Friday, February 17, 2017


News Links, February 18, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Hanjin Shipping officially sunk, declared bankrupt
Greece says 'not a euro more' in cuts as EU officials call for speedy deal
Welcome to the new dark ages, where only the wealthy can retire
Kyrgyzstan: Currency pioneers mold nation of Gold Bugs at Ex-USSR's Edge
Kyrgyzstan's central bank wants every citizen to diversify into gold. Governor Tolkunbek Abdygulov says his "dream" is for every one of the 6 million citizens to own at least 100 grams (3.5 ounces) of the precious metal.
50 stores! Construction work starts on new $39m Oman shopping mall
Dow Jones Industrial Average Is A Ponzi Scheme
"Bank run" under Capital Controls: Greeks withdraw €2.5bn in 45 days
Caterpillar Records 50 Consecutive Months Of Declining Global Sales

## Cut, baby, cut! ##
Report: Payless could shutter up to 1,000 stores

## Airline death spiral ##
Kuwait's Jazeera sees 2016 net profit slump by nearly 30%
Airline says full-year revenue also down by 10% despite carrying marginally more passengers

Navy flight-tests sub-launched Trident II ballistic missiles
NATO Seeks Further Buildup in Black Sea, Eastern Europe
Europe must not bow to U.S. spending demands on NATO: EU's Juncker
Netanyahu's No-Way to a Peace Deal
Israeli Prime Minister Netanyahu tried to sound reasonable in his first meeting with President Trump, but he will never agree to a reasonable peace deal with the Palestinians.
Trump Says Palestinian Statehood Isn't Necessary for Peace. Netanyahu Calls Him the Greatest.

## Migrants/refugees ##

## Propaganda/censorship/fake news/alternative facts ##
Russian spy ship now off Virginia coast
OMG! Press the panic button! Seriously, this can't hold a candle to the world-girdling spy network deployed by the US against all the significant global players, including, of course, Russia. This panic-button article is part of the Russia-scare distraction campaign meant to keep Americans from focusing on the long-developing internal factors that are running their country into the ground. -- RF

## Systemic breakdown/collapse/unsustainability ##
White House posts wrong versions of Trump's orders on its website
This Is How the Status Quo Unravels: As the Pie Shrinks, Everybody Demands Their Piece Should Get Bigger
Fragmentation, discord, discontent, class war: this is the inevitable result of a shrinking pie.
Because energy underlies everything, pie shrinkage accelerates as net energy decline proceeds. -- RF
Rio's Olympic organizers are unsure how they will repay the $40 million they owe to creditors for setting up the Olympic facilities.
Superbugs rampant in China's poultry products, study shows
Microbes that cannot be killed by antibiotics are found easily in entire production chain, according to multinational research
Black Mirror or Red Herring? Shazeda Ahmed on China's Social Credit System

## US ##
3 reasons the U.S. could be headed for a fresh debt crisis
Look at what's happening with subprime car loans, student loans and mortgage defaults for those with lower credit scores
Glenn Greenwald Tells Truth About DNC: Nancy Pelosi and Chuck Schumer Leading Collapsed Party of Shills
So far, Trump has behaved exactly like he has throughout his previous career: He has generated intense attention and sold himself as a man of action while doing little other than promote an image of himself as someone who gets things done.

Thursday, February 16, 2017


News Links, February 17, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Brazil Retail Sales Collapse as Inflation and Unemployment Whack Consumers
India's Monthly Oil Demand Plunges Most in 13 Years
India's monthly oil demand fell the most since May 2003 as the government's crackdown on high-value currency notes continued to reverberate through the country's $2 trillion economy.
However, this article will make it plain and simple why China is exiting the spotlight and unfortunately, for global economic growth, there is no one else to take center stage.

## Airline death spiral ##
Why Passenger Yield Could Continue to Decline

## Fault lines/flashpoints/powder kegs/military/war drums ##
Syria War News: US Military Used Depleted Uranium That Can Cause Cancer And Birth Defects
The Negotiation Option with North Korea
North Korea has learned the lesson that surrendering WMD invites a U.S. invasion and murder of the leader – see Iraq and Libya – but talks to limit risks of another war remain an option.
More Bluster and Bluff on Iran
For all Team-Trump's tough talk on Iran – and its repetition of the lie that Iran is No. 1 in terrorism – the chances for a major escalation of tensions remain low.

