Rebel Capitalist News Holy Sh*t...Now Deutsche Bank AND Morgan Stanley!?
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Mar 13, 2026 Discussion of Deutsche Bank flagging massive private credit exposure and why that raises counterparty and liquidity alarms. Examination of other big firms facing similar private credit stress and redemption limits. Conversation on how opacity, software-heavy loan concentrations, and redemption caps can tighten liquidity and amplify panic.
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Deutsche Bank $30B Private Credit Canary
- Deutsche Bank flagged $30 billion exposure to private credit, signaling growing counterparty risk that tightens liquidity across the monetary system.
- George Gammon argues tightened liquidity in a debt-based economy exacerbates downturns and can amplify credit cycles into broader crises.
AI Narrative Masks Balance Sheet Stress
- Banks and funds blame AI and weak software companies as the proximate cause for write-downs and layoffs.
- Gammon views AI as a convenient narrative to hide balance-sheet problems and justify workforce cuts while deflecting investor panic.
Dimon's Cockroach Warning As Insider Signal
- George recalls Jamie Dimon's earlier warning about 'cockroaches' and suggests insiders like Dimon knew problems because they were part of the system.
- He uses this as an example of executives signaling trouble while being implicated in it.