Tuesday, April 19, 2016

Tuesday roundup (04-19-16)

These major economies [= China, the UK] are threat to Germany (CNBC)

Americans still don't see vibrant labor market: DESPITE THE 5% UNEMPLOYMENT RATE, JUST 22% CITE OPPORTUNITIES TO ADVANCE TO BETTER JOBS (USAToday)

Intel to slash 12,000 jobs as it moves away from PCs (The Los Angeles Times) Intel to Cut 12,000 Jobs, Forecast Misses Amid PC Blight (Bloomberg)

     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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