Saturday, January 14, 2017

Saturday roundup (01-14-2017)

If [United States President-elect Donald] Trump Builds the Wall, What Will Happen to our Food System? (Modern Farmer)

6 in 10 Americans don't have $500 in savings (CNNMoney)

How the national debt could lead to another economic collapse (The Hill blogs)

     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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