Wednesday, July 19, 2017

Wednesday roundup (07-19-2017)

EUROZONE WARNING: Now fears for IRELAND’S economy as shock figures show nation on brink: IRELAND’S economy is loaded with more debt and [an economy] MUCH smaller than previously thought, shock figures reveal. (The Express)

Eurozone crisis: Italy’s Five Star Movement DEMANDS referendum on future of euro: THE Eurozone could be in crisis after an anti-European Union party in Italy insisted it was still pushing for a referendum on the future of the euro. (The Express)

[In the United States,] As Paperwork Goes Missing, Private Student Loan Debts May Be Wiped Away (The New York Times blogs)

Krauthammer rips GOP's 'epic fail' on healthcare (The Hill) 'This Is Historic': Krauthammer Calls GOP Health Care Effort 'An Epic Fail' (FoxNewsInsider) (Youtube)

How the Senate Health Care Bill Failed: G.O.P. Divisions and a Fed-Up President (The New York Times) Trump aides move on after health care loss: As the president's biggest agenda item tanked on the Hill, his senior advisers busied themselves with their pet projects – and looked ahead to tax reform. (Politico) The Disturbing Process Behind Trumpcare: The development of the Republican health-care bill offers a troubling picture of our legislative system. (The Atlantic)

After Trump scolding, Senate to try again on ObamaCare repeal and replace (The Hill) Health Care: Pres. Trump Hosts GOP Senators at White House: Facing criticism and increased pressure to follow through on seven years of repeal promises, Pres. Trump gathered GOP senators at the White House to discuss what to do next. (NBC Nightly News) (Youtube)

GOP repeal foes face blowback: Angry conservatives promise primary challenges. (Politico)

Republicans divided on debt ceiling strategy (Politico)

Tax reform becomes a must-win issue for the White House: With health care reform on ice, Trump moves on to taxes -- but Republicans aren't unified on a policy approach for that, either. (Politico) Trump targeting corporate tax rate ‘in the 20s’: A rate in the 20s has become a prevailing view among a number of senior officials and advisers, a White House official said. (Politico)

Trump’s priorities in funding and cutting are keenly felt by federal workforce (The Washington Post)

Citing Recusal, Trump Says He Wouldn’t Have Hired Sessions (The New York Times)

Supreme Court lets Trump administration reinstate travel ban restrictions on refugees but not on grandparents (The Los Angeles Times) Trump’s wall: The inside story of how the president crafts immigration policy (The Washington Post)

Sen. John McCain has brain cancer, aggressive tumor surgically removed (CNN)

CSX planning up to 700 additional layoffs (WTLV)

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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