## Migrants/refugees ##
ICE Arrested Nearly 700 People Last Week, Advocates Are Bracing for More to Come

## Global unrest/mob rule/angry people/torches and pitchforks ##
Political Consensus Is Splintering into Class Wars
The Pitchforks Are Being Sharpened
But remember: the shale drilling industry is mired in red ink. -- RF

## Got food? ##
Food prices soar as pockets run empty (Kenya)

## Environment/health ##
Pollinating drones: Clickbait, Fake News and Low-Calorie Science
How many articles have I seen on this in the mainstream media? Techno-porn lives! -- RF

## Intelligence/security/internet/cyberwar ##
What irony! All that sanctimonious talk about Russian meddling in the US election — which has never been substantiated — and now this. -- RF
On The Verge Of Treason: US Spies Withhold Intelligence From Trump

## Propaganda/censorship/fake news/alternative facts ##
German Intel Clears Russia on Interference
Mainstream U.S. media only wants stories of Russian perfidy, so when German intelligence cleared Moscow of suspected subversion of German democracy, the silence was deafening.
Brazil's Two Largest Newspapers Forced by President and Judge to Delete Reporting; We're Publishing It Here
Although the Russians aren't innocent, this is nevertheless welcome and necessary to counter the onslaught of fake news and propaganda from the Western media. -- RF
According to Open Net, a nongovernmental South Korean organization advocating freedom and openness of the country's Internet, the crackdown on fake news is an "exercise of cyber-censorship."

## Systemic breakdown/collapse/unsustainability ##
While Elites Played Empire, America Fell Apart
Dear Imperial America: the lifestyle you ordered is permanently out of stock.
"Empires and Barbarians: the fall of Rome and the birth of Europe" (review)
The decline of literacy in the US is on full display. This isn't just about Trump and his people. It symbolizes the breakdown of education and literacy, not to mention the undercurrent of anti-intellectualism in US society. -- RF
And this is just one example of how nearly everything in industrial society is unsustainable. -- RF

## Japan ##
Japan's Tepco To Issue First Bond Since Fukushima Disaster
The consumer society has shot its wad, but world leaders haven't noticed yet. -- RF
Number of ASDF scrambles hits record high
Japanese Defense Ministry sources say Air Self-Defense Force jets have been scrambled a record number of times over the past 10 months.

China's Citic plans $1bn write-down on Aussie mine
Total losses on the state-owned company's project are set to swell to $4bn
Urban butterfly declines 69% compared to 45% drop in countryside
Pesticides, paving and higher temperatures have put huge strain on butterflies in cities over past two decades, finds study

## US ##

Tuesday, February 14, 2017


News Links, February 15, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Biggest EU Banks Embark on the Mother of All Debt Binges
Asia Pacific employees aren't happy at work

## Fault lines/flashpoints/powder kegs/military/war drums ##
'Blackwater Air' Is Back, and Flying for U.S. Special Forces
A corporate descendant of the notorious guns-for-hire firm just got a $204 million contract to support American troops in Africa.
Nuclear war between India and Pakistan more likely, up to a billion deaths
Human Rights Watch: Syria Used Chlorine Gas in Capture of Aleppo
A new study from Human Rights Watch is claiming a "systematic" use of chlorine gas as an offensive weapon during the final few weeks of the Aleppo offensive, determining at least eight incidents in which military helicopters dropped such canisters into residential areas.
Regarding this, see the following article. -- RF

## Migrants/refugees ##
Migrants In Europe 2017: New Berlin Wall Built By German Town To Separate Citizens From Refugees

## Global unrest/mob rule/angry people/torches and pitchforks ##
Thousands march in Mexico to demand respect, reject Trump
Bravo! However... this lifestyle does not comport with the consumer society. Our economy depends on people spending lots of money, and going deep into debt to support a consumerist lifestyle. There's a fundamental contradiction between this frugal, minimalist lifestyle and the need to support economic growth with big spending. -- RF

## Environment/health ##
Sheer idiocy. -- RF

## Intelligence/security/internet/cyberwar ##
What happens when the power goes out after you become a cyborg? -- RF
It all looks good until the lights go out and the internet goes down. -- RF
Mike Flynn May Face Felony Charges For Lying To The FBI
The FBI had no problem letting Hillary Clinton off the hook despite numerous attempts to hide the truth; Mike Flynn may not be so lucky.

