A Bank with 49 Trillion Dollars in Exposure to Derivatives Is Melting down Birth Pains

Deutsche Bank collapses, it could take a whole lot of others down with it at the same time.  According to Wall Street On Parade, the bank had 49 trillion dollars in exposure to derivatives as of the end of last year… The Bible describes sinful humanity as corrupt: “The fool says in his heart, ‘There is no God.’ They are corrupt, their deeds are vile; there is no one who does good. The LORD looks down from heaven on all mankind to see if there are any who understand, any who seek God. All have turned away, all have become corrupt; there is no one who does good, not even one (Psalm 14:1–3; see also Psalm 53:1–3; Isaiah 1:4). In the Old Testament, corruption can refer to literal, physical decay (Job 17:14; Psalm 16:10), but, most often, corruption is used figuratively for moral corruption and depravity (Exodus 32:7; Hosea … Continue reading A Bank with 49 Trillion Dollars in Exposure to Derivatives Is Melting down Birth Pains