> A bank failure doesn't have to happen overnight A confirmed bankruptcy of Deutsche Bank would be followed by the collapse of 10s of banks, not in a day but m

> A bank failure doesn't have to happen overnight A confirmed bankruptcy of Deutsche Bank would be followed by the collapse of 10s of banks, not in a day but maybe few weeks. Quick enough for unleashing the biggest financial armageddon in the western world. > there will be no systemic risk to the global banking establishment [...] Are you sure? on June 30th the IMF said exactly the contrary: "Deutsche Bank Poses Greatest Risk to Financial System" http://www.nasdaq.com/article/deutsche-bank-poses-greatest-risk-to-financial-system-imf-says--2nd-update-20160630-00064 http://www.nasdaq.com/article/deutsche-bank-poses-greatest-r... or in a simple pic: http://cf.broadsheet.ie/wp-content/uploads/2016/06/risks.jpg http://cf.broadsheet.ie/wp-content/uploads/2016/06/risks.jpg