Friday, June 30, 2017

Friday roundup (06-30-2017)

The 23 countries with the highest levels of debt to GDP (The Business Insider)

Greek central bank cuts growth outlook, warns of risks from debt pile (Reuters)

America is hooked on credit cards — and it's pretty clear why (The Business Insider)

Trump further disrupts Obamacare repeal efforts: His tweet that Senate Republicans should repeal the law without a replacement could upend already-faltering negotiations. (Politico) Now Trump Is Suggesting Maybe The Senate Should Repeal First, Replace Later: It’s a presidential tweet, so take it seriously at your own risk. (The Huffington Post) Don’t sugarcoat this. Trump just called for 32 million people to lose health coverage. (The Washington Post) Senate GOP: Repeal then replace isn't happening (Axios)

Trump's considering a tariff that could put the economy on a path to 'global recession' (The Business Insider) Trump overrules cabinet, plots global trade war (Axios)

How Trump is doing on keeping 10 key promises (CNBC)

Present at the Destruction: How Rex Tillerson Is Wrecking the State Department: I worked in Foggy Bottom for 6 years. I’ve never seen anything like this. (Politico)

Give Us Back Google News Classic Design #googlenews (Economic Signs of the Times 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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