Sunday, February 21, 2016

Sunday roundup (02-21-16)

Trump, Clinton ride key groups to clear front-runner status [in United States presidential primaries] (The Associated Press) It's getting late: Donald Trump wins again in South Carolina (The Economist blogs) Time Is Running out for Donald Trump's Rivals to Stop Him (The Associated Press) Rubio, Cruz Tout Themselves as Best Challenger to Trump After South Carolina (Bloomberg) Jeb Bush Bows Out of Campaign, Humbled and Outmaneuvered (The New York Times) Jeb Bush Suspends 2016 Presidential Campaign (ABCNews)

The average price of gasoline has dropped 5 cents over the past two weeks, to $1.77 a gallon (The Associated Press)

     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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