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Deutsche Bank Issues a Terrifying Warning for
America Under Biden

Original Article

Posted By: Dreadnought, 6/9/2021 11:11:47 PM

On Monday, Deutsche Bank released a report that further confirms a portent of doom for the U.S. economy and Democrats led by President Joe Biden. While many economists and policymakers claim that the recent uptick in inflation is temporary, Deutsche Bank warned that Biden’s profligate spending, the Federal Reserve’s low interest rates, and global economic trends threaten to unleash persistent inflation, which amounts to an insidious tax on the poor and middle class that benefits the government. “Few still remember how our societies and economies were threatened by high inflation 50 years ago,”

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Reply 1 - Posted by: thethirdruffian 6/9/2021 11:16:01 PM (No. 811250)
The DB had an institutional memory of the hyperinflation of prewar Germany. So they are a bit phobic and over cautious. But they are correct. Stagflation is near.
106 people like this.

Reply 2 - Posted by: Grounded 6/9/2021 11:17:39 PM (No. 811251)
Jimmie Carter redux.
92 people like this.

Reply 3 - Posted by: PChristopher 6/9/2021 11:41:34 PM (No. 811267)
I don't think the Commucrats care. In fact, I think they're counting on it.
158 people like this.

Reply 4 - Posted by: Dodge Boy 6/10/2021 12:01:59 AM (No. 811282)
Seems rather odd that a major bank like DB who was recently on the verge of bankruptcy should be making this warning.
23 people like this.

Reply 5 - Posted by: stablemoney 6/10/2021 12:32:37 AM (No. 811289)
DB is correct. We are in a catastrophic situation that began in 1971, when our currency became 100% fiat, allowing politicians to spend without limit, and they have. Biden economics is the opposite of immutable economic principles. It is correct that the communists want to destroy everything in our political and economic system, so they can erect their dictatorship, rule by emergency decree. There won't be another real election, not unless Dominion type voting is eliminated.
98 people like this.

Reply 6 - Posted by: Lawsy0 6/10/2021 12:40:07 AM (No. 811292)
DB and the gnomes of Zurich are a day late and several rubles short. My broker warned me about this shortly after January 20, 2021.
39 people like this.

Reply 7 - Posted by: Trigger2 6/10/2021 2:27:10 AM (No. 811325)
Joey and his rabid feel good demonrats don't care. It's all about feelings.
31 people like this.

Reply 8 - Posted by: The Remnants 6/10/2021 3:43:22 AM (No. 811334)
I know nothing about economics, but it strikes me that our President is throwing monopoly money around like a drunken sailor. Is there anyone in either party who is concerned enough to make him stop it?
87 people like this.

Reply 9 - Posted by: Lazyman 6/10/2021 5:23:55 AM (No. 811357)
Pay your debts with cheaper money. It's the oldest card in the deck.These kids should be able in the future to pay their student loans off for the cost of a pack of cigarettes.
25 people like this.

Reply 10 - Posted by: privateer 6/10/2021 6:35:34 AM (No. 811373)
How long before Xiden announces a smart policy to tame inflation. I know, WIN! Whip Inflation Now. Always works. Slogans are a commie specialty.
28 people like this.

Reply 11 - Posted by: Venturer 6/10/2021 6:50:02 AM (No. 811379)
Even an idiot like myself can see this coming. I knew it would come when Biden and Barnie, and the democrats were speaking of passing out free college and their crazy trillion dollar runs to the Government printing press where the money comes from.
35 people like this.

Reply 12 - Posted by: Bur Oak 6/10/2021 7:46:25 AM (No. 811405)
Inflation is a feature for the Fed, not a defect. The government will be paying of huge debts with inflated dollars meanwhile destroying the savings of the citizens and making them more dependent upon the government.
39 people like this.

