Jim Reid Deutsche Bank. Deutsche Bank's Jim Reid, for one, firmly believes fiat currency will cease to exist soon. One of the key characteristics of the new era will be the reversal of unfettered globalization, a team of analysts led by strategist Jim Reid predicted.
Business Insider has discovered a video of the respected analyst shining bright as he plays (and sings!) a Rihanna classic. Deutsche Bank's Jim Reid collided with a small white SUV, lifting his bike off the ground and sending him sprawling sideways up the street, according to a video posted to his YouTube account. "What saved me was that I was so far round the roundabout that he bashed me at an angle and into the curb. Deutsche Bank Strategist Jim Reid suspects that global demographics and other realities may be soon putting the current fiat-money regime to the test.
A senior Deutsche Bank executive said that the fiduciary money cycle may be about to come to an end, as the economic system based on it has become unstable, and has recommended that global finance turns to cryptocurrencies, leaving behind the control Jim Reid.
Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies.
One of the main reasons that might allow cryptocurrencies to replace paper money is their. Home More News Economy & Money Deutsche Bank's Jim Reid Presents A European Nightmare Scenario That The ECB Would Be Powerless To Matthew Boesler businessinsider.com. For evidence, look first at the link between default rates and the depth of recessions in the U.