Global Central Banks have pumped trillions of dollars in liquidity out through their favored channels – global heavyweight banking institutions and sovereign debt purchases – over the past nine years, and the results have been appalling.
Excessive ‘all sectors debt’ levels are suffocating the system. Economic growth is pathetically weak. Government-driven social welfare programs are draining away energy and resources and leaving societal dysfunction in the wake.
There is a new, powerful economic plan to get America back up and running again. It is up and ready to go.
El-Erian Warns Of “Enormous Risk In Public Markets… Better Seller Of Stocks Than Buyer” – ZeroHedge – Oct 20, 2016
Allianz’ Mohamed El-Erian warns “the probabilities are now starting to tip in the likelihood of a bad outcome.” Simply put, El-Erian explains that financial markets have “decoupled” from the economic problems of the world leaving “enormous risk in public markets because that’s the one that central banks have distorted to the greatest extent.”
“They’ve been conditioned to believe, over and over again, that central banks can shield them,” he said.
While there’s a chance that economic fundamentals will improve and validate asset prices, a more likely scenario is that valuations will decline and lead to financial instability, he said.
“The probabilities are now starting to tip in the likelihood of a bad outlook.”
The looming dangers of Central Bank-induced “financial instability” and a “bad outlook” spell trouble, once again, for millions of American families. If the next financial crisis is anything close to the 2007-09 crisis, millions of American jobs will be affected, with the potential for several million families suffering through home foreclosures (4.2 million families lost their homes during 2008-12).
It is time to grant U.S. citizens the same access to liquidity to clean up their debt burdens that was provided to major banking institutions during the last financial crisis.
It is time for a citizen-centered solution – to restore financial stability for ground level Americans and insulate them from the next major storm.
The Leviticus 25 Plan 2017 – $75,000 per U.S. citizen The Leviticus 25 Plan 2017 (1726)