The Deutsche Bank is broke. The Deutsche Bank (Deutsche Bank AG (USA) (NYSE:DB)) is the largest bank in Germany, it is a gigantic institution, it has trillions of dollars in derivatives, off balance sheet derivatives. If that goes, you look out the window because you are going to see a gigantic storm coming.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.