Monday, March 23, 2015

Monday roundup (03-23-15)

Central Banks Warn of Bad Outcomes as Weak Inflation Goes Global (Bloomberg)

REPORT: Greece's government has only 2 weeks until the money runs out (The Business Insider)

'Impossible' for Greece to service debt, Tsipras warns Merkel: FT (Marketwatch)

Tsipras, Merkel display goodwill, little sign of debt progress (Reuters)

Despite Regulatory Advances [in the United States], Experts Say Risk Remains a Danger to Large Banks (The New York Times blogs)

     The aim of this blog is to show (mostly from reports in mainstream respected news sources) that there is reason to believe that both the United States and the global economies remain fragile in the wake of the financial crisis of 2008 and that a number of threats exist today that could, if they worsened, bring about economic depression -- not just a minor depression, but a depression worse than the Great Depression. Key threats include excessive risk-taking by financial firms, unchecked by effective regulation; the continued existence of "too big to fail" institutions; and most especially, the amassing of levels of public and private debt which could become unsustainable.

No comments:

Post a Comment