## Propaganda/censorship/fake news/alternative facts ##
To start with, these tips omit the most important one: Is it a mainstream media story? If so, it should be immediately suspect, in view of the history of fake news peddled by the mainstream media. And take a look at the tips offered. You can immediately see the problems. -- RF
But while it's important to lay primary blame for the ban at the feet of the man who signed it, years of Islamophobic coverage in corporate media—right-wing, centrist and "liberal"—laid the propaganda groundwork to get us here.
Millennial women face new mental health struggles in the workplace
Young workers today report higher rates of depression than any other generation

## Japan ##
No Laughing Matter for Kuroda With BOJ Near 40% of Bond Market
Trump Promises "Fast Trains," Japan's Railway Stocks Soar
Toshiba to issue business risk warning
Multi-billion-dollar nuclear loss may endanger future viability
Japan, Inc.: Optimized to 1960, Stumbling in the 21st Century
If an ossified, self-serving status quo refuses to adapt, collapse is the only way forward.

## China ##
China mulls radical output cuts, port coal ban in war on smog - document
China is considering forcing steel and aluminum producers to cut more output, banning coal in one of the country's top ports and shutting some fertilizer and drug plants as Beijing intensifies its war on smog, a draft policy document shows.

## US ##
Canadian school board bans student trips to U.S.
A public school board in Windsor, Ontario, has canceled all field trips to the U.S. — including visits to the Detroit Opera House and the Holocaust Memorial Center — over concerns that some students could be detained or turned back at the border.

Sunday, February 12, 2017


News Links, February 13, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Canada's AAA Rating Is on Thin Ice
Income share for the bottom 50% of Americans is 'collapsing,' new Piketty research finds
EU In Disintegration Mode
China Economy Forecast 2017 Signals Potential Collapse
The Megacity Economy: How Seven Types of Global Cities Stack Up (infographic)
Jim Rogers: "We're About To Have The Worst Economic Problems Of A Lifetime, A Lot Of People Will Disappear"
'Alarming scale' of youth unemployment in Middle East, OECD official warns
Out of pocket, Italians fall out of love with the euro
Singapore's Big Banks' Bad-Loan Woes May Be Getting Worse
The Great Precious Metals Market Disconnect: A Ticking Time Bomb

## War on cash/cashless society ##
Quiet Victory for Elites Accelerates Cashless Agenda
Cashless economy may soon fizzle out
Insight Went Dark Tonight, Disrupted Work of Several Bitcoin Wallets

## Airline death spiral ##
United Pilot Removed From Plane After Bizarre Rant About Donald Trump and Her Divorce
Wi-Fi calls on planes OK? Answer is loud and clear: No
Why America's Airports Suck

## Fault lines/flashpoints/powder kegs/military/war drums ##
U.S. Special Forces Deployed To 70% Of The World In 2016
Tensions flare between Greece, Turkey over Cyprus
The Latest: US Assesses N. Korea Missile Was Not ICBM
US Helicopters Unloaded in Germany to Boost Combat Presence
Defense Minister Says Serbia Will Get Russian Fighter Jets

## Migrants/refugees ##
Venezuela Now Leads US Asylum Requests as Crisis Deepens

## Global unrest/mob rule/angry people/torches and pitchforks ##
The Coming Class Wars — The forces dividing us are overwhelming those that unite us
Fatalities reported after mass protest in Baghdad
Deal to end Brazil police strike fails as violence spikes
Romania: 13th Day of Govt Protests Draw Tens of Thousands
Anti-DAPL Protesters block all northbound I-5 lanes in Bellingham
Paris Protest Turns Violent over 'Theo' Police Rape Allegation

## Energy/resources ##
NSW heatwave: AGL turns off smelter again to prevent state blackouts (Australia)
Why a NYMEX Veteran is Getting Nervous about Oil
Iraq's oil industry aspirations mired in fiction
Of late there is even talk of Iranian funding to get some projects off the ground

## Environment/health ##
Krakow's bold step to curb electromagnetic pollution reflects growing evidence of harm

## Intelligence/security/internet/cyberwar ##
Military-Grade Spy Gear Is Flooding into Local Police Departments
Major U.S. cities are spending millions of dollars on tools that track and extract data from people's cellphones — but almost nothing on rules to guide their use.
Will Edward Snowden Return To The US? NSA Leaker 'Not Afraid' If Russia Hands Him Over To Washington
Privacy groups say FBI hacking operation went too far
How algorithms (secretly) run the world
Code-Dependent: Pros and Cons of the Algorithm Age
An Alleged Muslim Spy Ring – Why Rex Tillerson Was Right To Clean House

## Propaganda/censorship/fake news/alternative facts ##
Amnesty International Stokes Syrian War
The West's vast propaganda machine has pulled in many formerly respectable groups, such as Amnesty International, which just released a dubious "human rights" report aimed at stoking the war in Syria.

