Financial Meltdown Might Have Already Started in Germany

deutsche_bankWith all the focus on Greece it is easy to forget the coming economic collapse begins with Germany. I shared a warning about Germany in my previous post: David Wilkerson: Economic Collapse Begins in Germany, but I am posting again today to share more confirmations.

The process of a financial meltdown might have already started at Deutsche Bank, which is Germany’s largest bank and the world’s twelfth largest in terms of assets. On Sunday June 7 2015, they unexpectedly announced the resignation of both of their co-CEO’s, Anshu Jain and Jurgen Fitschen. The resignations were unexpected because both men still had nine months remaining on their contracts. Just three weeks earlier both CEO’s told a German publication they would not step down and just two weeks earlier Jain was granted extra powers to reorganize internal operations. So it appears they were forced out due to costly mistakes and penalties. Shareholders were reportedly losing confidence in their leadership. (Source: Wall Street Journal)

Rumors are circulating that there is more to the Deutsche Bank story. Financial analyst Jim Willie recently shared in his newsletter, The Golden Jackass, that Deutsche Bank suffered enormous losses in May, which started an internal financial meltdown that will soon bring down the German economy and the global financial system within a few months.

The rumor is Deutsche Bank lost over $1 trillion on derivative products caused by a sudden spike in interest rates. The interest rate on 10-year German bonds recently spiked up from less than 0.1% in mid-April to over 0.9% in early June. Even though that is only an increase of about 8 tenths of a percentage, it adds up very quickly because of the size of Deutsche Bank’s position. They are the world’s largest holder of derivatives with an estimated $54 trillion, which is almost 15 times the size of Germany’s entire annual GDP. With a position that large even a small mistake could quickly cause unbearable losses, not only for them, but also for Germany. Prices for derivatives are almost always tied to interest rates.

Down Goes the Euro:

As Europe’s largest economy, Germany is currently the only thing holding the European Union together. For the past five years, they have been picking up the tab in the form of bailout packages to prop up failed economies in Italy, Spain, Portugal, Ireland, and Greece. So a financial collapse in Germany would cause investors to lose confidence in the European Union, which would cause the euro to collapse.

Down Goes the Franc:

The collapse of the European Union and the euro would also cause the collapse of the Swiss franc, which has long been considered a safe haven. However, the Swiss National Bank has taken many wrong moves in recent years attempting to prop up the European Union. Their balance sheet now shows very large positions in European bonds and equities. Even this week they announced they were intervening in currency markets to prop up the euro. They are fighting to save the euro in a desperate attempt to save themselves.

Neville Johnson’s Prophetic Vision:

Neville Johnson, founder of The Academy of Light, received a prophetic vision in which he saw the next economic collapse starting in Germany and Japan. He shared the following testimony in his newsletter dated October 2013.

I saw another devastating economic collapse. Although the order and timing was not clear, I saw that Japan and Germany were some of the triggers in this. I saw an earthquake devastating Tokyo, which is also a trigger as the Tokyo stock market closed indefinitely. The USA was seriously affected by this. It was revealed to me that none of the banking safeguards, which were recommended after the last economic meltdown in the USA had been put in place. This economic collapse will be far more severe than the last one. Many churches and Christians organizations along with large corporations will fall into bankruptcy because of this.

Like David Wilkerson, Neville Johnson saw the coming global economic collapse will begin in Germany. However, he also saw a large earthquake hitting Japan. As the world’s third largest economy, a devastating earthquake in Japan would severely hurt financial markets around the world. Back in 1985, John Paul Jackson saw a news headline and a vision of a large volcanic eruption killing 7 million people in Tokyo, but it sounds like that might not be the same event that Neville Johnson saw. Hopefully, neither of these things will happen anytime soon.

Even though Greece is currently getting most of the news headlines, we can expect bigger news coming soon from Germany and Japan. The problems in Greece appear to be very dire today as they are defaulting on their June payment to the IMF, but they still have a nationwide referendum coming up on July 5 that might provide the basis for a new deal with the ECB and IMF. Even if the people vote to leave the EU, we can expect the problems there to be somewhat contained for a while longer. The Greek drama is just the opening act in this tragic play. Germany is the one to watch.

James Bailey

Author: James Bailey

James Bailey is an author, business owner, husband and father of two children. His vision is to broadcast the good news of Jesus Christ through blog sites and other media outlets.

© 2015, Z3 News. Full text of Z3 News articles may be shared online in exchange for a clickable link to our site. Please include the author name and do not make any changes to text or titles. No image files from our site may be shared because we don’t own them. For permission to use our content in other formats, please contact us.

Donate to Z3 News. All major payment methods accepted.

Leave a Reply

Notify me of

Sort by:   newest | oldest | most voted
February 2, 2018 2:22 PM

In light of what was shared here concerning Germany:

Like David Wilkerson, Neville Johnson saw the coming global economic collapse will begin in Germany.

Deutsche Bank stock is down 8% today. The news headlines are not positive.

January 30, 2016 2:09 AM

More news for DB just yesterday. Not only have they recently eliminated dividends, but also management bonuses due to poor performance ($7 Billion Loss). There was also a comment about DB possibly needing to raise capital later this year. So the cracks are starting to show.

July 18, 2015 9:47 PM

Kasey Not that trouble is not around the corner for all banks but DB is center stage regarding loans, debt. and derivatives. They are hopelessly connected to all the Euro debt…….Prudent move despite the loss.

