German Chancellor Olaf Scholz: ‘No Reason To Worry’ As Deutsche Bank Bloodbath Reignites Global Bank Crisis Fears

Planned financial/economic collapse is coming, as predicted.

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Scholz: ‘No Reason To Worry’ As Deutsche Bank Bloodbath Reignites Global Bank Crisis Fears:

who did draw down that $60 billion foreign repo?

Update (0900ET): The jawboning has begun:

  • GERMANY’S SCHOLZ: EUROPEAN BANKING OVERSIGHT IS ROBUST AND STABLE, DEUTSCHE BANK IS `VERY PROFITABLE’, NO REASON FOR WORRY
  • ECB’S LAGARDE TELLS EU LEADERS EURO AREA BANKING SECTOR STRONG, ECB FULLY EQUIPPED TO PROVIDE LIQUIDITY TO EURO AREA FINANCIAL SYSTEM, IF NEEDED
  • MACRON: EUROPEAN BANKS HAVE SOLID FUNDAMENTALS

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