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

Forget about 2012, it's 2020.

Marc Faber recently put it as 2018 (he gave "capitalism" 5-10 years time before it all turns to anarchy - http://www.businessinsider.com/henry-blodget-marc-faber-the-future-will-be-a-total-disaster-with-a-collapse-of-our-capitalistic-system-as-we-know-it-2009-9), which is not far off from the Club of Rome's 2020 "overshoot and collapse"("Limits to Growth").

Focus on the first 10-15 minutes of the video (skips the Australian case).

http://www.themonthly.com.au/limits-growth-2009-graham-turner-1580

Silver lining: behavioral change of human beings can be like a flip of the switch. Think the "Twitter-Iran-Election" phenomenon :) (let's all consume as little as possible and use sustainable energy etc. and start having as few children as possible by spreading birth control technologies to the poorest countries in the world as they often have the fastest population growth rates).

One way or the other, it's the moral imperative for us to protect the planet and live in sustainable manners (as opposed to the unsustainable exponential growth).

Forget about 2012, it's 2020.