Reply 13 - Posted by: Daisymay 6/10/2021 7:55:59 AM (No. 811410)
The thing is, the Dopes that voted Biden in mostly don't have ANY money or investments. They live by handouts! Many don't even have cars, so they don't care that Gas has gone up. They run the Streets at night and sleep by day. They don't need jobs because the Government gives free money to them. They are the ones who have put our country in this mess because they voted for Biden, a Demented man! I just turned 80 two weeks ago. I never thought I would live to see this day. It's very sad, especially because our country was flourishing under President Trump!
81 people like this.

Reply 14 - Posted by: homefry 6/10/2021 7:56:28 AM (No. 811411)
HELLFIRE, I did that on the day that dim-0s stole the election and installed quid pro joe, you know, like you install a toilet.
18 people like this.

Reply 15 - Posted by: Are You Serious 6/10/2021 8:05:25 AM (No. 811419)
Putting a Democrat in charge of the economy is akin to putting a pedophile in charge of a Boy Scout troop. Oh wait, didn't the Boy Scouts actually do that ?
38 people like this.

Reply 16 - Posted by: RussZilla 6/10/2021 8:26:09 AM (No. 811443)
Eliminate the money we owe the debt collectors, because it's usury. Settle it all down to zero. The economy would be better off with these vultures. It would put workers on a level playing field, promote local (American) industry growth -- farmers, furniture makers, tech instrument makers. The bankers should be put out to pasture. We need to end debt slavery.
9 people like this.

Reply 17 - Posted by: worried 6/10/2021 8:52:09 AM (No. 811470)
#16, isn't that what the Russians and Chinese tried with communism? It didn't/ doesn't work out very well for them. Yet it sounds like you are advocating much the same thing.
11 people like this.

Reply 18 - Posted by: gobushcheneygo 6/10/2021 8:55:46 AM (No. 811471)
It's all going as Joey's global handlers planned. Cloward-Piven to destroy our country. A man-made pandemic to gain control of the people. A soon-to-be mandatory gene therapy shot to control the population. The Global Reset is coming. One World Government, One World (digital) Economy, One World Religion. Maranatha. Come, Lord Jesus.
18 people like this.

Reply 19 - Posted by: EJKrausJr 6/10/2021 9:34:58 AM (No. 811520)
Barack said that he would transform America. His minions including Biden are well on their way both economically and demographically. Like Hope and Crosby we are currently in Barack and Joe's "Road to Venezuela" and "Communism" adventure. With the help of the alphabets and the Deep State. The 2022 midterms may save us, only time will tell.
10 people like this.

Reply 20 - Posted by: MickTurn 6/10/2021 10:11:53 AM (No. 811573)
Yea, ALL upticks in inflation are temporary, until they become permanent.
8 people like this.

Reply 21 - Posted by: snowoutlaw 6/10/2021 10:15:27 AM (No. 811579)
I remember the high inflation in the 70s, 15% a year by the time Carter was finished, some of it was caused by gas prices doubling to what today would be dirt cheap but not all. Then when Reagan won the FEDs kicked in and interest Rate went to near 20% and unemployment went to over 10%. I guess they thought that would drive Reagan out of office, some things never change. I don't expect the FEDs to do anything unless Trump returns so hold on.
6 people like this.

Reply 22 - Posted by: Zigrid 6/10/2021 10:25:17 AM (No. 811593)
Perhaps Europe is starting to realize the munchkin in chief in the White House is a problem...well... obama/commie harris who are supposedly the men behind the curtain... don't know ___ about running a country....Everyone is hoping President Trump is coming back...even the Deutsche bank is panicking...
13 people like this.

Reply 23 - Posted by: LC Chihuahua 6/10/2021 10:32:02 AM (No. 811604)
Bad feeling its already too late. The federal debt will reach 30 trillion. It will reach 40 trillion unless somebody puts the brakes on our government spending, but that not likely to happen. It never has in the past. Doubt we could ever boost the economy to a level that covers all government spending. Are we in one of those situations where we have already lost, but don't realize it yet? Two forces are driving this kind of spending. One is corruption where people are using the government to line their own pockets. The other is anti-American hatred that wants to destroy America, and are wrecking the economy to achieve it. The worst part is people voted for this. We are doing this to ourselves folks. Somebody once said our government is a reflection of its people. That may well be true.
13 people like this.

