Is Deutsche Bank a Systemic Risk to European Banks?

The video discusses the challenges faced by European banks, particularly Deutsche Bank, in recapitalizing after the financial crisis and the eurozone crisis. It highlights the cautious approach of investors due to Deutsche Bank's financial struggles and potential credit risks. The discussion extends to the broader economic risks in Europe and the US, and the indicators of financial stress. The video concludes with an analysis of the potential impact of the US election on credit and debt markets.

Discuss the potential risks to the banking system if the European economy faces another recession.

What role does the Federal Reserve play in the context of the upcoming election and its impact on the debt markets?