Thursday, December 05, 2019


News Links, December 6, 2019

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
India's central bank is expected to cut rates but that may not be enough to spur growth
Gold has even outpaced the stock prices of many of the world's most popular tech investments like Netflix, Tesla, Amazon, etc.

## Airline death spiral ##
United orders 50 long-range Airbus jets to replace older Boeing planes

## Fault lines/flashpoints/powder kegs/military/war drums ##
Trump Mulls Turkey Sanctions As Senate Grows Impatient
Germans in favor of 'reducing reliance' on US
A new YouGov poll has found that a majority of Germans are in favor of reducing reliance on the US and increasing ties with Russia.
Turkey is taking a page from China's playbook. Making an outrageously huge claim is much more likely to increase your eventual winnings than by not doing so. -- RF

## Energy/resources ##

## Got food? ##

## Environment/health ##

## Intelligence/security/internet/cyberwar ##
Despite worldwide media coverage of their open letter, more than 80 medical doctors have received no response from the UK government.
Former Deutsche Bank Executive Who Oversaw Trump's Loans Dies by Suicide
Indians afraid to criticize govt: industrialist
Bajaj Group Chairman Rahul Bajaj says there is an atmosphere of fear in the country
The Angry Arab: U.S. Role in Lebanon's Crisis Goes Unrecognized
The bulk of Lebanon's corrupt ruling class are clients of the U.S. and Saudi Arabia, not Iran. But this fact is too inconvenient for Western media to point out.

## Propaganda/censorship/fake news/alternative facts ##
Twitter bans Project Veritas ads over old video exposing platform's shadow-banning

## Systemic breakdown/collapse/unsustainability ##
Catabolism: Capitalism's Frightening Future
Crunchtime: When Events Outrun Plan B
Costs Are Spiraling Out of Control
And how do we pay for these spiraling out of control costs? By borrowing more, of course.
What Worries me About "Hedonic Quality Adjustments"
An arcane device that impacts so much and papers over the struggles many Americans face in a world that is becoming increasingly unaffordable for them.

Tuesday, December 03, 2019


News Links, December 4, 2019

Trump Suddenly Has No Deadline, Talks Keep Dragin' On
Trump now says a trade deal with China might wait until after the election.
In the long run, trade routes everywhere are going to crash for want to affordable energy. -- RF
"For many Brazilians, this smells like revenge for their country's soybean farmers bonanza – they have benefited enormously from the U.S.-China trade war by replacing U.S. soybeans sales into China."

To be fair, it's certainly not the only thing killing the planet. -- RF

## Energy/resources ##
Conversation with petroleum expert Art Berman. This is what I've been saying over and over. The decline of net energy (i.e., the surplus energy left for the socioeconomic system after the energy supply system pays its costs) is why the system is grinding to a halt. -- RF
Russia's $400 Billion Pipeline Project Launches Today
The presidents of Russia and China will today officially inaugurate the Power of Siberia natural gas pipeline that will eventually deliver 38 billion cubic meters annually to China, with the full capacity to be reached some time in 2025.
Economists and climate change: Building castles in the sky
Even Shale Veterans Don't Buy The Bullish Production Forecasts
Unmitigated disaster for shareholders

## Environment/health ##
Scientists 'alarmed' to find 220 lbs. of plastic in dead whale's stomach
Study: Air pollution may increase glaucoma risk

## Intelligence/security/internet/cyberwar ##
Technocracy now: The US is working to turn Lebanon's anti-corruption protests against Hezbollah
While Lebanon's protests remain focused on the economy and widespread corruption, Washington is increasingly determined to exploit the movement as a geopolitical weapon in the region.
Eight of the 10 most surveilled cities in the analysis are in China. London ranked sixth with 627,707 cameras covering 9 million residents and Atlanta, Georgia, came 10th with 7,800 cameras for 501,178 people.
Ring Coyness About Adding Facial Recognition Tech To Its Cameras Doesn't Extend To Its Marketing Materials
Dress better, citizens. Otherwise, your image might be uploaded to Ring's snitch app, Neighbors, where local randos can collectively gin up fear and sic the cops on you.

