Monday, July 25, 2016

Monday roundup (07-25-2016)

Italy pension funds urged to invest in bank rescue plan (Reuters)

Why big banks could be broken up [in the United States] no matter who wins the White House (CNBC)

Donald Trump's Treasury Wouldn't Resurrect Glass-Steagall – Here's Why (Money Morning)

‘Clinton Cash’ Movie Surpasses 500,000 Views in 48 Hours (Breitbart) Clinton Cash: "Devastating" Documentary Reveals How Clintons Went From "Dead Broke" To Mega Wealthy (ZeroHedge blog)

     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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