Sunday, February 5, 2017

Sunday roundup (02-05-2017)

Marine Le Pen promises liberation from the EU with France-first policies: Presidential candidate launches campaign with pledge to dump the euro and claim that Islamic practices are a threat to France (The Guardian)

[In the United States,] Appeals Court Rejects Request [by the Trump Administration] to Immediately Restore Travel Ban (The New York Times)

#DressLikeAWoman: Twitter backlash over reports of dress code for Trump staff: Amid claims that Donald Trump likes female staffers to dress a certain way, Twitter uses responded with pictures of what many women wear at work (The Guardian)

'The Senate is coming apart': Things have gotten so bad in the chamber lately that Chuck Schumer even voted against Mitch McConnell's wife. (Politico)

     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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