Sunday, February 12, 2017

Sunday roundup (02-12-2017)

Greece, lenders risk euro zone instability if review talks drag on: EU's Dombrovskis (Reuters) Greece says bailout deal close, Juncker says it's on shaky ground (Reuters)

Germany’s New Trump-Critic President Sees Stormy U.S. Ties Ahead (Bloomberg)

'Alarming scale' of youth unemployment in Middle East [and North Africa], OECD official warns (CNBC)

[In the United States,] It’s too late for Trump to stop this financial rule by Barry Ritholtz (The Washington Post) Tony Robbins I What Is A Fiduciary (Youtube)



     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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