WTF Just Happened? Elites Scramble to Disable the Italian Economic Landmine

Italy is financially disintegrating.  The banking world would not care except for one small detail:  If Italy defaults in its debt obligations, it will set off a daisy-chain of OTC derivative credit default swap defaults resembling a financial nuclear holocaust.  This chart of Deutsche Bank’s stock price reflects the growing risk of this event:

Deutsche Bank has been hitting all-time lows since its listing on the NYSE in October 2001. The systemic risk posed by a financial collapse of Deutsche Bank is enormous. Yet, it should be allowed to occur to prevent the continued transfer of U.S. and European taxpayer money to fund DB’s payroll and large bonuses. The schizophrenic volatility of the stock markets is further reflection of the underlying financial volcano in danger of erupting.

In the latest episode of WTF Just Happened, Eric Dubin and Dave Kranzler discuss ongoing financial collapse of Italy and the likely method employed by the Fed, ECB, and BIS to keep the banking system corpse on life support (WTF Just Happened is a produced in association with Wall St. For Main Street – Eric Dubin may be reached at


Visit these links to learn more about the Investment Research Dynamic’s Mining Stock Journal and Short Seller’s Journal.  I recommended Almadex Minerals at 28 cents in April 2016 – it closed Friday at $1.13.  I recommended shorting Hovnanian at $2.88 in January  – it closed at $1.89 on Friday and has been as low as $1.70.

3 thoughts on “WTF Just Happened? Elites Scramble to Disable the Italian Economic Landmine

  1. What we have witnessed over the last decade is the systematic dismantling of all the normal alarm mechanisms in the markets. You can turn off the tsunami alert system but that won’t stop tsunamis from occurring. The current disregard for risk doesn’t mean massive system risk isn’t building. I doubt the algorithmic models controlling market pricing today have any functions that can deal with chaotic market behavior which will occur, once the unknown unknown appears to disrupt their carefully managed world.

  2. It’s obvious they can prop this up forever. I’ve been hearing that Deutche Bank is on the verge of collapse for the last five years. The only way the manipulation will stop is to jail the manipulators. Don’t hold your breath.

    I do enjoy your show.

    1. Correct Mike……sadly, very correct.
      We are naught but the Chattle of the Elite.
      That will always be the case, unless we rise up and do a bit of Paris 1789 action on them.
      Whilst people are obsessed with their little electronic oblongs, that will NEVER, EVER happen.

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