Bank of England Warns: UK Banks Do Not Have Enough Capital To Withstand an Escalation in The Eurozone Crisis!

• The Illuminists are building up the problem into ginormous proportions and then they will collapse the entire world financial system. All actions taken so far has made the problem worst! Why is that? That is their real intention. They want to initiate economic, financial and currency collapse, foment wars, social collapse, famine, violence …. to bring down the existing world order … to set the stage for their coming Luciferian New World Order! Order Out of Chaos! The Hegelian Dialectic: Create the Problem, wait for the desired Reaction and then implement their Pre-Planned Solution!
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  Bank of England warns UK banks need more capital ! 
  By  Philip Aldrick, http://www.telegraph.co.uk/ 
  Britain’s banks do not have enough capital to withstand an escalation in the   eurozone crisis, the Bank of England has warned.
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  Members of the Financial Policy Committee (FPC), the Bank’s risk regulator,   “judged that the overall capitalisation of the banking system was unlikely   to be sufficient for stability to be assured” if there were “severe but   plausible” developments in the sovereign debt crisis, according to minutes   of last month’s meeting.
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  The committee was also sufficiently concerned about weak lending in the UK to   consider suspending the rules governing how much banks must hold in cash and   other liquid assets to get credit flowing again. The rules may have “pushed   up the pricing of loans” and, by relaxing them, funds “supporting liquid   assets could potentially be used instead to finance lending”, the minutes   said.
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  Both issues were addressed in last week’s Financial Stability Report, when   banks were told to continue building up their capital levels and liquidity   regulations were relaxed slightly instead of suspended. Analysis of the   report showed that easing the liquidity rules could release as much as   £150bn for lending to small businesses and households.
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  Banks had been hoping for the capital rules to be loosened as well, but the   FPC decided the risks to financial stability and the economy were too great,   even though UK lenders are “reasonably well placed” to meet new standards   that begin coming into effect next year.
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  “The committee was concerned that in especially severe, but plausible, adverse   scenarios in the euro area some UK banks could face large losses,” the FPC   said. Although “the position of individual institutions varied   significantly”, the overall health of the banks was too weak and threatened   “the supply of financial services to the economy”.
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