Tuesday, February 21, 2017


News Links, February 22, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Dubai likely to lose 'shopper's paradise' status: S&P
Saudis tighten their belts for Eid in age of austerity
Gov't cuts, which began late in 2015, are now rippling through almost every area of the Saudi economy, reducing consumers' disposable income
There's No 'Free' Lunch at 40,000 Feet, Either
Airlines are bringing back complimentary meals because you pay for them in other ways.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Germany Won't Let Washington Join Ukraine Conflict Negotiations
Leaders from Germany, France, Russia and Ukraine met Saturday to discuss how to solve a bloody rebel movement that has torn apart Eastern Ukraine in recent years. Missing from the action was a representative from the U.S. And Germany's foreign minister said that won't change anytime soon.
Israel to Demolish Palestinian Homes for Settler-Only Road in East Jerusalem
Hundreds of Palestinians in occupied East Jerusalem are about to be made homeless as the Israeli government begins its initial excavations for a new road project, running 11 km, and aiming to connect settlements in the occupied West Bank to Jerusalem itself.

Homeland Security unveils sweeping plan to deport undocumented immigrants
Where have all these protesters been the last few decades? Their sudden appearance suggests that they were satisfied with the previous occupants of the Oval Office. -- RF

## Energy/resources ##
Russia Gains Upper Hand In Asian Oil War
The supermarket food gamble may be up
Brexit, migration and climate pressures mean our 'too big to fail' global food chain could unravel

## Propaganda/censorship/fake news/alternative facts ##

## Systemic breakdown/collapse/unsustainability ##
Our Systems Are Failing (interview with author of  Failing States, Collapsing Systems, Nafeez Ahmed)
Oops! The economy is like a self-driving car (Our Finite Earth)
Auditors declare war on hidden losses
Stricter checks could reveal a Japan Inc. riddled with Toshiba-like problems
Condo price in 2016 second-highest on record
The price of new condominiums in Japan hit the second highest level on record last year, fuelled by rising costs in personnel and materials.
China says bird flu outbreak 'controllable' but greater effort needed
National health commission puts provincial authorities on alert as the country grapples with its worst outbreak of the deadly bird flu strain
China orders that every single car in Xinjiang prefecture must have GPS tracking system installed

## UK ##
Council tax to rise while services cut, says LGA
Council leaders are warning of deep cuts to services despite nearly every local authority in England planning to raise council tax in 2017.
It's arrogant hotheads like this who start wars. -- RF
The American Dream moves further out of reach.

Sunday, February 19, 2017


News Links, February 20, 2017

Australia headed for 'economic armageddon'
Australia is headed for an "economic Armageddon", with record household debt, record foreign debt and a massive housing bubble creating a perfect storm that could "wipe out" millions of families if there is a global shock.

When the lights go out, digital money goes POOF! -- RF

## Airline death spiral ##
The hidden costs of economy class
More airlines than ever are introducing 'basic' economy fares, meaning plenty of extra charges for passengers.

## Fault lines/flashpoints/powder kegs/military/war drums ##
Global arms trade reaches highest point since cold war era
'Deep State' Has Trump on the Menu
Whether President Trump knows it or not, he is in a battle with a powerful 'Deep State' that wants to suck him into its neocon foreign policy orthodoxy or destroy him politically.
In view of worldwide changes now underway, Lavrov's remarks are more a prediction than a wish because the Empire is weakening, and a multi-polar world is in the offing. -- RF

## Environment/health ##
Public hospitals in 'state of emergency': Australian Medical Association report
Australia's public hospitals are in a "constant state of emergency", with inadequate federal government funding failing to improve wait times, and forcing health workers to treat sicker patients with fewer resources, the Australian Medical Association has warned.
Biological terrorism could kill more people than nuclear attacks, Bill Gates to warn world leaders

## Propaganda/censorship/fake news/alternative facts ##
Newsweek Fake News: "The Russian Plot, How Putin and Trump Colluded"
While criticism of Trump is warranted for any number of reasons, the media are careful not to mention the smorgasbord of lies and propaganda they've been dishing up for decades. In that sense, Trump is correct: the media are the enemy of the people. -- RF
McCain is missing the point. Dictators get started by controlling the press. What McCain means by needing the press is that people like him need a docile press that will obediently disseminate their propaganda. -- RF
Democrats, liberals and media pundits – in their rush to take down President Trump – are pushing a New McCarthyism aimed at Americans who have talked to Russians, risking a new witch hunt.

## Systemic breakdown/collapse/unsustainability ##
Dubai's crazy, apocalyptic vision for the future
None of the "solutions" will happen because there won't be enough energy to implement them. -- RF

## Japan ##
Food taking bigger bite out of Japanese households' spending
Higher prices, appetite for premade food pushes ratio to 29-year high
Japan may offer military trucks to ASEAN
Troops could also be sent to train recipients on use of vehicles
Fears of 'dirty meat' entering food chain after 25% of abattoirs fail tests
Audits carried out at more than 300 abattoirs in England, Wales and Northern Ireland find major hygiene failings in more than a quarter of meat plants.
Democrats, Liberals Catch McCarthyistic Fever
Democrats and liberals are so angry about President Trump that they are turning to McCarthyistic tactics without regard to basic fairness or the need to avoid a costly and dangerous New Cold War.

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 ##

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