Ill winds blowing for U.S. and European banking sectors. Global economies need this powerful new dynamic: The Leviticus 25 Plan

The banking sector is showing some early signs of fatigue.  Pervasive economic weakness and flat yield curves are leading the way into sector stagnation.

If another series of default waves roll in, things could once again get ‘dicey.’

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Banks Tumble After BofA, JPM Warn Revenue Will Be Down As Much As 15%

The banking sector is sliding after JPM CFO Marianne Lake warned that contrary to expectations for an ongoing rebound in revenue and profits, the bank’s second quarter revenue has been 15% lower from a year ago. And while she said that US economic figures are “solid, not stellar”, she blamed the same thing that has been the nightmare of daytraders everywhere: collapsing volatility.  ZeroHedge, May 31, 2017

Deutsche Bank Downgrades European Banks To Underweight

In what some may find an amusing change in outlook by the bank that less than a year ago was on insolvency’s door, its stock at record lows, this morning Deutsche Bank downgraded its peers, other (ostensibly more sound) European banks, to underweight from benchmark on expectations that fading euro-area growth momentum will weigh on the sector over coming months.   ZeroHedge, May 30, 2017

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Global economies need robust economic growth, and to that end, there must be massive debt elimination at ground level.  There must be improved loan demand, credit-worthy borrowers and sound collateral.

There is one power-charged plan to reignite growth in the system:

The Leviticus 25 Plan 2018 –  $75,000 per U.S. citizen

The Leviticus 25 Plan 2018 (2336)

 

 

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