Saturday, February 4, 2017

Saturday roundup (02-04-2017)

Could populist victory in Italy [by Five Star Movement] set up tricky referendum on euro (Xinhua)

[United States President] Donald Trump might be more popular than you think: Once again, there's evidence suggesting traditional polls aren't accurately measuring support for the president and his policies. (Politico)

The method to President Trump's madness: What looks like chaos is at least in part a strategy to remind voters that they're getting what they asked for — a real shakeup in Washington. (Politico)

Trump Today: President blasts federal judge who halted travel ban (Marketwatch) Trump lambastes judge who lifts travel ban, vows to fight (Reuters)

Trump has signed an order that could roll back a rule intended to protect Main Street's retirement money (The Business Insider)

Republicans face anger over Obamacare repeal during town halls: Obamacare supporters showed up in huge numbers to voice concerns over repeal. (Politico)

Bannon film outline warned U.S. could turn into ‘Islamic States of America’ (The Washington Post) Steve Bannon’s own words show sharp break on security issues [Jan. 31] (USAToday)

Trust Records Show Trump Is Still Closely Tied to His Empire (The New York Times)

Inside Sears' death spiral: How an iconic American brand has been driven to the edge of bankruptcy (The Business Insider)

     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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