Friday, March 10, 2017

Friday roundup (03-10-2017)

Enter Berlusconi: A Man, a Ban, and His Plan to Restore the Lira [to Italy] (Bloomberg)

Monte dei Paschi to sell $30 billion of bad loans (Marketwatch)

Sessions seeks resignations of 46 U.S. attorneys (USAToday)

It may sound crazy, but the GOP really wants its healthcare plan to fail (CNBC) A Bill So Bad It’s Awesome by Paul Krugman (The New York Times) 15 million will lose coverage under GOP health plan, Brookings believes the CBO will find (CNBC)

Journalists outraged by Tillerson's plan to travel without press (CNNMoney)

     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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