Saturday, January 2, 2016

Saturday roundup (01-02-16)

Mapped: how a demographic time bomb will transform the global economy: Advanced economies risk sleepwalking into a new reality of permanently lower growth and higher debt unless policymakers tackle ageing populations (The Telegraph)

Britain remains addicted to debt and terrible at saving... and this has to change: Wealth inequality is on the rise – but simple changes could help us all to be more financially secure (The Independent)

Russia and Ukraine's full-blown economic war just got worse (The Business Insider)

[In the United States,] Blizzard kills thousands of cows and threatens Texas dairy business (CNNMoney)

     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