Friday, April 10, 2015

Friday roundup (04-10-15)

Germany is imperiling the world economy by refusing to accept free money (Vox)

Secret plans are being drawn up to kick Greece out of the Eurozone (CityAM) FINNS DRAW UP PLANS TO EXPEL GREECE FROM EUROZONE AS TSIPRAS FLIRTS WITH RUSSIA (Breitbart)

Greek bailout talks with creditors set to resume on Monday: With Greece facing a critical fortnight in its standoff with international lenders, discussions with officials from the ECB, European Commission and IMF have been in train in Athens and Brussels. (The Irish Times) Greece: The next deadline approaches (CNBC)

Greece Needs to Start Playing Hardball With Germany: Berlin has been pushing Athens around for long enough. Alexis Tsipras has more leverage than he's using -- he just needs a strategy. (Foreign Policy)

​100,000 Italians sign petition for eurozone exit referendum (RussiaToday)

Even Spain—Spain!—is getting paid to borrow money now (The Washington Post blogs)

Clinton to announce White House run Sunday; her fame both bonus and burden (Reuters) The Defining Moment, and Hillary Rodham Clinton by Robert Reich (The Huffington Post)

G.E. to Retreat From Finance in Post-Crisis Reorganization (The New York Times blogs) GE to Exit Most Finance as $26.5 Billion of Real Estate Sold (Bloomberg) GE Plan Opens Escape Path From Fed Too-Big-To-Fail Label (Bloomberg) General Electric Hands Dodd-Frank Its Biggest Victory Yet (The Huffington Post)

Who Will Control The World’s Water: Governments Or Corporations? (OilPrice)

     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