Sunday, May 7, 2017

Sunday roundup (05-07-2017)

France rejects Le Pen and her right-wing populist tide, and turns to Macron (The Washington Post) Macron is France's next president — here’s what happens next (CNBC)

Senate Republicans [in the United States] Plan Health Bill That Keeps Some of Obamacare (Bloomberg) Kasich blasts GOP health care bill as inadequate (Politico) Five senators to watch in healthcare fight (The Hill) Collins: 'The Senate is starting from scratch' on healthcare (The Hill) Blunt: Senate will wait for CBO score before healthcare vote (The Hill) Don't Count On The Senate To Save Obamacare, Or To Save The House (National Public Radio)

     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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