Friday, January 30, 2015


News Links, January 31, 2015

## Global Ponzi meltdown/House of Cards ##
Global Cooling Alert: Baltic Dry Goods Index Plummets To 28-Year Low
Commodity prices collapse to lowest in 12 years
The Mexican Peso & Brazilian Real Are Collapsing
Weakening Currencies Put Developing Countries' Debt at Risk
Brazil's Economy Is On The Verge Of Total Collapse
Eurozone breakup threat reaches all-time high
In Denmark You Are Now Paid To Take Out A Mortgage
Turkey's Vanishing $8 Billion
Eurozone, Including Germany, in Deflation; Strange Times for Denmark, Deutschland and EU
Germany succumbs to Europe's deflationary crisis
A Greek tragedy in four charts
Tim Hortons cut 350 workers in layoffs this week, company says
Canadian dollar sinks ever deeper: 'There will be consequences'
Oil and Real Estate Bubbles in Canada: What Goes up Won't so Smoothly Come Down
Chances of Bank of Canada rate cut in March rising as outlook for economy gets worse
It Will Now Cost You 0.5% To Save Money In Denmark: Danish Central Bank Cuts Rates For Third Time In Two Weeks
The Raging "Currency Wars" Across Europe
Eurozone prices plunge 0.6 pct amid weak growth, cheap oil
Birth Pangs Of The Coming Great Depression
Stupid Time In the Casino: Shake Shack Opens At 108X EBITDA/TEV
AOL to lay off about 150, mostly in sales
Markets Brace For Big Oil Profit Plunge

## Airline Death Spiral ##
JetBlue to Unveil Bag Fees and New Types of Fares in the Second Quarter
Food service employees stage protests at HQs of big airline customers
FBI Investigates Spike In Terror Threats Against US Airlines
Asian airlines slash fuel surcharges but fares likely to rise
South Korea's New Plan to Stop Passengers Going Nuts at Flight Attendants
Oil price declines fail to bring air fares down (Pakistan)
FAA probes as planes nearly collide by NY airport

## Fault lines/flashpoints/powder kegs/military/war drums ##
Hezbollah, Israel signal each other they want to end fighting
1,000 paratroopers from Panther Brigade headed to Iraq this week
White House Labels Taliban 'Armed Insurgency,' Not Terrorists
Conscription of People, Cars, Businesses in Ukraine for Mindless Slaughter; Entire Villages Leave to Avoid Servitude; Hop on the Bus Gus
Simultaneous Attacks Across Sinai Kill at Least 27
NATO Will Set Up Commands to Soothe Nervous Eastern Europe
NATO defense ministers are expected to agree next week to set up command units, staffed with national and NATO soldiers, in six Eastern European allies as part of a new strategy in response to the Ukraine crisis, NATO's chief said on Friday.
China's man-made islands in disputed waters raise worries
Philippines, Vietnam upgrade ties in show of unity against China

## Global unrest/mob rule/angry people/torches and pitchforks ##
Anti-war protesters attempt to 'arrest' Henry Kissinger at Senate hearing
John McCain calls protesters against 91-year-old former secretary of state "low-life scum"
The new NYPD counter-terrorist unit will also police social justice protests
New York Police Commissioner Bill Bratton on Thursday unveiled a new militarized police unit that will be trained and armed with heavy protective gear, long rifles, and machine guns to restrain terrorists and social justice protesters.

## Energy/resources ##
S. African power cuts hold off doomsday as sector seeks rescue
Days of rolling blackouts this week have blighted South African society and business, and they face an increasing number of outages in years to come. But the alternative, a grid collapse, could be catastrophic.
Drug Cartels Threaten Mexican Energy Future More Than Oil Prices
Shell Falls Short After Oil Production Income Collapses
Royal Dutch Shell blamed writedowns and forex losses for making almost no money in oil production, its most powerful division, in the last quarter of 2014, causing the company to miss profit forecasts by more than 20 percent.
Nuclear renaissance: First U.S. nuclear plant in decades is over budget, behind schedule
Bearishness Continues Among Oil Industry Experts

## Lifestyle Solutions ##
Looks Like I'll Be Able to Retire Comfortably at Age 91
My advice is to focus not on retiring comfortably, but on working comfortably.
North Dakota's oil industry is pushing to change the state's radioactive waste disposal laws as part of a broad effort to conserve cash as oil prices tumble.
The Obama administration is proposing to create a large database of patient information, including genetic profiles and medical histories, to further research into "precision medicine," which aims to create customized treatments based on a patient's genetic makeup and lifestyle choices.

## Intelligence/propaganda/security/internet/cyberwar ##
"Recipe for Disaster": Canadian Government to Expand State Surveillance Powers (Again)

## Systemic breakdown/collapse/unsustainability ##
The One Way Forward (The Archdruid Report)
I suspect that technological regression will indeed happen, but not voluntarily. And that's going to make it much worse. -- RF
Famed economist warns economic disparity to increase in Japan with population decline

## China ##
How "Mr. Dig Dig" Buried Wuhan In Debt: Local Government Financing Vehicles Are At The Heart Of China's Ponzi
China trumps U.S. for foreign investment
China became the world's top destination for foreign investment in 2014, edging the U.S. out of the top position for the first time since 2003, according to figures released Thursday by the United Nations Conference on Trade and Development.
Regulation forbids lavish buildings
The central government has issued a regulation forbidding county authorities in poverty-stricken areas from building lavish office buildings, a senior official said on Friday.
"The Russian planes were escorted by the RAF until they were out of the UK area of interest. At no time did the Russian military aircraft cross into UK sovereign airspace," the MoD said in a statement.
Recriminations fly as North Sea oil industry struggles
The fall in oil prices is causing angst in the UK oil industry, which emerged in the 1970s as a response to the Middle East's lock on production but is now plagued by high costs, high tax and infrastructure problems.

## US ##
Most Americans on Brink of Financial Disaster
Homeland Security funding on the brink

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