Global Economic Doomsday is Coming - IMF Wants Contingency Plan

From "Bail-inns" to "CoCo Bonds" corruption and fraud Brazil, Italy and Germany are in the spotlight but what's happening is global as China recently Fires Top Securities Regulator...

The Global economy is in dire state, it's not if the crash happens but when and how wide spread will be the damage. Like a house of cards, from one continent to another the economies will implode taking 'fiat' currencies with it. 
The economic turmoil, compounded by geo-political posturing and other events like regional wars, refugees, climate events could lead to a war engulfing most nations...WWIII

Sample ofGlobal Stories on the Net.

Deutsche Bank CoCo Bonds Have Bumpy Ride as Lender Struggles
Overall, the Frankfurt-based lender is among the closest of the major banks to breaching the triggers.

Cyprus, Greece and Beyond: The “Bail-in” and Confiscation of Bank Deposits: The Birth of the New Financial Order

“bail-in” reforms secured unanimous backing from EU governments...
As Canada gets set to hardwire the bail-in process into law, analysts like Michel Chossudovsky are warning how the big banks can use this template to further consolidate their monopoly of economic control.

Brazil, in trying to spur economic growth, has pressured the bank to 
increase riskier and less profitable lending. The other is that Brazil’s fiscal woes, which prompted seven credit-rating cuts in less 
than two years amid the worst recession in a century, mean bondholders are less confident the government will make up for any losses
if the bank falls on hard times. President Dilma Rousseff’s administration ordered state-controlled banks Banco do Brasil, Caixa Economica Federal and
development bank BNDES to offer as much as 83 billion reais ($20.4 billion) in extra credit for businesses this year 
to help them weather the recession and avoid laying off workers.

Keeping investors awake at night are Deutsche Bank’s capital levels, which started from a low base and have suffered as 
the lender restructures, pays fines and racks up losses. German and European banking laws tie the payouts of the bonds to 
cash and capital requirements. Overall, the Frankfurt-based lender 
is among the closest of the major banks to breaching the triggers.

Milan prosecutors are seeking charges against executives of Deutsche Bank AG and Nomura Holdings Inc. for allegedly colluding 
with ex-managers of Banca Monte dei Paschi di Siena SpA to falsify its accounts, manipulate the market and obstruct authorities, 
said people with knowledge of the matter.
The investigation revealed Monte Paschi arranged the transactions to hide losses that led to false accounting between 2008 and 2012,
according to a prosecutor’s statement on Jan. 14, when they completed the investigation. The world’s oldest bank has since been
forced to tap investors to replenish capital amid a slump in shares and rising bad loans and is now seeking a buyer to help
restore profit.

The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

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