Sunday, January 15, 2017

Sunday roundup (01-15-2017)

Need for debt advice is rising [in the UK] this month after millions lured by cheap credit for Christmas shopping (This is Money) UK charity reports jump in demand for debt advice (Reuters)

Chief Ethics Lawyers: [United States President-elect Donald] Trump Will Be In Violation Of Constitution When He Takes Oath Of Office (Crooks and Liars blog)

Death toll rises to six in unrelenting ice storms (USAToday)

     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.

No comments:

Post a Comment