financial Shares (BBG)
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Germany Under Pressure To Show It’s Ready To Rescue Deutsche Bank (CNBC)
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Deutsche Bank Exposes Europe’s Capital Shortfall (BBG)
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ING, Largest Dutch Lender, To Announce Thousands Of Job Cuts (BBG)
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Commerzbank To Axe Nearly 10,000 Jobs (R.)  
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This Is How Much Liquidity Deutsche Bank Has At This Moment, And What Happens Next
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Deutsche Bank CEO Writes Memo To Employees, Blames “Speculators”, Confirms Liquidity Flight
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Germany Says No Bailouts for Deutsche Bank or Any Other Struggling Lenders
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Barclays, Deutsche Bank and Credit Suisse face billions in fines before the US election
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The Deutsche domino

 

 

 

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Your FRIDAY Morning Collapse One Day Early

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Doggy Heaven!

Would you like a news black out during the start of 1) WWWIII, 2) financial collapse and 3) revolution? Could happen tomorrow! I know I’m always wrong, but I only gotta be right once, don’t I? Cheers.

RED ALERT: A HUGE solar storm is heading towards Earth which could leave us without mobile phones, satellite TV and even electricity by Friday

‘Radioactive’ Deutsche Bank Could Go Nuclear At Any Time (Exp.)

China Beige Book Flashes Red

China’s Trump Bursts Real Estate Balloon

Bank Monopoly: Get out of jail free, pass go, collect $200

Financial Quicksand Nightmare

Trudeau Gets His Clinton On In Gas Deal

Pakistan Threatens India Nuke

Aleppo: Slaughter House Five

IMF Seeing Things Again

PAIN – Germany’s Second Biggest Bank: Commerzbank Scraps Dividend, Fires 20% Of Workforce

“Aleppo is worse than a slaughterhouse” – Ban Ki-moon

US drives rainforest destruction by importing Amazon oil

In The Midst Of Drought, California Farmers Used MORE Water For Almonds

Europe’s banks ‘not investable’ says top banker amid Deutsche Bank crisis

Why People Have Been Worrying About Deutsche Bank, in 12 Charts

The Chinese Banks Eating Wall Street’s Lunch in Asia

9/11 Bill Crashes Saudi Stock Exchange, Bond Market Ambitions

 

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Wednesday Morning Collapse

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After washing my brains with mushrooms over the weekend, I’m back with renewed vigour. There’s a lot here, so enjoy. I think I’m finally getting a handle on this internet thingy. But now, I gotta go to work to shrink wrap boats.

“Negative Growth” of Real Wages is Normal for Much of the Workforce (WS) 

Grocery Prices Are Plunging (BBG) 

EU Banking Mayhem, One Bank at a Time, then All at Once (WS)

Deutsche Bank Troubles Cast Long Shadow Over European Banking (BBG)

IMF Warns Central Banks Could Lose Deflation Fight (AFP)

Global Container Volume on Track for Worst Year Since 2009 (WSJ)

Single Clothes Wash May Release 700,000 Microplastic Fibres (G.)

Chinese banks and companies are currently involved in at least 79 coal fired generation projects, with a total capacity of over 52 GW, more than the 46 GW of planned coal closures in the US by 2020.

While Washington Talks, Africa’s Oceans Remain in Danger

A third of men aged 25-54 will be out of work by 2050

Deutsche CEO Goes Full ‘Dick Fuld’: Bailout “Out Of The Question” Sees “Few Risks… Comfortable Liquidity”

“The Only Way Out Is Creative Destruction” Sinn Fears “Self-Inflicted Malaise”

Sweden Creates 55 “No-Go Zones” As It Loses Control Of Refugee Crisis

U.S. Corporations Side With Saudi Arabia Against The American People Over 9/11 Victims Bill

Bridgewater Calculates How Much Time Central Banks Have Left

Germany Working On Deutsche Bank Rescue Plan As Lender Sells Unit To Shore Up Liquidity

China Is Buying Land in Africa and South America to Ensure Its Food Supply

‘Aquatic Cocaine’ Is Killing The World’s Cutest Porpoise

US to Fail Paris Emissions Pledge Without ‘Fundamental Change’

Deutsche Bank shares fall to new low after another turbulent day

Deutsche Bank debt is taking a beating

German banks pose threat to EU, claims Lamont

Science in crisis: from the sugar scam to Brexit, our faith in experts is fading

Endangered species rule changed, angering environmental group

Saudi Arabia is showing signs of financial strain as its relationship with the US sours

How Fracking is Re-Calibrating Global Geo-Politics

A New Debate Over Pricing the Risks of Climate Change

Greenland’s receding icecap to expose top-secret US nuclear project

In ‘Unprecedented’ Move, India Ditches SAARC Summit in Pakistan, Sees Cross-Border Link to Uri 

Modi turns to river politics to avenge Kashmir attack

WTO Slashes Global Trade Forecast by 39% Since April: “Wake-Up Call” Says WTO Director

 

 

