Saturday, February 25, 2017

Saturday roundup (02-25-2017)

[United States President] Donald Trump claims to remake GOP as party of ‘the American worker’ (The Boston Globe)

Fact-checking Trump's claim about debt dropping by $12B in last month (CBSNews)

Will Trump Take 'Brutally Forthright’ Advice From McMaster? (The New York Times) Trump’s National Security Adviser: Avoid Phrase “Radical Islamic Terrorism” (Slate) We looked at the new national security adviser’s writings. Turns out he’s the anti-Bannon. (Vox)

Trump Rejects DHS Report That Undermines Travel Ban Rationale: WSJ (Newsweek) White House effort to justify travel ban causes growing concern for some intelligence officials (CNN)

February 2017: Unofficial Problem Bank list declines to 155 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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