{"id":31061,"date":"2018-02-15T12:26:39","date_gmt":"2018-02-15T17:26:39","guid":{"rendered":"http:\/\/olduvai.ca\/?p=31061"},"modified":"2018-02-15T12:26:39","modified_gmt":"2018-02-15T17:26:39","slug":"lynette-zang-the-criminal-banks-know-something-is-very-wrong","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=31061","title":{"rendered":"Lynette Zang: \u2018The CRIMINAL BANKS Know Something Is VERY WRONG\u2019"},"content":{"rendered":"<h3><a href=\"http:\/\/www.shtfplan.com\/headline-news\/lynette-zang-the-criminal-banks-know-something-is-very-wrong_02152018\">Lynette Zang: \u2018The CRIMINAL BANKS Know Something Is VERY WRONG\u2019<\/a><\/h3>\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-54952\" src=\"http:\/\/shtfplan.com\/wp-content\/uploads\/2018\/02\/lynettezang-e1518705367496.jpg\" alt=\"lynettezang\" width=\"560\" height=\"315\" \/><\/p>\n<p>Lynette Zang from ITM Trading\u00a0recently joined the SGT Report to discuss the economy, precious metals, and the disastrous storm that\u2019s brewing. According to Zang, the criminal banks have stopped lending to each other because they know something is very wrong with the economy.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/2_kvyIqwXzo\" width=\"560\" height=\"333\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/p>\n<p>The interview jumps straight to the point.\u00a0 The big banks are not lending to each other.\u00a0 What is Zang\u2019s take on the drop in interbank lending?<\/p>\n<blockquote><p>\u201cDuring the 2008 crisis, it absolutely\u00a0plummeted but they\u2019ve been trying to keep it a little supported at the levels back in the 80\u2019s and\u2026it\u2019s plunged below where it was when they came out in \u201973; and what I find interesting\u2026is that <strong>banks don\u2019t trust each other. They know they\u2019re insolvent. They\u2019re not gonna get the money back.\u201d<\/strong><\/p><\/blockquote>\n<p>Zang is then asked about Deutsche Bank.\u00a0 Since it\u2019s leveraged \u201cto the gills\u201d is it the first bank to go?<\/p>\n<blockquote><p>\u201cI don\u2019t know whether Deutsche Bank will be the first to go, but their leverage ratio remains at 3.8%, which means if the value of their assets falls 3.9%, they are insolvent. But that can really start anywhere. It doesn\u2019t have to start at Deutsche Bank, but Deutsche touches every single financial product in every bank. I wouldn\u2019t say this is \u2018the canary in the coal mine,\u2019 because I\u2019ve really been talking about pattern shifts that I\u2019ve been witnessing since October. The pattern shifts really started in 2017. People think nothing happens until it becomes visible, but you have to look a little below\u2026to see what you\u2019re not seeing\u2026the banks know that they\u2019re not loaning to each other. <strong>And the central banks know that they\u2019re attempting to support the mortgage markets and keep everything floating.<\/strong><\/p>\n<p><strong>We\u2019re inside of a great experiment\u2026this is an accident that\u2019s in the process of unfolding.<\/strong>\u201c<\/p><\/blockquote>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lynette Zang: \u2018The CRIMINAL BANKS Know Something Is VERY WRONG\u2019 Lynette Zang from ITM Trading\u00a0recently joined the SGT Report to discuss the economy, precious metals, and the disastrous storm that\u2019s brewing. According to Zang, the criminal banks have stopped lending to each other because they know something is very wrong with the economy. The interview [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[63,124,1839,18529,18594,481,17389,6489,647,11349,6490,1973,11749],"class_list":["post-31061","post","type-post","status-publish","format-standard","hentry","category-economics","tag-banks","tag-central-banks","tag-deutsche-bank","tag-interbank-lending","tag-itm-trading","tag-leverage","tag-lynette-zang","tag-mac-slavo","tag-precious-metals","tag-sgt-report","tag-shtfplan-com","tag-solvency","tag-trading"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31061"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31061\/revisions"}],"predecessor-version":[{"id":31062,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31061\/revisions\/31062"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}