Tuesday, March 21, 2017

Tuesday roundup (03-21-2017)

A diet of debt: Should spiralling levels of leverage worry investors? (CityAM)

Italy's populist 'mad man' extremely worrying for euro area stability: Euro zone economist (CNBC)

[United States Secretary of State] Tillerson plan to skip NATO, visit Russia puts allies on edge (CNN) Tillerson plans to skip NATO meeting, visit Russia in April - sources (Reuters)

Trump’s lies are failing him, and it is making him deeply frustrated (The Washington Post blogs)

A Supreme Court Nominee Alert to the Dangers of Big Business: Far from reflexively favoring big corporations over small competitors, Judge Neil Gorsuch has a nuanced view of antitrust law. (The Atlantic)

Donald Trump Literally Nominated The Goldman Sachs Bailout Lawyer To Run The SEC: Will Democrats roll over? (The Huffington Post) Trump SEC Pick Jay Clayton Connected to Mysterious Firm: He's not the only one in this administration, but Trump's SEC chief pick has some strange family holdings (Rolling Stone)

Dear America: Better Read the Fine Print on Your Credit Card Statement by Charles Hugh Smith (of two minds 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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