Friday, November 11, 2016

Friday roundup (11-11-2016)

Fears over global populist revolt push up Italy's debt costs (Reuters)

The Taming of [US President-elect Donald] Trump by Nouriel Roubini (Project Syndicate)

Trump outreach to Dimon for Treasury job may fall on deaf ears (Reuters)

State rep: Everything on the table for Dallas Police and Fire Pension fixes if city, system fail to agree (DallasNews) Texas the Pension Crisis Exposed by Martin Armstrong (Armstrong Economics blog)

     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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