Monday, March 28, 2016

Monday roundup (03-28-16)

The World Has 6 Options To Avoid Japan's Fate, And According To HSBC, They Are All Very Depressing (ZeroHedge blog)

These Are the 5 Biggest Risks That Could Break Up the European Union by John Mauldin (Forbes)

In Europe, States Challenge Austerity but Lack Cash to Spend (The Associated Press)

U.S. consumer spending, trade data signal sluggish growth (Reuters)

Bernie Sanders Continues To Dominate Caucuses, But He’s About To Run Out Of Them (FiveThirtyEight)

How the G.O.P. Elite Lost Its Voters to Donald Trump (The New York Times)

Trump the Technocrat: Advancing U.S. interests is more complicated than analyzing a profit and loss statement. (The American Conservative)

This Little-Discussed Organizational Issue Could Create Total Chaos at the Republican Convention (New York Magazine)

Many Republicans Won’t Back Trump, and Trump Voters Hate Cruz. Could a Downballot Wave for Democrats Be Coming? (Washington Monthly)

Fitch cuts Chicago's credit rating in wake of pension ruling (Reuters)

Years after the Great Recession, Chicago-area homeowners are still trying to recover (The Los Angeles Times)

     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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