Sunday, December 13, 2015

Sunday roundup (12-13-15)

Good Luck Getting Your Money Out When the Next Crisis Hits (ZeroHedge blog)

Half of all renters [in the United States] can't afford the rent (CNNMoney)

Report: Most states providing less K-12 funding than before Great Recession (The Washington Post)

     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.

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