Saturday, January 9, 2016

Saturday roundup (01-09-16)

Greek government has solid majority to pass pension reform - deputy PM (Reuters)

China’s Stabilizing Consumer Prices Leave More Room for Stimulus (Bloomberg)

Still don’t think Donald Trump can win? This chart should convince you. (The Washington Post)

Why Bernie Sanders Doesn’t Want Your Vote: On the road with a man so angry he scares Democrats, too. (Bloomberg)

Surprise! Corporate America Is Throwing Down for the TPP (TruthDig)

     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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