Tuesday, July 11, 2017

Tuesday roundup (07-11-2017)

Earth's sixth mass extinction event under way, scientists warn: Researchers talk of ‘biological annihilation’ as study reveals billions of populations of animals have been lost in recent decades (The Guardian)

Credit card users [in the United States] rack up over $1 trillion in debt (CNBC)

Trump tees up the next financial crisis: The push to let loose even more gambling by Wall Street and the big banks gets a boost with an important nomination. (The Seattle Times)

Senate August Recess Delayed for Two Weeks as Health Care Sputters (NBCNews) The Republican Party's quest to repeal Obamacare is on the verge of collapse (CNN)

Donald Trump Jr.'s emails send shock waves throughout Washington (CNBC) These are the emails connecting Donald Trump Jr. and a Russian government attorney (CNBC)

Sen. Graham: If A Foreign Govt Offers To Help Your Campaign, 'The Answer Is No' (Crooks and Liars blog)

US high school student scores Mattis interview scoop (Agence France Presse) Full transcript: Defense Secretary James Mattis’ interview with The Islander (The Islander)

Thyssenkrupp plans jobs cuts of up to 2,500 (Marketwatch)

Cook County to cut 1,100 jobs due to soda tax delay (ABC7Chicago)

Private Prisons Operator CoreCivic Laying Off 500-Plus Workers Across Texas: Formerly known as Corrections Corporation of America, the company is laying off workers in Jack, Willacy and Rusk counties. (Patch)

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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