Tuesday, October 18, 2016

Tuesday roundup (10-18-2016)

QE/ZIRP Is Crushing the Global Supply Chain, Product Quality and Profits by Charles Hugh Smith (of two minds blog)

Oil industry needs $10 trillion to meet coming demand, says OPEC’s Barkindo: OPEC Secretary-General sees a need to restore balance to oil market (Marketwatch)

Italian savers bank on post office to survive next crisis (Reuters)

There's a Reason Italy's Losing to Spain in the Recovery Stakes: The euro's mediterranean giants are taking different paths out of the crisis (Bloomberg)

China Sept new yuan loans surge to 1.22 trillion yuan, well above forecasts (Reuters)

[In the United States,] Undercover videos lead to Democratic operative's firing, force another to distance himself from DNC (The Business Insider) Democratic heads roll after video shows agitators planted at Trump rallies (The Washington Times) Dem operative 'stepping back' after video suggests group incited violence at Trump rallies (CNN) Trump rally disrupter was once on Clinton campaign’s payroll (The New York Post)

Undercover video has Dem operative fired, another resigns: The DNC responds to shakeups in the wake of undercover videos released by conservative activist James O'Keefe. CNN's Drew Griffin reports. (CNN) (Youtube)



‘Sometimes the Crazies Bite’: CNN Shows Undercover Video of Democrats Plotting Trump Protests [CNN via] (Youtube)



Rigging the Election - Video I: Clinton Campaign and DNC Incite Violence at Trump Rallies [#1 on Trending; contains obscene language] (Youtube)



Rigging the Election - Video II: Mass Voter Fraud [contains obscene language] (Youtube)



One More Way Student Loans Are Crippling the Economy: College debt leaves millions unable to save for retirement. (Money)

Rail freight group DB Cargo to shed 900 UK jobs: Planned cuts, blamed on a dramatic decline in markets such as coal and steel, represent more than a quarter of its workforce (The Guardian)

     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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