Jim’s Rant For The Day. The Deutsche Bank Run.

This may be clear as mud but I hope it covers the ground for you. Here are the signs that something is amiss financially.

1. On Wednesday Sweden activated its ENTIRE Home Guard (Volunteer military). This is the first time in about 50 years they have taken this drastic step. Fear of Deutsch Bank bringing down the Euro? Perhaps. Link

2. Yesterday the World Bank made its largest bailout ever by bailing out Argentina to the tune of $50 Billion dollars. Now don’t hyperventilate about them writing a check that size because they actually won’t. They are just officially unofficially recognizing that Argentina just collapsed. It is unofficial so the bankers won’t have to pay out derivatives or try to collect on derivatives guaranteeing that Argentina won’t collapse, you know what I mean?

If you don’t know what I mean let me say it this way. The bailout is like the World Bank (Central Banks combined) sticking their finger in the barrel of a pistol to muffle the “Bang” sound so the world will not know they were just shot by Argentina. Link

3. Ben Bernake says the U. S. economy won’t collapse until 2020, so everybody just calm down for now. Link

4. First we saw Iceland tell the banks we can't pay you anymore. Then we saw Greece collapse and go bankrupt, then Venezuela and now Argentina. They have all collapsed under the weight of the Bankster's interest rates and control. Now we are watching one of their largest banks collapse under the weight of the Banksters. Soon it will be the U. S. saying, "We will no longer pay you - it's over Bankers."