Thursday, September 27, 2012


News Links, September 28, 2012

## Global Ponzi meltdown/House of Cards ##
VW Says Some Carmakers May Go Bankrupt Without Assistance
Overcapacity continues to dog stainless steel industry
Spain's crisis budget aims at spending cuts not tax rises
Spain Falls to Pieces, as Predicted
Barclays Opens Massive Brand New Precious Metals Vault In London
IBM Argentina lays off hundreds due to labor costs
China's Great Slowdown Is Really Here— And It's Worse Than You Think
Beyond Wall St., Curbs on High-Speed Trades Proceed
Counterfeit goods becoming more dangerous
"The global trade in counterfeit goods is booming, and it's shifting from relatively innocuous items like shoes and handbags to things like medicine and pesticides that can carry serious health and safety implications."
High-Priced Fuel Syndrome

## Airline Death Spiral ##
Thousands of American Airlines workers decide to take buyouts
AA accuses pilots of work slowdown

## Fault lines/flashpoints/powder kegs/military/war drums ##
Mexico says captures high-ranking Zetas cartel leader
No fix for 'Jesus rifles' deploying to Afghanistan
Chinese icebreaker sails to Atlantic and back, via Arctic
Shootings, grenade attacks rattle Congo's Goma
Mexico says it captured senior Zetas cartel leader "El Taliban"
Russia 'consecrates' North Pole
"A Russian Orthodox bishop has lowered a 'holy memorial capsule' into the sea at the North Pole in an attempt to 'consecrate' the Arctic  and reasserts Moscow's claims to the territory."
The explosion of private militaries and mercenaries, post-Iraq
Netanyahu draws "red line" on Iran's nuclear program
As Israeli PM Netanyahu Discusses Iran's Nukes, Let's Not Forget His Lies About Iraq's WMD's
Will Israel Launch a False Flag Against Iran to Start War?

## Global unrest/mob rule/angry people/torches and pitchforks ##
Muslims protest at US Embassy in Bangkok
Two killed as Saudi security forces try to arrest Shi'ite man
Belgian rail strike to hit Eurostar, Thalys services
China's dorm room discontent emerges as new labor flashpoint
Islamic Revolution… in Saudi Arabia?

## Energy/resources ##
Will Humanity Face a Carbohydrate Shortage?
US Navy Develops a Technique to Produce Jet Fuel from Sea Water
Don't get excited. What is the EROEI of this process? It's also possible to extract gold from seawater, so why isn't everyone doing it? It all comes down to energy input. -- RF
Comments on Maugeri's Oil Revolution - part I
Statoil May Order Tailored Rigs to Combat High Norway Costs
"Statoil ASA (STL), Norway's biggest oil and gas producer, may order additional new-build drilling rigs specially designed for its activities off the country's coast in an effort to combat rising costs and a capacity shortage."
Dying diesel sales say China's engine slowing
"China is unlikely to import diesel for domestic use for the rest of the year due to a slowing economy, industry sources say, putting pressure on Asian diesel margins as well as potentially reversing high prices for the fuel in the West."
Drop in European oil products demand menaces refineries: CONCAWE
"Up to 40 small refineries in Europe could close over the next two decades, if they cannot tap growing export markets, because demand for oil products in the region is expected to drop, a study by industry association CONCAWE shows."
BP's Texas Refinery Sale Shows Volatile Industry's Decay
Sudan, South Sudan sign deals to restart oil, secure border

## Got food? ##
Salmonella outbreak prompts peanut butter recall
Cold snap may hit Argentine wheat, rain seen ahead
Crop production to drop by 10 per cent (Nepal)
U.S. to End Mexican Tomato Pact, Raising Risk of Trade War
Backyard Chicken Facts - 5 Things No One Told Us

## Environment/health ##
Big Quakes Signal Changes Coming To Earth's Crust
Typically sunny Rio de Janeiro becomes unrecognizable during cold spell
B.C. prepares for an estimated 1.5 million tons of tsunami debris
Plastic debris reaches Southern Ocean
"The first traces of plastic debris have been found in the once pristine environment of the Southern Ocean, according to a new study."
Worst flood for decades uproots 10,000 in central Nigeria
Dengue fever confirmed in Florida girl

## Intelligence/security/internet ##
Banks fail to repel cyber threat
"Attacks that have tied up bank websites show U.S. financial institutions' vulnerability to electronic terrorism."
The high costs of Internet convenience
Lieberman pushes Obama to issue cybersecurity executive order
New Stanford/NYU study documents the civilian terror from Obama's drones

## Systemic breakdown ##
Alternatives to a Bugout Location – What You Should Consider

## Japan ##
Sharp to End Solar Panel Business in U.S., Europe, Kyodo Says
China boycott of Japan products broadens to drug, construction sectors
Japanese department store chain sees Y500 mil damage in China riots
Nuclear Regulation Authority scraps reactor stress tests
Abe eyes lifting ban on collective self-defense

## China ##
A Chinese Mega City Is On The Verge Of Bankruptcy
Weapons of Mass Urban Destruction
"China's cities are making the same mistake America made on the path to superpower status."
Central bank adviser: China underestimated global slowdown
Baoshan Steel Halting Production at China Factory
"Baoshan Iron & Steel Co. (600019), China's largest listed steelmaker, suspended production at a plant after demand fell for slabs used to make ships and bridges."
Decline in China's Industrial Profit Accelerates
Chinese sovereign wealth fund interested in Australian milk farms
Growing doubts cast on ballooning local investments in China
Sinopec shuts plants for emission checks: report
Asia's budget airline boom bypasses China

## UK ##
High sleeping pill use 'worrying'

## US ##
Immigrant Detention and the Private Prison Industry
Weak orders point to sharp slowdown in manufacturing
Harsh Words for Fed From Beijing, Seoul
Campbell Soup to close California plant, cut 700 jobs
Stubborn drought maintains grip on lower 48 states
Average Student Loan Debt Now More Than $26,000
Durable Goods Orders Ex-Transportation "Unexpectedly" Drop, Down Third Month, July Revised Lower; GDP +1.3% Second Quarter; June Recession Call Looking More Likely
U.S. 30-Year Mortgage Rates Fall to Record Low of 3.4%
Fiscal Cliff Poses Significant Risk to U.S. Outlook (PDF)
Steel Industry Outlook Turns Negative

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