Sunday, September 11, 2016

Sunday roundup (09-11-2016)

5 Ways the Global Economy Could Slide into Another Great Depression (The National Interest)

Greece Presses Creditors for Better Debt Repayment Terms (The Associated Press)

'Brexit must not be an excuse' to cut [UK] jobs, warn unions (The BBC)

No negative rates for UK, signals Bank chief - but 'tipping point' for cash on the horizon (The Telegraph)

Where have the jobs gone? Australians grapple with less work, low pay (Reuters)

US Corporations Have Lots Of Debt And Not Much Cash: CLSA (ValueWalk)

     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