On 11/21 we defined 1.312 Street.
The ratio is nearly there. Per 11/21, the next stop is a bad one.
SERIOUSLY if the ratio drops below 1.312 the banks have only three choices:
1. Bankruptcy (with YOUR money, not theirs)
2. Falsifications leading to possible PRISON time -or-
3. Super money printing by Benny B.
OR...??? Of course, the insti's could in fact simply 'leverage' YOUR money even MORE and play the game of "double-or-nothing"... Of course, it would be YOUR nothing.
Be careful!
