![\"Deutsche](\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2015\/09\/Deutsche-Bank.jpg\")
<\/a>Is something about to happen in Germany that will shake the entire world?\u00a0 According to disturbing new intel that I have received, a major financial event in Germany could be imminent.\u00a0 Now when I say imminent, I do not mean to suggest that it will happen tomorrow.\u00a0 But I do believe that we have entered a season of time when another \u201cLehman Brothers moment\u201d may occur.\u00a0 Most observers tend to regard Germany as the strong hub that is holding the rest of Europe together economically, but the truth is that serious trouble is brewing under the surface.\u00a0 As I write this, the German DAX stock index is down close to 20 percent from the all-time high that was set back in April, and there are lots of signs of turmoil at Germany\u2019s largest bank.\u00a0 There are very few banks in the world that are more prestigious or more influential than Deutsche Bank, and it has been making headlines for all of the wrong reasons recently.<\/span><\/p>\nJust like we saw with Lehman Brothers, banks that are \u201ctoo big to fail\u201d don\u2019t suddenly collapse overnight.\u00a0 The truth is that there are always warning signs in advance if you look closely enough.<\/span><\/p>\n In early 2014, shares of Deutsche Bank were trading above 50 dollars a share.\u00a0 Since that time, they have fallen by more than 40 percent, and they are now trading below 29 dollars a share.<\/span><\/p>\n It is common knowledge that the corporate culture at Deutsche Bank is deeply corrupt, and the bank has been exceedingly reckless in recent years.<\/span><\/p>\n If you are exceedingly reckless and you win all the time, that is okay.\u00a0 Unfortunately for Deutsche Bank, they have increasingly been on the losing end of things.<\/span><\/p>\n Prior to the \u201csudden collapse\u201d of Lehman Brothers on September 15th, 2008, there had been media reports of mass layoffs at the firm.\u00a0 To give you just a couple of examples, CNBC reported on this on March 10th, 2008<\/a><\/strong><\/span> and the New York Times reported on this on August 28th, 2008<\/a>.<\/strong><\/span><\/span><\/p>\n When big banks start getting into serious trouble, this is what they do.\u00a0 They start getting rid of staff.\u00a0 That is why the massive job cuts that Deutsche Bank just announced\u00a0are so troubling<\/a><\/strong><\/span>\u2026<\/span><\/p>\n Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff<\/strong>, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.<\/span><\/p>\n That would bring the group\u2019s workforce down to around 75,000 full-time positions under a reorganization being finalised by new Chief Executive John Cryan, who took control of Germany\u2019s biggest bank in July with the promise to cut costs.<\/span><\/p>\n Cryan presented preliminary details of the plan to members of the supervisory board at the weekend. A spokesman for the bank declined comment.<\/span><\/p><\/blockquote>\n Deutsche Bank has also been facing mounting legal troubles.\u00a0 The following is a brief excerpt from a recent\u00a0Zero Hedge article<\/a><\/strong><\/span>\u2026<\/span><\/p>\n The bank, which has paid out more than $9 billion over the past three years alone to settle legacy litigation, has become something of a poster child for corrupt corporate culture<\/strong>.<\/span><\/p>\n In April, Deutsche settled rate rigging charges with the DoJ for $2.5 billion (or about $25,474 per employee) and subsequently paid $55 million to the SEC (an agency that\u2019s been run by former Deutsche Bank employees and their close associates for years) in connection with allegations it deliberately mismarked its crisis-era LSS book to the tune of at least $5 billion.<\/span><\/p>\n But it was out of the frying pan and into the fire so to speak, because early last month, the DoJ announced it would seek to extract a fresh round of MBS-related settlements from banks that knowingly packaged and sold shoddy CDOs in the lead up to the crisis. JP Morgan, Bank of America, and Citi settled MBS probes when the DoJ was operating under the incomparable (and we mean that in a derisive way) Eric Holder but now, emboldened by her pyrrhic victory over Wall Street\u2019s FX manipulators, new Attorney General Loretta Lynch is set to go after Barclays PLC, Credit Suisse Group AG, Deutsche Bank AG, HSBC Holdings PLC, Royal Bank of Scotland Group PLC,UBS AG and Wells Fargo & Co.<\/span><\/p><\/blockquote>\n Of course the legal troubles are just the tip of the iceberg of what has been going on over at\u00a0Deutsche Bank over the past couple of years.\u00a0 The following is a pretty good timeline of some of the major events that have hit Deutsche Bank since the beginning of last year.\u00a0 It comes from a NotQuant article that was published back in June entitled \u201cIs Deutsche Bank the next Lehman?<\/a><\/strong><\/span>\u201c\u2026<\/span><\/p>\n Are you starting to get the picture?\u00a0 These are not signs of a healthy bank.<\/span><\/p>\n What makes things even worse is how recklessly Deutsche Bank has been behaving.\u00a0 At one point, it was estimated that Deutsche Bank had a staggering 75 trillion dollars<\/a><\/strong><\/span> worth of exposure to derivatives.\u00a0 Keep in mind that German GDP for an entire year is only about 4 trillion dollars.\u00a0 So when Deutsche Bank finally collapses, there won\u2019t be enough money in Europe (or anywhere else for that matter) to clean up the mess.\u00a0 This is a perfect example of why I am constantly hammering<\/a><\/strong><\/span> on the danger of these \u201cweapons of financial mass destruction\u201d.<\/span><\/p>\n If Deutsche Bank were to totally collapse, it would be a financial disaster far worse than Lehman Brothers.\u00a0 It would literally take down the entire European financial system and cause global financial panic on a scale that none of us have ever seen before.<\/span><\/p>\n On a personal note, I apologize for not posting anything last week.\u00a0 I traveled to two very important conferences and was living out of a suitcase for about eight days.<\/span><\/p>\n There has been a bit of a lull in the action over the past couple of weeks, but I expect that to end very shortly.\u00a0 I believe that the rest of 2015 is going to be incredibly chaotic, and we are going to see some things happen that most people could not even conceive of right now.<\/span><\/p>\n In the days that are directly ahead, I encourage people to keep a close eye on both Germany and Japan.<\/span><\/p>\n\n