Reply 24 - Posted by: MDConservative 6/10/2021 10:34:03 AM (No. 811608)
Read the DB paper. The paper is clear that America's central bank and politicians have lost their fears of inflation. The authors believe the politicians overresponded to the "crisis", learning the lessons of Dubya/McCain and '08. This is indeed a bi-partisan issue...no one wants to talk about the stimulus TRILLIONS appropriated earlier in the Trump Administration that set the stages for Biden's add-ons and infrastructure plans, not to mention the social programs in store. While DB believes our economy is currently strong, one wonders how it can continue to pay off slack human resources and its growing stock of "free sh-tuff". Soaking the rich won't do it. The dollar has no intrinsic value but the paper or metal used for its markers. Since 1980 the dollar has lost two-thirds of its value. That is right up there with the dreaded Nixon-Ford-Carter-Reagan era.
6 people like this.

Reply 25 - Posted by: Ida Lou Pino 6/10/2021 10:41:53 AM (No. 811616)
Poster #5: "We are in a catastrophic situation that began in 1971, when our currency became 100% fiat" 1971 was a wonderful year - - it gave us both fake money and the "War On Drugs." Thank you RINO Nixon - - and the commie demonrat congress! And yet - - a substantial proportion of L-Dotters still want the disastrous, unconstitutional "War On Drugs" to continue. Go figure.
8 people like this.

Reply 26 - Posted by: PrayerWarrior 6/10/2021 11:09:47 AM (No. 811657)
The American people know what's coming down the pike. Home buying is at a fever pitch all over the country with the low interest rates, especially here in Idaho. Home buying is crazy here with up to 20 people bidding on one home and driving up the sale price almost 30% above asking price. Locals are having a hard time competing with out-of-state buyers.
5 people like this.

Reply 27 - Posted by: 4Justice 6/10/2021 12:14:36 PM (No. 811720)
DB is upset because they aren't ready yet to substitute the dollar for SDRs yet for the great reset. This is all planned folks. The Dem, the IMF, the big banks....they are all on on it. They want to get rid of the dollar and replace it with these "Special Drawing Rights" which is a fake currency they created decades ago. They will replace the dollar with these SDRs and devalue the dollar maybe 30%. Then they will raise taxes and impose a world tax. It is all part of their "Equity" plan to redistribute wealth (only the wealth will go to them, the fat cats) worldwide and to get rid of the middle class. Sound crazy? So does the idea that they could steal a national election in the U.S. but it happened. It's all going to their plan unless we ALL speak out! They are also moving to get rid of all privacy and they will do it by eliminating physical cash. Are you ready for Big Brother, folks?? He's HEEEERRREE! It's time to act or to become slave-sheeple. No more time to waste!
11 people like this.

Reply 28 - Posted by: 4Justice 6/10/2021 12:17:22 PM (No. 811724)
Btw, Xiden is just a puppet. "They" planned the 1971 reset too. This time, however, we CAN do something if we have the courage to act NOW. Otherwise...
5 people like this.

Reply 29 - Posted by: Enoch Powell 6/10/2021 2:12:35 PM (No. 811811)
Democrats create crises which they then “solve.” Unfortunately inflation hurts the most vulnerable in our economy. Democrats don’t care. They prefer an electorate dependent upon government. The function of government is to protect the life, liberty, and property of it’s citizens. Period. It’s rich that so many dems come into D.C. without a dime and leave multimillionaires.
5 people like this.

Reply 30 - Posted by: TCloud 6/10/2021 7:32:04 PM (No. 812056)
A Natural Clash: Socialism vs Capitalism
3 people like this.

Reply 31 - Posted by: ARob101 6/10/2021 11:44:05 PM (No. 812170)
@4Justice, agree 100%! Now is the time to act. Listen to Steve Brannon’s War Room on Real Clear Politics. Lots of great ideas about how to get involved. Listen and learn We are taking our country back, there is still hope.
2 people like this.

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