Saturday, July 23, 2016

Saturday roundup (07-23-2016)

[In the United States, Democratic presidential candidate] Hillary Clinton selects Tim Kaine as her running mate (CNN) Holy Crap, Tim Kaine Just Killed It In His First Speech With Clinton: He spoke Spanish to the cheering crowds and delivered a healthy dose of humility in a diseased election year. In other words, Tim Kaine just took America by storm. (The Daily Beast)

The End Of A Republican Party: Racial and cultural resentment have replaced the party’s small government ethos. (fivethirtyeight)

     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.

No comments:

Post a Comment