Saturday, November 26, 2016

Saturday roundup (11-26-2016)

Kyle Bass on negative interest rates and gold [FoxBusiness via] (Youtube)



ECB's Coeure: Vital that Greece's bailout succeeds, fourth is not an option (Reuters) EU's Moscovici says Greek bailout review progressing well (Reuters)

Italy is poised to become next country to reject the establishment as shock poll finds referendum protest vote [on Dec. 4] is poised to beat the government (The Daily Mail)

November 2016: Unofficial Problem Bank list [in the United States] unchanged at 173 Institutions (Calculated Risk 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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