Home Mail MemberMap Chat (1) Wallpapers
Go Back   ChiefsPlanet > The Ed & Dave Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 02-14-2013, 05:17 PM  
KILLER_CLOWN KILLER_CLOWN is offline
Be HEALED!!!!!!!
 
KILLER_CLOWN's Avatar
 
Join Date: Feb 2002
Location: Fascist State
Casino cash: $5000
Itís Time For Name That Insolvent Banking System!

February 14th, 2013

by Phoenix Capital Research

Letís play a little game.

The game is called ďName That Insolvent Banking System.Ē

The way you play the game is by trying to guess which the countries whose Bank Assets to GDP ratios are in the below chart. There are only seven countries and Iíll tell you that theyíre all western economies in the developed world.

If you win this game, you win the knowledge of knowing which countriesí banking systems are leveraged beyond any credibility. You can then invest accordingly, sheltering your assets from these banking system disasters. You can also ignore the tripe being spewed by the various political leaders and Central Bankers about everything being great in the global financial system.

Ready? Letís play!



As you can see, the seven counties listed here have banking asset to GDP ratios ranging from 90% to an incredible 400%. Five of the seven have banking asset to GDP ratios above 250%, which is simply extraordinary given the implications of this horrific metric.

Having trouble?

OK, Iíll give you a hint, one of these countries is the US. Weíre often cited as the debt nightmare of the world, which makes all other countries look good in comparison. So which one is the US?

Did you guess number 6?

Wrong!

OK, hereís another hint, the other six countries are all based in EUROPE.

Give up? Hereís the answer:



As you can see, the USís banking system is in fact dramatically smaller relative to its GDP than the big players in Europe. As much grief as I and others have given our financial system about being overleveraged and filled with toxic debts, the US is NOTHING compared to Europe, including the allegedly rock solid banking system of Germany.



Itís also worth noting that France, which is considered to one of the essentially sovereign backstops of the EU is in fact one of the worst offenders when it comes to having a totally out of control banking system. Remember this when you hear French politicians talking about the EU crisis being ďover.Ē

SoÖ the next time you hear someone on the TV talking about great things in Europe are, remember the above chart and ask yourselfÖ how can a country be in great shape when itís banking system is over 200% larger than its economy? Just what are all these ďassets.Ē

And the multi-trillion Euro question: how much of them are in fact garbage?

So if you have not already taken steps to prepare for systemic failure, you NEED to do so NOW. Weíre literally at most a few months, and very likely just a few weeks from Europeís banks imploding, potentially taking down the financial system with them. Think Iím joking? The Fed is pumping hundreds of BILLIONS of dollars into EU banks right now trying to stop this from happening.

We have produced a FREE Special Report available to all investors titled What Europeís Collapse Means For You and Your Savings.

This report features ten pages of material outlining our independent analysis real debt situation in Europe (numbers far worse than is publicly admitted), the true nature of the EU banking system, and the systemic risks Europe poses to investors around the world.

It also outlines a number of investments to profit from this; investments that anyone can use to take advantage of the European Debt Crisis.

Best of all, this report is 100% FREE. You can pick up a copy today at:

http://gainspainscapital.com/eu-report/

Best

Phoenix Capital Research

Read more at http://investmentwatchblog.com/its-t...we6dKPtPHDW.99
Posts: 24,192
KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2013, 05:20 PM   #2
KC native KC native is offline
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $5702
This is nonsense. Bank to GDP ratio is meaningless.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 17,301
KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.
  Reply With Quote
Old 02-14-2013, 05:21 PM   #3
KILLER_CLOWN KILLER_CLOWN is offline
Be HEALED!!!!!!!
 
KILLER_CLOWN's Avatar
 

Join Date: Feb 2002
Location: Fascist State
Casino cash: $5000
Quote:
Originally Posted by KC native View Post
This is nonsense. Bank to GDP ratio is meaningless.
So European banks are in great shape?
__________________
"Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father ... And then will I profess unto them, I never knew you: depart from me, ye that work iniquity."

"If the people let government decide what foods they eat and what medicines they take, their bodies will soon be in as sorry a state as are the souls of those who live under tyranny." - Thomas Jefferson
Posts: 24,192
KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.KILLER_CLOWN is obviously part of the inner Circle.
  Reply With Quote
Old 02-14-2013, 05:26 PM   #4
KC native KC native is offline
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $5702
Quote:
Originally Posted by KILLER_CLOWN View Post
So European banks are in great shape?
Some are. Some aren't Depends on the bank.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 17,301
KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.KC native wants to die in a aids tree fire.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 05:21 PM.


Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.