Thursday, August 4, 2016

Thursday roundup (08-04-2016)

Central Banks Pile on the Deflation, Killing It for Everyone (TheStreet)

Is Deutsche Bank Kaputt? (Cato Institute blogs)

Bank of England Cuts Key Interest Rate to New Low: Central bank to buy government and corporate bonds in bid to stimulate economy after Brexit vote (The Wall Street Journal)

Is Japan's fiscal stimulus really something other countries should follow? (The Hill blogs)

Food deflation [in the United States] good for consumers, but pinching grocers (CNBC)

AB InBev to cut up to 575 UK jobs in SABMiller takeover (The BBC)

     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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