Monday, November 14, 2016

Monday roundup (11-14-2016)

This $30 billion hedge fund thinks that the EU could be close to a 'very painful' unravelling (The Business Insider)

Greece, Seeking Dose of Stability, Is Rattled by Trump’s Win (The New York Times)

Velocity of Trump-fueled Treasury selloff [following United States presidential election] has Wall Street spooked: Société Générale highlights the risks of a bond crash in 3 charts (Marketwatch) Trump dump of $1 TRILLION sparks knock-on fears for Italy and Portugal: EUROZONE disaster economies Italy and Portugal are facing a fresh financial crisis, after Donald Trump's win pushed up the cost of borrowing for the fragile countries. (The Express)

Trump’s Presidency Raises Questions on the Future of Wall St. Regulation (The New York Times blogs)

Fear rises that Bannon could bring the ‘alt-right’ into White House: Trump’s decision to appoint the Breitbart executive his chief strategist stokes warnings across the political spectrum. (Politico)

     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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