Sunday, September 25, 2016

Sunday roundup (09-25-2016)

Why financial security should be addressed in the first presidential debate [in the United States tomorrow night]: Trump and Clinton’s plans to prevent or respond to another financial crisis are an integral part of national security. But they probably haven’t even considered that (The Guardian)

Why It’s Getting Tougher to Sue Your Bank (DepositAccunts) Consumer Banking (The Pew Charitable Trusts)

     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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