Friday, March 18, 2016

Friday roundup (03-18-16)

Global watchdog flags slow 'too big to fail' bank rule adoption (Reuters)

New ECB loans lift clouds over Italy's banks, sovereign debt (Reuters)

Soaring U.S. Debt Costs U.S. Trillions In Lost Growth — Does Anyone Care? (Investors Business Daily)

Study Finds Public Pension Promises Exceed Ability to Pay (The New York Times blogs)

Cheerios maker General Mills to label GMOs in U.S. products (Reuters)

Download the True Food Shopper's Guide: How to Avoid Foods Made with Genetically Modified Organisms [GMOs] (The Center for Food Safety) Say "No" to GMOs (Non-GMO Project) THE GREAT GMA COVERUP INFOGRAPHIC (TheBoycottList) The Ultimate Guide to GMOs by Dr. Joseph Mercola (Mercola) GMO Free USA (Facebook) Millions Against Monsanto by OrganicConsumers org (Facebook)

SNC-Lavalin cuts 950 jobs: Montreal-based engineering company employs roughly 40,000 people worldwide (The Canadian Broadcasting Corporation)

     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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