Sunday, November 15, 2015

Sunday roundup (11-15-15)

Barack Obama leads G20 vow to step up fight against Isis [The Financial Times via] (CNBC)

Finance chiefs [throughout Europe] feel less confident due to eurozone woes: Large poll of chief financial officers finds confidence is waning in corporate spending and the overall economy, even as profits improve (The Telegraph)

France launches strikes in Syria after Obama vows to help hunt down perpetrators of Paris attacks (The Washington Post) France Launches Airstrikes Against Islamic State Stronghold in Syria: U.S. is giving targeting intelligence to France for retaliatory strikes after Paris attacks (The Wall Street Journal)

France Asks for Systematic Controls Within Schengen Border Area (Bloomberg)

Why Italy may need to leave the euro zone soon: Matteo Renzi’s may know how to win votes but is it just more of the same? (The Irish Times)

Greece misses bailout deadline as talks with creditors drag on: Talks continue on repossession legislation the Syriza government says would push austerity-hit Greeks over the edge (The Guardian)

Lawmakers to question Bank of England on gilt market risks (Reuters)

     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