Wednesday, June 8, 2016

Wednesday roundup (06-08-2016)




Euroskepticism Beyond Brexit: Significant opposition in key European countries to an ever closer EU (Pew Research Center)

Sainsbury’s sales fall 0.8% in three months amid food price deflation [in the UK]: Supermarket’s chief executive Mike Coupe warns that pricing pressures are likely to continue (The Guardian)

After Victory in California, Hillary Clinton Turns Toward Donald Trump (The New York Times)

Elizabeth Warren set to endorse Hillary Clinton (The New York Post) Harry Reid Wants Elizabeth Warren To Be Vice President (The Huffington Post)

     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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