Sunday, April 16, 2017

Sunday roundup (04-16-2017)

[In the United States,] Wall Street banker Cohn moving Trump toward moderate policies (Reuters)

Trump’s message to Democrats: Negotiate Obamacare, or payments to insurers will be cut (The Washington Times) Trump is playing a dangerous game of chicken with Democrats that could cause healthcare costs to skyrocket (The Business Insider) Trump is now destroying a healthy health-care system (The Washington Post)

Protesters at tax marches across the U.S. demand President Trump release his returns (The New York Daily News) Trump asks why people are still talking about his taxes a day after protesters asked for his returns (The Washington Post)

     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.

No comments:

Post a Comment