Saturday, April 30, 2016

Saturday roundup (04-30-16)

Jim Bianco Warns "The Risk Of An 'Accident' Is Very High" (ZeroHedge blog)

The Euro's Failure: Eurozone GDP Now Only Just Back To 2008 Levels (Forbes)

Why Japan’s battle to end its deflationary slump matters (The Telegraph)

April 2016: Unofficial Problem Bank list [in the United States] declines to 214 Institutions (Calculated Risk blog)

Trust Company Bank, Memphis, TN, Closed by Regulators [as posted here yesterday] (Problem Bank List)

     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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