The bull flag formation on this ratio chart is suggesting that such a scenario is a distinct possibility here...few paying much attention to this relationship currently...even fewer understand the historical significance of this ratio to the global financial system, but a clear break higher on this one (call it 45) followed by a move above the 200dma will have serious world-wide ramifications...much worse than 2008 if it comes to pass...does anyone truly believe that one single problem or issue has been adequately addressed since the last crisis?!...trade/invest accordingly...