Kasey Burt
Kasey Burt
July 16, 2015 2:36 PM

It is happening now. A few days ago on a different post here, I mentioned I sold everything IRA and cashed in that night. I mentioned that I had taken a hit / loss. The Financial Institution I was using was in Germany, the Deutsche Bank. It is a German global banking and financial service company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt.

The “Twin Towers” was not lost on me either, disaster is what I see.

July 10, 2015 9:54 AM
On the above youtube video, at the 35 minute mark, Mark O’Byrne is discussing the problems with Greece and brings up another potential black swan that no one is paying attention to. That is Ukraine, which he says has economic problems and they are in the background not being talked about. This is from Gordon T Long’s Financial Repression Authority Channel. I like to put up good videos for others who may not really understand what is going on in the background with the economies of the world, and are only hearing and believing what they see on TV. That used to be me. After inquiring of the Lord in 2008 after the collapse, and onward, I asked the Lord to show me and give me wisdom because I knew in my spirit that something was really wrong with the economy. I watched and learned from that point onward how corrupt the system is that the world is under. On the video, they talk about how Europe is discussing behind the scenes about going to a cashless society, this way there can never be a run on the bank. Also the Lord led me to Terry Bennett. I see from some of the posts that some believe he could be a false prophet. I don’t believe he is. Heck, back then I didn’t even know about you tube videos. For any one who is a skeptic on him, I suggest listening to a few of his sermons on you tube. They’re really long, but some of them can make you cry. He has such a heart for the Lord, and to see people come to the Lord. I don’t think Jesus would lead me to a false prophet.
God Bless and let the Lord lead you and teach you.

Mark McGuinnes
July 5, 2015 6:09 PM

You’re awesome Mr. Bailey.

One day I’ll have to meet you: maybe not here but in a higher plane.

I have been going through the roughest period of my life and your voice echos in my mind about trustiing “Him.” It’s the “Him” part that reverberates in my brain.

Mark McGuinnes
July 4, 2015 4:59 PM

Hey James I just wanted to pay a tribute to you.
I first heard in December (I think) on Trunews and you spoke about your dreams and I clearly remember you speaking about Obama leaving on a plane to go elsewhere because his work was done in the US.
As stated above you grabbed my attention heavily with your Monday, February 9th interview with Rick Wiles. Wow! That was riveting. For one thing I didn’t think that God would give such specifics of the market especially with FAZ. That sent me into hours of research: what’s happening definitely correlates.

The thing that really draws me to you. Is your calm demeanor and laid back tone. And, you don’t self-promote. And, your 3 way interview in May (I believe) you last comment and toward the end of the show is so ingrained in my memory. You said something to the effect of we have to look “to Him.” And, I have thought about that a lot lately.
I have had a tendency to focus on the financial profiting and defense and that stuff is so irrelevant compared to seeking and trusting Christ.

My hats off to you and also thanks for sharing your strategy update.

September 26, 2015 2:13 AM

About the Big O flyboy dream… the prophecies of Annie SChisler says that the AChrist will take refuge in Europe….that would explain the situation ,,,because of new Europe Caliphate created by him through US funding….The dream I had was the bongo was like a Hitler….back in 2009….so far correct…..I wondered why take refuge (as if he were caught in something?) like treason? But we can be sure the ICC will not be true court It will be Kangaroo….It will become a tool for the fool…
You have sourced the prophetic voices fairly well …keep an eye on TB Joshua as he has the most precise stuff for next up…..get the book WHAT THE FUTURE HOLDS…THKS

Mark McGuinnes
July 4, 2015 4:42 PM

oh yeah

Happy Fourth of July
God bless you and everyone
And, may Christ judge the USA and cause people to turn back to Him.

Mark McGuinnes
July 4, 2015 4:40 PM

Wow your response time was incredible. I gotta give you some complements. I first heard you back in December (I think) and I was fascinated by your dreams of Obama leaving and taking a plane: there was quite a lot you said.
Again, your Monday, February 9th interview with Rick was simply riveting. It really caught me off guard: I guess I just didn’t think that God would give specific names to ETF/stock ticker names. That sent to the library and to the internet where I did hours and hours of research.

When I hear prophecy I tend to be very skeptical even when I want to believe it. “Question/test everything hold on to the truth” 1 Thes. 5: something.

What I find so reassuring is your calm and laid back demeanor. You don’t self advertise or self-promote. And, you had a three way interview I think in May again on Trunews. Wow! I was deeply impressed. Your last comment was something to the effect of trust Him and you emphasized that: that is so ingrained in my memory. I still clearly hear.
Moreover, it’s so deeply true. I have had a huge tendency to focus in on how I can profit and defend myself financially that I forget that money is incredibly secondary.

Anyhow, my hats off to you. And, I’m a fan.

As far as your play. I think I’m in the same boat. That dream about USD/CHF going up to .98 spooked me! I was just hoping to hold and worry about it later.
I’m glad you mentioned the Obama and 1.2 Bill to Ukraine: I know you’ll probably stated that more times than you care to. But, I had forgotten.
It’s so volatile and lately USD/CHF chart looks like an EKG strip.

Thanks for your input!

“Trust Him”

Mark McGuinnes
July 4, 2015 1:26 AM

Hey James thank you for sharing all this information. I was heavily impacted by you by your February 9th interview on Trunews: that sent me into hours of research.

Nevertheless, are you still sticking with your hold strategy on the sell side of USD:CHF on the Forex market?

It seems like with this post that the Forex is too volatile.