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Saturday Morning Collapse

China Starts Default-Swap Trading as Buffer Against Failures
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Washington’s Hawks Push New Cold War
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How Reddit Ruined The Hillary Clinton Campaign
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€18 In ECB QE Generated Just €1 In GDP Growth
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Plunging Velocity of Money Closes Fed Window
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NATO’s Expansion Parade Makes America Less Secure
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Health Warning! “Realism” Virus Afflicting Mainstream Economists
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Obama Just Tied Climate Change to National Security
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Black-White Wage Gap Increases Under Obama
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Hillary Emailgate: How One Twitter User Proved The “Intent” That The FBI Missed After Months “Investigating”
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Refugee Rape: 60% Of Refugees Are Women And Children
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Xenophobia And Hate Exacerbate The Plight Of Refugees Around The World
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Dire Effects Of Climate Change Going Unheeded
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As Nations Embrace The Paris Climate Agreement, World’s Existing Fossil Fuels Set To Exceed Its Goals
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California Fire Becomes The Most Expensive In History
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We Just Lived Through The Hottest Summer In Recorded History
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Did You Know It Was Climate Week? Climate Fashion.
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Two Million Without Water In Aleppo After Intense Airstrikes
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Moody’s Downgrades Turkey’s Credit Rating To Junk Status
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My Friday Morning Collapse

One or two posts might be off because my wife twisted my rubber drinking arm last night, very successfully I might add
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Taxpayers Subsidized Wells Fargo Executive Pay Amid Bank’s Fraud
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Deutsche Bank Woes Sparks Concern Among German Lawmakers
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The US road map to balkanize Syria
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Charlotte Riots: Family Sees Video, Says Keith Scott Was Walking Backward When He Was Shot
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News Flash: America Is Not the Greatest Country on Earth. It’s No. 28
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U.S. Military Warns of Climate-Driven ‘Instability on an International Scale’
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Nestlé Can Keep Piping Water Out of Drought-Stricken California Despite Permit Expiring in 1988
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Italy Is The EU’s Weakest Link
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How Does A 60% Increase In NYC Homelessness Constitute A Recovery?
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Syrian War Reaches Dead End, WWWIII Begins
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Wells Fargo Fine Print Says Customers Can`t Sue
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Regulators Expect Monte Dei Paschi To Ask Italy For Help
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You’re Not as Rich as You Think
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Time to ‘Be Alarmed’ about Emerging Market Debt: UN
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The Coming Wave of Defaults Will Be Devastating
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Bad Debts In Chinese Banking System 10 Times Higher Than Admitted: Fitch
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My Very Own Reality Collapse

Three people have inspired me
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1. Ozzie Zehner – Green Illusions author
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3. Guy McPherson – Dr. Doom
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3. Gail Tverberg – Super Chick
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The internet is driving me crazy. I normally wouldn’t watch anything put out by White Christian Males, and I never have, but it scared to think he could be right, and so lo and behold, he is. You see, some people think Clinton’s Greensboro rally was green screened, but it takes a white Christian to debunk it.
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Christians Guys – 1, Smart Guys – 0
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You can’t tell what’s real in video anymore. They got software that can animate your face on video any way they want.
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Video ≠ Reality
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You be the judge.
The Greensboro video.
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This is Stonetear video
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I don’t subscribe to his beliefs, but he’s nailing two very important issues.
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Your Tuesday Morning Collapse

CNN says we cannot stop killing the women and children of Yemen because American jobs depend on it. We are killing them with cluster bombs and phosphorus bullets for fun, profit and jobs. We can’t kill woman and children in foreign countries and live like green energy hobbits at home. This will not happen. It is impossible.
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Snowden says elite cabals of American technocrats operate illegally out in the open because of a cowed and bought off  U.S. supreme court.
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Killary’s “oh shit” tech wizard was on reddit looking for disc wiping advice just before the shit hit the fan. The FBI ignores this.
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Trump looks like the offspring of Mussolini and an orangutan, but even he is not as scary as the Big Ill Kill.
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America’s response to habitat extinction and collapse is to propose spending a trillion bucks on giant wind mills in the oceans. The same oceans that will see 200 mile long lightning bolts and monster mega storms that will make Sandy seem like a tea cup swirl. This monster mega-project will take decades to build and will only reduce America’s emissions 1.8%.
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Today, the BOJ and FED are playing musical-chairs/hot-potato with our money while trying to figure out how to totally rid us of it. Once the cash money is gone, they can ‘negative interest rate’ us to death all they want, and we can’t stop them. They will ‘negative rate’ and ‘fee’ the fuck out of us.
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All this is happening while we should be well along in adopting James Hansen’s carbon tax dividends into a new world carbon based e-currency. Money is corrupt, but we need money to save us. We want our guns and windmills too. This is impossible. Totally and undeniably impossible.
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All the happy talk of fish sanctuaries and wildlife corridors ignores the pillage and plunder character imperative. The one that makes us talk like hippies and act like thieves. James Hansen begged environmentalists to stop opposition to nuclear power, they told him in so many words to go fuck himself, so now he’s working with China, helping them build 400 nuclear power plants by 2050.
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America and Northern Europe can’t sell weapons to a collapsing world while hiding behind walls. When energy poverty arrives around 2030, humans will stop being free and slavery will return within these walls. Something like 3% of Americans own 50% of its guns and the people with the guns won’t be the slaves.
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America sold Monsanto to Germany, the same people who brought us bee killing neonics and diesel emissions fraud. These people are going to destroy earth’s soil to poison us with GM food while selling the world cars that run on palm oil.
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You’ll notice that nearly all the so-called ‘progressive’ websites are all slanted towards Killary. This is wrong. If Hillary Clinton becomes president, humanity is doomed because she wants to get rich killing the poor in foreign countries while enslaving her own poor at home.
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Fishing Tips

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