Sunday, January 31, 2016

Sunday roundup (01-31-16)

Baltic index continues fall to new record low (Reuters)

"Pandora's Box Is Open": Why Japan May Have Started A 'Silent Bank Run' (ZeroHedge blog) Negative Interest Rates Show Desperation of Central Banks (Washington's Blog)

America's Democracy Is Dominated By Powerful Business Organizations & A Few Affluent Americans (Cliff Küle's Notes blog)

[Democrat] Hillary Clinton, [Republican] Donald Trump Narrowly Ahead In Final Poll Before Iowa (National Public Radio) How does the Iowa caucus work? (The Baltimore Sun) Everything you need to know about the Iowa caucuses and why they matter (The Los Angeles Times)

Elizabeth Warren Challenges Clinton, Sanders to Prosecute Corporate Crime Better Than Obama (The Intercept) Sen. Warren slams 'shockingly weak' punishments for corporate crime (Reuters) Elizabeth Warren: One Way to Rebuild Our Institutions (The New York Times) Rigged Justice: 2016: How Weak Enforcement Lets Corporate Offenders Off Easy by the staff of Sen. Elizabeth Warren (D) of Massachusetts (The United States Senate)

January 2016: Unofficial Problem Bank list declines to 238 Institutions (Calculated Risk blog)

     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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