## Japan ##
Japan's Economy Grew 1 Percent in 2016, Slowed in Oct-Dec

## China ##
Party Inspectors Hail Tycoon's Gagging as Key Achievement
Beijing joins list of mainland cities reporting bird flu cases in humans

## UK ##
Vegetable crisis forces UK supermarkets to set sights on US to stock up supplies
The vegetable crisis has drawn on for several weeks now, affecting courgettes, aubergines, lettuces, broccoli, salad peppers and cabbage
UK hit by 188 high-level cyber-attacks in three months

## US ##
The most depressing chart showing US imports and exports in 2016 with top trading partners.
KKK Imperial Wizard Found Dead on a Missouri Riverbank
Cyberbullying Bill Would Grant Power To Strip Online Anonymity Before Legal Proceedings Begin
Did The Judges Lie: New Report Finds 72 Terrorists Came From Countries Covered By Trump Ban
Tom Perez Apologizes for Telling the Truth, Showing Why Democrats' Flaws Urgently Need Attention
As Tensions Rise, Steve Bannon and ISIS Get Closer to Their Common Goal: Civilizational War

Saturday, February 11, 2017


News Links, February 12, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them?
Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers
Germany holds 25% of global shipping loans as industry collapses.

## War on cash/cashless society ##
China's Battle Over Virtual Wallets Intensifies
Cash No Longer King: Europe Moves to Begin Elimination of Paper Money

## Airline death spiral ##
Nigeria's Arik Air and aviation industry in disarray
The Nigerian government has announced a takeover of the country's biggest airline - Arik Air - to prevent it going bust. But this is just the latest example of problems in Nigeria's aviation industry.
Taiwan Threatens To Shoot Down Drones Found Flying Into Airports

## Fault lines/flashpoints/powder kegs/military/war drums ##
EU's Mogherini: U.S. says will fully implement Iran nuclear deal
The European Union's foreign policy chief, Federica Mogherini, said on Friday she was reassured during meetings with President Donald Trump's administration that it was committed to full implementation of the Iran nuclear deal.
The French election is now Marine Le Pen vs a collapsing French establishment
USAF test launches Minuteman III intercontinental ballistic missile

The carnage continues in the U.S. major oil industry as they sink further and further in the RED.  The top three U.S. oil companies, whose profits were once the envy of the energy sector, are now forced to borrow money to pay dividends or capital expenditures.  The financial situation at ExxonMobil, Chevron and ConocoPhillips has become so dreadful, their total long-term debt surged 25% in just the past year.
DAPL Doesn't Make Economic Sense
The Dakota Access Pipeline (DAPL) imposes huge environmental and health costs, creates few jobs, and generates little government revenue.

## Intelligence/security/internet/cyberwar ##
Twitter numbers paint grim profitability picture
A spokesman for President Putin simply called the return "nonsense," NBC reports.
However, Snowden's American Civil Liberties Union lawyer Ben Wizner said he does not know of any such plans by Russia as mentioned in the NBC News report.

## Propaganda/censorship/fake news/alternative facts ##
Will Facebook's System to Detect Fake News Lead to Censorship?
US railroad infrastructure went into a long decay after World War II as highways overtook trains as the most convenient and cost-effective mode of public and commercial transport.  Many diesel/electric locomotives on US tracks today suffer from parts shortages and maintenance issues.

## Japan ##

## China ##
PBOC Asks Banks to Curb New Loans
Supermarkets urged to create plastic-free aisle in every store
Supermarkets are being urged to create a plastic-free aisle in every store to prevent tons of waste packaging ending up in the world's oceans.

## US ##
Loving Our Servitude in America's Plantation Economy
Dallas pensions: In Search of a Fix (When None is Possible): What Happens?
Mississippi Advances Bill to Bring Back Firing Squad Executions
Mississippi lawmakers are advancing a proposal to add firing squad, electrocution and gas chamber as execution methods in case a court blocks the use of lethal injection drugs.
The Neocons' Back-Door to Trump
By enforcing a "group think" calling Iran the chief sponsor of terrorism, Official Washington's neocons are maneuvering the Trump administration into conforming with Israeli (and Saudi) desires.

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