Thursday, August 17, 2017

Thursday roundup (08-17-2017)

Why Elites Are Winning The War On Cash by James Rickards (ZeroHedge blog)

[In the United States,] Former CIA director slams Trump's 'despicable' comments in letter to CNN anchor (CNN)

Republican senators are striking back in Trump's public war of words (CNN) Sen. Corker isn’t the only Republican who’s increasingly questioning Trump’s stability (The Washington Post)

Mitch McConnell's secret fury over Charlottesville response highlights GOP's Trump dilemma (USAToday)

Trump’s lack of discipline leaves new chief of staff frustrated and dismayed (The Washington Post)

Trump Aides Agonize Over Their Futures in a Reeling White House (Bloomberg) We're getting texts, emails from White House insiders wondering if they want to stay: Axios (CNBC)

Donald Trump's approval rating lowest since taking office, Marist Poll shows (USAToday)

Trump's 7 months of self-destruction (Axios) Trump Comments on Race Open Breach With C.E.O.s, Military and G.O.P. (The New York Times) I Voted for Trump. And I Sorely Regret It. (The New York Times)

Trump’s Quick Response To Barcelona Attack Makes His Charlottesville Reactions Look Even Worse: He advises people to “study what General Pershing of the United States did to terrorists when caught’’ — a story with no basis in fact. (The Huffington Post) Donald Trump's lie about John Pershing is not only ignorant; it's dangerous for the fight against radical Islamic terrorism (The New York Daily News) Study Pershing, Trump Said. But the Story Doesn’t Add Up. (The New York Times) The Real Story Behind Donald Trump's Pig's Blood Slander [Feb. 24, 2016] (Time)

Spanish carrier Iberia to cut up to 955 more jobs (Reuters)

     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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