THIS BLOG ATTEMPTS TO SHOW HOW SCIENCE IS CATCHING UP WITH REVEALED RELIGION

THIS BLOG IS AN ATTEMPT TO PUT ALL THE COOL STUFF THAT I BUMP INTO ABOUT THE SECOND COMING OF CHRIST AND EVENTS THAT LEAD UP TO IT INTO ONE LOCATION.
THE CONTENTS WILL BE FROM AN LDS PERSPECTIVE. IF YOU DISAGREE WITH ANYTHING IN HERE, I DO NOT PARTICULARLY CARE TO ARGUE, UNLESS YOU CAN ADD TO THIS BODY OF WORK. I HAVE AN OPEN MIND, THAT IS WHY I READ STUFF FROM ALL DIFFERENT PERSPECTIVES AND SEEK LEARNING FROM THE BEST BOOKS. I JUST AM NOT HERE TO ARGUE ABOUT IT - BUT TO PUT IT OUT THERE WHERE OTHERS CAN PERUSE/PURSUE IT. I TAKE PARTICULAR INTEREST IN HONEST SEEKERS OF TRUTH AND BELIEVE THAT SCIENCE IS REVEALED RELIGION'S BEST ALLY. YOU WILL SEE ALOT OF TOPICS IN THIS BLOG THAT SHOW SCIENCE BACKING - AND SLOWLY CATCHING UP WITH - REVEALED RELIGION.
ENJOY!!

Thursday, October 8, 2015

AND HERE YOU HAVE YOUR POSSIBLE FINANCIAL TRIGGER POINT.....

Folks, if Monday is doom on for the financial world - the October Surprise that we have all been waiting for, then this might well be the trigger for it.  IDENTICAL circumstances to what occurred on the last one in 2008.  A massive bank default like that of MorganStanely. 

Here is what is coming down the pike - and it is not just about a few billion of losses, anyone can absorb it, it is about the elephant in the room in the form of 70-200 trillion dollars worth of derivatives that are looming behind the dam.  No one can take the hit on those kinds of losses.  When the dam begins to crack and things start rolling, no one can halt that tidal wave roaring down the canyon......

Last modified on Thursday 8 October 2015 07.17 ED


Deutsche Bank has warned it will lose more than €6bn (£4.4bn) in the third quarter in a record loss.

In a late-night announcement that shocked analysts, Germany’s biggest bank blamed huge impairment charges of €5.8bn for the unexpected losses. Forecasts had been for profits of about €1bn.


Deutsche’s new boss, John Cryan, is planning to reduce the workforce by a quarter, or 23,000 jobs, to bring costs down and avoid a fundraising from shareholders. The Postbank sale will reduce Deutsche’s workforce by 15,000, and the lender is reportedly considering cutting 8,000 additional jobs.


[link to www.theguardian.com]



Announcement in FORTUNE magazine:

Germany’s Deutsche Bank warns of a record loss

[link to fortune.com]


All major banks have seen a drop in profitability since the financial crisis, in part because of increased regulation, but investment banking has been hit especially hard. Deutsche Bank has been one of the few large European banks to stick with investment banking at a time when the business is generating very low returns, especially in Europe.

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