Monday, June 19, 2017

Monday roundup (06-19-2017)

Amazon CEO Jeff Bezos may be single-handedly killing inflation [in the United States] (CNBC)

GOP considers canceling August recess to salvage agenda (The Hill)

Are Republicans leading the most secretive health-care bill process ever? (The Washington Post)  Newt Gingrich: GOP, slow down on killing ObamaCare (The Hill blogs)

For Trump, danger signs in the polls (The Hill)

Elizabeth Warren: Americans Don’t Want Less Regulation: Senator says there’s no mandate to loosen rules on banks (The Wall Street Journal)

Otto Warmbier, imprisoned in North Korea, dies in U.S. (USAToday) Why I can’t stop thinking about Otto Warmbier (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.

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