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TETELESTAI | 1-800 Numbers

This is where the 800#'s will be listed which will be included in the TETELESTAI post once published.

(Note: The TETELESTAI post is the official "Go" for redemption/exchange. Despite Yosef's departure, it will still be sent out for publication when the time comes.)

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to KillerZetzz.guestpost@blogger.com with these following rules.

The subject of your email entry should be: "(Title of your post)" - Guest Post by (name) OR Anonymous Guest Post

- Proper grammar
- No foul language (not strictly followed)
- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end

If your guest post fails to send to the above email address due to a "captcha" error -- that means the daily limit for posts exceeded. This resets every 24 hours. If this is the case then please send it to UniversalOm432Hz@gmail.com so that it will be posted manually.

Send your entry and speak out today!

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The Big Call w/ Bruce Intel Notes by PinkRoses 12-8-16

Thank you PinkRoses for sending this to us. ~ Dinar Chronicles THE BIG CALL WITH BRUCE THURSDAY, DECEMBER 08, 2016, INTEL ONLY TRANSCR...

Wednesday, September 28, 2016

The Deutsche Bank Debacle is Getting Very Serious

Deutsche Denial Tsunami Begins: Draghi "Not ECB Fault", IMF "Solid Base"

Sep 28, 2016 1:55 PM | Zero Hedge | Source

It is becoming very clear that the Deutsche Bank debacle is getting very serious. How do we know? Simple - everyone is denying everything. Overnight DB CEO Cryan denied any need to raise capital or need a bailout; this morning ECB's Draghidenied low rates were responsible, and denied The IMF's statement the bank is systemically important; and now IMF's Lagarde isdenying any need for government intervention.

Mario Draghi said the financial industry must stop blaming the actions of central banks for their problems and focus on fixing internal management and risk failings.

“Many banks have problems that don’t have primarily to do with the low level of interest rates but possibly with other reasons,” the European Central Bank president said after a meeting with German lawmakers in Berlin on Wednesday.

He cited business models and risk management and said this was “generally acknowledged” by those at the talks.

As Bloomberg reports, when asked about accusations by some in the financial industry that the ECB is to blame for some banks’ woes, Draghi said he didn’t share that view.

“If a bank represents a systemic threat for the euro zone, this cannot be because of low interest rates,” he said. “It has to do with other reasons.”

While correlation is not causation - as everyone says when trying to prove a false positive - in this case we can't help but think Draghi's handiwork certainly didn't help...



Then IMF Chief Christine Lagarde piped in, telling CNBC that...


"Deutsche Bank is a systemic important player in the global financial system.

But, is on a solid base currently, and we are not at a stage in which I see the need for a government intervention."

So to clarify:

DRAGHI: DEUTSCHE BANK DOES NOT POSE SYSTEMIC RISK
LAGARDE: DEUTSCHE BANK SYSTEMICALLY IMPORTANT

Yeah, you're right, its probably nothing...



So, as we asked overenight, who blinks first? The IMF - "told you so" dance. The ECB - knowing the collateral chains that will snap. The Bundesbank - knowing their entire banking system is at risk. The German government - knowing it's over for them if DB depositors have to take a haircut... Or Brussels - who know the entire EU plan is teetering is done if anything but the 'rules' are applied to Deutsche. For now, there is one thing for sure - the market will press for one of these players to be forced to make decision.

Disclamer:

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