The Great Incoming Global M3 Contraction for the 2010s

Hey hey hey, seems like we are witnessing the most concerted "coincidence" in M3 collapse of the modern economic history thanks to our intertwined global banking system, save maybe, the mainland China region.
First hand source: as revealed by a group chairman of one of the global mega banks with asset in excess of 2 trillions dollars, the LATEST leverage ratio has dropped to a scarily low 0.8:1 for "prudent, well capitalized banks".  Yes, even less than 100% reserve banking's 1:1 ratio. The source also revealed that as far as he knows,
other less conservative banks, for instance, another smaller, but still global top 20 bank, has a ratio of 1.7:1.

These ratios are a far cry from the 10:1, 30:1, or even 50:1 ratios we have seen before the global credit crunch.

Hold on to your coat for more chilly weather in the CREDIT NUCLEAR WINTER.

The Great Incoming Global M3 Contraction for the 2010s