Tuesday, April 18, 2017

Tuesday roundup (04-18-2017)

Greek bailout deal at risk of IMF exit (The Times of London)

Aircraft Carrier Wasn’t Sailing to Deter North Korea, as U.S. Suggested (The New York Times) How Did the Trump Administration Lose an Aircraft Carrier?: The White House said the USS Carl Vinson was headed for North Korea as it sailed the opposite direction—the latest example of a communications failure inside the executive branch. (The Atlantic)

The Inside Story of the Kushner-Bannon Civil War: West Wing sources come clean about the backstabbing, the bullying, the distrust, and the buzzing flies. (Vanity Fair)

Walmart On Tax Day: How Taxpayers Subsidize America’s Biggest Employer and Richest Family (The Big Picture 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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