Friday, February 19, 2016

Friday roundup (02-19-16)

Chilling ways the global economy echoes 1930s Great Depression era (Marketwatch)

If recession strikes, central banks might be out of ammo: The Fed has more room to maneuver than the ECB and BOJ (Marketwatch)

Bridgewater's Prince Says Deflation Fear Behind [Global] Market Selloff (Bloomberg)




Eurozone bank supervisor: banks must raise capital (Marketwatch)

China Unleashes A Debt Tsunami: Creates $1 Trillion In Debt In First Two Months Of 2016 (ZeroHedge blog)

Firming U.S. inflation keeps Fed rate hike on the table (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.

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