Is Deutsche Bank the next Lehman?

If Deutsche Bank is the next Lehman, we will not know until events are moving at an uncontrollable and accelerating speed.   The nature of all fractional-reserve banks — who are by definition bankrupt at all times – is to project an aura of stability until that bank has already begun to implode.

By the time we are aware of the fire – if one is in the offing — it will already be a roaring blaze by the time it is known publicly.    There will be little in the way of early warnings.   To that end, we begin connecting the dots:

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