## Japan ##
This is rank discrimination against people who use cash. -- RF
China to suspend US Navy visits to Hong Kong over new law
China said Monday it will suspend U.S. military ship and aircraft visits to Hong Kong and sanction several American pro-democracy and human rights groups in retaliation for the signing into law of legislation supporting anti-government protests in the semi-autonomous territory.

## UK ##
The husband of Anne Sacoolas is NOT a diplomat! -- RF
Builders are building cheaper homes because no one can afford anything else.
The GAO report to the Senate Armed Services Committee identified 102 bases vulnerable to "not having sufficient water available to meet their mission needs" for drinking, training, weapons testing, fire suppression and sanitation.
A nation that's no longer capable of naming names and reporting what actually happened richly deserves an economic and political collapse to match its moral collapse.
Off the radar: U.S. CEOs' jet perks add millions to corporate tax bills
As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the  true cost of the perk.
My bet is on the bad. -- RF

And finally...
That's not the only problem. Count how many times the all-purpose word "issue" is used in this article. -- RF

Sunday, December 01, 2019


News Links, December 2, 2019

There is one big difference between the 1930s and now: In the 1930s, the developed world was riding a rising energy curve, but now the whole world is at the mercy of net energy decline. The current crash — already begun — will be global and deadly. -- RF
Are we in for a repeat of the 'Long Depression'?
Is the US dollar doomed?
A China Trade Deal Just Finalizes the Divorce
US law backing Hong Kong protests could end up hurting everyone — the US, China and Hong Kong

## Cut, baby, cut! ##

## War on cash/cashless society/cryptocurrencies ##
China's Mobile Payments Grow More Than 60% in Third Quarter
In 2035 it's highly unlikely that there will be an airline industry as we know it. -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
India watching US for sanctions on Turkey
The weaponization of sanctions is completely out of control. Far from doing any good, sanctions are driving a wedge between the US and other countries, including its friends/allies. -- RF
Foreign Minister warns drone strikes would violate sovereignty

## Global unrest/mob rule/angry people/torches and pitchforks ##
Colombia protest leaders push Duque on dialogue
Nuclear power: the gift that keeps on giving. -- RF
The mere idea that we can properly dispose of deadly nuclear waste and keep it out of the environment for a million years is patently ludicrous. Even a hundred years from now, the energy companies and governments which will supposedly take responsibility for and preside over nuclear waste repositories and nuclear power plant decommissioning won't exist. The price of "too-cheap-to-meter" energy is incalculably high. -- RF
It's true. But I guarantee that renewables won't be able to take up the slack. Once their fossil-fuel underpinning is lost, we will see the true cost of renewable energy. Prepare for an austere future. -- RF
Christmas tree prices rise as drought and fire hit crops and farms close (US)
Christmas tree farmers are questioning how they'll remain profitable on a warming planet prone to droughts, floods, wildfires and other weather disasters.

The database contained access information to online medical services along with passwords and usernames to websites such as Google and Facebook. 
• Julian Assange

## Systemic breakdown/collapse/unsustainability ##
MTA workers say job cuts led to more filth on NYC subway cars
Filth? You ain't seen nothin' yet! -- RF
This might be useful as a short-term fix, but consumerist gluttony has no future in any country. -- RF
Not just California. Everyone has to start thinking now about how we will cope in a world of increasingly unreliable energy supplies. -- RF
A barrier to the large-scale deployment of renewables in Japan is the shortage of land suitable for siting wind and solar farms, which require far larger land areas than fossil fuels per unit power produced. -- RF
You can easily find articles like this because fertility rates are plunging around the world. Yet this article, like the others, makes no mention of the primary cause: net energy decline. The basic formula is simple: when energy supplies increase, populations increase, and when energy supplies decrease, populations decrease. You can see this in nature when populations of species adjust to their energy (i.e., food) supplies. Humans think that our technological prowess makes us immune to this law of nature, but simple observation shows this to be false. -- RF
The fastest-growing debt category in U.S. is not student loans or credit cards
Personal loans are growing at an 11% annual clip, according to Experian, faster that student loan or credit card balances.

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