It’s Time For Name
That Insolvent Banking System!
http://albertpeia.com/insolventbankingsystems.htm
‘Let’s play a little
game.
The game is called
“Name That Insolvent Banking System.”
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 I’ll tell you that
they’re all western economies in the developed world.
If you win this
game, you win the knowledge of knowing which countries’ 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? Let’s 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, I’ll give you a
hint, one of these countries is the US. We’re 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, here’s another
hint, the other six countries are all based in EUROPE.
Give up? Here’s the
answer:
As you can see, the
US’s 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.
It’s 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 “over.”
So… the next time
you hear someone on the TV talking about great things in Europe are, remember
the above chart and ask yourself… how can a country be in great shape when it’s
banking system is over 200% larger than its economy? Just what are all these
“assets.”
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.
We’re literally at most a few months, and very likely just a few weeks from
Europe’s banks imploding, potentially taking down the financial system with
them. Think I’m joking? The Fed is pumping hundreds of BILLIONS of dollars into
EU banks right now trying to stop this from happening.
I’ve already alerted
Private Wealth Advisory subscribers
to 6 trades that will all produce HUGE profits as this mess collapses.
We’ve also taken
steps to prepare our loved ones and personal finances for systemic risk with my
Protect Your Family, Protect Your Savings, and
Protect Your Portfolio Special Reports.
With a total of 20
pages, these reports outline:
1) how to prepare for bank holidays
2) which banks to avoid
3) how much bullion to own
4) how much cash is needed to get through
systemic crises
5) how much food to stockpile, what kind to
get, and where to get it
And more…
I can do the same
for you. All you need to do is take out a subscription to my Private Wealth Advisory newsletter.
You’ll immediate be
given access to the Private Wealth Advisory archives, including my Protect
Your Family,Protect Your Savings, and Protect Your Portfolio
reports.
You’ll also join my
private client list in receive my bi-weekly market commentaries as well as my
real time investment alerts, telling you exactly when to buy and sell an
investment and what prices to pay.
So you get my hard
hitting market insights, actionable investment recommendations, and real time
trade alerts, for one full year, for just $299.99.
To take out an
annual subscription to Private Wealth Advisory now and start taking steps to
insure your loved ones and personal finances move through the coming storm
safely…’
Best Regards,
Graham Summers