Monday, October 3, 2016

Monday roundup (10-03-2016)

Negative-Yielding Bonds Jump to Almost $12 Trillion (Bloomberg)

China's bad-debt ticking time bomb (Nikkei)

This ‘bubble blind’ Fed is going to trigger another brutal recession [in the United States] (CNBC)

[Dutch bank] ING plan to cut 7,000 jobs, spend on digital draws union ire (Reuters) European Banks Cutting 20,000 Jobs as ING Joins Commerzbank (Bloomberg)

Ericsson 'to cut up to 4,000 jobs in Sweden' (Agence France Presse)

     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