Sunday, March 27, 2016

Sunday roundup (03-27-16)

The Seven Countries Most Vulnerable To A Debt Crisis by Steve Keen [they are: China, Australia, Sweden, Hong Kong, Korea, Canada, and Norway] (Forbes)

Farming in an Age of Drought (The Atlantic)

Why is Germany constantly clashing with the ECB? (CNBC)

Bernie Sanders Seizes 3 States, Sweeping Democratic Contests (The New York Times)

Al Jazeera announces 500 job cuts (CNNMoney)

     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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