Tuesday, March 28, 2017

Tuesday roundup (03-28-2017)

Le Pen victory could be five times as dangerous as Greece's financial meltdown: UBS (CNBC)

[United States Treasury Secretary Steven] Mnuchin Asked to Review Process for Too-Big-to-Fail Label (Bloomberg)

Trump now says he wants to work with Democrats — but it may already be too late (The Washington Post)

How the White House and Republicans Blew Up the House Russia Investigation (The New Yorker)

Ivanka Trump, Jared Kushner: Rising powers at the White House [NBCNews via] (CNBC)

     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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